Newtech Salary

As of April 2026, the average annual salary for employees at Newtech in the United States is $86,863. This translates to an approximate hourly wage of $42. Salaries at Newtech typically range from $76,479 to $98,063 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Newtech

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Is Newtech’s Pay Competitive? Salary Benchmarking Analysis

How does Newtech's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
BEB Industrial Asset $89,679
+3.2%
Adjusted for higher cost-of-living indices in BEB Industrial Asset's primary metro hubs.
Roura Material Handling Inc $96,229
+10.8%
Data suggests Roura Material Handling Inc's workforce skews heavily towards veteran, high-tenure roles.
PROFESSIONAL INSTRUMENTS Corp $107,083
+23.3%
Driven by niche technical certifications required for PROFESSIONAL INSTRUMENTS Corp's specialized projects.
Charly Dixon & Brad Roberts $84,943
-2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $121,746
+40.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Newtech

Considering a career at Newtech? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Career progression is possible but often dependent on seniority. The training programs are top-notch, helping employees develop valuable technical skills. The organization values innovation and continuous process improvement, encouraging employees to contribute ideas. Recognition programs keep motivation high. The teamwork at this manufacturing plant is exceptional.
The workplace culture is straightforward but may feel inflexible to some. There’s pride in doing high-quality work. If you're self-sufficient and like routine, it works well. Company provides tools and resources needed.
Those who show initiative and reliability are quickly noticed and rewarded. Workplace culture is professional but can feel formal or rigid. Safety isn't just a priority - it's ingrained in the culture at all levels.
This commitment creates a secure and supportive work environment, which is paramount in manufacturing. Coworkers are fine, and it is somehow especially engaging. The schedule is consistent and easy to plan around. A truly positive workplace. The competitive wages and comprehensive benefits package show how much the company values its workforce. Equipment functions well most of the time. Management...
Great company values and mission. Leadership cares about employees and works to create a safe and inclusive environment. Training is available and it is somehow tailored or frequent. The role provides consistent pay and predictable hours. The company maintains reasonable benefits and stable work but offers limited growth opportunities.

Newtech Overview

Website
www.ntlifts.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
4900 Schaefer Ct Bettendorf Iowa IA 52722
Revenue
$10 Million - $50 Million
Phone Number
+1 6303784300
Social Media
About Newtech
New - Tech Marketing Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Bettendorf, Iowa.

What Benefits Does Newtech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Newtech offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Davenport?

Understanding the cost of living near Davenport is key to truly evaluating a salary offer or your current compensation at Newtech.
Davenport's Cost of Living Index is approximately 78.3 (21.7% less expensive than US average; 13.0% less than IA average). Quad Cities area (IA/IL), very affordable housing. CitiBus. When planning your budget based on a salary from Newtech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Newtech salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 (Seasonal swings) Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (CitiBus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,840 - $3,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Newtech

1. How much does a Newtech employee make?

Newtech pays its employees an average of $86,863 per year. The average salary at Newtech range from $76,479 to $98,063 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Newtech?

The salary at Newtech is lesser than the similar company. The average annual salary at Newtech is $86,863, or an hourly wage of $42, in comparison to BEB Industrial Asset which pays $89,679 per year or $43 per hour.

3. How much does a Sales Manager typically earn at Newtech?

A Sales Manager at Newtech typically earns an average annual base salary of around $105,708, with a general range of $91,064 to $121,074.

4. Do employees with advanced degrees (Master's, PhD) earn more at Newtech?

In many roles at Newtech, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Davenport affect the perceived value of a Newtech salary?

Davenport's Cost of Living Index is approximately 78.3 (21.7% less expensive than US average; 13.0% less than IA average). This significantly impacts the purchasing power of a salary from Newtech based there. Our "Cost of Living Insights for Davenport" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Newtech typically offer employees?

Newtech generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Newtech" section on this page.