Olympak Salary

As of April 2026, the average annual salary for employees at Olympak in the United States is $101,936. This translates to an approximate hourly wage of $49. Salaries at Olympak typically range from $89,738 to $115,123 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Olympak

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Is Olympak’s Pay Competitive? Salary Benchmarking Analysis

How does Olympak'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
Nol-Tec Systems Inc $99,605
-2.3%
Confirms Nol-Tec Systems Inc is a direct competitor vying for the exact same talent pool.
INDEVCO North America Inc $94,658
-7.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Dee Packaging Solutions $102,252
+0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Snyder Packaging Inc $90,734
-11.0%
Snyder Packaging Inc may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+19.4%
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 Olympak

Considering a career at Olympak? 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.
Training covers the basics, but more technical instruction would help new hires adjust faster. It’s a great place to grow in the manufacturing industry. Most communication comes from supervisors. This openness builds trust and makes you feel like you're a part of something bigger, fostering a sense of inclusion and shared purpose.
Leadership encourages professional growth and provides opportunities for advancement through internal promotions. Cross-training improves job variety. You’ll stay busy, but it’s not usually overwhelming unless someone is out. A healthy work-life balance and proactive management make all the difference. It’s a place where you can take pride in your work and feel like a valued team member. I’ve lear...
Work environment is stable but may feel routine and unexciting to some. For a mid-sized manufacturing firm, the opportunities for growth here are impressive. Upper management makes regular rounds and values visibility. The benefits are great, and there's a real effort to ensure a good work-life balance. The benefits package is competitive and comprehensive, supporting health and wellness.

Olympak Overview

Website
www.olympak.com
Founded In
1979
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
6010 Earle Brown Dr Brooklyn Center Minnesota MN 55430
Revenue
$10 Million - $50 Million
Phone Number
+1 7635045400
Social Media
About Olympak
At OlymPak we focus on that sweet spot where quality and innovation meet the right price. We understand how important packaging is to our customers as it can often be the physical representation of their product on the shelf. Please take a second to browse through the industry list to the left and learn how we specifically address the needs to each customer type. We know our solution focused metho

What Benefits Does Olympak Offer Beyond Salary?

A competitive compensation package is more than just a salary. Olympak 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Olympak.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Olympak, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Olympak salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Olympak

1. What is the typical salary range (low to high) for most roles at Olympak?

The typical annual salary range for most roles at Olympak is approximately from $89,738 to $115,123. 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. How much does Olympak pay compared to Nol-Tec Systems Inc?

The average annual salary at Olympak is $101,936, or an hourly wage of $49, in comparison to Nol-Tec Systems Inc which pays $99,605 per year or $48 per hour.

3. Do salaries differ significantly between departments at Olympak?

Yes, salaries often differ between departments at Olympak due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Olympak?

Experience level is a significant factor in determining salary at Olympak, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Olympak in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Olympak in Minneapolis is fair, first compare the gross salary to our data for similar roles at Olympak and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. Are the salaries listed for Olympak on Salary.com pre-tax or after-tax?

All salary figures displayed for Olympak, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.