Peerless Plastics Inc Salary

As of April 2026, the average annual salary for employees at Peerless Plastics Inc in the United States is $93,381. This translates to an approximate hourly wage of $45. Salaries at Peerless Plastics Inc typically range from $82,243 to $105,368 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Peerless Plastics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Peerless Plastics Inc. Based on our data, the highest paying job is the President, with an annual salary of $722,854. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Peerless Plastics Inc

Ready for your next career move? Explore current job openings at Peerless Plastics Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Peerless Plastics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Peerless Plastics Inc'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
Control Systems of Ohio Inc $85,228
-8.7%
Control Systems of Ohio Inc operates with a leaner overhead structure, impacting base wage offers.
Page Wire Rope Inc $80,471
-13.8%
Page Wire Rope Inc focuses strategically on recruiting and training entry-level apprentices.
Worldwide Forklifts Corp $86,852
-7.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Dillon Construction Services Inc $81,051
-13.2%
Dillon Construction Services Inc may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+30.4%
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 Peerless Plastics Inc

Considering a career at Peerless Plastics Inc? 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.
Reliable equipment reduces unexpected breakdowns and delays. Shift schedules fluctuate, affecting personal time. Tools are provided, but upgrades are infrequent. across multiple facilities, there's a strong culture of safety, quality and teamwork. A very supportive place to work, with clear career paths and goals for every employee.
I feel like part of a team that values quality and safety. The company offers a decent working environment with clear guidelines and expectations. The workload is manageable, though breaks could be longer. The work environment is professional but sometimes bureaucratic and resistant to change. The benefits package includes health insurance, retirement plans, and wellness initiatives. Job stability...
Morale remains high across all departments. Working at this manufacturing plant has been an incredibly rewarding experience. Opportunities for learning new things and taking on more responsibility are readily available, which is highly motivating and rewarding for dedicated individuals. Communication is generally clear but could improve in some areas. There aren’t many surprises, and schedules are...

Peerless Plastics Inc Overview

Website
www.peerlessplastics.com
Founded In
1951
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
510 Willow St Farmington Minnesota MN 55024
Revenue
$5 Million - $10 Million
Phone Number
+1 6514637147
Social Media

What Benefits Does Peerless Plastics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Peerless Plastics Inc 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 Peerless Plastics Inc.
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 Peerless Plastics Inc, 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 Peerless Plastics Inc 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 Peerless Plastics Inc

1. What is the average salary for employees at Peerless Plastics Inc?

The average annual total compensation for employees at Peerless Plastics Inc is approximately $93,381. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,243 to $105,368, depending on factors like job role, experience, and location.

2. How much does Peerless Plastics Inc pay compared to Control Systems of Ohio Inc?

The average annual salary at Peerless Plastics Inc is $93,381, or an hourly wage of $45, in comparison to Control Systems of Ohio Inc which pays $85,228 per year or $41 per hour.

3. What is the lowest salary at Peerless Plastics Inc?

The lowest-paying job at Peerless Plastics Inc is a Customer Service with a salary of $37,259 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Peerless Plastics Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Peerless Plastics Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Peerless Plastics Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Peerless Plastics Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Peerless Plastics Inc?

Most companies, likely including Peerless Plastics Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.