Pennell Forklift Service Inc Salary

As of September 2026, the average annual salary for employees at Pennell Forklift Service Inc in the United States is $82,369. This translates to an approximate hourly wage of $40. Salaries at Pennell Forklift Service Inc typically range from $72,548 to $92,942 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Pennell Forklift Service Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Pennell Forklift Service Inc. Based on our data, the highest paying job is the Corporate Secretary, with an annual salary of $177,845. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Pennell Forklift Service Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Pennell Forklift Service 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
Illinois Material $95,227
+15.6%
Reflects a supply-demand imbalance for the specific talent Illinois Material targets.
Qwest Pontoons $83,108
+0.9%
Suggests Qwest Pontoons utilizes a highly similar base-plus-benefits compensation model.
PowerServ $85,903
+4.3%
Reflects structural premiums typical of PowerServ's large-cap national operations.
Lors Machinery Inc $100,143
+21.6%
Data suggests Lors Machinery Inc's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+47.8%
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 Pennell Forklift Service Inc

Considering a career at Pennell Forklift Service 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.
The company's stability in the manufacturing sector provides job security that's rare today. My role has given me new skills and confidence in my abilities. I truly enjoy the problem-solving aspects of my role here. Quality control ensures defect-free products consistently.
The team is cohesive and works efficiently together, helping each other overcome challenges. Tasks are repeated often and executed with efficiency. It’s easy to raise concerns or ask questions without fear, which really builds trust and confidence. Competitive pay and benefits contribute to employee satisfaction.
Being part of a forward-thinking organization is exciting. Pay is fair, and hours are reliable. Those who show initiative and reliability are quickly noticed and rewarded. I feel comfortable being myself and know that my contributions are appreciated regardless of my background. For an organization, their rigorous safety protocols and ongoing training are exceptional. Good for those who prefer def...

Pennell Forklift Service Inc Overview

Website
www.pennellforklift.com
Founded In
1996
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2196 S Main St Jacksonville Illinois IL 62650
Revenue
$5 Million - $10 Million
Phone Number
+1 2172438968
Social Media
About Pennell Forklift Service Inc
From equipment selection and supply, through training, and after-sales service, Pennell Forklift Service, Inc. is a complete one-stop-shop for all your Material Handling needs. Since 1996, our company has been a valued and trusted supplier of new and used forklifts, order pickers, reach trucks and other material handling equipment, including Pack Mule, in the Illinois region. As an authorized deal

What Benefits Does Pennell Forklift Service Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pennell Forklift Service 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 Springfield?

Understanding the cost of living near Springfield is key to truly evaluating a salary offer or your current compensation at Pennell Forklift Service Inc.
Springfield's Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.4% less than IL average). State capital, historic (Lincoln), very affordable housing. SMTD bus. When planning your budget based on a salary from Pennell Forklift Service Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Pennell Forklift Service Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SMTD monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,970 - $3,180+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pennell Forklift Service Inc

1. What is the estimated average total compensation at Pennell Forklift Service Inc?

Salary.com estimates that the average total compensation package at Pennell Forklift Service Inc, which can include base salary, potential bonuses, and benefits, is around $82,369 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Pennell Forklift Service Inc pay compared to Illinois Material?

The average annual salary at Pennell Forklift Service Inc is $82,369, or an hourly wage of $40, in comparison to Illinois Material which pays $95,227 per year or $46 per hour.

3. Do salaries differ significantly between departments at Pennell Forklift Service Inc?

Yes, salaries often differ between departments at Pennell Forklift Service Inc 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Pennell Forklift Service Inc?

Salary progression from an entry-level to a senior role at Pennell Forklift Service Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Pennell Forklift Service Inc in Springfield is fair given the local cost of living?

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

6. Are promotions at Pennell Forklift Service Inc usually accompanied by a significant salary increase?

Yes, promotions at Pennell Forklift Service Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.