Peterson Spring Salary

As of July 2026, the average annual salary for employees at Peterson Spring in the United States is $86,737. This translates to an approximate hourly wage of $42. Salaries at Peterson Spring typically range from $76,267 to $98,429 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Peterson Spring Pay for Different Roles?

Explore detailed salary information for specific jobs at Peterson Spring. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Peterson Spring.
Loading results...

About Peterson Spring: Company Profile

Website
www.pspring.com
Founded In
1914
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Location
MADISON HEIGHTS
Revenue
$200 Million - $500 Million
Phone Number
-
Social Media
About PETERSON SPRING
Peterson Spring is a designer and manufacturer of springs and wire forms for automotive, medical and construction sectors.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Peterson Spring's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Safety drills and PPE availability show that employee well-being is taken seriously. Every employee contributes, and collaboration is encouraged across all teams. There’s also a strong sense of camaraderie—you’re not just a number here. It’s a place where things stay the same unless prompted by urgent need. A place where everyone knows their role and helps others succeed.
Experienced supervisors guide production with precision. Coworkers are polite and it is somehow overly collaborative. Teams collaborate well, and there’s a strong emphasis on keeping everything running efficiently. There’s a real sense of pride in our work. From day one, I was welcomed, trained well, and respected. Our facility runs smoothly with minimal downtime, and employee feedback is regularl...
I enjoy the sense of accomplishment that comes from working with well-organized systems and a team that genuinely wants to succeed together. The company provides a stable work environment with standard safety practices, though enforcement can sometimes be inconsistent. It's rare to find a manufacturer that balances scale with such employee-focused values. Proactive maintenance prevents costly disr...
I genuinely look forward to coming to work each day. It’s a place where you can take pride in your work and feel like a valued team member. It feels good to be recognized for our efforts.

Is Peterson Spring’s Pay Competitive? Salary Benchmarking Analysis

How does Peterson Spring'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
PRESTOLITE WIRE LLC $80,811
-6.8%
PRESTOLITE WIRE LLC operates with a leaner overhead structure, impacting base wage offers.
HOPKINS MANUFACTURING CORPORATION $78,715
-9.2%
Reflects market rates for standard general contracting, differing from specialized roles.
FLUIDMASTER $94,983
+9.5%
Reflects a supply-demand imbalance for the specific talent FLUIDMASTER targets.
ERNST CONCRETE $83,898
-3.3%
ERNST CONCRETE focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $121,746
+40.4%
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.

What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Peterson Spring.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Peterson Spring, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Peterson Spring salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Peterson Spring

FAQ 1: What is the estimated average total compensation at Peterson Spring?
Salary.com estimates that the average total compensation package at Peterson Spring, which can include base salary, potential bonuses, and benefits, is around $86,737 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Peterson Spring pay compared to PRESTOLITE WIRE LLC?
The average annual salary at Peterson Spring is $86,737, or an hourly wage of $42, in comparison to PRESTOLITE WIRE LLC which pays $80,810 per year or $39 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Peterson Spring?
Salary progression from an entry-level to a senior role at Peterson Spring 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.
FAQ 4: How can I determine if a salary offer from Peterson Spring in Detroit is fair given the local cost of living?
To determine if a salary offer from Peterson Spring in Detroit is fair, first compare the gross salary to our data for similar roles at Peterson Spring and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Detroit" to understand its purchasing power.
FAQ 5: Are promotions at Peterson Spring usually accompanied by a significant salary increase?
Yes, promotions at Peterson Spring 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.