Precision Scientific Inc Salary

As of July 2026, the average annual salary for employees at Precision Scientific Inc in the United States is $104,098. This translates to an approximate hourly wage of $50. Salaries at Precision Scientific Inc typically range from $91,498 to $117,830 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Precision Scientific Inc

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Is Precision Scientific Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Precision Scientific 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
Laboratory Equipment $120,131
+15.4%
Influenced by prevailing union wage agreements specific to Laboratory Equipment's sector.
Sheldon Laboratory Systems Inc $86,240
-17.2%
Sheldon Laboratory Systems Inc focuses strategically on recruiting and training entry-level apprentices.
Lehan Drugs $95,132
-8.6%
Normalized for lower cost-of-living zones where Lehan Drugs primarily operates.
Waukegan Tire $96,187
-7.6%
Waukegan Tire likely leverages performance bonuses over the high base salary shown here.
Retail & Wholesale Industry $123,318
+18.5%
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 Precision Scientific Inc

Considering a career at Precision Scientific 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.
Leadership truly cares about employees. It’s a reliable job with standard industry benefits. The pay scale is competitive, and annual raises are fair. the company provides job security and fair compensation.
Good for those who prefer consistency in their work. Friendly coworkers and positive environment. The Retail & Wholesale sector requires adaptability, and this company does well in keeping up with industry trends. Company values work-life balance.
Team members are cooperative, and management ensures tasks are clear. The Retail & Wholesale industry can be hectic, but this company maintains a steady workflow. Typical corporate structure, decent workload. Benefits, including health coverage and performance incentives, are excellent. While there aren’t many standout perks. The workplace is organized, and the team is helpful. The Wholesale divis...
While workloads vary, the recognition for hard work makes it worthwhile. The team works well together, and the management is open and accessible. The team is collaborative, and management is open to new ideas. The work environment is energetic yet balanced. The retail sector is fast-moving, but the company provides clear guidance and support.

Precision Scientific Inc Overview

Website
www.precision-scientific.com
Founded In
1964
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
3737 W Cortland St Chicago Illinois IL 60647
Revenue
$10 Million - $50 Million
Phone Number
+1 5408699892
Social Media
About Precision Scientific Inc
The Precision Scientific Company (PSC) was established in 1964 by Shri. K. Palaniyuppan, as suppliers of Lab Chemicals, Glasswares, and Scientific laboratory equipment mainly to Colleges, hospitals, Industries, and Labs for research and analysis. We have effectively established our identity in Southern India with branches at Chennai, Puducherry (Pondicherry), and Bengaluru. We have been a reliable

What Benefits Does Precision Scientific Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Precision Scientific 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Precision Scientific Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Precision Scientific Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Precision Scientific Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Precision Scientific Inc

1. How much does a Precision Scientific Inc employee make?

Precision Scientific Inc pays its employees an average of $104,098 per year. The average salary at Precision Scientific Inc range from $91,498 to $117,830 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 Precision Scientific Inc?

The salary at Precision Scientific Inc is lesser than the similar company. The average annual salary at Precision Scientific Inc is $104,098, or an hourly wage of $50, in comparison to Laboratory Equipment which pays $120,131 per year or $58 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Precision Scientific Inc?

In many roles at Precision Scientific Inc, 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.

4. How does the cost of living near Chicago affect the perceived value of a Precision Scientific Inc salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Precision Scientific Inc based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Precision Scientific Inc typically offer employees?

Precision Scientific Inc 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 Precision Scientific Inc" section on this page.