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Ray Jacobs Machinery Co Salary

Ray Jacobs Machinery Co Salary

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As of October 2026, the average annual salary for employees at Ray Jacobs Machinery Co in the United States is $90,101. This translates to an approximate hourly wage of $43. Salaries at Ray Jacobs Machinery Co typically range from $79,237 to $101,880 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ray Jacobs Machinery Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Ray Jacobs Machinery Co. Based on our data, the highest paying job is the President, with an annual salary of $697,461. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Ray Jacobs Machinery Co’s Pay Competitive? Salary Benchmarking Analysis

How does Ray Jacobs Machinery Co'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
Advanced Metal Solutions Inc $114,530
+27.1%
Supported by Advanced Metal Solutions Inc's high-margin contracts allowing higher overhead.
Sheboygan Powersports $89,753
-0.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Marlee Enterprises $98,655
+9.5%
Reflects structural premiums typical of Marlee Enterprises's large-cap national operations.
Universal Stone Imports Inc $86,736
-3.7%
Reflects market rates for standard general contracting, differing from specialized roles.
Retail & Wholesale Industry $123,318
+36.9%
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.

How Ray Jacobs Machinery Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Ray Jacobs Machinery Co. Click a company name to learn more.

Employee Reviews: Working at Ray Jacobs Machinery Co

Considering a career at Ray Jacobs Machinery Co? 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.
I’ve learned a lot and feel appreciated. Communication from management is consistent. I enjoy the dynamic and rewarding work environment. The work-life balance is fair, and the company offers growth opportunities. A great place to work with a strong team spirit.
Commented in May 16, 2025
11
0
The office environment is modern and comfortable, enhancing daily productivity. Communication from upper management is consistent, keeping everyone informed about company goals. The company is well-established in the retail industry. The corporate policies are clear, and communication from leadership is consistent. Great teamwork and supportive management.
Commented in June 23, 2024
11
0
The company also supports work-life balance with flexible shifts. Career advancement is possible through clear promotion paths and skill-building programs. Friendly coworkers and a positive atmosphere. The work culture is inclusive, and leadership is transparent. Team collaboration is a strength, and innovation is encouraged. The pay is good, and advancement opportunities are available for those w...
Commented in June 02, 2024
24
0

Ray Jacobs Machinery Co Overview

Website
www.rayjacobs.com
Founded In
1961
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
31500 W 13 Mile Rd Farmington Michigan MI 48334
Revenue
<$5 Million
Phone Number
+1 2486268990
Social Media
About Ray Jacobs Machinery Co
Ray Jacobs Machinery specializes in used stamping presses, forging equipment, melt shop equipment, and steel processing and handling machines.

What Benefits Does Ray Jacobs Machinery Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ray Jacobs Machinery Co 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 Farmington?

Understanding the cost of living near Farmington is key to truly evaluating a salary offer or your current compensation at Ray Jacobs Machinery Co.
Farmington/Farmington Hills (Oakland Co.) Cost of Living Index is approx. 102-105. Affluent Detroit suburbs, good schools, housing near/above US avg. SMART bus. When planning your budget based on a salary from Ray Jacobs Machinery Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Ray Jacobs Machinery Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,580 - $3,910+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ray Jacobs Machinery Co

1. How much does a Ray Jacobs Machinery Co employee make?

Ray Jacobs Machinery Co pays its employees an average of $90,101 per year. The average salary at Ray Jacobs Machinery Co range from $79,237 to $101,880 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 Ray Jacobs Machinery Co?

The salary at Ray Jacobs Machinery Co is lesser than the similar company. The average annual salary at Ray Jacobs Machinery Co is $90,101, or an hourly wage of $43, in comparison to Advanced Metal Solutions Inc which pays $114,530 per year or $55 per hour.

3. How much does a President typically earn at Ray Jacobs Machinery Co?

A President at Ray Jacobs Machinery Co typically earns an average annual base salary of around $697,461, with a general range of $533,662 to $878,988.

4. Do employees with advanced degrees (Master's, PhD) earn more at Ray Jacobs Machinery Co?

In many roles at Ray Jacobs Machinery Co, 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.

5. How does the cost of living near Farmington affect the perceived value of a Ray Jacobs Machinery Co salary?

Farmington/Farmington Hills (Oakland Co.) Cost of Living Index is approx. This significantly impacts the purchasing power of a salary from Ray Jacobs Machinery Co based there. Our "Cost of Living Insights for Farmington" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Ray Jacobs Machinery Co typically offer employees?

Ray Jacobs Machinery Co 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 Ray Jacobs Machinery Co" section on this page.

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