Material Salary at Renold Plc BETA

How much does a Renold Plc Material make?

As of March 2025, the average annual salary for a Material at Renold Plc is $133,731, which translates to approximately $64 per hour. Salaries for Material at Renold Plc typically range from $117,162 to $149,985, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Renold PLC Overview

Website:
renold.com
Size:
1,000 - 3,000 Employees
Revenue:
$200M - $500M
Industry:
MFG Durable

Renold plc manufactures and sells high precision engineered power transmission products in the United Kingdom, rest of Europe, Americas, Australasia, China, India, and internationally. The company operates through two segments, Chain and Torque Transmission. It offers standard, welded steel, trident, and draw bench conveyor chains, as well as conveyor chains for theme parks; and bucket elevator, escalator, heavy duty drag, and waste water treatment chains, as well as standard attachments. The company also provides industrial, marine propulsion, generator set, and ajax couplings; freewheel clutches, such as sprag clutches and trapped roller clutches for use in overrunning, indexing, and backstopping applications; and worm gears, bevel, helical gears, transit escalator drive solutions, custom gearing solutions, carter gear refurbishment, and oil condition monitoring systems. In addition, it offers leaf chains for materials handling applications; processing equipment and vibratory drives, such as shakers, QE vibrators, rotary electric vibrators, vibratory fill stations, vibratory conveyors, vibratory feeders, bulk bag unloaders, and screw conveyors; and chain accessories, including sprockets, chain wear guides, chain pin extractors, and chain tensioners. Further, the company provides transmission chains, which include general transmission, low maintenance, abrasion resistant, corrosion resistant, standard attachment, and polymer block chains. It serves clients in transportation, mining and quarrying, materials handling, manufactured products, environmental, food and drink, energy, and construction machinery, as well as agriculture, forestry, and fishing sectors through original equipment manufacturers, and distributors. The company was founded in 1864 and is headquartered in Manchester, the United Kingdom.

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What Skills Does a person Need at Renold Plc?

At Renold Plc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  2. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  3. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  4. Scheduling: Scheduling is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process.
  5. Materials Management: Materials management is a core supply chain function and includes supply chain planning and supply chain execution capabilities. Specifically, materials management is the capability firms use to plan total material requirements. The material requirements are communicated to procurement and other functions for sourcing. Materials management is also responsible for determining the amount of material to be deployed at each stocking location across the supply chain, establishing material replenishment plans, determining inventory levels to hold for each type of inventory (raw, WIP, Finished Goods), and communicating information regarding material needs throughout the extended supply chain. Typical roles in Materials Management include: Materials Manager, Inventory Control Manager, Inventory Analyst, Material Planner, Expediter and emerging hybrid roles like "buyer planner". The primary business objective of Materials Management is assured supply of material, optimum inventory levels and minimum deviation between planned and actual results.

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Check more jobs information at Renold Plc

Job Title Average Renold Plc Salary Hourly Rate
2 Accounts Payable $54,890 $26
3 Accounts Payable Clerk $54,890 $26
4 Area Sales Manager $116,310 $56
5 Assembly $44,673 $21
6 Assembly Line Worker $46,297 $22
7 Branch Manager $82,290 $40
8 Business Development Executive $118,985 $57
9 Business Development Manager $151,323 $73
10 Deputy Manager $82,637 $40
11 Director, Human Resources $201,367 $97
12 Director, Marketing & Product Management $207,563 $100
13 Driver $39,730 $19

Hourly Pay at Renold Plc

The average hourly pay at Renold Plc for a Material is $64 per hour. The location, department, and job description all have an impact on the typical compensation for Renold Plc positions. The pay range and total remuneration for the job title are shown in the table below. Renold Plc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $133,731 look to you?

FAQ about Salary and Jobs at Renold Plc

1. How much does Renold Plc pay per hour?
The average hourly pay is $64. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Renold Plc?
According to the data, the highest approximate salary is about $149,985 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Renold Plc?
According to the data, the lowest estimated salary is about $117,162 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.