Ring Precision Components Salary

As of April 2026, the average annual salary for employees at Ring Precision Components in the United States is $95,923. This translates to an approximate hourly wage of $46. Salaries at Ring Precision Components typically range from $84,469 to $108,428 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ring Precision Components Pay for Different Roles?

Explore detailed salary information for specific jobs at Ring Precision Components. Based on our data, the highest paying job is the President, with an annual salary of $742,532. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Ring Precision Components

Ready for your next career move? Explore current job openings at Ring Precision Components. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Ring Precision Components’s Pay Competitive? Salary Benchmarking Analysis

How does Ring Precision Components'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
Medical Device $99,710
+3.9%
Reflects a supply-demand imbalance for the specific talent Medical Device targets.
Bicon LLC $113,359
+18.2%
Supported by Bicon LLC's high-margin contracts allowing higher overhead.
Ningbo Huahui Medical Instruments, Co. Ltd $110,965
+15.7%
Influenced by prevailing union wage agreements specific to Ningbo Huahui Medical Instruments, Co. Ltd's sector.
Bionicare Medical Technologies Inc $104,858
+9.3%
Reflects structural premiums typical of Bionicare Medical Technologies Inc's large-cap national operations.
Biotechnology Industry $130,524
+36.1%
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 Ring Precision Components

Considering a career at Ring Precision Components? 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.
Employees are trusted, and scientific curiosity is encouraged across all levels of the organization. This environment suits those valuing consistency over rapid change. The pace is moderate, and most roles are well-defined. Management promotes a collaborative and respectful culture, and the work environment feels safe and inclusive. The career growth opportunities at are exceptional, befitting a ...
Despite its massive size, the company maintains a high level of transparency and accountability in its research and development. Colleagues are not just coworkers; many have become friends. Cross-functional collaboration is encouraged, allowing us to tackle complex challenges effectively. The work environment is modern, safe, and exceptionally well-equipped, providing everything we need to succeed...
Benefits are decent, but professional development resources feel unevenly distributed. Colleagues are not just coworkers; many have become genuine friends. The transparency from management regarding company vision and challenges builds immense trust among employees. Training is available but limited in scope.

Ring Precision Components Overview

Website
www.ringprecision.com
Founded In
1945
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
2980 Turner Rd Jamestown New York NY 14701
Revenue
$10 Million - $50 Million
Phone Number
+1 7164847131
Social Media
About Ring Precision Components
Founded in 1945 and headquartered in Jamestown, New York, Precision Components manufactures custom components for a wide variety of markets including injection molding, munitions, medical-pharmaceutical, compaction, steel stamping and metal forming industries.

What Benefits Does Ring Precision Components Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ring Precision Components 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 Jamestown?

Understanding the cost of living near Jamestown is key to truly evaluating a salary offer or your current compensation at Ring Precision Components.
Jamestown's Cost of Living Index is approximately 75.3 (24.7% less expensive than US average; 39.8% less than NY average). Western NY city (Lucille Ball), very affordable. CARTS. When planning your budget based on a salary from Ring Precision Components, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $950+ A significant portion of Ring Precision Components salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,860 - $2,960+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ring Precision Components

1. What is the typical salary range (low to high) for most roles at Ring Precision Components?

The typical annual salary range for most roles at Ring Precision Components is approximately from $84,469 to $108,428. 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. How much does Ring Precision Components pay compared to Medical Device?

The average annual salary at Ring Precision Components is $95,923, or an hourly wage of $46, in comparison to Medical Device which pays $99,710 per year or $48 per hour.

3. Do salaries differ significantly between departments at Ring Precision Components?

Yes, salaries often differ between departments at Ring Precision Components 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. How does experience level affect salary at Ring Precision Components?

Experience level is a significant factor in determining salary at Ring Precision Components, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Ring Precision Components in Jamestown is fair given the local cost of living?

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

6. Are the salaries listed for Ring Precision Components on Salary.com pre-tax or after-tax?

All salary figures displayed for Ring Precision Components, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.