Safety Latch Manufacturing Inc Salary

As of August 2026, the average annual salary for employees at Safety Latch Manufacturing Inc in the United States is $101,387. This translates to an approximate hourly wage of $49. Salaries at Safety Latch Manufacturing Inc typically range from $89,262 to $114,476 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Safety Latch Manufacturing Inc

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Is Safety Latch Manufacturing Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Safety Latch Manufacturing 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
Ilco Electronic Locking Systems $102,126
+0.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Alumina SA $84,954
-16.2%
Alumina SA focuses strategically on recruiting and training entry-level apprentices.
KanexPro Ltd $98,887
-2.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Clement Industries LLC $85,913
-15.3%
Typical compensation structure for smaller regional agencies like Clement Industries LLC.
MFG Durable Industry $121,746
+20.1%
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 Safety Latch Manufacturing Inc

Considering a career at Safety Latch Manufacturing 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.
For life sciences companies needing contract manufacturing, they offer rare combination of regulatory expertise and operational excellence. Management is fair and consistent in their decisions. The company's evident, consistent, and ongoing commitment to ensuring employee satisfaction within all our creative departments is truly wonderful and highly appreciated. The emphasis on lean manufacturing ...
There are real opportunities to learn new skills and grow within the organization. This shared goal creates a strong sense of unity. They ensure we have the right training and tools to do our jobs effectively and safely. Regular training and a focus on continuous improvement mean we're always getting better at what we do. Training is effective, and advancement is possible for those who show initia...
Expectations are reasonable, and pay is fair. It’s a place where you can feel secure in your role and proud of the products you help create. Recognition programs motivate and reward hard work consistently.
A very supportive place to work, with clear career paths and goals for every employee. Leadership maintains open communication and provides feedback regularly, fostering transparency. Training was helpful but mostly informal. Communication is clear but sometimes inconsistent. The emphasis on safety and efficiency keeps morale high.

Safety Latch Manufacturing Inc Overview

Website
Data pending, update soon.
Founded In
1997
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
407 Brookside Rd Waterbury Connecticut CT 06708
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Safety Latch Manufacturing Inc
Safety Latch Manufacturing Inc is a company that operates in the Machinery industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Waterbury, Connecticut.

What Benefits Does Safety Latch Manufacturing Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Safety Latch Manufacturing 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 Waterbury?

Understanding the cost of living near Waterbury is key to truly evaluating a salary offer or your current compensation at Safety Latch Manufacturing Inc.
Waterbury's Cost of Living Index is approximately 96.5 (3.5% less expensive than US average; 10.4% less than CT average). 'Brass City', more affordable housing than coastal CT. CTtransit, Metro-North branch. When planning your budget based on a salary from Safety Latch Manufacturing Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Safety Latch Manufacturing Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,313 - $3,673+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Safety Latch Manufacturing Inc

1. What is the average salary for employees at Safety Latch Manufacturing Inc?

The average annual total compensation for employees at Safety Latch Manufacturing Inc is approximately $101,387. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,262 to $114,476, depending on factors like job role, experience, and location.

2. How much does Safety Latch Manufacturing Inc pay compared to Ilco Electronic Locking Systems?

The average annual salary at Safety Latch Manufacturing Inc is $101,387, or an hourly wage of $49, in comparison to Ilco Electronic Locking Systems which pays $102,126 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at Safety Latch Manufacturing Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Safety Latch Manufacturing Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Safety Latch Manufacturing Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Waterbury?

While some companies offer formal COLA, many, including potentially Safety Latch Manufacturing Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Safety Latch Manufacturing Inc?

Most companies, likely including Safety Latch Manufacturing Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.