| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Schroeder Log Home Supply Inc | $82,728 |
-11.6%
|
Schroeder Log Home Supply Inc operates with a leaner overhead structure, impacting base wage offers. |
| Laser ISSE | $89,711 |
-4.2%
|
Laser ISSE may offer non-monetary perks in lieu of competitive base salaries. |
| Komplet SpA | $86,979 |
-7.1%
|
Komplet SpA focuses strategically on recruiting and training entry-level apprentices. |
| Above Board Rustic Wood Signs | $83,319 |
-11.0%
|
Above Board Rustic Wood Signs likely leverages performance bonuses over the high base salary shown here. |
| MFG Durable Industry | $121,746 |
+30.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$82,728 / year
Salary Range: $72,868 - $93,357
Grand Rapids, MN
$89,711 / year
Salary Range: $79,017 - $101,234
Wauconda, IL
$86,979 / year
Salary Range: $76,607 - $98,149
Crystal Lake, IL
$83,319 / year
Salary Range: $73,363 - $94,052
Lane, IL
$78,382 / year
Salary Range: $69,038 - $88,442
Bottingen, IL
$83,013 / year
Salary Range: $73,116 - $93,674
Safety Harbor, FL
$81,568 / year
Salary Range: $71,842 - $92,040
Canton, PA
$93,824 / year
Salary Range: $82,637 - $105,867
Boadilla Del Monte, NY
$94,183 / year
Salary Range: $82,957 - $106,282
New Hope, MN
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Schaffer Tool & Design 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. |
The typical annual salary range for most roles at Schaffer Tool & Design Inc is approximately from $82,444 to $105,624. 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.
The average annual salary at Schaffer Tool & Design Inc is $93,603, or an hourly wage of $45, in comparison to Schroeder Log Home Supply Inc which pays $82,728 per year or $40 per hour.
Experience level is a significant factor in determining salary at Schaffer Tool & Design Inc, 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.
To determine if a salary offer from Schaffer Tool & Design Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Schaffer Tool & Design Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
Salary increases at Schaffer Tool & Design Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning