Schwab Industries Inc Salary

As of October 2026, the average annual salary for employees at Schwab Industries Inc in the United States is $97,790. This translates to an approximate hourly wage of $47. Salaries at Schwab Industries Inc typically range from $86,073 to $110,465 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is Schwab Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Schwab Industries 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
Chore-Time $88,656
-9.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Avon Machining $96,293
-1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
RAYCONNECT Inc $98,972
+1.2%
Suggests RAYCONNECT Inc utilizes a highly similar base-plus-benefits compensation model.
Flow-Rite Controls Ltd $94,362
-3.5%
Flow-Rite Controls Ltd may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+24.5%
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 Schwab Industries Inc

Considering a career at Schwab Industries 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.
The onboarding process was fantastic. Employees are provided with the tools and training needed to succeed. What I appreciate most is how the company reinvests in both technology and people - it's clear they view employees as their most valuable asset in maintaining manufacturing excellence. There’s a strong emphasis on cross-functional teamwork, problem-solving, and knowledge sharing to optimize ...
Managers listen and lead with clarity and respect for everyone’s role. I’m consistently impressed by the company's commitment to its employees' professional journey. It’s a well-run operation with strong values and clear communication across all levels. There's a strong emphasis on professional development, with many resources available for learning new skills. Training was basic but effective, an...
Communication is mostly top-down with limited employee feedback channels. Workload can fluctuate, causing occasional stress during peak seasons. Timely deliveries support our tight schedules flawlessly. Everyone knows their role and executes it well.
Workflow processes work but sometimes lack flexibility. The maintenance team is responsive, minimizing equipment downtime. The emphasis on a clean, organized, and safe workplace is evident every day.

Schwab Industries Inc Overview

Website
www.schwabind.com
Founded In
1984
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
50850 Rizzo Dr Utica Michigan MI 48315
Revenue
$10 Million - $50 Million
Phone Number
+1 5865668090
Social Media
About Schwab Industries Inc
Established in 1984, Schwab Industries, Inc. is a premier supplier of tooling, stampings, gages, and fixtures for the aerospace, automotive, & consumer industries. We are proud to offer a unique mix of services; Schwab Industries is your one-stop tier one source. We are premier O.E.M and Tier 1 supplier to all major automotive & aerospace companies. Our customer list continues to grow daily. We ha

What Benefits Does Schwab Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schwab Industries 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)
Work at Schwab Industries Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Schwab Industries Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Schwab Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Schwab Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schwab Industries Inc

1. How much does a Schwab Industries Inc employee make?

Schwab Industries Inc pays its employees an average of $97,790 per year. The average salary at Schwab Industries Inc range from $86,073 to $110,465 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 Schwab Industries Inc?

The salary at Schwab Industries Inc is higher than the similar company. The average annual salary at Schwab Industries Inc is $97,790, or an hourly wage of $47, in comparison to Chore-Time which pays $88,656 per year or $43 per hour.

3. How much does a President typically earn at Schwab Industries Inc?

A President at Schwab Industries Inc typically earns an average annual base salary of around $756,984, with a general range of $579,702 to $953,052.

4. Do employees with advanced degrees (Master's, PhD) earn more at Schwab Industries Inc?

In many roles at Schwab Industries Inc, 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 Detroit affect the perceived value of a Schwab Industries Inc salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Schwab Industries Inc based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Schwab Industries Inc typically offer employees?

Schwab Industries Inc 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 Schwab Industries Inc" section on this page.