Speed-Tech Equipment Salary

As of July 2026, the average annual salary for employees at Speed-Tech Equipment in the United States is $94,573. This translates to an approximate hourly wage of $45. Salaries at Speed-Tech Equipment typically range from $83,113 to $107,075 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Speed-Tech Equipment

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Is Speed-Tech Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Speed-Tech Equipment'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
Goodspeed Metals Group LLC $96,567
+2.1%
Indicates identical technical requirements and experience levels between the two firms.
Us Sbm Representatives Sales Group John M Fluke Mfg Co Inc $107,674
+13.9%
Data suggests Us Sbm Representatives Sales Group John M Fluke Mfg Co Inc's workforce skews heavily towards veteran, high-tenure roles.
Catalina Confetti Inc $109,045
+15.3%
Reflects structural premiums typical of Catalina Confetti Inc's large-cap national operations.
Chemplex Advanced Materials LLC $89,373
-5.5%
Chemplex Advanced Materials LLC likely leverages performance bonuses over the high base salary shown here.
Retail & Wholesale Industry $123,318
+30.4%
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 Speed-Tech Equipment

Considering a career at Speed-Tech Equipment? 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.
I’ve had opportunities to develop new skills and feel appreciated. The company invests in employee development. There are occasional training sessions to help with skill development. Working here has been a fantastic experience. I appreciate the open communication and teamwork here.
The leadership team is approachable, and there’s a strong sense of teamwork. Management truly listens to employee feedback and makes improvements. The work environment is energetic yet balanced. The Retail industry can be demanding, but the team works well together. The retail discounts are a nice perk. The company fosters innovation and teamwork.
Coworkers are supportive, and there’s a strong sense of teamwork. Convenient location and flexible shifts. The bonuses and incentives are a nice touch too. Colleagues are helpful, and the workload is predictable. The work environment here is energetic and collaborative.

Speed-Tech Equipment Overview

Website
www.speedtechequipment.com
Founded In
1994
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
3364 Quincy St Hudsonville Michigan MI 49426
Revenue
$10 Million - $50 Million
Phone Number
+1 6166692142
Social Media
About Speed-Tech Equipment
Speed-Tech Equipment, a Division of SPEED WRENCH, is well positioned in the waste industry and has been servicing and installing compactors and balers for the past 25 years. Our facility located at 3364 Quincy St., Suite C, which is by the corner of 32nd and Quincy in Hudsonville. Speed-Tech Equipment has 17 mobile service trucks on the road every day servicing your equipment. We also have 3 parts

What Benefits Does Speed-Tech Equipment Offer Beyond Salary?

A competitive compensation package is more than just a salary. Speed-Tech Equipment 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Speed-Tech Equipment.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Speed-Tech Equipment, 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 Speed-Tech Equipment salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Speed-Tech Equipment

1. How much does Speed-Tech Equipment in the United States pay?

Speed-Tech Equipment pays its employees an average of $94,573 per year. The average salary at Speed-Tech Equipment range from $83,113 to $107,075 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. Do Speed-Tech Equipment employees get a higher salary than its peer company?

The salary at Speed-Tech Equipment is lesser than its peer company. The average annual salary at Speed-Tech Equipment is $94,573, or an hourly wage of $45, in comparison to Goodspeed Metals Group LLC which pays $96,567 per year or $46 per hour.

3. What are the highest paying jobs at Speed-Tech Equipment?

The higher-paying job at Speed-Tech Equipment, according to our data, include Chief Operating Officer (avg. $427,067 per year), Service Manager (avg. $130,407 per year), and Sales Representative (avg. $88,534 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Speed-Tech Equipment?

Salary progression with years of experience at Speed-Tech Equipment is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Speed-Tech Equipment vary by office location?

Yes, it's very likely that salaries at Speed-Tech Equipment vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Grand Rapids section provides more context.

6. Does Speed-Tech Equipment offer good benefits?

Speed-Tech Equipment typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Speed-Tech Equipment" section on this page.