| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Sam and Sons Truck | $93,234 |
+0.1%
|
Confirms Sam and Sons Truck is a direct competitor vying for the exact same talent pool. |
| Proper Mold & Engineering | $91,746 |
-1.5%
|
Suggests Proper Mold & Engineering utilizes a highly similar base-plus-benefits compensation model. |
| Glowlink Communications Technology Inc | $99,816 |
+7.1%
|
Reflects structural premiums typical of Glowlink Communications Technology Inc's large-cap national operations. |
| RJW Manufacturing Inc | $83,730 |
-10.1%
|
RJW Manufacturing Inc may offer non-monetary perks in lieu of competitive base salaries. |
| MFG Durable Industry | $121,746 |
+30.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$93,234 / year
Salary Range: $82,096 - $105,246
Houston, TX
$91,746 / year
Salary Range: $80,786 - $103,563
Warren, MI
$99,816 / year
Salary Range: $87,906 - $112,623
Herndon, VA
$83,730 / year
Salary Range: $73,730 - $94,503
Athens, AL
$99,953 / year
Salary Range: $88,007 - $112,818
Whitman, MA
$90,365 / year
Salary Range: $79,576 - $102,002
Akron,
$101,904 / year
Salary Range: $89,729 - $115,025
Rahway, NJ
$96,187 / year
Salary Range: $84,708 - $108,575
Chicago, IL
$101,039 / year
Salary Range: $88,978 - $114,050
Alexandria, VA
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) | $1,500 - $2,300+ | A significant portion of Speedraft salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $58 (TheRide monthly pass, free for UMich) | 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) | $2,978 - $4,728+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Speedraft is approximately $93,181. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,050 to $105,185, depending on factors like job role, experience, and location.
The average annual salary at Speedraft is $93,181, or an hourly wage of $45, in comparison to Sam and Sons Truck which pays $93,234 per year or $45 per hour.
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 Speedraft for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Speedraft, 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.
Most companies, likely including Speedraft, 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.
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