Where is Spence Industries located?

Spence Industries is headquartered in Orofino, Idaho, but may have operations in other locations within the MFG Durable sector.

What does Spence Industries do?

According to the company's overview, Spence Industries is a company that operates in the Machinery industry.

What industry is Spence Industries in?

Spence Industries operates in the MFG Durable industry.

Spence Industries Average Salary, Pay Ranges & Benefits

Spence Industries Salary

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Salary at Spence Industries

Current Job Openings at Spence Industries

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Is Spence Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Spence Industries'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
htmlLaz Industries LLC	$86,726	-2.9%	Suggests htmlLaz Industries LLC utilizes a highly similar base-plus-benefits compensation model.
Skyhook Industries LLC	$86,641	-3.0%	Skyhook Industries LLC focuses strategically on recruiting and training entry-level apprentices.
Uptown Industries	$84,310	-5.6%	Reflects market rates for standard general contracting, differing from specialized roles.
Maki Industries LLC	$88,856	-0.5%	Confirms Maki Industries LLC is a direct competitor vying for the exact same talent pool.
MFG Durable Industry	$121,746	+36.3%	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.

How Spence Industries's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Spence Industries. Click a company name to learn more.

htmlLaz Industries LLC

$86,726 / year

Salary Range: $76,351 - $97,929

Garden City, ID

Skyhook Industries LLC

$86,641 / year

Salary Range: $76,277 - $97,832

Ola, ID

Uptown Industries

$84,310 / year

Salary Range: $74,225 - $95,198

Idaho Falls, ID

Maki Industries LLC

$88,856 / year

Salary Range: $78,229 - $100,331

Kingston, ID

Buff Brite Industries

$86,029 / year

Salary Range: $75,746 - $97,149

Boise, ID

Jubilee Industries

$88,213 / year

Salary Range: $77,661 - $99,600

Kooskia, ID

Rymick Industries Inc

$86,103 / year

Salary Range: $75,801 - $97,222

Boise, ID

Federation Series on Coatings Technology

$101,124 / year

Salary Range: $89,024 - $114,184

Blue Bell, PA

Zhejiang Marco Valve Co Ltd

$95,175 / year

Salary Range: $83,782 - $107,465

Sugar Land, TX

Employee Reviews: Working at Spence Industries

Considering a career at Spence Industries? 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.

Facilities are designed with worker comfort in mind, including good ventilation and noise control measures. The benefits package includes health insurance, retirement plans, and wellness initiatives. Schedules sometimes change with short notice. Leadership encourages open dialogue and invests in employee training and career advancement. Work is steady and predictable. Safety standards exceed indus...

Commented in March 28, 2025

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They don’t just sit in offices — they walk the floor and check in regularly. Management is present, and it is somehow responsive to feedback. Schedules are predictable, and overtime opportunities are fair. There’s room to take initiative and suggest process improvements. Production quotas are challenging but achievable thanks to smart process engineering.

Commented in March 13, 2025

41

1

This company offers a great balance of structure and flexibility. Even when the workload is high, the team pulls together. The company takes pride in its product, and it shows in every detail. If you’re someone who prefers routine over challenge, it’s a reasonable place to work.

Commented in March 24, 2024

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What Benefits Does Spence Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spence Industries 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Boise?

Understanding the cost of living near Boise is key to truly evaluating a salary offer or your current compensation at Spence Industries.

Boise's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.6% more than ID average). Rapidly growing, housing costs have significantly increased. Valley Regional Transit. When planning your budget based on a salary from Spence Industries, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,300 - $1,900+	A significant portion of Spence Industries salary. Location choices impact this heavily.
Utilities (Basic)	$110 - $200	Electricity, Heating, Cooling, Water etc.
Public Transportation	$45 (VRT monthly 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	$380 - $700+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$370 - $680+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,605 - $4,075+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spence Industries

1. What is the average salary for employees at Spence Industries?

The average annual total compensation for employees at Spence Industries is approximately $89,320. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,641 to $100,856, depending on factors like job role, experience, and location.

2. How much does Spence Industries pay compared to htmlLaz Industries LLC?

The average annual salary at Spence Industries is $89,320, or an hourly wage of $43, in comparison to htmlLaz Industries LLC which pays $86,726 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Spence Industries?

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 Spence Industries for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Spence Industries offer cost-of-living adjustments (COLA) for employees in high-cost areas like Boise?

While some companies offer formal COLA, many, including potentially Spence Industries, 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 Spence Industries?

Most companies, likely including Spence Industries, 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.