Spencer Forge Salary

Spencer Forge Salary

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As of April 2026, the average annual salary for employees at Spencer Forge in the United States is $84,859. This translates to an approximate hourly wage of $41. Salaries at Spencer Forge typically range from $74,747 to $95,759 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Spencer Forge

Ready for your next career move? Explore current job openings at Spencer Forge. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Spencer Forge’s Pay Competitive? Salary Benchmarking Analysis

How does Spencer Forge'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
REV RTC Technical Center $80,281
-5.4%
REV RTC Technical Center operates with a leaner overhead structure, impacting base wage offers.
Isenberg Bath Corp $86,399
+1.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Cyr Woodworking Inc $95,860
+13.0%
Data suggests Cyr Woodworking Inc's workforce skews heavily towards veteran, high-tenure roles.
Drillco Devices Ltd $107,315
+26.5%
Reflects a supply-demand imbalance for the specific talent Drillco Devices Ltd targets.
MFG Durable Industry $121,746
+43.5%
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.

How Spencer Forge's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Spencer Forge

Considering a career at Spencer Forge? 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.
This company truly values its people. This strong sense of community and mutual respect makes it a truly special place to work every day. I like that management walks the floor often and checks in with employees regularly. Employees receive steady pay and benefits but experience fluctuating workloads and occasional communication gaps.
Commented in April 16, 2025
30
1
We support each other and often share a laugh, making the workday more enjoyable. The sheer diversity of manufacturing processes and products at keeps every day interesting. Employees are provided with the tools and training needed to succeed. Beyond safety, the opportunities to contribute to process improvements and product innovation are always available, making the work both safe and stimulatin...
Commented in March 02, 2025
44
3
The emphasis on a clean, organized, and safe workplace is evident every day. A steady, unremarkable work environment that functions but rarely adapts. Morale is high thanks to fair treatment and achievable goals. If you’re someone who prefers routine over challenge, it’s a reasonable place to work. This forward-thinking approach, keeps us competitive and at the forefront of the global market.
Commented in January 29, 2025
37
0

Spencer Forge Overview

Website
www.spencerforge.com
Founded In
1986
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
225 N Main St Spencer Ohio OH 44275
Revenue
<$5 Million
Phone Number
+1 3306482461
Social Media
About Spencer Forge
Spencer Forge manufactures axle shafts, tie rods, torsion bars, and commercial forgings of the highest quality. Forging, Machining and Heat Treating Services.

What Benefits Does Spencer Forge Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spencer Forge 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Spencer Forge.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Spencer Forge, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Spencer Forge salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 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) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spencer Forge

1. How much does Spencer Forge in the United States pay?

Spencer Forge pays its employees an average of $84,859 per year. The average salary at Spencer Forge range from $74,747 to $95,759 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 Spencer Forge employees get a higher salary than its peer company?

The salary at Spencer Forge is higher than its peer company. The average annual salary at Spencer Forge is $84,859, or an hourly wage of $41, in comparison to REV RTC Technical Center which pays $80,281 per year or $39 per hour.

3. What are the highest paying jobs at Spencer Forge?

The higher-paying job at Spencer Forge, according to our data, include Chief Executive Officer (avg. $656,880 per year), Manager (Engineering) (avg. $116,603 per year), and Manager, Maintenance (avg. $112,538 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Spencer Forge?

Salary progression with years of experience at Spencer Forge 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 Spencer Forge vary by office location?

Yes, it's very likely that salaries at Spencer Forge 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 Cleveland section provides more context.

6. Does Spencer Forge offer good benefits?

Spencer Forge 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 Spencer Forge" section on this page.

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