Spencer Pettus Gear Salary

As of August 2026, the average annual salary for employees at Spencer Pettus Gear in the United States is $87,443. This translates to an approximate hourly wage of $42. Salaries at Spencer Pettus Gear typically range from $77,019 to $98,673 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Spencer Pettus Gear

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Is Spencer Pettus Gear’s Pay Competitive? Salary Benchmarking Analysis

How does Spencer Pettus Gear'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
Simms Machinery International Inc $93,824
+7.3%
Supported by Simms Machinery International Inc's high-margin contracts allowing higher overhead.
Stewart Custom Cabinets Inc $86,937
-0.6%
Confirms Stewart Custom Cabinets Inc is a direct competitor vying for the exact same talent pool.
Indiana GEAR UP $82,675
-5.5%
Normalized for lower cost-of-living zones where Indiana GEAR UP primarily operates.
Helios Gear Products LLC $91,609
+4.8%
Reflects structural premiums typical of Helios Gear Products LLC's large-cap national operations.
MFG Durable Industry $121,746
+39.2%
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 Spencer Pettus Gear

Considering a career at Spencer Pettus Gear? 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.
Job stability is a real plus. A positive environment to grow professionally. You’re encouraged to ask questions and take initiative. This drive for improvement keeps the work interesting and ensures the company stays competitive in the long run. Reliable processes keep our manufacturing running smoothly with minimal downtime.
What I appreciate most is the stability and job security this company provides. However, the environment feels a bit disconnected at times. Safety standards are rigorous and consistently maintained, which creates a reassuring atmosphere. The workload is manageable, though breaks could be longer. Cross-training opportunities allow employees to develop diverse skills across different production area...
Coworkers are respectful, though collaboration is limited. The combination of skilled colleagues and visionary leadership creates an environment where quality and efficiency thrive. Career progression is possible but often dependent on seniority. Working in a modern and efficient environment makes the job more pleasant and boosts productivity.

Spencer Pettus Gear Overview

Website
www.spgear.com
Founded In
1954
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1312 Ramseur Rd Bessemer City North Carolina NC 28016
Revenue
<$5 Million
Phone Number
+1 7046294327
Social Media
About Spencer Pettus Gear
Spencer Pettus has been taking care of our customers for 64 years. We pride ourselves in servicing and treating our clients like family, understanding that when your equipment doesn't work, neither does your business. Whether gear-cutting, gearbox repair, custom gear cutting, industrial gearbox repair, general fabrication services or machining services, our customers have seen us work through the

What Benefits Does Spencer Pettus Gear Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spencer Pettus Gear 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 Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Spencer Pettus Gear.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Spencer Pettus Gear, 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 Spencer Pettus Gear salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS 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 $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spencer Pettus Gear

1. What is the estimated average total compensation at Spencer Pettus Gear?

Salary.com estimates that the average total compensation package at Spencer Pettus Gear, which can include base salary, potential bonuses, and benefits, is around $87,443 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Spencer Pettus Gear pay compared to Simms Machinery International Inc?

The average annual salary at Spencer Pettus Gear is $87,443, or an hourly wage of $42, in comparison to Simms Machinery International Inc which pays $93,824 per year or $45 per hour.

3. Do salaries differ significantly between departments at Spencer Pettus Gear?

Yes, salaries often differ between departments at Spencer Pettus Gear due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Spencer Pettus Gear?

Salary progression from an entry-level to a senior role at Spencer Pettus Gear can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Spencer Pettus Gear in Charlotte is fair given the local cost of living?

To determine if a salary offer from Spencer Pettus Gear in Charlotte is fair, first compare the gross salary to our data for similar roles at Spencer Pettus Gear and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Charlotte" to understand its purchasing power.

6. Are promotions at Spencer Pettus Gear usually accompanied by a significant salary increase?

Yes, promotions at Spencer Pettus Gear are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.