SPI Products Inc Salary

As of October 2026, the average annual salary for employees at SPI Products Inc in the United States is $86,588. This translates to an approximate hourly wage of $42. Salaries at SPI Products Inc typically range from $76,268 to $97,710 annually, reflecting the diverse roles and experience levels within the company.

How Much Does SPI Products Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at SPI Products Inc. Based on our data, the highest paying job is the Chief Financial Officer, with an annual salary of $349,450. The table below outlines the annual salary ranges for most popular roles within the company.
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Is SPI Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does SPI Products Inc'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
Gemeinhardt Musical Instruments LLC $83,055
-4.1%
Gemeinhardt Musical Instruments LLC likely leverages performance bonuses over the high base salary shown here.
Hollywood Sound Systems $101,809
+17.6%
Data suggests Hollywood Sound Systems's workforce skews heavily towards veteran, high-tenure roles.
Fiber Energy Products $81,779
-5.6%
Normalized for lower cost-of-living zones where Fiber Energy Products primarily operates.
The Mellen Company Inc $90,829
+4.9%
Influenced by prevailing union wage agreements specific to The Mellen Company Inc's sector.
MFG Durable Industry $121,746
+40.6%
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 SPI Products Inc

Considering a career at SPI Products Inc? 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.
While the work is particularly exciting, it’s steady and dependable. What stands out is the structured training process and continued mentorship. Management is fair and provides the necessary resources and support to get the job done effectively and safely. The culture is professional but sometimes bureaucratic, with resistance to rapid change and innovation. A very professional and organized comp...
This adaptability allows for much better management of creative energy and personal commitments, promoting a healthier and more sustainable work-life integration for all. across multiple facilities, there's a strong culture of safety, quality and teamwork. The benefits are reasonable, and the work is rarely overwhelming. Reliable hours and overtime opportunities are great for those looking to incr...
Recognition programs boost morale, making it a rewarding place to work and grow professionally. Communication between departments sometimes lacks clarity. It’s a great balance of professionalism, teamwork, and innovation throughout. You’re encouraged to ask questions and take initiative.

SPI Products Inc Overview

Website
www.spiproducts.com
Founded In
1997
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
11405 Pennsylvania St Carmel Indiana IN 46032
Revenue
$5 Million - $10 Million
Phone Number
+1 7312864211
Social Media
About SPI Products Inc
SPI Products is an established investment firm focused on specialty plastic companies. ur companies produce a wide variety of products servicing many industries across the globe. SPI Products is engaged in the acquisition or controlling interest in well-managed, historically profitable specialty plastic businesses. We use our expertise in marketing,acquisitions and financing to collaborate with ma

What Benefits Does SPI Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. SPI Products Inc 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 Carmel?

Understanding the cost of living near Carmel is key to truly evaluating a salary offer or your current compensation at SPI Products Inc.
Carmel's Cost of Living Index is approximately 108.8 (8.8% more expensive than US average; 20.1% more than IN average). Affluent Indianapolis suburb, excellent schools, high housing costs. IndyGo access. When planning your budget based on a salary from SPI Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of SPI Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation IndyGo access (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,900 - $4,670+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SPI Products Inc

1. What is the estimated average total compensation at SPI Products Inc?

Salary.com estimates that the average total compensation package at SPI Products Inc, which can include base salary, potential bonuses, and benefits, is around $86,588 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does SPI Products Inc pay compared to Gemeinhardt Musical Instruments LLC?

The average annual salary at SPI Products Inc is $86,588, or an hourly wage of $42, in comparison to Gemeinhardt Musical Instruments LLC which pays $83,055 per year or $40 per hour.

3. Do salaries differ significantly between departments at SPI Products Inc?

Yes, salaries often differ between departments at SPI Products Inc 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 SPI Products Inc?

Salary progression from an entry-level to a senior role at SPI Products Inc 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 SPI Products Inc in Carmel is fair given the local cost of living?

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

6. Are promotions at SPI Products Inc usually accompanied by a significant salary increase?

Yes, promotions at SPI Products Inc 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.