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STRAITS METALS Inc Salary

STRAITS METALS Inc Salary

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As of October 2026, the average annual salary for employees at STRAITS METALS Inc in the United States is $99,067. This translates to an approximate hourly wage of $48. Salaries at STRAITS METALS Inc typically range from $87,081 to $112,135 annually, reflecting the diverse roles and experience levels within the company.
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Is STRAITS METALS Inc’s Pay Competitive? Salary Benchmarking Analysis

How does STRAITS METALS 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
Cyprus Specialty Steel Co $103,740
+4.7%
Reflects a supply-demand imbalance for the specific talent Cyprus Specialty Steel Co targets.
Colbrook Steel Co Inc $102,221
+3.2%
Adjusted for higher cost-of-living indices in Colbrook Steel Co Inc's primary metro hubs.
East Metal North America LLC $104,699
+5.7%
Data suggests East Metal North America LLC's workforce skews heavily towards veteran, high-tenure roles.
Stainless LLC $104,362
+5.3%
Driven by niche technical certifications required for Stainless LLC's specialized projects.
Retail & Wholesale Industry $123,318
+24.5%
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 STRAITS METALS Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at STRAITS METALS Inc

Considering a career at STRAITS METALS 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.
The company offers a supportive environment with opportunities for growth. I’ve grown a lot since joining this company. What I appreciate most about this company is its commitment to employee well-being. The company also gives back to the community through charity partnerships, which makes me proud to work here. A company with growth opportunities.
Commented in April 13, 2025
39
0
It’s a stable job with standard wholesale operations. The role is straightforward with clear expectations. The office environment is modern, and remote work flexibility is a plus. Good benefits and fair pay.
Commented in November 09, 2024
45
3
The company culture is inclusive and motivating. It’s a stable workplace with a focus on steady progress rather than rapid changes. There’s a strong sense of community, with volunteer opportunities and social events. The company offers competitive salaries, great benefits, and a healthy work-life balance. The role offers consistency with clear expectations. A positive workplace with great leadersh...
Commented in October 16, 2024
46
2
A solid option in Retail & Wholesale. The Retail & Wholesale space is competitive, but this company stands out due to its ethical practices and employee-focused policies. Processes are structured, and expectations are clear.
Commented in January 24, 2024
23
2

STRAITS METALS Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
636 S Buckingham Ct Lake Forest Illinois IL 60045
Revenue
$10 Million - $50 Million
Phone Number
+1 8472830805
Social Media
About STRAITS METALS Inc
STRAITS METALS Inc is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Lake Forest, Illinois.

What Benefits Does STRAITS METALS Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. STRAITS METALS 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at STRAITS METALS Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from STRAITS METALS Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of STRAITS METALS Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) 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) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of STRAITS METALS Inc

1. What is the average salary for employees at STRAITS METALS Inc?

The average annual total compensation for employees at STRAITS METALS Inc is approximately $99,067. However, this is an aggregate figure, actual salaries can range significantly, typically from $87,081 to $112,135, depending on factors like job role, experience, and location.

2. How much does STRAITS METALS Inc pay compared to Cyprus Specialty Steel Co?

The average annual salary at STRAITS METALS Inc is $99,067, or an hourly wage of $48, in comparison to Cyprus Specialty Steel Co which pays $103,740 per year or $50 per hour.

3. How does having a professional certification impact salary for relevant roles at STRAITS METALS Inc?

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

4. Does STRAITS METALS Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially STRAITS METALS Inc, 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 STRAITS METALS Inc?

Most companies, likely including STRAITS METALS Inc, 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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