| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Fennell Industries LLC | $93,402 |
+0.6%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Mumford Metal Casting | $92,073 |
-0.9%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Nmc-wollard | $89,278 |
-3.9%
|
Nmc-wollard operates with a leaner overhead structure, impacting base wage offers. |
| Mid Valley Industries LLC | $91,578 |
-1.4%
|
Confirms Mid Valley Industries LLC is a direct competitor vying for the exact same talent pool. |
| MFG Durable Industry | $121,746 |
+31.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$93,402 / year
Salary Range: $82,234 - $105,465
Rochester, NY
$92,073 / year
Salary Range: $81,051 - $103,953
Milwaukee, WI
$89,278 / year
Salary Range: $78,596 - $100,831
Eau Claire, WI
$91,578 / year
Salary Range: $80,612 - $103,429
Kaukauna, WI
$92,506 / year
Salary Range: $81,427 - $104,465
Milwaukee, WI
$93,086 / year
Salary Range: $81,949 - $105,136
Fort Atkinson, WI
$90,882 / year
Salary Range: $80,007 - $102,612
Fort Worth, TX
$91,272 / year
Salary Range: $80,355 - $103,063
Austin, TX
$96,841 / year
Salary Range: $85,257 - $109,355
Novi, MI
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,400+ | A significant portion of Strattec Component Solutions salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $72 (MCTS monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,292 - $3,582+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Strattec Component Solutions pays its employees an average of $92,865 per year. The average salary at Strattec Component Solutions range from $81,748 to $104,855 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.
The salary at Strattec Component Solutions is lesser than the similar company. The average annual salary at Strattec Component Solutions is $92,865, or an hourly wage of $45, in comparison to Fennell Industries LLC which pays $93,402 per year or $45 per hour.
In many roles at Strattec Component Solutions, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). This significantly impacts the purchasing power of a salary from Strattec Component Solutions based there. Our "Cost of Living Insights for Milwaukee" module details this impact, helping you assess the 'real feel' value of your compensation.
Strattec Component Solutions generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Strattec Component Solutions" section on this page.
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