Mechanical Engineer Salary at Svm Lp BETA

How much does a Svm Lp Mechanical Engineer make?

As of April 2025, the average annual salary for a Mechanical Engineer at Svm Lp is $96,008, which translates to approximately $46 per hour. Salaries for Mechanical Engineer at Svm Lp typically range from $88,592 to $103,523, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
svmcards.com
Size:
<25 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Founded in 1997, SVM provides innovative gift card solutions for businesses. SVMs products are used by incentive, reward and loyalty programs and thousands of small businesses to incent and reward their customers, employees, and prospects. The company is based in Arlington Heights, IL.

See similar companies related to Svm Lp

What Skills Does a person Need at Svm Lp?

At Svm Lp, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Mechanical Engineering: Mechanical engineering is the discipline that applies engineering, physics, engineering mathematics, and materials science principles to design, analyze, manufacture, and maintain mechanical systems. It is one of the oldest and broadest of the engineering disciplines. The mechanical engineering field requires an understanding of core areas including mechanics, dynamics, thermodynamics, materials science, structural analysis, and electricity. In addition to these core principles, mechanical engineers use tools such as computer-aided design (CAD), computer-aided manufacturing (CAM), and product life cycle management to design and analyze manufacturing plants, industrial equipment and machinery, heating and cooling systems, transport systems, aircraft, watercraft, robotics, medical devices, weapons, and others. It is the branch of engineering that involves the design, production, and operation of machinery.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. HVAC: Designing, developing, maintaining, and updating Heating, Ventilation, Air-conditioning and Cooling system.
  4. CAD: Computer-aided design is the use of computers to aid in the creation, modification, analysis, or optimization of a design. This software is used to increase the productivity of the designer
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Related Jobs

Aegis Worldwide
Chicago , IL

Join Our Team as a Mechanical Project Engineer! Are you passionate about mechanical design and eager to work on innovative packaging automation solutions? We’re looking for a skilled Mechanical Project Engineer to help us design electromechanical equipment for the food and beverage industry and beyond. What We’re Looking For: Bachelor’s degree in Mechanical Engineering or Machine Design 1+ years of experience in a manufacturing environment (internship experience counts!) Proficiency with CAD tools (SolidWorks or Unigraphics NX preferred) A hands-on mindset and a willingness to work both in the office and on the shop floor. Strong problem-solving skills and the ability to manage multiple projects simultaneously. Nice to Have: Experience with FEA or analysis tools within 3D modeling software. Background in packaging machinery or automotive industries. Why You’ll Love Working Here: Career Growth – With significant investment in engineering and product development, we provide ample opportu


Sponsored
4/5/2025 12:00:00 AM
Addison Group
Itasca , IL

A growing manufacturer of security products is seeking a Mechanical Engineer to join its engineering team. This role focuses on new product development, design, and manufacturing engineering. The ideal candidate has 2-4 years of experience and a hands-on approach to engineering. Responsibilities Design, develop, and test mechanical security products Collaborate with cross-functional teams on product development Optimize cost, quality, and manufacturability Create technical drawings and documentation Perform structural analysis and load calculations Qualifications Bachelor’s degree in Mechanical Engineering or equivalent 2-4 years of experience in design and manufacturing engineering Proficiency in AutoCAD, Inventor, or similar software Experience with structural engineering and construction drawings Hands-on experience with prototyping and testing


Sponsored
4/4/2025 12:00:00 AM
Engtal
Naperville , IL

Are you looking for a rewarding career opportunity with a firm that cares about it's employees? Are you looking to work on interesting projects from concept to design & build? Would you like to utilise your engineering skills across projects of all sizes in the commercial, educational & industrial sectors? We're looking for a Senior Mechanical Engineer who enjoys working in a team on engineering projects for a national firm offering unique solutions to its customers. What You’ll Do: Lead mechanical engineering discussions and provide expert technical design support. Assist in developing schematic designs, construction documents, and specifications that align with project and client requirements. Drive the mechanical design process from concept development to construction documentation. Design mechanical HVAC system layouts, including equipment sizing and selection. Develop plumbing schematics, including air systems, fans, and ducting. Review and validate design calculations, drawings,


Sponsored
4/4/2025 12:00:00 AM
Insight Global
Itasca , IL

Title: Mechanical Engineer Location: Itasca, IL Duration: PERM Perm Salary: 110,000 - 125,000 Must-haves -6+ years experience in design engineering of building materials, construction, or related engineering products (New Product Development and Sustaining Initiatives) -Experience with rolling shutters, window treatments, door systems, or windows -Knowledge of extruded metals, heat treatment, hardware and other materials -Experience developing motorized mechanisms -Experience in mathematics, FEA, measurement tool and tolerancing Plusses: -Experience with structural engineering and construction drawings -Degree in Mechanical Engineering or technical degree -PE License Day-to-Day: Insight Global is seeking a Mechanical Engineer for a client of theirs Itasca, IL. This individual will contribute to the design and development of high-performance shutter systems and security related products. Will work closely with cross-functional teams, driving product innovation and cost-quality improveme


Sponsored
4/2/2025 12:00:00 AM
Signode
Roselle , IL

About Signode: With over $2B in revenue, 80+ manufacturing facilities across 6 continents and over 9,000 employees worldwide, Signode is a leading manufacturer of a broad spectrum of transit packaging consumables, tools, software, and equipment that optimize end-of-line packaging operations and protect products in transit. Signode brings this extensive product portfolio together under hundreds of trusted brands to offer complete transit packaging solutions to its customers. We produce strap, stretch and protective packaging. We also manufacture packaging tools and equipment used to apply the bulk packaging materials. These commercial packaging products are used to pack, bundle, unitize, protect, and secure goods during warehousing and transit. Our company is a pioneer in the industrial packaging sector with a long history of customer-focused innovations in materials, processes and automation technology that have revolutionized the sector. Headquartered in Tampa, Florida, we are proud t


Sponsored
4/2/2025 12:00:00 AM
Crane Payment Innovations
Mount Prospect , IL

**Mechanical Engineer** Location **IL, Mt. Prospect** Department **Supply Chain** Employment Type **Full Time** Have you ever used the self-checkout? Played the slots at a casino? Maybe you grabbled a drink for a vending machine or paid to park your car? If you answered with a resounding "YES", then you have done so with the aid of one of the 10 million devices installed by Crane Payment Innovations (CPI). We make the technology that powers your everyday life, enabling more than 4 billion transactions every week in more than 143 currencies worldwide. From cash and coins to cards and mobile, we keep the world of payments moving with smart validation devices and business management software. Headquartered in Malvern, PA, CPI is supported by more than 2500 global associates, 7 manufacturing sites, 12 corporate offices, and a national field service organization. If you want to have a hands-on global impact on payment solutions, we want you to join our team as a Hardware Engineer. This is a


Sponsored
4/2/2025 12:00:00 AM
Actalent
Glendale Heights , IL

Job Title: Mechanical EngineerJob Description We are seeking a skilled Mechanical Engineer with 5-7 years of experience in the electro-mechanical products industry to join our dynamic team. The ideal candidate will have a proven track record of delivering high-quality engineering solutions on time, with a strong focus on research and development, and new product implementation. Responsibilities + Develop and design electro-mechanical products using SolidWorks, ensuring all designs meet project specifications and quality standards. + Lead research and development initiatives to innovate and enhance product design. + Oversee the new product implementation process, guiding projects from concept to commercialization. + Create detailed engineering documentation, including design detailing, Engineering Change Notices (ECNs), and Bill of Materials (BOM). + Collaborate with cross-functional teams to streamline processes and improve product design efficiency. + Quickly learn and adapt to new pr


Sponsored
4/2/2025 12:00:00 AM
Sterling Engineering
Woodridge , IL

Mechanical Engineer – Custom Machine Design A great place to grow! Are you looking for an opportunity to apply your engineering expertise to design custom industrial equipment in a dynamic and innovative environment? We are seeking a Mechanical Engineer to join our growing team. This role offers the chance to work on exciting machine design projects, contribute to new process innovations, and be part of a company that values creativity, collaboration, and professional development. What You’ll Do: Lead the design and release of mechanical projects Apply sound engineering and machine design principles to develop custom-engineered equipment Create, modify, and update mechanical drawings and BOMs Analyze existing designs and recommend improvements Mentor other engineers and designers on best practices in machine design Conduct independent site inspections and supervise equipment installations Participate in brainstorming sessions and design reviews Ensure projects are delivered on time and


Sponsored
4/2/2025 12:00:00 AM

Check more jobs information at Svm Lp

Job Title Average Svm Lp Salary Hourly Rate
2 Accounts Receivable Coordinator $41,041 $20
3 Administrative Secretary $35,998 $17
4 Business Development Manager $116,144 $56
5 Business Development Specialist $91,324 $44
6 Customer Care Representative $36,961 $18
7 Customer Care Specialist $43,098 $21
8 Customer Service Representative $32,636 $16
9 Doctor $195,974 $94
10 Driver $30,494 $15
11 Graphic Designer $58,850 $28
12 Manager, Communications $105,850 $51
13 Manager, Implementation $122,718 $59

Hourly Pay at Svm Lp

The average hourly pay at Svm Lp for a Mechanical Engineer is $46 per hour. The location, department, and job description all have an impact on the typical compensation for Svm Lp positions. The pay range and total remuneration for the job title are shown in the table below. Svm Lp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $96,008 look to you?

FAQ about Salary and Jobs at Svm Lp

1. How much does Svm Lp pay per hour?
The average hourly pay is $46. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Svm Lp?
According to the data, the highest approximate salary is about $103,523 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Svm Lp?
According to the data, the lowest estimated salary is about $88,592 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.