Where is Teran Machinery Inc located?

Teran Machinery Inc is headquartered in Highland, Indiana, but may have operations in other locations within the Retail & Wholesale sector.

What does Teran Machinery Inc do?

According to the company's overview, Teran Machinery Inc is a company that operates in the Machinery industry.

What industry is Teran Machinery Inc in?

Teran Machinery Inc operates in the Retail & Wholesale industry.

Teran Machinery Inc Average Salary, Pay Ranges & Benefits

Teran Machinery Inc Salary

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Salary at Teran Machinery Inc

Current Job Openings at Teran Machinery Inc

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Is Teran Machinery Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Teran Machinery 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
Apex Cipp Solutions LLC	$85,734	-4.3%	Apex Cipp Solutions LLC focuses strategically on recruiting and training entry-level apprentices.
Milestone Beverages	$88,930	-0.8%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
Arrive Nutrition Center	$106,672	+19.0%	Adjusted for higher cost-of-living indices in Arrive Nutrition Center's primary metro hubs.
Broadway Furniture Group	$109,931	+22.7%	Reflects structural premiums typical of Broadway Furniture Group's large-cap national operations.
Retail & Wholesale Industry	$123,318	+37.6%	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.

How Teran Machinery Inc's Salaries Compare to Similar Companies?

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

Apex Cipp Solutions LLC

$85,734 / year

Salary Range: $75,407 - $96,954

Venice, FL

Milestone Beverages

$88,930 / year

Salary Range: $78,211 - $100,563

Hong Kong,

Arrive Nutrition Center

$106,672 / year

Salary Range: $93,816 - $120,634

Hayward, CA

Broadway Furniture Group

$109,931 / year

Salary Range: $96,675 - $124,305

New York City, NY

American Fastening Systems Inc

$96,609 / year

Salary Range: $84,964 - $109,245

Oxnard, CA

Island Seafood Transportation Inc

$103,718 / year

Salary Range: $91,214 - $117,281

Farmingdale, NY

AMP&M Specialties LLC

$83,582 / year

Salary Range: $73,510 - $94,515

Franklin, TN

Philip B Inc

$103,075 / year

Salary Range: $90,646 - $116,549

West Hollywood, CA

Cail Tool & Machinery Inc

$80,977 / year

Salary Range: $71,210 - $91,564

Midland, GA

Employee Reviews: Working at Teran Machinery Inc

Considering a career at Teran Machinery 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.

It’s a fantastic place to grow in the retail industry. I’ve developed both personally and professionally here. Coworkers are friendly, and management is fair. The company culture is welcoming, and there’s a strong emphasis on work-life balance. Flexible scheduling is a plus, and the company supports a healthy work-life balance.

Commented in March 09, 2025

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Company cares about staff. I’ve learned so much and feel valued as an employee. I appreciate the recognition for hard work and the opportunities for advancement. Training programs are solid. Overall, it’s a decent place to work. The workplace is modern, and the company stays updated with industry trends.

Commented in August 01, 2024

11

3

The company has a welcoming culture where employees feel valued. Benefits are standard, and the job security is a plus. Benefits are competitive, and the company culture fosters inclusivity. There are regular team-building activities that boost morale.

Commented in January 22, 2024

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What Benefits Does Teran Machinery Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Teran Machinery 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Gary?

Understanding the cost of living near Gary is key to truly evaluating a salary offer or your current compensation at Teran Machinery Inc.

Gary's Cost of Living Index is approximately 73.5 (26.5% less expensive than US average; 18.9% less than IN average). NW IN city, facing economic challenges, extremely affordable housing. GPTC, South Shore Line rail. When planning your budget based on a salary from Teran Machinery Inc, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$600 - $950+	A significant portion of Teran Machinery Inc salary. Location choices impact this heavily.
Utilities (Basic)	$170 - $270	Electricity, Heating, Cooling, Water etc.
Public Transportation	GPTC/South Shore (varies)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$350 - $520	Can be higher with more dining out or specialty stores.
Personal & Leisure	$250 - $500+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$330 - $620+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$1,750 - $2,860+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Teran Machinery Inc

1. What is the average salary for employees at Teran Machinery Inc?

The average annual total compensation for employees at Teran Machinery Inc is approximately $89,626. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,825 to $101,344, depending on factors like job role, experience, and location.

2. How much does Teran Machinery Inc pay compared to Apex Cipp Solutions LLC?

The average annual salary at Teran Machinery Inc is $89,626, or an hourly wage of $43, in comparison to Apex Cipp Solutions LLC which pays $85,734 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at Teran Machinery 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 Teran Machinery Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Teran Machinery Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Gary?

While some companies offer formal COLA, many, including potentially Teran Machinery 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 Teran Machinery Inc?

Most companies, likely including Teran Machinery 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.