Thermo-Craft Engineering Corp Salary

As of April 2026, the average annual salary for employees at Thermo-Craft Engineering Corp in the United States is $101,978. This translates to an approximate hourly wage of $49. Salaries at Thermo-Craft Engineering Corp typically range from $89,793 to $115,110 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Thermo-Craft Engineering Corp

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Is Thermo-Craft Engineering Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Thermo-Craft Engineering Corp'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
RBW Companies $90,017
-11.7%
Normalized for lower cost-of-living zones where RBW Companies primarily operates.
Columbus Engineering Inc $84,289
-17.3%
Reflects market rates for standard general contracting, differing from specialized roles.
K-2 Manufacturing LLC $89,953
-11.8%
K-2 Manufacturing LLC focuses strategically on recruiting and training entry-level apprentices.
Gilson Screen Inc $86,114
-15.6%
Gilson Screen Inc likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $121,746
+19.4%
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 Thermo-Craft Engineering Corp

Considering a career at Thermo-Craft Engineering Corp? 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 provides ongoing training and opportunities for lateral moves, so you’re always learning. I feel respected and valued for my contributions, and the leadership team is transparent and communicative about the company's direction. The company prioritizes innovation and continuous improvement. The company maintains a culture of safety, quality, and efficiency, supported by modern technolog...
It’s a great balance of professionalism, teamwork, and innovation throughout. Leadership maintains an open-door policy, valuing input from all levels. Adequate for stability, less ideal for growth. There’s a consistent focus on quality over quantity, which I appreciate. Safety training goes beyond minimum requirements, creating genuine culture of care.
Leadership is visible but doesn’t always follow through quickly on suggestions or feedback. I was impressed with the detailed safety protocols and welcoming environment. It's rewarding to work for a manufacturer that combines technical excellence with such strong employee-focused values. Their visionary guidance, strategic insight, and genuine enthusiasm are a true inspiration to all of us. The fl...
Management is transparent and approachable, offering ongoing training and professional growth opportunities. Managers give helpful feedback, and colleagues support each other. Recognition programs celebrate hard work regularly. This manufacturing company is committed to employee safety and professional growth.

Thermo-Craft Engineering Corp Overview

Website
www.thermocraftengineering.com
Founded In
1969
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
701 Western Ave Lynn Massachusetts MA 01905
Revenue
$5 Million - $10 Million
Phone Number
+1 7815994023
Social Media
About Thermo-Craft Engineering Corp
Thermo-Craft Engineering utilizes the most sophisticated machinery in its manufacturing process including CNC milling and turning machines. In addition, Thermo-Craft offers the services of its highly positioned and qualified engineers in both the actual manufacturing process and the supervision. Our manufacturing versatility, along with our qualified engineering staff, allows us to be a unique and

What Benefits Does Thermo-Craft Engineering Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Thermo-Craft Engineering Corp 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 Lynn?

Understanding the cost of living near Lynn is key to truly evaluating a salary offer or your current compensation at Thermo-Craft Engineering Corp.
Lynn's Cost of Living Index is approximately 123.6 (23.6% more expensive than US average; 6.8% less than MA average). North Shore city, more affordable than Boston but housing is rising. MBTA bus/Commuter Rail, Ferry. When planning your budget based on a salary from Thermo-Craft Engineering Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,500+ A significant portion of Thermo-Craft Engineering Corp salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA pass varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,210 - $4,930+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Thermo-Craft Engineering Corp

1. What is the estimated average total compensation at Thermo-Craft Engineering Corp?

Salary.com estimates that the average total compensation package at Thermo-Craft Engineering Corp, which can include base salary, potential bonuses, and benefits, is around $101,978 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Thermo-Craft Engineering Corp pay compared to RBW Companies?

The average annual salary at Thermo-Craft Engineering Corp is $101,978, or an hourly wage of $49, in comparison to RBW Companies which pays $90,017 per year or $43 per hour.

3. Do salaries differ significantly between departments at Thermo-Craft Engineering Corp?

Yes, salaries often differ between departments at Thermo-Craft Engineering Corp 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 Thermo-Craft Engineering Corp?

Salary progression from an entry-level to a senior role at Thermo-Craft Engineering Corp 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 Thermo-Craft Engineering Corp in Lynn is fair given the local cost of living?

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

6. Are promotions at Thermo-Craft Engineering Corp usually accompanied by a significant salary increase?

Yes, promotions at Thermo-Craft Engineering Corp 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.