Timron Precision Gear Inc Salary

As of August 2026, the average annual salary for employees at Timron Precision Gear Inc in the United States is $92,822. This translates to an approximate hourly wage of $45. Salaries at Timron Precision Gear Inc typically range from $81,739 to $104,782 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Timron Precision Gear Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Timron Precision Gear Inc. Based on our data, the highest paying job is the President, with an annual salary of $718,527. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Timron Precision Gear Inc

Ready for your next career move? Explore current job openings at Timron Precision Gear Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Timron Precision Gear Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Timron Precision Gear 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
Baldwin Filters Inc $85,323
-8.1%
Baldwin Filters Inc likely leverages performance bonuses over the high base salary shown here.
REBB Industries $86,567
-6.7%
REBB Industries may offer non-monetary perks in lieu of competitive base salaries.
Lock Drives Inc $90,945
-2.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Circle Gear & Machine Company Inc $99,352
+7.0%
Reflects structural premiums typical of Circle Gear & Machine Company Inc's large-cap national operations.
MFG Durable Industry $121,746
+31.2%
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 Timron Precision Gear Inc

Considering a career at Timron Precision Gear 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.
Overall, it’s a rewarding and supportive workplace. What stands out is the investment in employee comfort - from ergonomic tools to climate-controlled workspaces. This openness builds trust and makes you feel like you're a part of something bigger, fostering a sense of inclusion and shared purpose. Most employees perform well, but turnover in some roles disrupts consistency. The company promotes a...
Flexible work schedules and shift options allow employees to balance their personal and professional lives effectively. Employees appreciate the job stability and benefits but face challenges with workload fluctuations and occasional unclear communication. One of the best places I’ve worked in manufacturing. Facilities are modern and well-maintained, with the latest manufacturing technologies. Wor...
Scheduling is predictable, and the pay is competitive with the industry. The production facilities are modern and well-maintained, with cutting-edge automation that enhances our work rather than replacing it. It’s a great place to grow in the manufacturing industry. Hard work gets recognized. Management actually listens to suggestions and acts on them.

Timron Precision Gear Inc Overview

Website
www.timrongear.com
Founded In
1989
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
19231 Industrial Blvd NW Elk River Minnesota MN 55330
Revenue
$5 Million - $10 Million
Phone Number
+1 7634413064
Social Media
About Timron Precision Gear Inc
TIMRON PRECISION GEAR was founded 1989 by Ron Fritz and Tim Corpe. The partners had been VPs at Summit Gear, Inc.-a recognized supplier of aerospace products and computer hardware to companies such as Boeing. When Summit's focus shifted away from the aerospace gear-related business and into general manufacturing, Ron and Tim saw a void to be filled. They rolled up their sleeves and dived into the

What Benefits Does Timron Precision Gear Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Timron Precision Gear 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Timron Precision Gear Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Timron Precision Gear Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Timron Precision Gear Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Timron Precision Gear Inc

1. What is the typical salary range (low to high) for most roles at Timron Precision Gear Inc?

The typical annual salary range for most roles at Timron Precision Gear Inc is approximately from $81,739 to $104,782. 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.

2. How much does Timron Precision Gear Inc pay compared to Baldwin Filters Inc?

The average annual salary at Timron Precision Gear Inc is $92,822, or an hourly wage of $45, in comparison to Baldwin Filters Inc which pays $85,323 per year or $41 per hour.

3. Do salaries differ significantly between departments at Timron Precision Gear Inc?

Yes, salaries often differ between departments at Timron Precision Gear Inc 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. How does experience level affect salary at Timron Precision Gear Inc?

Experience level is a significant factor in determining salary at Timron Precision Gear Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Timron Precision Gear Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Timron Precision Gear Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Timron Precision Gear Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. Why might an individual's actual salary at Timron Precision Gear Inc differ from the ranges shown here?

An individual's actual salary at Timron Precision Gear Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.