Vela Gear Systems LLC Salary

Vela Gear Systems LLC Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average annual salary for employees at Vela Gear Systems LLC in the United States is $82,274. This translates to an approximate hourly wage of $40. Salaries at Vela Gear Systems LLC typically range from $72,465 to $92,844 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Vela Gear Systems LLC

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

Is Vela Gear Systems LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Vela Gear Systems LLC'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
Megawall Inc $86,462
+5.1%
Supported by Megawall Inc's high-margin contracts allowing higher overhead.
Alloy Hardfacing $93,740
+13.9%
Reflects structural premiums typical of Alloy Hardfacing's large-cap national operations.
Elevator Industries Inc $93,708
+13.9%
Reflects a supply-demand imbalance for the specific talent Elevator Industries Inc targets.
Copper State Rubber $91,008
+10.6%
Influenced by prevailing union wage agreements specific to Copper State Rubber's sector.
MFG Durable Industry $121,746
+48.0%
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 Vela Gear Systems LLC's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Vela Gear Systems LLC. Click a company name to learn more.

Employee Reviews: Working at Vela Gear Systems LLC

Considering a career at Vela Gear Systems LLC? 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.
Promotion paths are available but competitive. What stands out is the structured training process and continued mentorship. It's a strong, dependable place to work in the manufacturing field. Things run smoothly, but new ideas are often to implement.
Commented in April 24, 2025
19
0
Overtime may be required during busy periods, leading to occasional fatigue. Shift work takes adjustment. They clearly invest in maintaining a good workspace, which reflects their respect for the employees and the work we do. Management is approachable, and coworkers are always willing to help.
Commented in April 23, 2025
49
0
There are clear systems in place, and everyone knows their role. Safety is emphasized, but innovation seems limited. The company promotes from within and supports career growth. Training covers the basics, but more technical instruction would help new hires adjust faster. Benefits are competitive, including comprehensive health coverage and retirement plans.
Commented in January 22, 2025
37
0

Vela Gear Systems LLC Overview

Website
www.velagear.com
Founded In
2008
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2450 Fuson Rd Muncie Indiana IN 47302
Revenue
$5 Million - $10 Million
Phone Number
+1 3172247831
Social Media
About Vela Gear Systems LLC
Vela Gear Systems manufactures and repairs gears for multiple industrial niches. The company was founded in 2008 and officially launched in 2015 in Muncie, IN, with the ultimate goal of revolutionizing American manufacturing processes. Here at Vela Gear Systems, we offer a one-stop-shop solution to the heavy gears manufacturing process. rom melting steel ingots into gear wheels, to precision cutti

What Benefits Does Vela Gear Systems LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Vela Gear Systems LLC 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)
Work at Vela Gear Systems LLC?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Muncie?

Understanding the cost of living near Muncie is key to truly evaluating a salary offer or your current compensation at Vela Gear Systems LLC.
Muncie's Cost of Living Index is approximately 75.3 (24.7% less expensive than US average; 16.9% less than IN average). Home to Ball State University, very affordable housing. MITS bus. When planning your budget based on a salary from Vela Gear Systems LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Vela Gear Systems LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (MITS monthly pass) 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) $1,760 - $2,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Vela Gear Systems LLC

1. How much does a Vela Gear Systems LLC employee make?

Vela Gear Systems LLC pays its employees an average of $82,274 per year. The average salary at Vela Gear Systems LLC range from $72,465 to $92,844 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.

2. Which similar company tend to pay more or less than Vela Gear Systems LLC?

The salary at Vela Gear Systems LLC is lesser than the similar company. The average annual salary at Vela Gear Systems LLC is $82,274, or an hourly wage of $40, in comparison to Megawall Inc which pays $86,462 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Vela Gear Systems LLC?

In many roles at Vela Gear Systems LLC, 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.

4. How does the cost of living near Muncie affect the perceived value of a Vela Gear Systems LLC salary?

Muncie's Cost of Living Index is approximately 75.3 (24.7% less expensive than US average; 16.9% less than IN average). This significantly impacts the purchasing power of a salary from Vela Gear Systems LLC based there. Our "Cost of Living Insights for Muncie" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Vela Gear Systems LLC typically offer employees?

Vela Gear Systems LLC 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 Vela Gear Systems LLC" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning