Velvac Inc Salary

How Much Does Velvac Inc Pay?BETA

As of December 2024, the average annual salary for employees at Velvac Inc in the United States is $94,942. This translates to an approximate hourly wage of $46. Salaries at Velvac Inc typically range from $83,571 to $107,258 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Velvac Inc, A Chief Executive Officer is among the highest earners, with an average salary of approximately $734,939 per year. Conversely, the lowest-paid position is Packer, earning around $29,545 annually. Explore this page further for more salary and benefits information at Velvac Inc.

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.

How Much Does Velvac Inc Pay for Different Roles?BETA

At Velvac Inc, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Chief Executive Officer positions at Velvac Inc offer the highest average annual salary of $734,939, while Packer roles have an average annual salary of $29,545.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Chief Executive Officer $562,853 - $925,383 $734,939 Velvac Inc
Chief Engineer $223,544 - $277,893 $249,693 Velvac Inc
Director, Quality $159,215 - $186,661 $173,218 Velvac Inc
Plant Manager $147,523 - $188,900 $169,048 Velvac Inc
Director, Sales & Marketing $147,586 - $180,357 $163,282 Velvac Inc
Director, Human Resources $141,677 - $174,537 $158,408 Velvac Inc
Senior Program Manager, Product $145,109 - $169,403 $157,941 Velvac Inc
Assistant Controller $129,102 - $162,092 $145,155 Velvac Inc
Head of Engineer $128,772 - $150,837 $139,788 Velvac Inc
Product Manager $125,304 - $149,089 $133,391 Velvac Inc
Program Manager $113,837 - $146,433 $130,542 Velvac Inc
Programs Manager, Products $113,837 - $146,433 $130,542 Velvac Inc
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.
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Velvac Inc Overview

Website:
velvac.com
Size:
100 - 200 Employees
Industry:
MFG Durable
Revenue:
$10M - $50M
About:
Founded in 1934, Velvac provides medium and heavy duty commercial vehicle products. The Company offers mirrors, vision systems, back up alarms, fittings, hardware, hose support, accessories, and electrical and fuel system products. The company is headquartered in New Berlin, Wisconsin.

Most Common Benefits for Velvac Inc

Aside from the base salary, Velvac Inc offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Velvac Inc

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Velvac Inc ’s peer companies.
Global Liners Inc Tucker, GA $83,929 - $107,709 Company Salary Range $95,354 Average Company Salary
Syncro Corp Arab, AL $79,228 - $101,685 Company Salary Range $90,017 Average Company Salary
Centrisys Corp Kenosha, WI $82,279 - $105,599 Company Salary Range $93,476 Average Company Salary
Wilson-Hurd Mfg Co Wausau, WI $79,814 - $102,441 Company Salary Range $90,681 Average Company Salary
Tekra Corp New Berlin, WI $84,167 - $108,014 Company Salary Range $95,618 Average Company Salary
GS Global Resources Inc Mukwonago, WI $84,112 - $107,940 Company Salary Range $95,554 Average Company Salary
Yadro Moscow, TX $82,307 - $105,624 Company Salary Range $93,508 Average Company Salary
Semrock Inc Rochester, NY $82,976 - $106,489 Company Salary Range $94,267 Average Company Salary
Micro Motors Inc Clearwater, FL $81,757 - $104,929 Company Salary Range $92,886 Average Company Salary
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FAQs About Velvac Inc Company

1. How much does Velvac Inc in the United States pay?

Velvac Inc pays its employees an average of $94,942 per year. The average salary at Velvac Inc range from $83,571 to $107,258 per year. Chief Executive Officer jobs at Velvac Inc earn the most with an average annual salary of $734,939, while Packer jobs earn the least with an average annual salary of $29,545.

2. Do Velvac Inc employees get a higher salary than other similar companies?

The salary at Velvac Inc is lesser than Tekra Corp. The highest salary package reported for an employee at Velvac Inc is $107,258 per year, meanwhile the highest salary package reported for an employee at Tekra Corp is $108,014 per year.

3. How much does Velvac Inc pay compared to Tekra Corp?

The average annual salary at Velvac Inc is $94,942, or an hourly wage of $46, in comparison to Tekra Corp which pays $95,618 per year or $46 per hour.

4. Which job skills can boost a Senior Program Manager, Product salary at Velvac Inc?

Product Management, Analysis and Leadership are key to a Senior Program Manager, Product job at Velvac Inc. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Velvac Inc.

5. What is the lowest salary at Velvac Inc?

The lowest paying job at Velvac Inc is Packer with an annual salary of $29,545 or an hourly rate of $46.