Owner and President Salary at Versa-Fab Inc BETA

How much does a Versa-Fab Inc Owner and President make?

As of December 2024, the average annual salary for an Owner and President at Versa-Fab Inc is $425,971, which translates to approximately $205 per hour. Salaries for Owner and President at Versa-Fab Inc typically range from $335,725 to $539,447, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

Versa-Fab Inc Overview

Website:
versafab.com
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
MFG Durable

Equipment - Versa-Fab implemented an equipment modernization program in recent years. Our latest addition was a class-leading 5'x10' Mitsubishi LVPlus 4,000w laser with complete material handling automation. Reinvestment in our equipment and a stringent preventive maintenance program have provided consistent uptime and improved asset utilization. This has benefitted the customer in shorter lead-times and consistent delivery performance. Please see the Capabilities page for a full listing of equipment. Quality Systems - Versa-Fab maintains a robust Quality Assurance system. Our First Article Inspection (FAI), Engineering Change Notice (ECN), and shop-floor Quality Control procedures are central to our QA program. We leverage our systems, advanced technology and equipment, and skilled labor force to ensure excellent quality products and services for our customers. Employees - Versa-Fab's office staff includes mechanical and electrical engineers for your design and engineering requirements. Our shop team is comprised of various skilled trades. Welders are certified to various AWS welding specifications. Machinists are required to have their journey papers, or are enrolled in school to achieve certification. Versa-Fab offers all employees an opportunity to continue their education through company-funded scholarship programs. Customer - For over 20 years Versa-Fab has been supporting customers throughout North America and Europe. We have provided products and engineering services to many industries including: power generation and distribution, transportation, electronics, defense, food handling systems, glass, steel, coal, heavy equipment, etc. We've designed and manufactured enclosures, conveyor systems, consoles, structural frames, machined parts, electrical control panels, etc. Versa-Fab has lasting partnerships with many customers, with our products installed in locations throughout the world. Suppliers - Versa-Fab is fortunate to have many first-rate suppliers supporting our operation. We view our suppliers ...

See similar companies related to Versa-Fab Inc

What Skills Does a person Need at Versa-Fab Inc?

At Versa-Fab Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Fundraising: Fundraising or fund-raising (also known as "development" or "advancement") is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises. Traditionally, fundraising consisted mostly of asking for donations on the street or at people's doors, and this is experiencing very strong growth in the form of face-to-face fundraising, but new forms of fundraising, such as online fundraising, have emerged in recent years, though these are often based on older methods such as grassroots fundraising.
  3. Assisted Living: Assisted living exemplifies the shift from "care as service" to "care as business" in the broader health care arena predicted more than three decades ago. A consumer-driven industry, assisted living offers a wide range of options, levels of care, and diversity of services (Lockhart, 2009) and is subject to state rather than federal regulatory oversight. "Assisted living" means depends on both the state and provider in question: variations in state regulatory definitions are significant and provider variables include everything from philosophy, geographic location and auspice, to organizational size and structure.
  4. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
  5. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

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Check more jobs information at Versa-Fab Inc

Job Title Average Versa-Fab Inc Salary Hourly Rate
2 Sheet Metal Worker $44,564 $21
3 Supervisor, Manufacturing $144,037 $69
4 Welder $47,786 $23
5 Office Manager $73,169 $35
6 CNC Machinist $52,521 $25
7 General Manager $127,843 $61

Hourly Pay at Versa-Fab Inc

The average hourly pay at Versa-Fab Inc for an Owner and President is $205 per hour. The location, department, and job description all have an impact on the typical compensation for Versa-Fab Inc positions. The pay range and total remuneration for the job title are shown in the table below. Versa-Fab Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $425,971 look to you?

FAQ about Salary and Jobs at Versa-Fab Inc

1. How much does Versa-Fab Inc pay per hour?
The average hourly pay is $205. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Versa-Fab Inc?
According to the data, the highest approximate salary is about $539,447 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Versa-Fab Inc?
According to the data, the lowest estimated salary is about $335,725 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.