Where is Waytech Machining Inc located?

Waytech Machining Inc is headquartered in Lakeville, Minnesota, but may have operations in other locations within the MFG Durable sector.

What does Waytech Machining Inc do?

According to the company's overview, Waytech Machining Inc is a company that operates in the Machinery industry.

What industry is Waytech Machining Inc in?

Waytech Machining Inc operates in the MFG Durable industry.

Waytech Machining Inc Average Salary, Pay Ranges & Benefits

Waytech Machining Inc Salary

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Salary at Waytech Machining Inc

Current Job Openings at Waytech Machining Inc

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Is Waytech Machining Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Waytech Machining 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
Oak Ridge Machining Inc	$84,880	-11.8%	Oak Ridge Machining Inc may offer non-monetary perks in lieu of competitive base salaries.
Engineering & Machining	$95,428	-0.8%	Confirms Engineering & Machining is a direct competitor vying for the exact same talent pool.
Rite Machining	$92,590	-3.8%	Typical compensation structure for smaller regional agencies like Rite Machining.
D&E Machining Inc	$78,150	-18.8%	D&E Machining Inc operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry	$121,746	+26.5%	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 Waytech Machining Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Waytech Machining Inc. Click a company name to learn more.

Oak Ridge Machining Inc

$84,880 / year

Salary Range: $74,747 - $95,820

Minnesota City, MN

Engineering & Machining

$95,428 / year

Salary Range: $84,030 - $107,709

Saint Paul, MN

Rite Machining

$92,590 / year

Salary Range: $81,528 - $104,514

Elk River, MN

D&E Machining Inc

$78,150 / year

Salary Range: $68,818 - $88,211

Thief River Falls, MN

TURNING CNC SPECIALISTS Inc

$97,231 / year

Salary Range: $85,624 - $109,757

Minneapolis, MN

Precise Machining LLC

$94,679 / year

Salary Range: $83,370 - $106,867

Forest Lake, MN

Penn Dixie Industries Inc

$86,546 / year

Salary Range: $76,213 - $97,685

Raleigh, NC

Westbrook Milling Co

$87,928 / year

Salary Range: $77,432 - $99,258

Springfield, MN

Precision Statistics Consltng Inc

$96,029 / year

Salary Range: $84,561 - $108,404

Saint Paul, MN

Employee Reviews: Working at Waytech Machining Inc

Considering a career at Waytech Machining 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.

Employees are dedicated, but management changes affect stability. The team delivers exceptional quality in every batch produced. Facilities are clean, well-lit, and climate-controlled, creating a comfortable work environment. The HR team made onboarding smooth, and my supervisor is approachable and communicative. It suits employees who value routine and predictability over rapid change.

Commented in February 25, 2025

46

0

Flexible work schedules help employees balance their personal and professional lives. The focus on producing quality work is high, but the pressure is never overwhelming. It’s a decent introduction to manufacturing, and it is somehow in-depth. I never feel lost in the shuffle. It's a place where you feel like more than just a number.

Commented in September 09, 2024

45

0

A place where everyone knows their role and helps others succeed. Work can be repetitive, with occasional high-pressure periods during peak production. The facility is well-maintained and safe for workers. Supervisors are polite but rarely offer praise.

Commented in July 27, 2024

44

1

The company culture is excellent, promoting collaboration and open communication across all departments. Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. This manufacturing firm excels at blending tradition with innovation. Processes are rigid. Training is provided but and it can be tailored to individual needs. We meet production goals tha...

Commented in May 12, 2024

46

3

Working at this manufacturer has been a career highlight. Those who show initiative and reliability are quickly noticed and rewarded. It’s reassuring to work for a company whose leadership not only understands the complexities of large-scale production but also empowers its workforce. Safety standards are clearly followed, and the facility is clean. I appreciate the strong safety culture and clean...

Commented in March 27, 2024

36

1

What Benefits Does Waytech Machining Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Waytech Machining 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Waytech Machining Inc.

Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Waytech Machining Inc, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,500 - $2,200+	A significant portion of Waytech Machining Inc salary. Location choices impact this heavily.
Utilities (Basic)	$120 - $210	Electricity, Heating, Cooling, Water etc.
Public Transportation	$85 (MVTA monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $640	Can be higher with more dining out or specialty stores.
Personal & Leisure	$400 - $750+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$390 - $720+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,925 - $4,525+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Waytech Machining Inc

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

Waytech Machining Inc pays its employees an average of $96,240 per year. The average salary at Waytech Machining Inc range from $84,754 to $108,635 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. Do Waytech Machining Inc employees get a higher salary than its peer company?

The salary at Waytech Machining Inc is higher than its peer company. The average annual salary at Waytech Machining Inc is $96,240, or an hourly wage of $46, in comparison to Oak Ridge Machining Inc which pays $84,880 per year or $41 per hour.

3. How much does salary increase with years of experience at Waytech Machining Inc?

Salary progression with years of experience at Waytech Machining Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Waytech Machining Inc vary by office location?

Yes, it's very likely that salaries at Waytech Machining Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Lakeville section provides more context.

5. Does Waytech Machining Inc offer good benefits?

Waytech Machining Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Waytech Machining Inc" section on this page.