Carmel Engineering Inc Salary

Carmel Engineering Inc Salary

How much does the Carmel Engineering Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Carmel Engineering Inc in the United States is $84,300. This translates to an approximate hourly wage of $41. Salaries at Carmel Engineering Inc typically range from $74,087 to $95,369 annually, reflecting the diverse roles and experience levels within the company. Carmel Engineering Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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 Carmel Engineering Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Carmel Engineering Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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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Current Job Openings at Carmel Engineering Inc

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

Is Carmel Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Carmel Engineering Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Carmel Engineering Inc
Business Services
Vinson & Co
Invictus Partners Pty Ltd
Industry Comparison
Our data shows that, on average, compensation at Carmel Engineering Inc is below the average for the U.S. Business Services industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Carmel Engineering Inc average annual salary with several similar companies. Carmel Engineering Inc average salary of $84,300 is lower than Vinson & Co, which has an average salary of $101,134. It is lower than Invictus Partners Pty Ltd, with their average salary at $106,883. This places Carmel Engineering Inc in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Carmel Engineering Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Carmel Engineering Inc

Considering a career at Carmel Engineering 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.
Advancement is possible but generally performance-based. There's limited opportunity for lateral movement or creativity. My first week included a comprehensive orientation, assigned mentor, and gradual ramp-up of responsibilities.
Commented in April 30, 2025
34
1
Client focus is at the heart of everything we do, which is impressive for a company of this size. We’ve been working with them for years, and they consistently meet deadlines with high-quality work. This creates a much more pleasant and productive work environment where energy is spent on our clients and our work, not on navigating office drama. Management really invests in growth. Once operationa...
Commented in February 27, 2025
33
0
My experience here has been mixed. The work environment is diverse and inclusive, fostering collaboration and shared success. This balance is key to the company’s sustained success and the team's high morale. The management team is attentive, and there’s a strong effort to support employee well-being and development. Work-life balance is supported but may shift with project needs.
Commented in January 31, 2025
8
1

Carmel Engineering Inc Overview

Website
www.carmeleng.com
Founded In
1978
Employees
<25 employees
Industry
Business Services
Headquarter Address
413 E Madison St Kirklin Indiana IN 46050
Revenue
<$5 Million
Phone Number
+1 7652798955
Social Media
About Carmel Engineering Inc
Carmel Engineering designs, engineers and manufactures custom equipment and systems for diverse manufacturing industries. The company was founded in 1978 and is based in Kirklin, Indiana.

What Benefits Does Carmel Engineering Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Carmel Engineering 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Carmel Engineering Inc.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Carmel Engineering Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Carmel Engineering Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Carmel Engineering Inc

1. What is the typical salary range (low to high) for most roles at Carmel Engineering Inc?

The typical annual salary range for most roles at Carmel Engineering Inc is approximately from $74,087 to $95,369. 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 Carmel Engineering Inc pay compared to Vinson & Co?

The average annual salary at Carmel Engineering Inc is $84,300, or an hourly wage of $41, in comparison to Vinson & Co which pays $101,134 per year or $49 per hour.

3. How does experience level affect salary at Carmel Engineering Inc?

Experience level is a significant factor in determining salary at Carmel Engineering 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.

4. How can I determine if a salary offer from Carmel Engineering Inc in Indianapolis is fair given the local cost of living?

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

5. What factors influence salary increases at Carmel Engineering Inc?

Salary increases at Carmel Engineering Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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