Component Repair Technologies Inc Salary

How much does the Component Repair Technologies Inc Pay for employees?

As of September 2026, the average annual salary for employees at Component Repair Technologies Inc in the United States is $101,335. This translates to an approximate hourly wage of $49. Salaries at Component Repair Technologies Inc typically range from $89,161 to $114,513 annually, reflecting the diverse roles and experience levels within the company. Component Repair Technologies 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 Component Repair Technologies Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Component Repair Technologies 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 Component Repair Technologies Inc

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

Is Component Repair Technologies Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Component Repair Technologies 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
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Average Salary ($/year)
Component Repair Technologies Inc
MFG Durable
OTTO Engineering Inc
Sifco Asc LLC
Industry Comparison
Our data shows that, on average, compensation at Component Repair Technologies Inc is below the average for the U.S. MFG Durable industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Component Repair Technologies Inc average annual salary with several similar companies. Component Repair Technologies Inc average salary of $101,335 is lower than OTTO Engineering Inc, which has an average salary of $105,934. It is lower than Sifco Asc LLC, with their average salary at $102,316. This places Component Repair Technologies 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.

Employee Reviews: Working at Component Repair Technologies Inc

Considering a career at Component Repair Technologies 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.
Management understands the importance of personal time and tries to be flexible when possible. The use of advanced technology enhances efficiency and job satisfaction. The company fosters a strong culture of safety and teamwork, making it a secure and supportive place to work. It feels good to work for an organization that gives back and cares about more than just the bottom line, creating a sense...
Workload fluctuations can lead to stressful periods, especially during production peaks. Work schedules are predictable, with flexibility when needed. Team meetings are productive and keep everyone informed. Career growth opportunities are abundant, with clear paths from production roles to management.
We’re kept informed about company performance and future plans. Supportive leadership and hands-on training made onboarding smooth. The company's global reach means exposure to diverse manufacturing challenges and solutions. The work is challenging but rewarding, and there's a strong sense of accomplishment in seeing our products come to life. The benefits are great, and there's a real effort to e...
Work-life balance supported with flexible shifts. Flexible work schedules and safety initiatives enhance employee satisfaction. The leadership team fosters a culture of respect, and the shift schedules are stable. Benefits are strong, including healthcare, paid holidays, and retirement plans. It's a strong, dependable environment for anyone interested in stable, hands-on manufacturing work with gr...

Component Repair Technologies Inc Overview

Website
www.componentrepair.com
Founded In
1985
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
8507 Tyler Blvd Mentor Ohio OH 44060
Revenue
$50 Million - $200 Million
Phone Number
+1 4402551793
Social Media
About Component Repair Technologies Inc
Component Repair Technologies, founded in 1985 and headquartered in Mentor, Ohio, provides inspection and repair services for aircraft engine parts.

What Benefits Does Component Repair Technologies Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Component Repair Technologies 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Component Repair Technologies Inc.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Component Repair Technologies Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Component Repair Technologies Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Component Repair Technologies Inc

1. What is the average salary for employees at Component Repair Technologies Inc?

The average annual total compensation for employees at Component Repair Technologies Inc is approximately $101,335. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,161 to $114,513, depending on factors like job role, experience, and location.

2. How much does Component Repair Technologies Inc pay compared to OTTO Engineering Inc?

The average annual salary at Component Repair Technologies Inc is $101,335, or an hourly wage of $49, in comparison to OTTO Engineering Inc which pays $105,934 per year or $51 per hour.

3. What is the lowest salary at Component Repair Technologies Inc?

The lowest-paying job at Component Repair Technologies Inc is a Production Lead with a salary of $110,050 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Component Repair Technologies Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Component Repair Technologies Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Component Repair Technologies Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cleveland?

While some companies offer formal COLA, many, including potentially Component Repair Technologies Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Component Repair Technologies Inc?

Most companies, likely including Component Repair Technologies Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.