Salary AI Book a Demo
Despatch Industries Inc Salary

Despatch Industries Inc Salary

How much does the Despatch Industries Inc Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at Despatch Industries Inc in the United States is $97,358. This translates to an approximate hourly wage of $47. Salaries at Despatch Industries Inc typically range from $85,734 to $109,928 annually, reflecting the diverse roles and experience levels within the company. Despatch Industries 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 Despatch Industries Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Despatch Industries 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.
How accurate does the salary look to you?

Current Job Openings at Despatch Industries Inc

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

Is Despatch Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Despatch Industries 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)
Despatch Industries Inc
MFG Durable
Process Heating
AbelConn LLC
Industry Comparison
Our data shows that, on average, compensation at Despatch Industries Inc is below the average for the U.S. MFG Durable industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Despatch Industries Inc average annual salary with several similar companies. Despatch Industries Inc average salary of $97,358 is higher than Process Heating, which has an average salary of $94,890. It is lower than AbelConn LLC, with their average salary at $97,369. This places Despatch Industries Inc in a mid-range 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 Despatch Industries Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Despatch Industries Inc

Considering a career at Despatch Industries 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.
Reliable equipment reduces unexpected breakdowns and delays. From planning to production, operations are efficient and well-coordinated. The company invests in both cutting-edge equipment and comprehensive employee training programs. Safety standards are good but could improve further.
Commented in April 26, 2025
14
0
Workload can fluctuate, causing occasional stress during peak seasons. Working at this manufacturer has been a career highlight. Training programs are thorough and designed to keep staff up to date with industry standards. My experience has been relatively uneventful. You’ll stay busy, but it’s not usually overwhelming unless someone is out. Excellent safety protocols and good training opportuniti...
Commented in April 19, 2025
24
1
I now feel confident in operating complex machinery. Knowing the long-term goals and how our work contributes to them is very motivating. Productivity and morale remain high. Most departments function well independently, but inter-department communication could improve.
Commented in February 20, 2024
35
2

Despatch Industries Inc Overview

Website
www.despatch.com
Founded In
1902
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
8860 207th St W Lakeville Minnesota MN 55044
Revenue
$10 Million - $50 Million
Phone Number
+1 9524695424
Social Media
About Despatch Industries Inc
Despatch Industries is a machinery company. It offers products such as benchtop & lab ovens, accessories & options, walk-in & truck-in ovens, conveyor ovens, and cabinet ovens. The company serves different markets such as electronics, healthcare, transportation, and industrial markets. It was established in 1902 and is based in Minneapolis, Minnesota. Despatch Industries is a division of Illinois

What Benefits Does Despatch Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Despatch Industries 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)
Work at Despatch Industries Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

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 Despatch Industries 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 Despatch Industries 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 Despatch Industries 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 Despatch Industries Inc

1. What is the average salary for employees at Despatch Industries Inc?

The average annual total compensation for employees at Despatch Industries Inc is approximately $97,358. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,734 to $109,928, depending on factors like job role, experience, and location.

2. How much does Despatch Industries Inc pay compared to Process Heating?

The average annual salary at Despatch Industries Inc is $97,358, or an hourly wage of $47, in comparison to Process Heating which pays $94,890 per year or $46 per hour.

3. What is the lowest salary at Despatch Industries Inc?

The lowest-paying job at Despatch Industries Inc is a Mechanical Engineer with a salary of $100,905 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 Despatch Industries 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 Despatch Industries Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Despatch Industries Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Lakeville?

While some companies offer formal COLA, many, including potentially Despatch Industries 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 Despatch Industries Inc?

Most companies, likely including Despatch Industries 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.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning