Elektrim Motors Salary

How much does the Elektrim Motors Pay for employees?

As of August 2026, the average annual salary for employees at Elektrim Motors in the United States is $98,012. This translates to an approximate hourly wage of $47. Salaries at Elektrim Motors typically range from $86,284 to $110,684 annually, reflecting the diverse roles and experience levels within the company. Elektrim Motors’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 Elektrim Motors Pay for Different Roles?

Explore detailed salary information for specific jobs at Elektrim Motors. 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 Elektrim Motors

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

Is Elektrim Motors’s Pay Competitive? Salary Benchmarking Analysis

How does Elektrim Motors’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)
Elektrim Motors
MFG Durable
Orvito Inc
Palamatic Process Inc
Industry Comparison
Our data shows that, on average, compensation at Elektrim Motors is below the average for the U.S. MFG Durable industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Elektrim Motors average annual salary with several similar companies. Elektrim Motors average salary of $98,012 is lower than Orvito Inc, which has an average salary of $107,474. It is higher than Palamatic Process Inc, with their average salary at $95,459. This places Elektrim Motors 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.

Employee Reviews: Working at Elektrim Motors

Considering a career at Elektrim Motors? 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.
It’s reassuring to work for a company whose leadership not only understands the complexities of large-scale production but also empowers its workforce. There’s not much flexibility in how work is done. These initiatives, like health screenings or fitness challenges, are a great perk and contribute to a healthier, happier workforce, which I really appreciate. You always know what’s expected and hav...
Heading to occasional dissatisfaction among staff seeking more dynamic roles. It’s easier now to resolve issues quickly and ensure that production stays on track. What I appreciate most is the company's focus on continuous improvement - employee ideas regularly lead to process optimizations. Safety is a top priority, and protocols are taken seriously. Training is strong, safety is a priority, and ...
Leadership supports employee growth through regular training and mentoring programs. Most importantly, there’s a sense of pride in what we produce—high-quality goods that make a real difference. Benefits include healthcare, retirement options, and wellness programs.

Elektrim Motors Overview

Website
www.elektrimmotors.com
Founded In
1973
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
2015 Mitchell Blvd Schaumburg Illinois IL 60193
Revenue
$10 Million - $50 Million
Phone Number
+1 8475241074
Social Media
About Elektrim Motors
For over 40 years, Elektrim® Motors has designed and manufactured a full line of European engineered AC NEMA and Metric IEC electric motors up to 6300 HP, including Medium Voltage motors, in state-of-the-art ISO 9001 quality systems around the world. Our enthusiasm for electric motors and commitment to exacting standards mean that Elektrim motors are some of the finest, longest lasting and best pe

What Benefits Does Elektrim Motors Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elektrim Motors 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 Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Elektrim Motors.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Elektrim Motors, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Elektrim Motors salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elektrim Motors

1. How much does an Elektrim Motors employee make?

Elektrim Motors pays its employees an average of $98,012 per year. The average salary at Elektrim Motors range from $86,284 to $110,684 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. Which similar company tend to pay more or less than Elektrim Motors?

The salary at Elektrim Motors is lesser than the similar company. The average annual salary at Elektrim Motors is $98,012, or an hourly wage of $47, in comparison to Orvito Inc which pays $107,474 per year or $52 per hour.

3. How much does a Sales & Logistics Executive typically earn at Elektrim Motors?

A Sales & Logistics Executive at Elektrim Motors typically earns an average annual base salary of around $259,781, with a general range of $224,538 to $294,087.

4. Do employees with advanced degrees (Master's, PhD) earn more at Elektrim Motors?

In many roles at Elektrim Motors, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Schaumburg affect the perceived value of a Elektrim Motors salary?

Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). This significantly impacts the purchasing power of a salary from Elektrim Motors based there. Our "Cost of Living Insights for Schaumburg" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Elektrim Motors typically offer employees?

Elektrim Motors generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Elektrim Motors" section on this page.