Fay Industries Inc Salary

How much does the Fay Industries Inc Pay for employees?

As of October 2026, the average annual salary for employees at Fay Industries Inc in the United States is $93,740. This translates to an approximate hourly wage of $45. Salaries at Fay Industries Inc typically range from $82,417 to $106,063 annually, reflecting the diverse roles and experience levels within the company. Fay 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 Fay Industries Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Fay 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.
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Current Job Openings at Fay Industries Inc

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

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

How does Fay 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
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Average Salary ($/year)
Fay Industries Inc
Retail & Wholesale
Balise Subaru
Steadfast Bridge Co
Industry Comparison
Our data shows that, on average, compensation at Fay Industries Inc is below the average for the U.S. Retail & Wholesale industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Fay Industries Inc average annual salary with several similar companies. Fay Industries Inc average salary of $93,740 is lower than Balise Subaru, which has an average salary of $100,543. It is higher than Steadfast Bridge Co, with their average salary at $84,215. This places Fay 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.

Employee Reviews: Working at Fay Industries Inc

Considering a career at Fay 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.
Overall, it’s a great place to build a career if you’re motivated and enjoy a dynamic environment. The workload is reasonable, though advancement opportunities could be more structured. Overall, it’s a fantastic place to grow your career while feeling valued. Management is supportive and provides clear guidance, which helps in career growth.
The company has a strong reputation, and employees are treated fairly. The training programs are thorough, and new hires receive proper onboarding. Management is understanding, and there’s a strong sense of teamwork among staff. The office environment is clean and organized, which makes day-to-day tasks smoother. The company culture is welcoming and inclusive.
Management is accessible, and the work environment is collaborative. I’ve been able to grow my skills through various projects and mentorship programs. The work environment is energetic yet balanced.
The culture is welcoming, and management is supportive of new ideas. A great place to work if you enjoy the retail industry. The benefits package is robust, and the company promotes from within. Employee recognition programs are a nice touch. I enjoy the dynamic nature of the job. The company values employee input and often implements suggestions. Workload is consistent, and supervisors provide ad...
The wholesale operations are efficient, and managers are open to feedback. The benefits are solid, and the team is motivated. Management is supportive, and the work-life balance is excellent. I’ve been with this company for three years and love the culture.

Fay Industries Inc Overview

Website
www.fayindustries.com
Founded In
1974
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
17200 Foltz Pkwy Strongsville Ohio OH 44149
Revenue
$10 Million - $50 Million
Phone Number
+1 4405725030
Social Media
About Fay Industries Inc
Fay Industries, Inc. was founded in 1974 by Jack Notarianni. Richard Schnaterbeck, Jack's brother-in-law, joined soon thereafter. Together they quickly earned reputations as honorable businessmen and loyal employers. Their business model is simple: take care of your customers and employees and they will take care of you. This simple, but powerful motto resonates strongly throughout our company tod

What Benefits Does Fay Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fay 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)
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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 Fay Industries 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 Fay Industries 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 Fay Industries 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 Fay Industries Inc

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

The average annual total compensation for employees at Fay Industries Inc is approximately $93,740. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,417 to $106,063, depending on factors like job role, experience, and location.

2. How much does Fay Industries Inc pay compared to Balise Subaru?

The average annual salary at Fay Industries Inc is $93,740, or an hourly wage of $45, in comparison to Balise Subaru which pays $100,543 per year or $48 per hour.

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

The lowest-paying job at Fay Industries Inc is an Inside Sales with a salary of $46,971 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 Fay 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 Fay Industries Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

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

Most companies, likely including Fay 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.