Ferrofab Inc. Salary

How Much Does Ferrofab Inc. Pay for employees?

As of August 2026, the average monthly salary for employees at Ferrofab Inc. in the United States is $5,554. This translates to an approximate annual wage of $66,652. Salaries at Ferrofab Inc. typically range from $4,885 to $6,302 monthly, reflecting the diverse roles and experience levels within the company. Ferrofab 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 Ferrofab Inc. Pay for Different Roles?

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.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

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.

Turn Insight into Opportunity: Current Job Openings

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About Ferrofab Inc.: Company Profile

Website
www.ferro-fab.com
Founded In
2012
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
HAMLET
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Ferrofab Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company's lean manufacturing approach eliminates waste and improves quality. A very professional company that offers stability and growth. It’s a dependable workplace that helps you improve your skills every day. I appreciate the company's focus on continuous improvement, not just in our products but in our processes and work environment.
The company offers reliable employment with standard benefits, but communication and collaboration between departments can be uneven. This job delivers stability and clarity in expectations. Production goals are challenging but fair, and there’s a real focus on hitting quality metrics. Safety protocols are enforced but sometimes inconsistently applied. There’s not much flexibility in how work is d...
I’ve enjoyed the challenges and support provided here. It’s a rewarding environment for those seeking career development. Managers are often on the floor, talking to employees and understanding the day-to-day operations.

Is Ferrofab Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Ferrofab Inc.’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Ferrofab Inc.
MFG Durable
FALCON STEEL FABRICATOR INC
FRITZ STRUCTURAL STEEL INC
Industry Comparison
Our data shows that, on average, compensation at Ferrofab Inc. is below the average for the U.S. MFG Durable industry by approximately 45%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Ferrofab Inc. average annual salary with several similar companies. Ferrofab Inc. average salary of $66,652 is lower than FALCON STEEL FABRICATOR INC, which has an average salary of $75,917. It is lower than FRITZ STRUCTURAL STEEL INC, with their average salary at $67,135. This places Ferrofab 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.

What Is the Cost of Living Near Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Ferrofab Inc..
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Ferrofab Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Ferrofab Inc. salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Ferrofab Inc.

FAQ 1: What is the typical salary range (low to high) for most roles at Ferrofab Inc.?
The typical annual salary range for most roles at Ferrofab Inc. is approximately from $58,617 to $75,625. 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.
FAQ 2: How much does Ferrofab Inc. pay compared to FALCON STEEL FABRICATOR INC?
The average annual salary at Ferrofab Inc. is $66,652, or an hourly wage of $32, in comparison to FALCON STEEL FABRICATOR INC which pays $75,917 per year or $36 per hour.
FAQ 3: How does experience level affect salary at Ferrofab Inc.?
Experience level is a significant factor in determining salary at Ferrofab 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.
FAQ 4: How can I determine if a salary offer from Ferrofab Inc. in Charlotte is fair given the local cost of living?
To determine if a salary offer from Ferrofab Inc. in Charlotte is fair, first compare the gross salary to our data for similar roles at Ferrofab Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Charlotte" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Ferrofab Inc. differ from the ranges shown here?
An individual's actual salary at Ferrofab Inc. can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.