Franklin Elevator Inc Salary

How much does the Franklin Elevator Inc Pay for employees?

As of August 2026, the average annual salary for employees at Franklin Elevator Inc in the United States is $83,118. This translates to an approximate hourly wage of $40. Salaries at Franklin Elevator Inc typically range from $73,107 to $93,991 annually, reflecting the diverse roles and experience levels within the company. Franklin Elevator 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 Franklin Elevator Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Franklin Elevator 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 Franklin Elevator Inc

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

Is Franklin Elevator Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Franklin Elevator 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)
Franklin Elevator Inc
Retail & Wholesale
Akola Ltd
Casa Spazio
Industry Comparison
Our data shows that, on average, compensation at Franklin Elevator Inc is below the average for the U.S. Retail & Wholesale industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Franklin Elevator Inc average annual salary with several similar companies. Franklin Elevator Inc average salary of $83,118 is lower than Akola Ltd, which has an average salary of $90,702. It is lower than Casa Spazio, with their average salary at $95,860. This places Franklin Elevator 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 Franklin Elevator Inc

Considering a career at Franklin Elevator 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.
While not overly innovative, the company maintains a steady workflow. A solid option in Retail & Wholesale. Work is consistent and predictable. The retail space is clean, and schedules are fair.
The Retail & Wholesale industry is fast-paced, but the company provides excellent training programs to help employees adapt. The company culture is positive, and employees are treated fairly. The company maintains a professional atmosphere. The training programs are excellent, and there are many chances to take on new challenges. I’ve had opportunities to take on new responsibilities, which has he...
Supportive environment for skill development. Communication from upper management is clear and consistent. The workload is manageable, and the team is cooperative.

Franklin Elevator Inc Overview

Website
www.franklinelevator.com
Founded In
1973
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
300 N Railroad St Franklin Illinois IL 62638
Revenue
<$5 Million
Phone Number
+1 2176752393
Social Media
About Franklin Elevator Inc
Franklin Elevator Inc is a company that operates in the Chemicals industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Franklin, Illinois.

What Benefits Does Franklin Elevator Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Franklin Elevator 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Franklin Elevator Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Franklin Elevator Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Franklin Elevator Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Franklin Elevator Inc

1. What is the typical salary range (low to high) for most roles at Franklin Elevator Inc?

The typical annual salary range for most roles at Franklin Elevator Inc is approximately from $73,107 to $93,991. 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. How much does Franklin Elevator Inc pay compared to Akola Ltd?

The average annual salary at Franklin Elevator Inc is $83,118, or an hourly wage of $40, in comparison to Akola Ltd which pays $90,702 per year or $44 per hour.

3. Do salaries differ significantly between departments at Franklin Elevator Inc?

Yes, salaries often differ between departments at Franklin Elevator Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Franklin Elevator Inc?

Experience level is a significant factor in determining salary at Franklin Elevator 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.

5. How can I determine if a salary offer from Franklin Elevator Inc in Chicago is fair given the local cost of living?

To determine if a salary offer from Franklin Elevator Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Franklin Elevator Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Why might an individual's actual salary at Franklin Elevator Inc differ from the ranges shown here?

An individual's actual salary at Franklin Elevator 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.