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Gems Equipment Co Inc Salary

Gems Equipment Co Inc Salary

How much does the Gems Equipment Co Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Gems Equipment Co Inc in the United States is $94,679. This translates to an approximate hourly wage of $46. Salaries at Gems Equipment Co Inc typically range from $83,242 to $107,099 annually, reflecting the diverse roles and experience levels within the company. Gems Equipment Co 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.
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Current Job Openings at Gems Equipment Co Inc

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Is Gems Equipment Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Gems Equipment Co 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
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Average Salary ($/year)
Gems Equipment Co Inc
Retail & Wholesale
Speed Alliance
Strosnider Chevrolet Inc
Industry Comparison
Our data shows that, on average, compensation at Gems Equipment Co Inc is below the average for the U.S. Retail & Wholesale industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Gems Equipment Co Inc average annual salary with several similar companies. Gems Equipment Co Inc average salary of $94,679 is lower than Speed Alliance, which has an average salary of $101,081. It is higher than Strosnider Chevrolet Inc, with their average salary at $91,019. This places Gems Equipment Co Inc in a mid-range position among its peers.
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How Gems Equipment Co Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Gems Equipment Co Inc

Considering a career at Gems Equipment Co 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.
I also appreciate the company’s commitment to diversity and inclusion—it’s refreshing to work in such an open-minded environment. Nothing extraordinary, but a solid place to work. There’s a good mix of autonomy and teamwork, allowing for both independent and collaborative work. There’s room for improvement in career advancement opportunities, but overall, it’s a decent place to work if you value s...
Commented in February 12, 2025
37
2
Team collaboration is a strength, and innovation is encouraged. Overall, it’s a rewarding place to build a career. Colleagues are professional, and the workload is manageable. The company also offers performance incentives. Opportunities for skill development are available. Everyone works together to achieve goals, and management is supportive. Enjoy my role here. The team here is collaborative an...
Commented in October 08, 2024
35
2
The team is cooperative, and tasks are clearly defined. Steady job with reasonable expectations. The Retail operations are well-managed, and job security is a plus. The retail discounts are a nice benefit, and the company promotes from within, which is motivating.
Commented in July 18, 2024
28
3
The Retail & Wholesale sector has its challenges, but the company handles them efficiently. The work-life balance is good, and the team feels like family. Managers are fair and provide constructive feedback. The work environment is dynamic yet supportive. Highly recommend for career-minded individuals.
Commented in March 23, 2024
42
2

Gems Equipment Co Inc Overview

Website
Data pending, update soon.
Founded In
1983
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
5185 Broadway Gary Indiana IN 46409
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Gems Equipment Co Inc
Gems Equipment Co Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Gary, Indiana.

What Benefits Does Gems Equipment Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gems Equipment Co 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 Gary?

Understanding the cost of living near Gary is key to truly evaluating a salary offer or your current compensation at Gems Equipment Co Inc.
Gary's Cost of Living Index is approximately 73.5 (26.5% less expensive than US average; 18.9% less than IN average). NW IN city, facing economic challenges, extremely affordable housing. GPTC, South Shore Line rail. When planning your budget based on a salary from Gems Equipment Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $600 - $950+ A significant portion of Gems Equipment Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation GPTC/South Shore (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,750 - $2,860+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gems Equipment Co Inc

1. How much does Gems Equipment Co Inc in the United States pay?

Gems Equipment Co Inc pays its employees an average of $94,679 per year. The average salary at Gems Equipment Co Inc range from $83,242 to $107,099 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. Do Gems Equipment Co Inc employees get a higher salary than its peer company?

The salary at Gems Equipment Co Inc is lesser than its peer company. The average annual salary at Gems Equipment Co Inc is $94,679, or an hourly wage of $46, in comparison to Speed Alliance which pays $101,081 per year or $49 per hour.

3. How much does salary increase with years of experience at Gems Equipment Co Inc?

Salary progression with years of experience at Gems Equipment Co Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Gems Equipment Co Inc vary by office location?

Yes, it's very likely that salaries at Gems Equipment Co Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Gary section provides more context.

5. Does Gems Equipment Co Inc offer good benefits?

Gems Equipment Co Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Gems Equipment Co Inc" section on this page.

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