Hackett Precision Company Inc Salary

How much does the Hackett Precision Company Inc Pay for employees?

As of August 2026, the average annual salary for employees at Hackett Precision Company Inc in the United States is $97,052. This translates to an approximate hourly wage of $47. Salaries at Hackett Precision Company Inc typically range from $85,459 to $109,550 annually, reflecting the diverse roles and experience levels within the company. Hackett Precision Company 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 Hackett Precision Company Inc

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Is Hackett Precision Company Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hackett Precision Company 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)
Hackett Precision Company Inc
MFG Durable
Huaye
The Handy Kenlin Group
Industry Comparison
Our data shows that, on average, compensation at Hackett Precision Company Inc is below the average for the U.S. MFG Durable industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Hackett Precision Company Inc average annual salary with several similar companies. Hackett Precision Company Inc average salary of $97,052 is higher than Huaye, which has an average salary of $93,075. It is higher than The Handy Kenlin Group, with their average salary at $93,550. This places Hackett Precision Company Inc in a competitive position among its peers.
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Employee Reviews: Working at Hackett Precision Company Inc

Considering a career at Hackett Precision Company 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.
The workload is manageable, though breaks could be longer. Lean manufacturing principles improve efficiency and reduce waste. Communication can be inconsistent between shifts. The work atmosphere is professional, though sometimes rigid. The benefits package is comprehensive, with health coverage, paid time off, and retirement plans. This blend of respecting seasoned knowledge and embracing fresh p...
It’s not just about numbers; it’s about making a product we can all be proud of. Career progression opportunities are present. While the work is particularly exciting, it’s steady and dependable. It’s easier now to resolve issues quickly and ensure that production stays on track. The culture emphasizes teamwork, respect, and continuous improvement.
Opportunities for advancement are real—you’re promoted based on merit. Management is approachable, though feedback loops. The work atmosphere is positive and collaborative, and management truly listens to suggestions for improvement. I now feel confident in operating complex machinery. Workload increases seasonally, leading to occasional high pressure.
Structured onboarding and clear procedures help new hires succeed quickly. Shift work takes adjustment. Safety standards are rigorous and consistently maintained, which creates a reassuring atmosphere. This focus on excellence is instilled from the top down and makes the work feel meaningful and important to everyone involved. Employees who prefer stability may find this environment suitable, but ...

Hackett Precision Company Inc Overview

Website
Data pending, update soon.
Founded In
1989
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
70 W Madison St Chicago Illinois IL 60602
Revenue
$5 Million - $10 Million
Phone Number
+1 6152273136
Social Media
About Hackett Precision Company Inc
Hackett Precision Company 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 Chicago, Illinois.

What Benefits Does Hackett Precision Company Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hackett Precision Company 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 Hackett Precision Company 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 Hackett Precision Company 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 Hackett Precision Company 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 Hackett Precision Company Inc

1. What is the typical salary range (low to high) for most roles at Hackett Precision Company Inc?

The typical annual salary range for most roles at Hackett Precision Company Inc is approximately from $85,459 to $109,550. 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 Hackett Precision Company Inc pay compared to Huaye?

The average annual salary at Hackett Precision Company Inc is $97,052, or an hourly wage of $47, in comparison to Huaye which pays $93,075 per year or $45 per hour.

3. How does experience level affect salary at Hackett Precision Company Inc?

Experience level is a significant factor in determining salary at Hackett Precision Company 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.

4. How can I determine if a salary offer from Hackett Precision Company Inc in Chicago is fair given the local cost of living?

To determine if a salary offer from Hackett Precision Company Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Hackett Precision Company 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.

5. Are the salaries listed for Hackett Precision Company Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Hackett Precision Company Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.