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Hankscraft Inc Salary

Hankscraft Inc Salary

How much does the Hankscraft Inc Pay for employees?

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As of August 2026, the average weekly salary for employees at Hankscraft Inc in the United States is $1,896. This translates to an approximate annual wage of $98,571. Salaries at Hankscraft Inc typically range from $1,668 to $2,142 weekly, reflecting the diverse roles and experience levels within the company. Hankscraft 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 Hankscraft Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Hankscraft 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.
How accurate does the salary look to you?

Current Job Openings at Hankscraft Inc

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

Is Hankscraft Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hankscraft 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)
Hankscraft Inc
MFG Durable
Gdi
Pitco
Industry Comparison
Our data shows that, on average, compensation at Hankscraft Inc is below the average for the U.S. MFG Durable industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Hankscraft Inc average annual salary with several similar companies. Hankscraft Inc average salary of $98,571 is lower than Gdi, which has an average salary of $101,915. It is lower than Pitco, with their average salary at $106,872. This places Hankscraft Inc in a developing position among its peers.
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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.

How Hankscraft Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Hankscraft Inc

Considering a career at Hankscraft 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 schedule is consistent and easy to plan around. Workloads can fluctuate significantly during busy periods. Training is decent but basic. Others may crave more engagement.
Commented in May 15, 2025
45
1
While the work is particularly exciting, it’s steady and dependable. The company also offers career advancement paths through certifications and internal promotions. I feel like a valued member of a successful and caring organization. Customer satisfaction is a top priority throughout production. The leadership is visionary and highly effective. Career growth opportunities exist but are competitiv...
Commented in February 15, 2025
14
3
Cross-training opportunities allow employees to develop diverse skills across different production areas. I’ve found this manufacturing company to be a fantastic place to work. Management genuinely cares about its employees, fostering a supportive and respectful environment. Overtime is occasionally necessary during high production demands.
Commented in February 09, 2024
14
3

Hankscraft Inc Overview

Website
www.hankscraft.com
Founded In
1920
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
300 Wengel Dr Reedsburg Wisconsin WI 53959
Revenue
$50 Million - $200 Million
Phone Number
+1 6085244341
Social Media
About Hankscraft Inc
Founded in 1920, Hankscraft designs, engineers, and manufactures a range of electronic and electromechanical products for customers worldwide. The company is located in Reedsburg, Wisconsin.

What Benefits Does Hankscraft Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hankscraft 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 Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Hankscraft Inc.
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Hankscraft Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Hankscraft Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hankscraft Inc

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

The average annual total compensation for employees at Hankscraft Inc is approximately $98,571. However, this is an aggregate figure, actual salaries can range significantly, typically from $86,733 to $111,391, depending on factors like job role, experience, and location.

2. How much does Hankscraft Inc pay compared to Gdi?

The average annual salary at Hankscraft Inc is $98,571, or an hourly wage of $47, in comparison to Gdi which pays $101,915 per year or $49 per hour.

3. What is the lowest salary at Hankscraft Inc?

The lowest-paying job at Hankscraft Inc is a Designer and Engineer with a salary of $76,602 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 Hankscraft 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 Hankscraft Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

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

Most companies, likely including Hankscraft 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.

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