Altech Industries Salary

How much does the Altech Industries Pay for employees?

As of August 2026, the average hourly salary for employees at Altech Industries in the United States is $46. This translates to an approximate annual wage of $96,250. Salaries at Altech Industries typically range from $41 to $52 hourly, reflecting the diverse roles and experience levels within the company. Altech Industries’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 Altech Industries

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Is Altech Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Altech Industries’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Altech Industries
MFG Durable
Or Equal Materials Co
OptoSigna
Industry Comparison
Our data shows that, on average, compensation at Altech Industries is below the average for the U.S. MFG Durable industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Altech Industries average annual salary with several similar companies. Altech Industries average salary of $96,250 is lower than Or Equal Materials Co, which has an average salary of $100,058. It is lower than OptoSigna, with their average salary at $113,307. This places Altech Industries in a developing position among its peers.
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Employee Reviews: Working at Altech Industries

Considering a career at Altech Industries? 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.
However, the environment feels a bit disconnected at times. Leadership is approachable and open to suggestions, which makes you feel heard. Leadership invests in training and development, encouraging career growth. Management fosters an open culture where ideas for process enhancements are welcomed and acted upon.
More importantly, the culture is incredibly positive; people are friendly, and management is approachable and fair. The facility is clean, well-organized, and up-to-date. This blend of respecting seasoned knowledge and embracing fresh perspectives creates a dynamic and effective problem-solving environment, benefiting everyone involved in the process. Reliable production processes and experienced ...
The employee recognition programs make hard work feel valued. Flexible shifts allow for better work-life balance, and the workplace culture promotes respect and collaboration among diverse teams. Strong teamwork fosters efficient and high-quality production. The culture is professional but sometimes bureaucratic, with resistance to rapid change and innovation.

Altech Industries Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
10660 Lake Fall Dr Eden Prairie Minnesota MN 55347
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Altech Industries
Altech Industries 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 Eden Prairie, Minnesota.

What Benefits Does Altech Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Altech Industries 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 Eden Prairie?

Understanding the cost of living near Eden Prairie is key to truly evaluating a salary offer or your current compensation at Altech Industries.
Eden Prairie's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 18.7% more than MN average). Affluent Mpls suburb, excellent schools, high housing costs. SW Transit, Metro Transit. When planning your budget based on a salary from Altech Industries, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Altech Industries salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation Metro Transit/SW Transit (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,010 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Altech Industries

1. What is the estimated average total compensation at Altech Industries?

Salary.com estimates that the average total compensation package at Altech Industries, which can include base salary, potential bonuses, and benefits, is around $46 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Altech Industries pay compared to Or Equal Materials Co?

The average annual salary at Altech Industries is $96,250, or an hourly wage of $46, in comparison to Or Equal Materials Co which pays $100,058 per year or $48 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Altech Industries?

Salary progression from an entry-level to a senior role at Altech Industries can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Altech Industries in Eden Prairie is fair given the local cost of living?

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

5. Are promotions at Altech Industries usually accompanied by a significant salary increase?

Yes, promotions at Altech Industries are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.