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Component Plastics Inc Salary

Component Plastics Inc Salary

How much does the Component Plastics Inc Pay for employees?

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As of September 2026, the average hourly salary for employees at Component Plastics Inc in the United States is $47. This translates to an approximate annual wage of $98,318. Salaries at Component Plastics Inc typically range from $42 to $53 hourly, reflecting the diverse roles and experience levels within the company. Component Plastics 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 Component Plastics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Component Plastics 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 Component Plastics Inc

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

Is Component Plastics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Component Plastics Inc’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)
Component Plastics Inc
MFG Durable
Stylecraft Specialty Co. Inc
Eckerle Herrenmodenvertrieb GmbH & Co
Industry Comparison
Our data shows that, on average, compensation at Component Plastics 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 Component Plastics Inc average annual salary with several similar companies. Component Plastics Inc average salary of $98,318 is lower than Stylecraft Specialty Co. Inc, which has an average salary of $115,342. It is higher than Eckerle Herrenmodenvertrieb GmbH & Co, with their average salary at $87,928. This places Component Plastics Inc in a mid-range position among its peers.
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Companies Similar to Component Plastics Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Component Plastics Inc

Considering a career at Component Plastics 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.
People are quick to lend a hand, and the mood is usually upbeat despite the pace. Everyone, from the production line to management, is dedicated to producing the best possible products. Leadership provides clear direction, and coworkers make each shift enjoyable. At this company, employees experience a supportive workplace with a clear focus on safety and quality standards. Career advancement oppo...
Commented in April 12, 2025
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Training is comprehensive, covering technical skills and leadership development. There’s job security, but few chances to shape your role or workflow. It’s fine for steady work without much variation. Overtime is sometimes required during busy periods. Equipment is mostly up-to-date but occasional delays in upgrades.
Commented in April 02, 2025
32
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This organization offers a stable work environment with a strong emphasis on safety and quality control. You feel appreciated and respected here. Attention to detail, strict safety protocols, and solid teamwork define this manufacturing environment.
Commented in January 04, 2024
30
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Component Plastics Inc Overview

Website
www.cpielgin.com
Founded In
1969
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
700 Tollgate Rd Elgin Illinois IL 60123
Revenue
$10 Million - $50 Million
Phone Number
+1 8476959200
Social Media
About Component Plastics Inc
For over 45 years, Component Plastics has been an invaluable leader in the custom plastic injection molding industry. Our management philosophy is based on our technical abilities to manufacture the highest quality parts at competitive prices with on time deliveries that surpass our customer expectations. We welcome you to our website. It would be a privilege to assist you with your plastic insert

What Benefits Does Component Plastics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Component Plastics 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 Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at Component Plastics Inc.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from Component Plastics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of Component Plastics Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Component Plastics Inc

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

The average total compensation for employees at Component Plastics Inc is approximately $47 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $53 per hour, depending on factors like job role, experience, and location.

2. How much does Component Plastics Inc pay compared to Stylecraft Specialty Co. Inc?

The average annual salary at Component Plastics Inc is $98,318, or an hourly wage of $47, in comparison to Stylecraft Specialty Co. Inc which pays $115,342 per year or $55 per hour.

3. What is the lowest salary at Component Plastics Inc?

The lowest-paying job at Component Plastics Inc is a Customer Service with a salary of $19 per hour. 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 Component Plastics 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 Component Plastics Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

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

Most companies, likely including Component Plastics 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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