Industrial Prodcuts Salary

Industrial Prodcuts Salary

How much does the Industrial Prodcuts Pay for employees?

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As of August 2026, the average hourly salary for employees at Industrial Prodcuts in the United States is $48. This translates to an approximate annual wage of $99,446. Salaries at Industrial Prodcuts typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company. Industrial Prodcuts’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 Industrial Prodcuts

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Is Industrial Prodcuts’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Prodcuts’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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Industrial Prodcuts
Retail & Wholesale
Hastings Industrial Co
Industrial Encoder Corp
Industry Comparison
Our data shows that, on average, compensation at Industrial Prodcuts is below the average for the U.S. Retail & Wholesale 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 Industrial Prodcuts average annual salary with several similar companies. Industrial Prodcuts average salary of $99,446 is higher than Hastings Industrial Co, which has an average salary of $98,455. It is higher than Industrial Encoder Corp, with their average salary at $95,059. This places Industrial Prodcuts in a competitive position among its peers.
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Companies Similar to Industrial Prodcuts and Their Hourly Pay Rates

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

Employee Reviews: Working at Industrial Prodcuts

Considering a career at Industrial Prodcuts? 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.
Overall, it’s a fantastic place to grow your career while feeling valued. The company culture is professional, though not overly social, which suits some employees more than others. This company values its employees. I’ve been able to grow professionally thanks to the many learning opportunities provided. I enjoy the fast-paced yet rewarding environment. The company encourages internal promotions,...
Commented in April 29, 2025
39
0
The company culture is amazing—teamwork is encouraged, and employees are recognized for their efforts. It’s a good fit for those who prefer a structured work environment. This company is an excellent place to grow in the retail sector. Enjoy the flexible hours. My experience at this company has been decent.
Commented in March 07, 2025
49
0
Good work-life balance. I’d recommend this employer to anyone seeking long-term career growth. Overall, it’s a great workplace for those looking for stability and growth in wholesale/retail.
Commented in November 23, 2024
48
2
The company’s size provides job security, and the corporate culture promotes teamwork. Competitive pay, strong benefits, and a culture of recognition. I’ve been with this company for over three years, and it’s been a rewarding journey. The leadership team is visionary and communicates company goals clearly.
Commented in August 11, 2024
22
0
Overall, it’s a supportive, forward-thinking employer with great long-term potential. The team is collaborative, and management is supportive. The employee discount is generous, and the team atmosphere is positive. It’s a reliable employer for those in retail and wholesale.
Commented in March 01, 2024
16
3

Industrial Prodcuts Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
4310 Shoreline Dr Spring Park Minnesota MN 55384
Revenue
<$5 Million
Phone Number
+1 9524718569
Social Media
About Industrial Prodcuts
Industrial Prodcuts is a company that operates in the Mechanical or Industrial Engineering industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Spring Park, Minnesota.

What Benefits Does Industrial Prodcuts Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Prodcuts 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Industrial Prodcuts.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Industrial Prodcuts, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Industrial Prodcuts salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Industrial Prodcuts

1. What is the typical salary range (low to high) for most roles at Industrial Prodcuts?

The typical salary range for most roles at Industrial Prodcuts is approximately from $42 to $54 per hour. 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 Industrial Prodcuts pay compared to Hastings Industrial Co?

The average annual salary at Industrial Prodcuts is $99,446, or an hourly wage of $48, in comparison to Hastings Industrial Co which pays $98,455 per year or $47 per hour.

3. How does experience level affect salary at Industrial Prodcuts?

Experience level is a significant factor in determining salary at Industrial Prodcuts, 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 Industrial Prodcuts in Minneapolis is fair given the local cost of living?

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

5. Why might an individual's actual salary at Industrial Prodcuts differ from the ranges shown here?

An individual's actual salary at Industrial Prodcuts can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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