IRED INDUSTRIES Inc Salary

How much does the IRED INDUSTRIES Inc Pay for employees?

As of October 2026, the average hourly salary for employees at IRED INDUSTRIES Inc in the United States is $41. This translates to an approximate annual wage of $86,240. Salaries at IRED INDUSTRIES Inc typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company. IRED INDUSTRIES 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 IRED INDUSTRIES Inc

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Is IRED INDUSTRIES Inc’s Pay Competitive? Salary Benchmarking Analysis

How does IRED INDUSTRIES 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)
IRED INDUSTRIES Inc
MFG Durable
Cormed Industries Inc
Bledsoe Industries
Industry Comparison
Our data shows that, on average, compensation at IRED INDUSTRIES Inc is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared IRED INDUSTRIES Inc average annual salary with several similar companies. IRED INDUSTRIES Inc average salary of $86,240 is lower than Cormed Industries Inc, which has an average salary of $90,470. It is lower than Bledsoe Industries, with their average salary at $90,006. This places IRED INDUSTRIES Inc in a developing position among its peers.
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Employee Reviews: Working at IRED INDUSTRIES Inc

Considering a career at IRED INDUSTRIES 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.
Communication from management is generally clear but occasionally delayed. Managers are quick to support and recognize progress. Managers listen and lead with clarity and respect for everyone’s role. The environment is professional but can feel hierarchical, limiting innovation and flexibility in some areas.
The workplace environment encourages collaboration and respect among colleagues. Management actually listens to suggestions and acts on them. Meetings are purposeful, and goals are achievable. Training programs exist but and it can be sufficiently tailored. Training is decent but basic. The company values craftsmanship and ensures products are made to the highest standard every time. Welcoming env...
Most communication comes from supervisors. Morale remains high across all departments. Management is approachable and responsive, creating an environment where you feel heard and respected, which is very important. Flexibility in shifts depends on management, leading to mixed experiences.
Safety protocols are established but inconsistently applied in some areas. Coworkers are polite and it is somehow overly collaborative. I wouldn’t recommend it for ambitious professionals, but for someone looking for a reliable paycheck, it does the job. Expectations are communicated clearly, and leadership takes the time to support staff with resources and tools.

IRED INDUSTRIES Inc Overview

Website
Data pending, update soon.
Founded In
1981
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
237 S State St Richmond Utah UT 84333
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About IRED INDUSTRIES Inc
IRED INDUSTRIES Inc is a company that operates in the Machinery industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Richmond, Utah.

What Benefits Does IRED INDUSTRIES Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. IRED INDUSTRIES 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 Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at IRED INDUSTRIES Inc.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from IRED INDUSTRIES Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of IRED INDUSTRIES Inc salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) 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 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of IRED INDUSTRIES Inc

1. What is the estimated average total compensation at IRED INDUSTRIES Inc?

Salary.com estimates that the average total compensation package at IRED INDUSTRIES Inc, which can include base salary, potential bonuses, and benefits, is around $41 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does IRED INDUSTRIES Inc pay compared to Cormed Industries Inc?

The average annual salary at IRED INDUSTRIES Inc is $86,240, or an hourly wage of $41, in comparison to Cormed Industries Inc which pays $90,470 per year or $43 per hour.

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

Salary progression from an entry-level to a senior role at IRED INDUSTRIES Inc 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 IRED INDUSTRIES Inc in Salt Lake City is fair given the local cost of living?

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

5. Are promotions at IRED INDUSTRIES Inc usually accompanied by a significant salary increase?

Yes, promotions at IRED INDUSTRIES Inc 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.