Iva Foundry Division Inc Salary

How much does the Iva Foundry Division Inc Pay for employees?

As of August 2026, the average hourly salary for employees at Iva Foundry Division Inc in the United States is $44. This translates to an approximate annual wage of $91,673. Salaries at Iva Foundry Division Inc typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company. Iva Foundry Division 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 Iva Foundry Division Inc

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Is Iva Foundry Division Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Iva Foundry Division 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)
Iva Foundry Division Inc
MFG Durable
SP Foundry
Columbiana Foundry Co
Industry Comparison
Our data shows that, on average, compensation at Iva Foundry Division Inc is below the average for the U.S. MFG Durable industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Iva Foundry Division Inc average annual salary with several similar companies. Iva Foundry Division Inc average salary of $91,673 is higher than SP Foundry, which has an average salary of $91,346. It is higher than Columbiana Foundry Co, with their average salary at $89,342. This places Iva Foundry Division Inc in a competitive position among its peers.
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Employee Reviews: Working at Iva Foundry Division Inc

Considering a career at Iva Foundry Division 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 manufacturing company maintains a strong focus on teamwork, which leads to efficient production and high-quality products. The emphasis on lean manufacturing and quality control has improved customer satisfaction and reduced waste. This is a stable workplace with consistent hours. They provide the tools and training needed to succeed and prioritize a safe working environment above all else. I ...
The communication between management and employees is excellent, ensuring everyone is aligned and informed. From regular team meetings to strong safety training, every part of the operation feels professional and purpose-driven. Strong daily coordination between departments keeps everything running efficiently. I like the routine and structure of the day. Recognition programs boost morale, making ...
Leadership supports employee growth and skill development. Managers are often on the floor, talking to employees and understanding the day-to-day operations. It helps me stay focused and efficient without feeling overwhelmed or burned out.
The atmosphere is professional but friendly, and coworkers genuinely look out for each other. Everyone contributes to a respectful workplace. However, enforcement of safety protocols can be inconsistent. This shared purpose creates a positive and motivated workforce dedicated to achieving common goals. The workplace encourages teamwork and respect, fostering a positive environment. Employees are t...
The company’s investment in technology and automation has significantly improved efficiency. The footprint provides stability while maintaining a culture where individuals matter. Opportunities for advancement and strong leadership make work enjoyable. The work environment is professional but can feel bureaucratic and inflexible. The tasks are repetitive, but manageable.

Iva Foundry Division Inc Overview

Website
Data pending, update soon.
Founded In
1976
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
4946 Duebber Dr Cincinnati Ohio OH 45238
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Iva Foundry Division Inc
Iva Foundry Division Inc is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Cincinnati, Ohio.

What Benefits Does Iva Foundry Division Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Iva Foundry Division 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 Cincinnati?

Understanding the cost of living near Cincinnati is key to truly evaluating a salary offer or your current compensation at Iva Foundry Division Inc.
Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). SW OH city, affordable housing. Metro bus, Connector streetcar (free). When planning your budget based on a salary from Iva Foundry Division Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Iva Foundry Division Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Metro monthly pass, Connector free) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,250 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Iva Foundry Division Inc

1. What is the estimated average total compensation at Iva Foundry Division Inc?

Salary.com estimates that the average total compensation package at Iva Foundry Division Inc, which can include base salary, potential bonuses, and benefits, is around $44 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Iva Foundry Division Inc pay compared to SP Foundry?

The average annual salary at Iva Foundry Division Inc is $91,673, or an hourly wage of $44, in comparison to SP Foundry which pays $91,346 per year or $44 per hour.

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

Salary progression from an entry-level to a senior role at Iva Foundry Division 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 Iva Foundry Division Inc in Cincinnati is fair given the local cost of living?

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

5. Are promotions at Iva Foundry Division Inc usually accompanied by a significant salary increase?

Yes, promotions at Iva Foundry Division 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.