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Lano Equipment Inc Salary

Lano Equipment Inc Salary

How much does the Lano Equipment Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Lano Equipment Inc in the United States is $48. This translates to an approximate annual wage of $100,090. Salaries at Lano Equipment Inc typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company. Lano Equipment 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 Lano Equipment Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lano Equipment 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 Lano Equipment Inc

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

Is Lano Equipment Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lano Equipment 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)
Lano Equipment Inc
Retail & Wholesale
Ozark Laser & Shoring
Economy Cash and Carry Inc
Industry Comparison
Our data shows that, on average, compensation at Lano Equipment Inc 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 Lano Equipment Inc average annual salary with several similar companies. Lano Equipment Inc average salary of $100,090 is higher than Ozark Laser & Shoring, which has an average salary of $87,464. It is higher than Economy Cash and Carry Inc, with their average salary at $85,892. This places Lano Equipment Inc in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Companies Similar to Lano Equipment Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Lano Equipment Inc

Considering a career at Lano Equipment 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 office environment is modern and comfortable, contributing to productivity. The leadership team is supportive, and the office environment is welcoming. The retail space is organized, and schedules are consistent. Working at this company has been a great experience.
Commented in February 05, 2025
11
1
The company also emphasizes innovation, often implementing new strategies to stay ahead in the market. Felt prepared from day one. The workplace is structured, and tasks are well-defined. The Retail & Wholesale industry is fast-paced, but the company provides ample training and resources to help employees succeed. Communication from upper management is clear and consistent. Steady job with reasona...
Commented in October 19, 2024
40
0
The leadership team is engaged and encourages employee input. The team is professional, and management provides necessary resources. Career advancement is possible here if you’re proactive, and the HR team is very approachable. The work environment is structured, and processes are clearly defined.
Commented in August 07, 2024
26
3
The job is consistent with reasonable expectations. I’d recommend this workplace to anyone looking for stability and growth. I’ve had a fulfilling experience working here.
Commented in March 09, 2024
40
3

Lano Equipment Inc Overview

Website
www.lanoequip.com
Founded In
1946
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
6140 Hwy 10 NW Anoka Minnesota MN 55303
Revenue
$10 Million - $50 Million
Phone Number
+1 7633231720
Social Media
About Lano Equipment Inc
Lano Equipment of Norwood has been a family business since 1946 serving the area with quality farm and Bobcat equipment. Because of our commitment to quality parts, service and sales, we are one of the top ten Bobcat and New Holland dealers in the state of Minnesota. Stop in and check out our excellent line of new and used equipment.

What Benefits Does Lano Equipment Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lano Equipment 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Lano Equipment Inc.
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 Lano Equipment Inc, 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 Lano Equipment Inc 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 Lano Equipment Inc

1. What is the average salary for employees at Lano Equipment Inc?

The average total compensation for employees at Lano Equipment Inc is approximately $48 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $54 per hour, depending on factors like job role, experience, and location.

2. How much does Lano Equipment Inc pay compared to Ozark Laser & Shoring?

The average annual salary at Lano Equipment Inc is $100,090, or an hourly wage of $48, in comparison to Ozark Laser & Shoring which pays $87,464 per year or $42 per hour.

3. What is the lowest salary at Lano Equipment Inc?

The lowest-paying job at Lano Equipment Inc is a Parts Specialist with a salary of $28 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 Lano Equipment 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 Lano Equipment Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lano Equipment Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Lano Equipment 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 Lano Equipment Inc?

Most companies, likely including Lano Equipment 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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