Loveridge Machine Co Salary

How much does the Loveridge Machine Co Pay for employees?

As of September 2026, the average hourly salary for employees at Loveridge Machine Co in the United States is $41. This translates to an approximate annual wage of $85,724. Salaries at Loveridge Machine Co typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company. Loveridge Machine Co’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 Loveridge Machine Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Loveridge Machine Co. 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.
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Current Job Openings at Loveridge Machine Co

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

Is Loveridge Machine Co’s Pay Competitive? Salary Benchmarking Analysis

How does Loveridge Machine Co’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)
Loveridge Machine Co
MFG Durable
Tee Group Films Inc
DFM Industries Inc
Industry Comparison
Our data shows that, on average, compensation at Loveridge Machine Co is below the average for the U.S. MFG Durable industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Loveridge Machine Co average annual salary with several similar companies. Loveridge Machine Co average salary of $85,724 is lower than Tee Group Films Inc, which has an average salary of $88,455. It is lower than DFM Industries Inc, with their average salary at $98,845. This places Loveridge Machine Co in a developing 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.

Employee Reviews: Working at Loveridge Machine Co

Considering a career at Loveridge Machine Co? 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.
It’s not the most inspiring place to work, but it is dependable. On the upside, the job is low-stress, and the hours are steady. This makes you feel like your voice matters and that you can contribute to positive changes. The production process is efficient, and everyone’s role is valued.
It's motivating to work for an organization that continuously invests in both its processes and its workforce. Reliable schedule and stable job security. The company promotes from within and supports career growth. The culture promotes accountability and efficiency, and it's great knowing your contributions matter. A strong sense of teamwork and accountability keeps this place moving efficiently. ...
Welcoming environment with helpful coworkers. I started in an entry-level position and have been able to advance my career significantly thanks to their development programs and supportive managers who believed in my potential. The company's commitment to sustainable practices and community involvement adds deeper meaning to our work.
The job is particularly stimulating, and there’s no limited opportunity for creativity or engagement. A decent, routine manufacturing environment. The culture values hard work, and recognition is given where it’s due. Benefits like profit sharing and retirement plans show the company's long-term commitment to its workforce.

Loveridge Machine Co Overview

Website
www.loveridgemachine.com
Founded In
1975
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
4097 S West Temple Salt Lake City Utah UT 84107
Revenue
$5 Million - $10 Million
Phone Number
+1 8012621414
Social Media
About Loveridge Machine Co
Loveridge Machine was established in 1975 with a small base of individual and industrial customers and grew steadily in the job shop market. In 1977, we expanded into the production machining market. That same year, we developed a wheel hub using factory-equipped braking system in the conversion of compact pickup trucks to four-wheel-drive vehicles. The product so impressed Chevrolet that it was i

What Benefits Does Loveridge Machine Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loveridge Machine Co 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 Loveridge Machine Co.
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 Loveridge Machine Co, 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 Loveridge Machine Co 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 Loveridge Machine Co

1. What is the estimated average total compensation at Loveridge Machine Co?

Salary.com estimates that the average total compensation package at Loveridge Machine Co, 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 Loveridge Machine Co pay compared to Tee Group Films Inc?

The average annual salary at Loveridge Machine Co is $85,724, or an hourly wage of $41, in comparison to Tee Group Films Inc which pays $88,455 per year or $43 per hour.

3. Do salaries differ significantly between departments at Loveridge Machine Co?

Yes, salaries often differ between departments at Loveridge Machine Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Loveridge Machine Co?

Salary progression from an entry-level to a senior role at Loveridge Machine Co 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.

5. How can I determine if a salary offer from Loveridge Machine Co in Salt Lake City is fair given the local cost of living?

To determine if a salary offer from Loveridge Machine Co in Salt Lake City is fair, first compare the gross salary to our data for similar roles at Loveridge Machine Co 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.

6. Are promotions at Loveridge Machine Co usually accompanied by a significant salary increase?

Yes, promotions at Loveridge Machine Co 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.