Masterpac Inc Salary

How much does the Masterpac Inc Pay for employees?

As of August 2026, the average hourly salary for employees at Masterpac Inc in the United States is $42. This translates to an approximate annual wage of $86,346. Salaries at Masterpac Inc typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company. Masterpac 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 Masterpac Inc

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Is Masterpac Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Masterpac 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)
Masterpac Inc
Retail & Wholesale
Raytheon Marine Co
Nissan Versa SV
Industry Comparison
Our data shows that, on average, compensation at Masterpac Inc is below the average for the U.S. Retail & Wholesale 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 Masterpac Inc average annual salary with several similar companies. Masterpac Inc average salary of $86,346 is lower than Raytheon Marine Co, which has an average salary of $96,398. It is lower than Nissan Versa SV, with their average salary at $86,968. This places Masterpac Inc in a developing position among its peers.
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Employee Reviews: Working at Masterpac Inc

Considering a career at Masterpac 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 leadership team is approachable and open to feedback. Employee benefits, including health coverage and paid time off, are above average. The work environment is structured, and expectations are clearly communicated. I’ve had a great experience here.
I’ve been able to grow my skills through various projects and mentorship programs. This company is one of the best employers in the Retail & Wholesale space. The training programs are excellent, and managers are supportive. I genuinely enjoy working here. The Retail segment is busy but well-managed. This company stands out for its employee-centric policies. The benefits package is excellent, and t...
Work-life balance is respected, and flexible scheduling is a major perk. Overall, it’s a reliable place to work if you’re looking for steady employment without major surprises. Supportive environment for skill development.

Masterpac Inc Overview

Website
www.masterpac.us
Founded In
1980
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
2022 Peachtree Ln South Bend Indiana IN 46617
Revenue
<$5 Million
Phone Number
-
Social Media
About Masterpac Inc
Masterpac Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in South Bend, Indiana.

What Benefits Does Masterpac Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Masterpac 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 South Bend?

Understanding the cost of living near South Bend is key to truly evaluating a salary offer or your current compensation at Masterpac Inc.
South Bend's Cost of Living Index is approximately 78.1 (21.9% less expensive than US average; 13.8% less than IN average). Home to Univ. of Notre Dame, affordable housing. Transpo bus. When planning your budget based on a salary from Masterpac Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Masterpac Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (Transpo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,215+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Masterpac Inc

1. How much does Masterpac Inc in the United States pay?

Masterpac Inc pays its employees an average of $42 per hour. The average salary at Masterpac Inc range from $36 to $47 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. Do Masterpac Inc employees get a higher salary than its peer company?

The salary at Masterpac Inc is lesser than its peer company. The average annual salary at Masterpac Inc is $86,346, or an hourly wage of $42, in comparison to Raytheon Marine Co which pays $96,398 per year or $46 per hour.

3. How much does salary increase with years of experience at Masterpac Inc?

Salary progression with years of experience at Masterpac Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Masterpac Inc vary by office location?

Yes, it's very likely that salaries at Masterpac Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for South Bend section provides more context.

5. Does Masterpac Inc offer good benefits?

Masterpac Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Masterpac Inc" section on this page.