Modern Bin Salary

How much does the Modern Bin Pay for employees?

As of August 2026, the average hourly salary for employees at Modern Bin in the United States is $50. This translates to an approximate annual wage of $105,026. Salaries at Modern Bin typically range from $44 to $57 hourly, reflecting the diverse roles and experience levels within the company. Modern Bin’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 Modern Bin

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

Is Modern Bin’s Pay Competitive? Salary Benchmarking Analysis

How does Modern Bin’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)
Modern Bin
Retail & Wholesale
All Furniture Inc
Coast Citrus Distributors Inc
Industry Comparison
Our data shows that, on average, compensation at Modern Bin is below the average for the U.S. Retail & Wholesale industry by approximately 15%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Modern Bin average annual salary with several similar companies. Modern Bin average salary of $105,026 is lower than All Furniture Inc, which has an average salary of $105,311. It is lower than Coast Citrus Distributors Inc, with their average salary at $107,779. This places Modern Bin in a developing position among its peers.
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Employee Reviews: Working at Modern Bin

Considering a career at Modern Bin? 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 work culture is inclusive, and leadership is transparent. Great company with a strong reputation in retail. The retail sector can be demanding, but teamwork makes it manageable. The training programs have helped me develop valuable skills. The company’s size provides job security, and the corporate culture promotes teamwork.
The company offers a great work-life balance and flexible scheduling. Employee recognition programs are a nice touch. The company offers great growth opportunities, and the team culture is very collaborative. The retail perks are a bonus, and the team is fantastic to work with. I feel valued and motivated every day. Management is approachable, and the culture is positive. Not much turnover, which ...
The pay is competitive for the industry, and bonuses are a nice perk. Everyone works together to achieve goals, and management is supportive. The retail discounts are a nice perk too.

Modern Bin Overview

Website
www.modernbin.com
Founded In
1947
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
5345 W 125th St Savage Minnesota MN 55378
Revenue
$10 Million - $50 Million
Phone Number
+1 9528959050
Social Media
About Modern Bin
Modern Bin the Material Handling Group was founded in 1947 and originally provided bins for the automotive industry. Over the years, the company has evolved into one of the leading material handling and warehouse management firms in the Midwest . We are the primary provider of industrial lockers and custom racking and storage solutions to school districts, health clubs, and major medical manufactu

What Benefits Does Modern Bin Offer Beyond Salary?

A competitive compensation package is more than just a salary. Modern Bin 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 Modern Bin.
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 Modern Bin, 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 Modern Bin 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 Modern Bin

1. What is the estimated average total compensation at Modern Bin?

Salary.com estimates that the average total compensation package at Modern Bin, which can include base salary, potential bonuses, and benefits, is around $50 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Modern Bin pay compared to All Furniture Inc?

The average annual salary at Modern Bin is $105,026, or an hourly wage of $50, in comparison to All Furniture Inc which pays $105,311 per year or $51 per hour.

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

Salary progression from an entry-level to a senior role at Modern Bin 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 Modern Bin in Minneapolis is fair given the local cost of living?

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

5. Are promotions at Modern Bin usually accompanied by a significant salary increase?

Yes, promotions at Modern Bin 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.