Modern Light Metals Inc Salary

Modern Light Metals Inc Salary

How much does the Modern Light Metals Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Modern Light Metals Inc in the United States is $45. This translates to an approximate annual wage of $94,352. Salaries at Modern Light Metals Inc typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company. Modern Light Metals 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 Modern Light Metals Inc

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Is Modern Light Metals Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Modern Light Metals 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)
Modern Light Metals Inc
Transportation
Michigan Association of Railroad Passengers
Foreman Bros Ltd
Industry Comparison
Our data shows that, on average, compensation at Modern Light Metals Inc is below the average for the U.S. Transportation 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 Modern Light Metals Inc average annual salary with several similar companies. Modern Light Metals Inc average salary of $94,352 is lower than Michigan Association of Railroad Passengers, which has an average salary of $100,259. It is lower than Foreman Bros Ltd, with their average salary at $101,240. This places Modern Light Metals Inc in a developing position among its peers.
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Companies Similar to Modern Light Metals Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Modern Light Metals Inc

Considering a career at Modern Light Metals 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.
Coworkers help each other out and management recognizes hard work. Equipment is maintained to industry standards and safety protocols are followed. Pay scales are above industry average with regular performance reviews. Enjoy the work culture here.
Commented in April 04, 2025
17
1
The company invests in modern fleet technology, making daily operations efficient. The company ensures operations are streamlined without excessive hierarchy. The transportation operations are smooth, and the team is highly skilled. Great leadership and clear company direction. Friendly coworkers, efficient operations. There’s room for more team-building activities, but overall, it’s a stable work...
Commented in October 28, 2024
8
3
Benefits are strong, and work-life balance is respected. Good pay for the industry. The organization allows for diverse career paths, and I’ve seen many colleagues advance into leadership roles.
Commented in January 11, 2024
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2

Modern Light Metals Inc Overview

Website
www.modernlm.com
Founded In
1975
Employees
50 - 100 employees
Industry
Transportation
Headquarter Address
920 Boyer Rd Coloma Michigan MI 49038
Revenue
$10 Million - $50 Million
Phone Number
+1 6164685041
Social Media
About Modern Light Metals Inc
Modern Light Metals has been manufacturing material handling products for the truck and rail industry since 1949. All of our equipment is engineered and custom fabricated to meet the needs of business throughout the country. Our Applications are primarily involved with transporting forklifts from loading dock to trucks and rail cars or from ground level to a dock or truck bed. Capacities for these

What Benefits Does Modern Light Metals Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Modern Light Metals 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Modern Light Metals Inc.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Modern Light Metals Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Modern Light Metals Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Modern Light Metals Inc

1. How much does a Modern Light Metals Inc employee make?

Modern Light Metals Inc pays its employees an average of $45 per hour. The average salary at Modern Light Metals Inc range from $40 to $51 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. Which similar company tend to pay more or less than Modern Light Metals Inc?

The salary at Modern Light Metals Inc is lesser than the similar company. The average annual salary at Modern Light Metals Inc is $94,352, or an hourly wage of $45, in comparison to Michigan Association of Railroad Passengers which pays $100,259 per year or $48 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Modern Light Metals Inc?

In many roles at Modern Light Metals Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Grand Rapids affect the perceived value of a Modern Light Metals Inc salary?

Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Modern Light Metals Inc based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Modern Light Metals Inc typically offer employees?

Modern Light Metals Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Modern Light Metals Inc" section on this page.

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