Olympak Salary

Olympak Salary

How much does the Olympak Pay for employees?

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As of July 2026, the average hourly salary for employees at Olympak in the United States is $49. This translates to an approximate annual wage of $101,936. Salaries at Olympak typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company. Olympak’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 Olympak Pay for Different Roles?

Explore detailed salary information for specific jobs at Olympak. 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 Olympak

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

Is Olympak’s Pay Competitive? Salary Benchmarking Analysis

How does Olympak’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)
Olympak
MFG Durable
Nol-Tec Systems Inc
INDEVCO North America Inc
Industry Comparison
Our data shows that, on average, compensation at Olympak is below the average for the U.S. MFG Durable industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Olympak average annual salary with several similar companies. Olympak average salary of $101,936 is higher than Nol-Tec Systems Inc, which has an average salary of $99,605. It is higher than INDEVCO North America Inc, with their average salary at $94,658. This places Olympak in a competitive position among its peers.
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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 Olympak and Their Hourly Pay Rates

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

Employee Reviews: Working at Olympak

Considering a career at Olympak? 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.
Training covers the basics, but more technical instruction would help new hires adjust faster. It’s a great place to grow in the manufacturing industry. Most communication comes from supervisors. This openness builds trust and makes you feel like you're a part of something bigger, fostering a sense of inclusion and shared purpose.
Commented in April 05, 2025
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Leadership encourages professional growth and provides opportunities for advancement through internal promotions. Cross-training improves job variety. You’ll stay busy, but it’s not usually overwhelming unless someone is out. A healthy work-life balance and proactive management make all the difference. It’s a place where you can take pride in your work and feel like a valued team member. I’ve lear...
Commented in July 09, 2024
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Work environment is stable but may feel routine and unexciting to some. For a mid-sized manufacturing firm, the opportunities for growth here are impressive. Upper management makes regular rounds and values visibility. The benefits are great, and there's a real effort to ensure a good work-life balance. The benefits package is competitive and comprehensive, supporting health and wellness.
Commented in March 17, 2024
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Olympak Overview

Website
www.olympak.com
Founded In
1979
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
6010 Earle Brown Dr Brooklyn Center Minnesota MN 55430
Revenue
$10 Million - $50 Million
Phone Number
+1 7635045400
Social Media
About Olympak
At OlymPak we focus on that sweet spot where quality and innovation meet the right price. We understand how important packaging is to our customers as it can often be the physical representation of their product on the shelf. Please take a second to browse through the industry list to the left and learn how we specifically address the needs to each customer type. We know our solution focused metho

What Benefits Does Olympak Offer Beyond Salary?

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

1. How much does an Olympak employee make?

Olympak pays its employees an average of $49 per hour. The average salary at Olympak range from $43 to $55 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 Olympak?

The salary at Olympak is higher than the similar company. The average annual salary at Olympak is $101,936, or an hourly wage of $49, in comparison to Nol-Tec Systems Inc which pays $99,605 per year or $48 per hour.

3. How much does a Director, Quality typically earn at Olympak?

A Director, Quality at Olympak typically earns an average hourly base salary of around $89, with a general range of $82 to $96.

4. Do employees with advanced degrees (Master's, PhD) earn more at Olympak?

In many roles at Olympak, 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.

5. How does the cost of living near Minneapolis affect the perceived value of a Olympak salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Olympak based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Olympak typically offer employees?

Olympak 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 Olympak" section on this page.

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