Paramount Precision Products Inc Salary

Paramount Precision Products Inc Salary

How much does the Paramount Precision Products Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Paramount Precision Products Inc in the United States is $47. This translates to an approximate annual wage of $96,968. Salaries at Paramount Precision Products Inc typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company. Paramount Precision Products 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 Paramount Precision Products Inc

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

Is Paramount Precision Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Paramount Precision Products 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)
Paramount Precision Products Inc
MFG Durable
Sigma Machine
VfD Technologies Inc
Industry Comparison
Our data shows that, on average, compensation at Paramount Precision Products Inc is below the average for the U.S. MFG Durable industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Paramount Precision Products Inc average annual salary with several similar companies. Paramount Precision Products Inc average salary of $96,968 is higher than Sigma Machine, which has an average salary of $95,639. It is lower than VfD Technologies Inc, with their average salary at $97,432. This places Paramount Precision Products Inc in a mid-range position among its peers.
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Companies Similar to Paramount Precision Products Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Paramount Precision Products Inc

Considering a career at Paramount Precision Products 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 work atmosphere is professional, though sometimes rigid. The company promotes from within and supports career growth. This company genuinely cares about its employees. Employees appreciate the job stability and benefits but face challenges with workload fluctuations and occasional unclear communication. Projects are well-managed, and success is shared. Even under pressure, the team remains foc...
Commented in April 27, 2025
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I’ve stayed because the company treats people right. Competitive salaries and benefits help retain talented staff. The job is particularly stimulating, and there’s no limited opportunity for creativity or engagement. I’ve had opportunities to learn and grow that I never expected. They don’t just sit in offices — they walk the floor and check in regularly.
Commented in April 11, 2025
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For a mid-sized manufacturing firm, the opportunities for growth here are impressive. The facilities are modern, clean, and well-maintained. The availability of flexible work schedules, adaptable project-based approaches, and supportive remote work options is a significant and highly valued benefit, particularly for creative professionals seeking inspiration and focus.
Commented in December 13, 2024
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There’s a clear focus on quality, and every department works hard to meet expectations. Recognition programs celebrate individual and team achievements regularly, boosting motivation and morale. Supervisors are fair and encourage learning. Flexible shift schedules support a balanced lifestyle. This drive for improvement keeps the work interesting and ensures the company stays competitive in the lo...
Commented in January 04, 2024
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Paramount Precision Products Inc Overview

Website
www.paramountprecisionproducts.com
Founded In
1948
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
15255 W 11 Mile Rd Oak Park Michigan MI 48237
Revenue
$10 Million - $50 Million
Phone Number
+1 2485432100
Social Media
About Paramount Precision Products Inc
Paramount Precision Products is a leader in the field of modern machining practices and techniques. With an ever-expanding range of capabilities, we can handle a wide range of products and components from prototype and low volume to high volume automotive applications. We manufacture a wide range of products in Cast Aluminum, Nodular and Gray Iron, and Specialty Alloy Materials. We can handle over

What Benefits Does Paramount Precision Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paramount Precision Products 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Paramount Precision Products Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Paramount Precision Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Paramount Precision Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Paramount Precision Products Inc

1. What is the typical salary range (low to high) for most roles at Paramount Precision Products Inc?

The typical salary range for most roles at Paramount Precision Products Inc is approximately from $41 to $53 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. How much does Paramount Precision Products Inc pay compared to Sigma Machine?

The average annual salary at Paramount Precision Products Inc is $96,968, or an hourly wage of $47, in comparison to Sigma Machine which pays $95,639 per year or $46 per hour.

3. How does experience level affect salary at Paramount Precision Products Inc?

Experience level is a significant factor in determining salary at Paramount Precision Products Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Paramount Precision Products Inc in Chicago is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Paramount Precision Products Inc?

Several key factors influence salary levels at Paramount Precision Products Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Paramount Precision Products Inc likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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