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Precision Scientific Inc Salary

How much does the Precision Scientific Inc Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Precision Scientific Inc

Current Job Openings at Precision Scientific Inc

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Is Precision Scientific Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Precision Scientific 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

180k

150k

120k

90k

60k

30k

Average Salary ($/year)

Precision Scientific Inc

Retail & Wholesale

Laboratory Equipment

Sheldon Laboratory Systems Inc

Industry Comparison

Our data shows that, on average, compensation at Precision Scientific Inc is below the average for the U.S. Retail & Wholesale 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 Precision Scientific Inc average annual salary with several similar companies. Precision Scientific Inc average salary of $104,098 is lower than Laboratory Equipment, which has an average salary of $120,131. It is higher than Sheldon Laboratory Systems Inc, with their average salary at $86,240. This places Precision Scientific Inc in a mid-range position among its peers.

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Companies Similar to Precision Scientific Inc and Their Hourly Pay Rates

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

Laboratory Equipment

$58 / hour

Salary Range: $51 - $65

South San Francisco, CA

Sheldon Laboratory Systems Inc

$41 / hour

Salary Range: $36 - $47

Crystal Springs, MS

Lehan Drugs

$46 / hour

Salary Range: $40 - $52

Dekalb, IL

Waukegan Tire

$46 / hour

Salary Range: $41 - $52

Park City, IL

OKK USA Corp

$49 / hour

Salary Range: $43 - $55

Glendale Heights, IL

Evanston Subaru

$50 / hour

Salary Range: $44 - $56

Skokie, IL

Gardner Denver Industrial Products Group , Americas

$43 / hour

Salary Range: $38 - $49

Quincy, IL

Toyota Sienna Limited 7-Pass V6

$49 / hour

Salary Range: $43 - $56

Chicago, IL

Quintum Technologies Inc

$49 / hour

Salary Range: $43 - $56

Schaumburg, IL

Employee Reviews: Working at Precision Scientific Inc

Considering a career at Precision Scientific 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.

Leadership truly cares about employees. It’s a reliable job with standard industry benefits. The pay scale is competitive, and annual raises are fair. the company provides job security and fair compensation.

Commented in May 16, 2025

Good for those who prefer consistency in their work. Friendly coworkers and positive environment. The Retail & Wholesale sector requires adaptability, and this company does well in keeping up with industry trends. Company values work-life balance.

Commented in February 04, 2025

Team members are cooperative, and management ensures tasks are clear. The Retail & Wholesale industry can be hectic, but this company maintains a steady workflow. Typical corporate structure, decent workload. Benefits, including health coverage and performance incentives, are excellent. While there aren’t many standout perks. The workplace is organized, and the team is helpful. The Wholesale divis...

Commented in August 11, 2024

While workloads vary, the recognition for hard work makes it worthwhile. The team works well together, and the management is open and accessible. The team is collaborative, and management is open to new ideas. The work environment is energetic yet balanced. The retail sector is fast-moving, but the company provides clear guidance and support.

Commented in March 14, 2024

Precision Scientific Inc Overview

Website

www.precision-scientific.com

Founded In

1964

Employees

50 - 100 employees

Industry

Retail & Wholesale

Headquarter Address

3737 W Cortland St Chicago Illinois IL 60647

Revenue

$10 Million - $50 Million

Phone Number

+1 5408699892

About Precision Scientific Inc

The Precision Scientific Company (PSC) was established in 1964 by Shri. K. Palaniyuppan, as suppliers of Lab Chemicals, Glasswares, and Scientific laboratory equipment mainly to Colleges, hospitals, Industries, and Labs for research and analysis. We have effectively established our identity in Southern India with branches at Chennai, Puducherry (Pondicherry), and Bengaluru. We have been a reliable

What Benefits Does Precision Scientific Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Precision Scientific 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)

Work at Precision Scientific Inc?

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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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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 Precision Scientific 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 Precision Scientific 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 Precision Scientific 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 Precision Scientific Inc

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

Precision Scientific Inc pays its employees an average of $50 per hour. The average salary at Precision Scientific Inc range from $44 to $57 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 Precision Scientific Inc employees get a higher salary than its peer company?

The salary at Precision Scientific Inc is lesser than its peer company. The average annual salary at Precision Scientific Inc is $104,098, or an hourly wage of $50, in comparison to Laboratory Equipment which pays $120,131 per year or $58 per hour.

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

Salary progression with years of experience at Precision Scientific 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 Precision Scientific Inc vary by office location?

Yes, it's very likely that salaries at Precision Scientific 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 Chicago section provides more context.

5. Does Precision Scientific Inc offer good benefits?

Precision Scientific 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 Precision Scientific Inc" section on this page.