Prospect Fastener Salary

How Much Does Prospect Fastener Pay for employees?

As of August 2026, the average hourly salary for employees at Prospect Fastener in the United States is $34. This translates to an approximate annual wage of $71,423. Salaries at Prospect Fastener typically range from $30 to $39 hourly, reflecting the diverse roles and experience levels within the company. Prospect Fastener’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 Prospect Fastener Pay for Different Roles?

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.

Back End Software Developer

$52 / hour

Salary Range: $47 - $57

Software Development

Blockchain Developer/Analyst (Freelance Contract, Remote)

$41 / hour

Salary Range: $34 - $46

Trading

Cloud SA

$50 / hour

Salary Range: $44 - $57

IT Management

CNO Analyst/Programmer

$22 / hour

Salary Range: $20 - $25

Manufacturing

Communications Marketing Manager (Freelance Contract, Remote)

$52 / hour

Salary Range: $46 - $58

Marketing Management

Computer Scientist

$44 / hour

Salary Range: $40 - $49

Environmental Engineering

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Prospect Fastener.
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About Prospect Fastener: Company Profile

Website
www.prospectfastener.com
Founded In
1982
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Location
WAUCONDA
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About PROSPECT FASTENER
Prospect Fastener is a Master Distributor of value. We build a transparent gateway between our manufacturers and our customers by listening to what you want and how you need it. We relieve hidden costs in your supply chain, expand your product lines, and eliminate risks. We distribute value. We are proud to feature the highest quality, American Made, Branded Products: Rotor Clip, KMC Stampings, Dr

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Prospect Fastener's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The benefits are competitive, and the leadership is approachable. The company also supports continuing education, which is a huge plus. The company provides clear career paths and rewards hard work. The company values work-life balance, which is a huge plus. The company follows market trends, keeping operations relevant. The company offers great training and development programs. Management truly ...
The company provides decent benefits. Not much turnover, which speaks to job stability. The office environment is clean and organized, which makes day-to-day tasks smoother. The company offers good training and career advancement opportunities. The workplace culture is energetic, and teamwork is highly encouraged.
The company invests in employee development, offering regular training and promotions. The role a predictable routine. I appreciate the company’s commitment to employee growth.
Hard work is rewarded, and there are frequent team appreciation events. The team is collaborative, and management is accessible. The company also offers decent bonuses for performance.

Is Prospect Fastener’s Pay Competitive? Salary Benchmarking Analysis

How does Prospect Fastener’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Prospect Fastener
Retail & Wholesale
PEERLESS POWER EQUIPMENT
PREVENTIVE DIAGNOSTICS
Industry Comparison
Our data shows that, on average, compensation at Prospect Fastener is below the average for the U.S. Retail & Wholesale industry by approximately 42%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Prospect Fastener average annual salary with several similar companies. Prospect Fastener average salary of $71,423 is lower than PEERLESS POWER EQUIPMENT, which has an average salary of $78,581. It is lower than PREVENTIVE DIAGNOSTICS, with their average salary at $82,333. This places Prospect Fastener in a developing position among its peers.
See Your True Competitors
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.

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 Prospect Fastener.
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 Prospect Fastener, 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 Prospect Fastener 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.

Most Common Questions About Prospect Fastener

FAQ 1: How much does a Prospect Fastener employee make?
Prospect Fastener pays its employees an average of $34 per hour. The average salary at Prospect Fastener range from $30 to $39 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.
FAQ 2: Which similar company tend to pay more or less than Prospect Fastener?
The salary at Prospect Fastener is lesser than the similar company. The average annual salary at Prospect Fastener is $71,423, or an hourly wage of $34, in comparison to PEERLESS POWER EQUIPMENT which pays $78,581 per year or $38 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Prospect Fastener?
In many roles at Prospect Fastener, 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.
FAQ 4: How does the cost of living near Chicago affect the perceived value of a Prospect Fastener salary?
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Prospect Fastener based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Prospect Fastener typically offer employees?
Prospect Fastener 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 Prospect Fastener" section on this page.