Spencer Industries Inc Salary

How much does the Spencer Industries Inc Pay for employees?

As of August 2026, the average hourly salary for employees at Spencer Industries Inc in the United States is $46. This translates to an approximate annual wage of $95,407. Salaries at Spencer Industries Inc typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. Spencer Industries 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.

How Much Does Spencer Industries Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Spencer Industries Inc. 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.
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Current Job Openings at Spencer Industries Inc

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

Is Spencer Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Spencer Industries 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)
Spencer Industries Inc
MFG Durable
Vignal Lighting Group
Amtel South Inc
Industry Comparison
Our data shows that, on average, compensation at Spencer Industries Inc is below the average for the U.S. MFG Durable industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Spencer Industries Inc average annual salary with several similar companies. Spencer Industries Inc average salary of $95,407 is lower than Vignal Lighting Group, which has an average salary of $97,274. It is lower than Amtel South Inc, with their average salary at $96,177. This places Spencer Industries Inc in a developing 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.

Employee Reviews: Working at Spencer Industries Inc

Considering a career at Spencer Industries 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.
Opportunities for advancement are clearly communicated. Supervisors are polite but rarely offer praise. Training programs are comprehensive, covering both technical skills and leadership development.
Training is comprehensive, and cross-department collaboration is strong. Communication flows adequately but could be more frequent and transparent. Operations are mostly smooth, but occasional bottlenecks occur. The culture emphasizes professionalism to adapt to change, occasionally causing frustration.
This manufacturing firm provides stable employment and reasonable benefits. Cross-training opportunities help keep the job interesting and develop new skills. This forward-thinking approach, keeps us competitive and at the forefront of the global market. Flexible shifts accommodate project demands smoothly. Processes are well-documented, and improvements are welcomed. Consistent processes, minimal...
Communication from leadership is formal. Working here has been a positive experience from the start. There's a clear focus on continuous learning and maintaining high safety standards, which makes it a great place to develop professionally and feel secure. The culture here is based on respect, productivity, and teamwork.
Training is comprehensive, covering technical skills and leadership development. The culture promotes accountability and efficiency, and it's great knowing your contributions matter. This manufacturing company stands out for its progressive approach to industrial work.

Spencer Industries Inc Overview

Website
www.spencerindustries.com
Founded In
1981
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
902 Buffaloville Rd Dale Indiana IN 47523
Revenue
$50 Million - $200 Million
Phone Number
+1 8129374561
Social Media
About Spencer Industries Inc
Spencer Industries, Inc. headquartered in Dale Indiana, manufactures thermo-formed heavy gauge plastic products. The Company offers high esthetic detailed pressure formed parts, vacuum formed parts, twin sheet thermo-formed products, and custom plastic products, as well as provides secondary processing and trimming services.

What Benefits Does Spencer Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spencer Industries 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 Evansville?

Understanding the cost of living near Evansville is key to truly evaluating a salary offer or your current compensation at Spencer Industries Inc.
Evansville's Cost of Living Index is approximately 78.8 (21.2% less expensive than US average; 13.0% less than IN average). SW IN Ohio River city, affordable housing. METS bus. When planning your budget based on a salary from Spencer Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Spencer Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (METS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,865 - $3,075+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spencer Industries Inc

1. How much does a Spencer Industries Inc employee make?

Spencer Industries Inc pays its employees an average of $46 per hour. The average salary at Spencer Industries Inc range from $40 to $52 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 Spencer Industries Inc?

The salary at Spencer Industries Inc is lesser than the similar company. The average annual salary at Spencer Industries Inc is $95,407, or an hourly wage of $46, in comparison to Vignal Lighting Group which pays $97,274 per year or $47 per hour.

3. How much does a President typically earn at Spencer Industries Inc?

A President at Spencer Industries Inc typically earns an average hourly base salary of around $355, with a general range of $272 to $447.

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

In many roles at Spencer Industries 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.

5. How does the cost of living near Evansville affect the perceived value of a Spencer Industries Inc salary?

Evansville's Cost of Living Index is approximately 78.8 (21.2% less expensive than US average; 13.0% less than IN average). This significantly impacts the purchasing power of a salary from Spencer Industries Inc based there. Our "Cost of Living Insights for Evansville" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Spencer Industries Inc typically offer employees?

Spencer Industries 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 Spencer Industries Inc" section on this page.