Waytech Machining Inc Salary

Waytech Machining Inc Salary

How much does the Waytech Machining Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Waytech Machining Inc in the United States is $46. This translates to an approximate annual wage of $96,240. Salaries at Waytech Machining Inc typically range from $41 to $52 hourly, reflecting the diverse roles and experience levels within the company. Waytech Machining 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 Waytech Machining Inc

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Is Waytech Machining Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Waytech Machining 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)
Waytech Machining Inc
MFG Durable
Oak Ridge Machining Inc
Engineering & Machining
Industry Comparison
Our data shows that, on average, compensation at Waytech Machining Inc is below the average for the U.S. MFG Durable industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Waytech Machining Inc average annual salary with several similar companies. Waytech Machining Inc average salary of $96,240 is higher than Oak Ridge Machining Inc, which has an average salary of $84,880. It is higher than Engineering & Machining, with their average salary at $95,428. This places Waytech Machining Inc in a competitive position among its peers.
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Companies Similar to Waytech Machining Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Waytech Machining Inc

Considering a career at Waytech Machining 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.
Employees are dedicated, but management changes affect stability. The team delivers exceptional quality in every batch produced. Facilities are clean, well-lit, and climate-controlled, creating a comfortable work environment. The HR team made onboarding smooth, and my supervisor is approachable and communicative. It suits employees who value routine and predictability over rapid change.
Commented in February 25, 2025
46
0
Flexible work schedules help employees balance their personal and professional lives. The focus on producing quality work is high, but the pressure is never overwhelming. It’s a decent introduction to manufacturing, and it is somehow in-depth. I never feel lost in the shuffle. It's a place where you feel like more than just a number.
Commented in September 09, 2024
45
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A place where everyone knows their role and helps others succeed. Work can be repetitive, with occasional high-pressure periods during peak production. The facility is well-maintained and safe for workers. Supervisors are polite but rarely offer praise.
Commented in July 27, 2024
44
1
The company culture is excellent, promoting collaboration and open communication across all departments. Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. This manufacturing firm excels at blending tradition with innovation. Processes are rigid. Training is provided but and it can be tailored to individual needs. We meet production goals tha...
Commented in May 12, 2024
46
3
Working at this manufacturer has been a career highlight. Those who show initiative and reliability are quickly noticed and rewarded. It’s reassuring to work for a company whose leadership not only understands the complexities of large-scale production but also empowers its workforce. Safety standards are clearly followed, and the facility is clean. I appreciate the strong safety culture and clean...
Commented in March 27, 2024
36
1

Waytech Machining Inc Overview

Website
Data pending, update soon.
Founded In
1997
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
20777 Kensington Blvd Lakeville Minnesota MN 55044
Revenue
<$5 Million
Phone Number
-
Social Media
About Waytech Machining Inc
Waytech Machining Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Lakeville, Minnesota.

What Benefits Does Waytech Machining Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Waytech Machining 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 Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Waytech Machining Inc.
Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Waytech Machining Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Waytech Machining Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (MVTA monthly 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,925 - $4,525+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Waytech Machining Inc

1. What is the average salary for employees at Waytech Machining Inc?

The average total compensation for employees at Waytech Machining Inc is approximately $46 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $41 to $52 per hour, depending on factors like job role, experience, and location.

2. How much does Waytech Machining Inc pay compared to Oak Ridge Machining Inc?

The average annual salary at Waytech Machining Inc is $96,240, or an hourly wage of $46, in comparison to Oak Ridge Machining Inc which pays $84,880 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at Waytech Machining Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Waytech Machining Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Waytech Machining Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Lakeville?

While some companies offer formal COLA, many, including potentially Waytech Machining Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Waytech Machining Inc?

Most companies, likely including Waytech Machining Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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