Industrial Encoder Corp Salary

Industrial Encoder Corp Salary

How much does the Industrial Encoder Corp Pay for employees?

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As of August 2026, the average hourly salary for employees at Industrial Encoder Corp in the United States is $46. This translates to an approximate annual wage of $95,059. Salaries at Industrial Encoder Corp typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. Industrial Encoder Corp’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 Industrial Encoder Corp

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Is Industrial Encoder Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Encoder Corp’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
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Average Salary ($/year)
Industrial Encoder Corp
Retail & Wholesale
Hastings Industrial Co
Industrial Prodcuts
Industry Comparison
Our data shows that, on average, compensation at Industrial Encoder Corp is below the average for the U.S. Retail & Wholesale industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Industrial Encoder Corp average annual salary with several similar companies. Industrial Encoder Corp average salary of $95,059 is lower than Hastings Industrial Co, which has an average salary of $98,455. It is lower than Industrial Prodcuts, with their average salary at $99,446. This places Industrial Encoder Corp in a developing position among its peers.
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Companies Similar to Industrial Encoder Corp and Their Hourly Pay Rates

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

Employee Reviews: Working at Industrial Encoder Corp

Considering a career at Industrial Encoder Corp? 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.
Managers respect personal time, and overtime is rare. The team is cooperative, and tasks are clearly defined. This company offers a friendly and inclusive workplace. Competitive pay and growth opportunities.
Commented in February 01, 2025
42
3
It’s a fantastic place to grow in the retail industry. The retail discounts are a great perk, and leadership is open to feedback. The team is professional, and communication is clear. The company culture here is fantastic—friendly, inclusive, and motivating. Colleagues are friendly, and schedules are flexible. The team is helpful, and processes are well-defined. There are plenty of learning opport...
Commented in August 05, 2024
50
0
The team is collaborative, and management is accessible. The company provides standard benefits, and the office setup is functional. Benefits are average, but the team is cooperative.
Commented in January 04, 2024
11
1

Industrial Encoder Corp Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
10761 Ahern Ave SE Watertown Minnesota MN 55388
Revenue
<$5 Million
Phone Number
+1 9054757400
Social Media
About Industrial Encoder Corp
Industrial Encoder Corp 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 Watertown, Minnesota.

What Benefits Does Industrial Encoder Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Encoder Corp 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Industrial Encoder Corp.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Industrial Encoder Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Industrial Encoder Corp salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Industrial Encoder Corp

1. What is the average salary for employees at Industrial Encoder Corp?

The average total compensation for employees at Industrial Encoder Corp is approximately $46 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $40 to $52 per hour, depending on factors like job role, experience, and location.

2. How much does Industrial Encoder Corp pay compared to Hastings Industrial Co?

The average annual salary at Industrial Encoder Corp is $95,059, or an hourly wage of $46, in comparison to Hastings Industrial Co which pays $98,455 per year or $47 per hour.

3. How does having a professional certification impact salary for relevant roles at Industrial Encoder Corp?

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 Industrial Encoder Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Industrial Encoder Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Industrial Encoder Corp, 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 Industrial Encoder Corp?

Most companies, likely including Industrial Encoder Corp, 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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