Industrial Modern Pattern & Mold Salary

How much does the Industrial Modern Pattern & Mold Pay for employees?

As of July 2026, the average annual salary for employees at Industrial Modern Pattern & Mold in the United States is $92,063. This translates to an approximate hourly wage of $44. Salaries at Industrial Modern Pattern & Mold typically range from $81,088 to $103,892 annually, reflecting the diverse roles and experience levels within the company. Industrial Modern Pattern & Mold’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 Industrial Modern Pattern & Mold Pay for Different Roles?

Explore detailed salary information for specific jobs at Industrial Modern Pattern & Mold. 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 Industrial Modern Pattern & Mold

Ready for your next career move? Explore current job openings at Industrial Modern Pattern & Mold. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Industrial Modern Pattern & Mold’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Modern Pattern & Mold’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Industrial Modern Pattern & Mold
MFG Durable
Unique Tool & Die LLC
Evil Bikes LLC
Industry Comparison
Our data shows that, on average, compensation at Industrial Modern Pattern & Mold is below the average for the U.S. MFG Durable industry by approximately 24%. 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 Modern Pattern & Mold average annual salary with several similar companies. Industrial Modern Pattern & Mold average salary of $92,063 is higher than Unique Tool & Die LLC, which has an average salary of $78,804. It is higher than Evil Bikes LLC, with their average salary at $89,932. This places Industrial Modern Pattern & Mold in a competitive 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.

Employee Reviews: Working at Industrial Modern Pattern & Mold

Considering a career at Industrial Modern Pattern & Mold? 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.
Communication is formal to address employee concerns. Employee facility runs like a well-oiled machine thanks to strong leadership and engaged workers. 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. It helps me stay focused and efficient without feeling overwhelmed or burned out. The compan...
They offer a clear path for advancement and great on-the-job training. Management provides clear performance metrics so everyone understands their contribution to overall success. The right place for skilled professionals.
Production schedules are realistic, and the team works together with purpose. There’s a real sense of pride in our output. Work can be repetitive, with occasional high-pressure periods during peak production. The company invests heavily in state-of-the-art equipment and automation technology, making our jobs safer and more efficient. The pace is steady, and expectations are clear. This manufacturi...

Industrial Modern Pattern & Mold Overview

Website
www.industrialmodern.com
Founded In
1971
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
970 Nicholas Blvd Elk Grove Village Illinois IL 60007
Revenue
<$5 Million
Phone Number
+1 8472964930
Social Media
About Industrial Modern Pattern & Mold
For over 40 years, IMPM has been at the forefront of prototyping. From our start as a pattern shop to our evolution as a full service prototyping shop, IMPM has strived for continuous improvement. Three generations of innovation have made us stand out in the industry. From Louis Sr. starting a pattern shop focused on the highest quality and Louis Jr.'s awareness of an evolving industry, to Jared p

What Benefits Does Industrial Modern Pattern & Mold Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Modern Pattern & Mold 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Industrial Modern Pattern & Mold.
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 Industrial Modern Pattern & Mold, 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 Industrial Modern Pattern & Mold 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 Industrial Modern Pattern & Mold

1. How much does an Industrial Modern Pattern & Mold employee make?

Industrial Modern Pattern & Mold pays its employees an average of $92,063 per year. The average salary at Industrial Modern Pattern & Mold range from $81,088 to $103,892 per year. 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 Industrial Modern Pattern & Mold?

The salary at Industrial Modern Pattern & Mold is higher than the similar company. The average annual salary at Industrial Modern Pattern & Mold is $92,063, or an hourly wage of $44, in comparison to Unique Tool & Die LLC which pays $78,804 per year or $38 per hour.

3. How much does a President typically earn at Industrial Modern Pattern & Mold?

A President at Industrial Modern Pattern & Mold typically earns an average annual base salary of around $712,648, with a general range of $546,128 to $896,347.

4. Do employees with advanced degrees (Master's, PhD) earn more at Industrial Modern Pattern & Mold?

In many roles at Industrial Modern Pattern & Mold, 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 Chicago affect the perceived value of a Industrial Modern Pattern & Mold 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 Industrial Modern Pattern & Mold based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Industrial Modern Pattern & Mold typically offer employees?

Industrial Modern Pattern & Mold 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 Industrial Modern Pattern & Mold" section on this page.