Innovative Machine Technology Inc Salary

Innovative Machine Technology Inc Salary

How much does the Innovative Machine Technology Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Innovative Machine Technology Inc in the United States is $90,523. This translates to an approximate hourly wage of $44. Salaries at Innovative Machine Technology Inc typically range from $79,732 to $102,148 annually, reflecting the diverse roles and experience levels within the company. Innovative Machine Technology 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 Innovative Machine Technology Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovative Machine Technology 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 Innovative Machine Technology Inc

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

Is Innovative Machine Technology Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innovative Machine Technology Inc’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
180k
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90k
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Average Salary ($/year)
Innovative Machine Technology Inc
MFG Durable
Apex Components Co
eheat Inc
Industry Comparison
Our data shows that, on average, compensation at Innovative Machine Technology Inc is below the average for the U.S. MFG Durable industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Innovative Machine Technology Inc average annual salary with several similar companies. Innovative Machine Technology Inc average salary of $90,523 is lower than Apex Components Co, which has an average salary of $100,955. It is lower than eheat Inc, with their average salary at $90,692. This places Innovative Machine Technology 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.

How Innovative Machine Technology Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Innovative Machine Technology Inc

Considering a career at Innovative Machine Technology 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.
Working for this manufacturing leader has been incredibly rewarding. Leadership communicates transparently about company performance and market challenges. Everyone knows their role clearly. Their commitment to lean principles, efficiency, and continuous improvement sets a high standard. They promote from within and recognize talent.
Commented in March 02, 2025
14
2
The shift schedule is consistent but rigid. This flexibility has allowed me to grow and stay engaged with my work every day. The work is consistent and expectations are clear. A positive environment to grow professionally. Equipment is reliable, but software updates are rare. Facilities are modern and well-maintained, with the latest manufacturing technologies.
Commented in December 10, 2024
21
0
Leadership cares about employees and works to create a safe and inclusive environment. Career advancement opportunities exist but are limited and competitive. I feel like my work matters here. The benefits package includes health insurance, retirement plans, and wellness initiatives.
Commented in October 23, 2024
9
2

Innovative Machine Technology Inc Overview

Website
www.innovativemachinetech.com
Founded In
1982
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
7591 Chubb Rd Northville Michigan MI 48168
Revenue
$5 Million - $10 Million
Phone Number
+1 2483481630
Social Media
About Innovative Machine Technology Inc
Innovative Machine Technology Inc is a company that operates in the Machinery industry. It employs 6-10 people and has $5M-$10M of revenue. The company is headquartered in Northville, Michigan.

What Benefits Does Innovative Machine Technology Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovative Machine Technology 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Innovative Machine Technology Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Innovative Machine Technology Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Innovative Machine Technology Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovative Machine Technology Inc

1. How much does an Innovative Machine Technology Inc employee make?

Innovative Machine Technology Inc pays its employees an average of $90,523 per year. The average salary at Innovative Machine Technology Inc range from $79,732 to $102,148 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 Innovative Machine Technology Inc?

The salary at Innovative Machine Technology Inc is lesser than the similar company. The average annual salary at Innovative Machine Technology Inc is $90,523, or an hourly wage of $44, in comparison to Apex Components Co which pays $100,955 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Innovative Machine Technology Inc?

In many roles at Innovative Machine Technology 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.

4. How does the cost of living near Detroit affect the perceived value of a Innovative Machine Technology Inc salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Innovative Machine Technology Inc based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Innovative Machine Technology Inc typically offer employees?

Innovative Machine Technology 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 Innovative Machine Technology Inc" section on this page.

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