Lacks Enterprises Salary

How Much Does Lacks Enterprises Pay for employees?

As of August 2026, the average hourly salary for employees at Lacks Enterprises in the United States is $42. This translates to an approximate annual wage of $86,622. Salaries at Lacks Enterprises typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company. Lacks Enterprises’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 Lacks Enterprises Pay for Different Roles?

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.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

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.

Turn Insight into Opportunity: Current Job Openings

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About Lacks Enterprises: Company Profile

Website
www.lacksenterprises.com
Founded In
1961
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Location
GRAND RAPIDS
Revenue
$500 Million - $1B
Phone Number
-
Social Media
About LACKS ENTERPRISES
Lacks is an automobile company that manufactures and supplies groundbreaking products and wheel assembly components for the automotive sector.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Lacks Enterprises's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Employees are provided with the tools and training needed to succeed. I'm proud to be part of a manufacturing company that not only excels in its industry but also takes great care of its employees. This company truly values its people. Management is responsive, encouraging feedback and implementing practical improvements. They don’t just sit in offices — they walk the floor and check in regularly...
Management is supportive, offering guidance and opportunities for growth. Career paths are available and it is somehow clearly communicated. This culture of appreciation boosts morale and motivates everyone to do their best work consistently. Production meets demand but struggles with peak periods. Employees receive solid benefits and enjoy job security but sometimes experience limited communicati...
It’s a dependable workplace that helps you improve your skills every day. Managers listen and act on feedback. I like that management walks the floor often and checks in with employees regularly.

Is Lacks Enterprises’s Pay Competitive? Salary Benchmarking Analysis

How does Lacks Enterprises’s compensation stack up against the market? This analysis visualizes their 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)
Lacks Enterprises
MFG Durable
LACKS
CHAMPION WINDOW LP
Industry Comparison
Our data shows that, on average, compensation at Lacks Enterprises is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lacks Enterprises average annual salary with several similar companies. Lacks Enterprises average salary of $86,622 is higher than LACKS, which has an average salary of $85,819. It is lower than CHAMPION WINDOW LP, with their average salary at $86,806. This places Lacks Enterprises in a mid-range 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.

What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Lacks Enterprises.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Lacks Enterprises, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Lacks Enterprises salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Lacks Enterprises

FAQ 1: How much does a Lacks Enterprises employee make?
Lacks Enterprises pays its employees an average of $42 per hour. The average salary at Lacks Enterprises range from $37 to $47 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.
FAQ 2: Which similar company tend to pay more or less than Lacks Enterprises?
The salary at Lacks Enterprises is higher than the similar company. The average annual salary at Lacks Enterprises is $86,622, or an hourly wage of $42, in comparison to LACKS which pays $85,819 per year or $41 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Lacks Enterprises?
In many roles at Lacks Enterprises, 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.
FAQ 4: How does the cost of living near Grand Rapids affect the perceived value of a Lacks Enterprises salary?
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Lacks Enterprises based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Lacks Enterprises typically offer employees?
Lacks Enterprises 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 Lacks Enterprises" section on this page.