Lagerquist Elevator Inc Salary

Lagerquist Elevator Inc Salary

How much does the Lagerquist Elevator Inc Pay for employees?

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As of July 2026, the average hourly salary for employees at Lagerquist Elevator Inc in the United States is $51. This translates to an approximate annual wage of $106,155. Salaries at Lagerquist Elevator Inc typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company. Lagerquist Elevator 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 Lagerquist Elevator Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lagerquist Elevator 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 Lagerquist Elevator Inc

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

Is Lagerquist Elevator Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lagerquist Elevator 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
180k
150k
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90k
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30k
0
Average Salary ($/year)
Lagerquist Elevator Inc
MFG Durable
Dutchmen RV Inc
Industrial Cranes Manufacturer
Industry Comparison
Our data shows that, on average, compensation at Lagerquist Elevator Inc is below the average for the U.S. MFG Durable industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lagerquist Elevator Inc average annual salary with several similar companies. Lagerquist Elevator Inc average salary of $106,155 is higher than Dutchmen RV Inc, which has an average salary of $91,419. It is higher than Industrial Cranes Manufacturer, with their average salary at $94,900. This places Lagerquist Elevator Inc 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.

Companies Similar to Lagerquist Elevator Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Lagerquist Elevator Inc

Considering a career at Lagerquist Elevator 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.
It's a place where you feel like more than just a number. They also encourage continuous learning, providing resources for us to improve our skills. I’m constantly impressed by our commitment to quality.
Commented in February 22, 2025
29
1
It’s a solid job where you feel like a valuable part of the team. Training is comprehensive, covering technical skills and leadership development. It’s a fast-paced but supportive environment where you feel part of something that truly matters to the community. Safety protocols are strictly enforced, creating a secure work environment.
Commented in February 10, 2025
44
3
The focus on lean manufacturing principles eliminates wasteful practices while improving working conditions. I’ve built great relationships and gained confidence in my role here. They provide excellent training and are always open to new ideas, which makes you feel empowered. My experience has been relatively uneventful. Clean environment, efficient workflows, and respectful coworkers. Leadership ...
Commented in December 16, 2024
41
3
Friendly environment with respectful and helpful coworkers. The compensation structure fairly rewards both individual and team performance. 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. The operations are efficient, and innovation is welcomed at all levels. However, change and ideas for improvement are often delayed...
Commented in January 24, 2024
9
3

Lagerquist Elevator Inc Overview

Website
www.meiusa.com
Founded In
1986
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
7974 Lochlin Dr Brighton Michigan MI 48116
Revenue
$50 Million - $200 Million
Phone Number
+1 2484864017
Social Media
About Lagerquist Elevator Inc
MEI founded in 1971 and headquartered in Mankato, Minnesota is a manufacturer of various types of elevators packages and elevator components.

What Benefits Does Lagerquist Elevator Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lagerquist Elevator 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 Lagerquist Elevator 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 Lagerquist Elevator 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 Lagerquist Elevator 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 Lagerquist Elevator Inc

1. What is the typical salary range (low to high) for most roles at Lagerquist Elevator Inc?

The typical salary range for most roles at Lagerquist Elevator Inc is approximately from $45 to $58 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.

2. How much does Lagerquist Elevator Inc pay compared to Dutchmen RV Inc?

The average annual salary at Lagerquist Elevator Inc is $106,155, or an hourly wage of $51, in comparison to Dutchmen RV Inc which pays $91,419 per year or $44 per hour.

3. Do salaries differ significantly between departments at Lagerquist Elevator Inc?

Yes, salaries often differ between departments at Lagerquist Elevator Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Lagerquist Elevator Inc?

Experience level is a significant factor in determining salary at Lagerquist Elevator Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Lagerquist Elevator Inc in Detroit is fair given the local cost of living?

To determine if a salary offer from Lagerquist Elevator Inc in Detroit is fair, first compare the gross salary to our data for similar roles at Lagerquist Elevator Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Detroit" to understand its purchasing power.

6. What are the key factors that influence salary levels at Lagerquist Elevator Inc?

Several key factors influence salary levels at Lagerquist Elevator Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Lagerquist Elevator Inc likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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