Lock Drives Inc Salary

Lock Drives Inc Salary

How much does the Lock Drives Inc Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average weekly salary for employees at Lock Drives Inc in the United States is $1,749. This translates to an approximate annual wage of $90,945. Salaries at Lock Drives Inc typically range from $1,540 to $1,975 weekly, reflecting the diverse roles and experience levels within the company. Lock Drives 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 Lock Drives Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lock Drives 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.
How accurate does the salary look to you?

Current Job Openings at Lock Drives Inc

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

Is Lock Drives Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lock Drives 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
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Lock Drives Inc
MFG Durable
Circle Gear & Machine Company Inc
Timron Precision Gear Inc
Industry Comparison
Our data shows that, on average, compensation at Lock Drives Inc is below the average for the U.S. MFG Durable industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lock Drives Inc average annual salary with several similar companies. Lock Drives Inc average salary of $90,945 is lower than Circle Gear & Machine Company Inc, which has an average salary of $99,352. It is lower than Timron Precision Gear Inc, with their average salary at $92,822. This places Lock Drives Inc in a developing 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.

How Lock Drives Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lock Drives Inc

Considering a career at Lock Drives 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.
Supervisors communicate well and help solve problems quickly. Strong teamwork fosters efficient and high-quality production. What sets this company apart is its people-first approach. People take pride in doing things right the first time. Workflow is organized, but efficiency varies by team.
Commented in March 09, 2025
29
3
Safety protocols are prioritized and well enforced. They are transparent in their communications and always make time to listen to employees. Management listens to feedback. I feel like my skills are respected and used meaningfully. Working at this manufacturing plant has been an incredibly rewarding experience. This manufacturing firm stands out for its commitment to operational excellence.
Commented in June 07, 2024
28
3
Communication is average; could be more transparent. The emphasis on safety and process improvement shows they care about doing things right. At this company, employees experience a supportive workplace with a clear focus on safety and quality standards. The work-life balance is surprisingly good for a manufacturing environment.
Commented in February 01, 2024
22
1

Lock Drives Inc Overview

Website
www.lockdrives.com
Founded In
1844
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
11198 Downs Rd Pineville North Carolina NC 28134
Revenue
$10 Million - $50 Million
Phone Number
+1 7045881844
Social Media
About Lock Drives Inc
Lock Drives Inc. was founded February 7th, 2008 as 100% daughter company of Lock Antriebstechnik GmbH out of Germany. Before this, Lock has operated with a support center called "Lock Drives USA" starting 2000 onwards. Lock Drives is handling the sale and service of Lock Products in the US and Canada. Sales support, technical consulting and application engineering are provided as well as stock man

What Benefits Does Lock Drives Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lock Drives 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)
Work at Lock Drives Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Lock Drives Inc.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Lock Drives Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Lock Drives Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lock Drives Inc

1. How much does a Lock Drives Inc employee make?

Lock Drives Inc pays its employees an average of $90,945 per year. The average salary at Lock Drives Inc range from $80,080 to $102,685 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 Lock Drives Inc?

The salary at Lock Drives Inc is lesser than the similar company. The average annual salary at Lock Drives Inc is $90,945, or an hourly wage of $44, in comparison to Circle Gear & Machine Company Inc which pays $99,352 per year or $48 per hour.

3. How much does a Managing Director typically earn at Lock Drives Inc?

A Managing Director at Lock Drives Inc typically earns an average annual base salary of around $703,993, with a general range of $539,340 to $885,931.

4. Do employees with advanced degrees (Master's, PhD) earn more at Lock Drives Inc?

In many roles at Lock Drives 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.

5. How does the cost of living near Charlotte affect the perceived value of a Lock Drives Inc salary?

Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). This significantly impacts the purchasing power of a salary from Lock Drives Inc based there. Our "Cost of Living Insights for Charlotte" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lock Drives Inc typically offer employees?

Lock Drives 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 Lock Drives Inc" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning