Lorenz Engineering Salary

Lorenz Engineering Salary

How much does the Lorenz Engineering Pay for employees?

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As of August 2026, the average monthly salary for employees at Lorenz Engineering in the United States is $8,172. This translates to an approximate annual wage of $98,065. Salaries at Lorenz Engineering typically range from $7,180 to $9,250 monthly, reflecting the diverse roles and experience levels within the company. Lorenz Engineering’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.
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Current Job Openings at Lorenz Engineering

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Is Lorenz Engineering’s Pay Competitive? Salary Benchmarking Analysis

How does Lorenz Engineering’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)
Lorenz Engineering
Business Services
The Title Guy
EngineeringPeople
Industry Comparison
Our data shows that, on average, compensation at Lorenz Engineering is below the average for the U.S. Business Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lorenz Engineering average annual salary with several similar companies. Lorenz Engineering average salary of $98,065 is higher than The Title Guy, which has an average salary of $90,744. It is higher than EngineeringPeople, with their average salary at $90,776. This places Lorenz Engineering in a competitive position among its peers.
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How Lorenz Engineering's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lorenz Engineering

Considering a career at Lorenz Engineering? 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.
This company provides consistent roles and defined expectations. The atmosphere is professional, innovation is prioritized. A structured work environment with clearly defined processes and expectations. Management has a good system for acknowledging hard work and achievements, which is very motivating.
Commented in April 21, 2025
16
1
Training exists, but its quality depends on department. There’s a very low level of internal politics here. It’s a solid workplace for those who value stability and structure,appeal to those seeking a fast-moving, highly dynamic environment. It’s a good fit if you prefer predictability over dynamic challenges. Leadership here leads by example. The work environment is professional, though not parti...
Commented in October 22, 2024
24
2
The flat organizational structure is a breath of fresh air. The work is engaging and aligned with my skills. Leadership is fine, but communication could be improve. This exposure to different functions has broadened my skill set and helped me understand how all the pieces of our company fit together.
Commented in February 09, 2024
14
1

Lorenz Engineering Overview

Website
www.lorenzeng.com
Founded In
1980
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
120 S La Salle St Chicago Illinois IL 60603
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Lorenz Engineering
Lorenz Engineering is a division of The Salem Group, an award-winning strategic staffing firm. Salem is a multi-year recipient of Inavero's Best of Staffing Award, as well as the winner of the Best Places to Work in Illinois and Best & Brightest Companies to Work For awards. Lorenz Engineering specializes in providing best-in-class engineering consulting and recruitment services to leading clients

What Benefits Does Lorenz Engineering Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lorenz Engineering 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 Lorenz Engineering.
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 Lorenz Engineering, 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 Lorenz Engineering 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 Lorenz Engineering

1. What is the typical salary range (low to high) for most roles at Lorenz Engineering?

The typical annual salary range for most roles at Lorenz Engineering is approximately from $86,165 to $111,001. 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 Lorenz Engineering pay compared to The Title Guy?

The average annual salary at Lorenz Engineering is $98,065, or an hourly wage of $47, in comparison to The Title Guy which pays $90,744 per year or $44 per hour.

3. How does experience level affect salary at Lorenz Engineering?

Experience level is a significant factor in determining salary at Lorenz Engineering, 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.

4. How can I determine if a salary offer from Lorenz Engineering in Chicago is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Lorenz Engineering?

Several key factors influence salary levels at Lorenz Engineering. 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: Lorenz Engineering likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.

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