Machining & Welding Salary

Machining & Welding Salary

How much does the Machining & Welding Pay for employees?

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As of July 2026, the average annual salary for employees at Machining & Welding in the United States is $85,154. This translates to an approximate hourly wage of $41. Salaries at Machining & Welding typically range from $75,004 to $96,088 annually, reflecting the diverse roles and experience levels within the company. Machining & Welding’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 Machining & Welding Pay for Different Roles?

Explore detailed salary information for specific jobs at Machining & Welding. 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 Machining & Welding

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

Is Machining & Welding’s Pay Competitive? Salary Benchmarking Analysis

How does Machining & Welding’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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90k
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Average Salary ($/year)
Machining & Welding
MFG Durable
ICD Europe Ltd
Yankee Soldering Technology Inc
Industry Comparison
Our data shows that, on average, compensation at Machining & Welding is below the average for the U.S. MFG Durable industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Machining & Welding average annual salary with several similar companies. Machining & Welding average salary of $85,154 is higher than ICD Europe Ltd, which has an average salary of $84,700. It is lower than Yankee Soldering Technology Inc, with their average salary at $93,540. This places Machining & Welding 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.

How Machining & Welding's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Machining & Welding

Considering a career at Machining & Welding? 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.
Safety is emphasized, but innovation seems limited. Flexible shift schedules support a balanced lifestyle. Clear communication from leadership fosters trust and transparency.
Commented in April 13, 2025
49
0
The company invests in modern equipment and technology, which helps employees complete tasks effectively and safely. Promotion is possible but highly competitive. Tasks are assigned clearly, and performance expectations are measurable. Most communication comes from supervisors.
Commented in March 17, 2025
23
0
Work can be repetitive depending on department. It’s rare to find such a structured yet flexible environment. Meetings are purposeful, and goals are achievable. Physical demands are part of the job, especially for production roles. It’s reassuring to work for a company whose leadership not only understands the complexities of large-scale production but also empowers its workforce. Processes are cl...
Commented in June 04, 2024
9
2

Machining & Welding Overview

Website
www.machiningandwelding.com
Founded In
1966
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
250 Olsen Blvd NE Cokato Minnesota MN 55321
Revenue
<$5 Million
Phone Number
+1 8883179016
Social Media
About Machining & Welding
Machining and Welding by Olsen, Inc. is a Minnesota company serving local and national customers since 1982. We proudly provide products and services to the aerospace, defense, food processing, manufacturing and power generation industries. We provide complete support for all your needs. From design, engineering and prototyping services to short run and high run production. For over 25 years, we'v

What Benefits Does Machining & Welding Offer Beyond Salary?

A competitive compensation package is more than just a salary. Machining & Welding 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Machining & Welding.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Machining & Welding, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Machining & Welding salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Machining & Welding

1. How much does Machining & Welding in the United States pay?

Machining & Welding pays its employees an average of $85,154 per year. The average salary at Machining & Welding range from $75,004 to $96,088 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. Do Machining & Welding employees get a higher salary than its peer company?

The salary at Machining & Welding is higher than its peer company. The average annual salary at Machining & Welding is $85,154, or an hourly wage of $41, in comparison to ICD Europe Ltd which pays $84,700 per year or $41 per hour.

3. What are the highest paying jobs at Machining & Welding?

The higher-paying job at Machining & Welding, according to our data, include Design Engineer (avg. $104,012 per year), Manager, Production (avg. $94,772 per year), and Finance Specialist (avg. $62,035 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Machining & Welding?

Salary progression with years of experience at Machining & Welding is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Machining & Welding vary by office location?

Yes, it's very likely that salaries at Machining & Welding vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Minneapolis section provides more context.

6. Does Machining & Welding offer good benefits?

Machining & Welding typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Machining & Welding" section on this page.

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