Material Converters Inc Salary

Material Converters Inc Salary

How much does the Material Converters Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Material Converters Inc in the United States is $103,929. This translates to an approximate hourly wage of $50. Salaries at Material Converters Inc typically range from $91,470 to $117,391 annually, reflecting the diverse roles and experience levels within the company. Material Converters 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.
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Current Job Openings at Material Converters Inc

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Is Material Converters Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Material Converters 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
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Average Salary ($/year)
Material Converters Inc
MFG Durable
Connect One Semiconductors Inc
Sangdest Microelectronics Co Ltd
Industry Comparison
Our data shows that, on average, compensation at Material Converters Inc is below the average for the U.S. MFG Durable industry by approximately 15%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Material Converters Inc average annual salary with several similar companies. Material Converters Inc average salary of $103,929 is lower than Connect One Semiconductors Inc, which has an average salary of $110,300. It is lower than Sangdest Microelectronics Co Ltd, with their average salary at $108,296. This places Material Converters Inc in a developing position among its peers.
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How Material Converters Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Material Converters Inc

Considering a career at Material Converters 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.
Training is provided but often general and not role-specific. It’s a reliable workplace that respects time, values results, and celebrates milestones together as a team. For a mid-sized manufacturing firm, the opportunities for growth here are impressive. Benefits are competitive, including health insurance and retirement plans.
Commented in April 26, 2025
45
1
For anyone considering a career in manufacturing, I highly recommend this company. The pace is steady, and expectations are clear. What’s most impressive is the company’s stability—despite market changes, they’ve kept operations smooth. The culture emphasizes professionalism to adapt to change, occasionally causing frustration. Tools and support are available, though innovation take hold here.
Commented in March 13, 2025
41
1
Training is sufficient but could be more comprehensive. Everyone knows their role and executes it well. Competitive salaries and benefits help retain talented staff.
Commented in October 13, 2024
43
3
Modern equipment and up-to-date technology create a productive and innovative work environment. The onboarding process was organized and helpful. Tools and resources are readily available. Employee ideas are actually implemented. Emphasis on quality drives pride in the final product. Company provides tools and resources needed.
Commented in October 02, 2024
31
0
A steady, unremarkable work environment that functions but rarely adapts. Training is comprehensive, and cross-department collaboration is strong. The company feels stable, with steady demand and minimal layoffs.
Commented in January 19, 2024
32
3

Material Converters Inc Overview

Website
Data pending, update soon.
Founded In
1982
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1209 Orange St Wilmington Delaware DE 19801
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Material Converters Inc
Material Converters Inc is a company that operates in the Plastics industry. It employs 51-100 people and has $50M-$100M of revenue. The company is headquartered in Wilmington, Delaware.

What Benefits Does Material Converters Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Material Converters 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 Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Material Converters Inc.
Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Material Converters Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Material Converters Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,550 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Material Converters Inc

1. How much does a Material Converters Inc employee make?

Material Converters Inc pays its employees an average of $103,929 per year. The average salary at Material Converters Inc range from $91,470 to $117,391 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 Material Converters Inc?

The salary at Material Converters Inc is lesser than the similar company. The average annual salary at Material Converters Inc is $103,929, or an hourly wage of $50, in comparison to Connect One Semiconductors Inc which pays $110,300 per year or $53 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Material Converters Inc?

In many roles at Material Converters 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.

4. How does the cost of living near Wilmington affect the perceived value of a Material Converters Inc salary?

Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). This significantly impacts the purchasing power of a salary from Material Converters Inc based there. Our "Cost of Living Insights for Wilmington" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Material Converters Inc typically offer employees?

Material Converters 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 Material Converters Inc" section on this page.

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