Mdg Precision Forging Salary

Mdg Precision Forging Salary

How much does the Mdg Precision Forging Pay for employees?

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As of May 2026, the average annual salary for employees at Mdg Precision Forging in the United States is $84,806. This translates to an approximate hourly wage of $41. Salaries at Mdg Precision Forging typically range from $74,664 to $95,759 annually, reflecting the diverse roles and experience levels within the company. Mdg Precision Forging’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 Mdg Precision Forging

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

Is Mdg Precision Forging’s Pay Competitive? Salary Benchmarking Analysis

How does Mdg Precision Forging’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)
Mdg Precision Forging
MFG Durable
Hope Power & Industrial
Hope P&I
Industry Comparison
Our data shows that, on average, compensation at Mdg Precision Forging 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 Mdg Precision Forging average annual salary with several similar companies. Mdg Precision Forging average salary of $84,806 is lower than Hope Power & Industrial, which has an average salary of $89,036. It is lower than Hope P&I, with their average salary at $87,991. This places Mdg Precision Forging in a developing position among its peers.
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How Mdg Precision Forging's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Mdg Precision Forging

Considering a career at Mdg Precision Forging? 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.
Management fosters a culture of mutual respect and continuous learning. What stands out most about working here is the commitment to quality and innovation. Safety practices exist but are sometimes unevenly applied. The experienced workforce maintains time-tested quality standards while adopting the latest smart manufacturing technologies.
Commented in May 07, 2025
42
3
The company takes safety seriously with constant reminders, drills, and improvements. The processes are well-documented, and production targets are realistic. Production is steady but occasionally impacted by minor delays. Production lines operate efficiently, safety is prioritized, and employees are treated with respect. Support staff are competent but overstretched. The factory is organized, saf...
Commented in November 30, 2024
27
0
Recognition programs celebrate employee achievements regularly. The organization focuses on employee well-being and process improvement. It’s a reliable workplace that respects time, values results, and celebrates milestones together as a team.
Commented in July 09, 2024
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The work is consistent and expectations are clear. Coworkers are helpful, and it’s easy to build strong relationships. It provides a sense of direction and purpose in our daily tasks.
Commented in January 17, 2024
38
1

Mdg Precision Forging Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
10130 Hwy 178 Olive Branch Mississippi MS 38654
Revenue
<$5 Million
Phone Number
+1 6628959640
Social Media
About Mdg Precision Forging
Mdg Precision Forging is a company that operates in the Machinery industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Olive Branch, Mississippi.

What Benefits Does Mdg Precision Forging Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mdg Precision Forging 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 Olive Branch?

Understanding the cost of living near Olive Branch is key to truly evaluating a salary offer or your current compensation at Mdg Precision Forging.
Olive Branch's Cost of Living Index is approximately 88.1 (11.9% less expensive than US average; 2.4% more than MS average). Memphis, TN suburb (DeSoto Co.), growing, affordable housing. Limited local transit. When planning your budget based on a salary from Mdg Precision Forging, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Mdg Precision Forging salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,220 - $3,600+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mdg Precision Forging

1. How much does a Mdg Precision Forging employee make?

Mdg Precision Forging pays its employees an average of $84,806 per year. The average salary at Mdg Precision Forging range from $74,664 to $95,759 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 Mdg Precision Forging?

The salary at Mdg Precision Forging is lesser than the similar company. The average annual salary at Mdg Precision Forging is $84,806, or an hourly wage of $41, in comparison to Hope Power & Industrial which pays $89,036 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Mdg Precision Forging?

In many roles at Mdg Precision Forging, 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 Olive Branch affect the perceived value of a Mdg Precision Forging salary?

Olive Branch's Cost of Living Index is approximately 88.1 (11.9% less expensive than US average; 2.4% more than MS average). This significantly impacts the purchasing power of a salary from Mdg Precision Forging based there. Our "Cost of Living Insights for Olive Branch" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Mdg Precision Forging typically offer employees?

Mdg Precision Forging 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 Mdg Precision Forging" section on this page.

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