Michel's Industries Ltd Salary

How much does the Michel's Industries Ltd Pay for employees?

As of October 2026, the average annual salary for employees at Michel's Industries Ltd in the United States is $111,123. This translates to an approximate hourly wage of $53. Salaries at Michel's Industries Ltd typically range from $97,830 to $125,475 annually, reflecting the diverse roles and experience levels within the company. Michel's Industries Ltd’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 Michel's Industries Ltd

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Is Michel's Industries Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Michel's Industries Ltd’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)
Michel's Industries Ltd
MFG Durable
NAURA Akrion Inc
Akriform Plast AB
Industry Comparison
Our data shows that, on average, compensation at Michel's Industries Ltd is below the average for the U.S. MFG Durable industry by approximately 9%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Michel's Industries Ltd average annual salary with several similar companies. Michel's Industries Ltd average salary of $111,123 is higher than NAURA Akrion Inc, which has an average salary of $89,373. It is higher than Akriform Plast AB, with their average salary at $88,814. This places Michel's Industries Ltd in a competitive position among its peers.
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Employee Reviews: Working at Michel's Industries Ltd

Considering a career at Michel's Industries Ltd? 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.
I’ve worked here for years and still learn something new regularly. This synergy not only enhances efficiency but also fosters a supportive and engaging workplace. It's more than just a job; it's a place to build a future. The company uses modern machinery and technology, improving productivity and job satisfaction.
Managers recognize achievements, and feedback is constructive. The company follows procedures well, and everything is fairly consistent. The atmosphere is neutral and inoffensive overall. Strong leadership drives our team’s success daily. Leadership encourages open dialogue and invests in employee training and career advancement. The company also provides good benefits and career growth opportunit...
Equipment is modern and frequently updated. I'm continually impressed by the strong sense of teamwork and camaraderie at this manufacturing plant. The facilities are modern, clean, and well-maintained.
Innovative methods boost our manufacturing efficiency significantly. It’s a great place to grow in the manufacturing industry. Most departments function well independently, but inter-department communication could improve.
I also appreciate the break schedules and amenities—small things that show the company cares. I greatly appreciate commitment to innovation and adopting cutting-edge technologies. What I appreciate most is how the company reinvests in both technology and people - it's clear they view employees as their most valuable asset in maintaining manufacturing excellence.

Michel's Industries Ltd Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
5 Harborside Jersey City New Jersey NJ 07311
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Michel's Industries Ltd
Michel's Industries Ltd is a company that operates in the Machinery industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Jersey City, New Jersey.

What Benefits Does Michel's Industries Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Michel's Industries Ltd 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Michel's Industries Ltd.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Michel's Industries Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Michel's Industries Ltd salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Michel's Industries Ltd

1. How much does a Michel's Industries Ltd employee make?

Michel's Industries Ltd pays its employees an average of $111,123 per year. The average salary at Michel's Industries Ltd range from $97,830 to $125,475 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 Michel's Industries Ltd?

The salary at Michel's Industries Ltd is higher than the similar company. The average annual salary at Michel's Industries Ltd is $111,123, or an hourly wage of $53, in comparison to NAURA Akrion Inc which pays $89,373 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Michel's Industries Ltd?

In many roles at Michel's Industries Ltd, 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 Jersey City affect the perceived value of a Michel's Industries Ltd salary?

Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Michel's Industries Ltd based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Michel's Industries Ltd typically offer employees?

Michel's Industries Ltd 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 Michel's Industries Ltd" section on this page.