Michigan Motor Exchange Salary

How much does the Michigan Motor Exchange Pay for employees?

As of August 2026, the average annual salary for employees at Michigan Motor Exchange in the United States is $88,624. This translates to an approximate hourly wage of $43. Salaries at Michigan Motor Exchange typically range from $78,064 to $100,002 annually, reflecting the diverse roles and experience levels within the company. Michigan Motor Exchange’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 Michigan Motor Exchange Pay for Different Roles?

Explore detailed salary information for specific jobs at Michigan Motor Exchange. 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.
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Current Job Openings at Michigan Motor Exchange

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

Is Michigan Motor Exchange’s Pay Competitive? Salary Benchmarking Analysis

How does Michigan Motor Exchange’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)
Michigan Motor Exchange
MFG Durable
LCL Truck Equipment Inc
Secured2 Corp
Industry Comparison
Our data shows that, on average, compensation at Michigan Motor Exchange is below the average for the U.S. MFG Durable industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Michigan Motor Exchange average annual salary with several similar companies. Michigan Motor Exchange average salary of $88,624 is higher than LCL Truck Equipment Inc, which has an average salary of $80,713. It is lower than Secured2 Corp, with their average salary at $94,658. This places Michigan Motor Exchange 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.

Employee Reviews: Working at Michigan Motor Exchange

Considering a career at Michigan Motor Exchange? 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.
What stands out is the culture of mutual respect across all levels and departments. 25% rejection rate - best in our 15-year history. The manufacturing processes are efficient, and there's a strong collective focus on achieving quality outcomes. It’s a great balance of professionalism, teamwork, and innovation throughout.
Flexible scheduling options allow employees to balance personal and professional commitments. Coworkers are respectful, though collaboration is limited. I’ve stayed because the culture values hard work, but doesn’t burn you out. I appreciate the strong safety culture and clean work environment. The work environment is collaborative, with teams working closely to meet production goals efficiently.
Employees experience job security and typical benefits, but workload and communication challenges persist. Shift work schedules can be demanding and affect work-life balance. Safety is not just a buzzword—it’s a daily focus. Safety is a top priority, and protocols are taken seriously. Working here has changed my perspective on manufacturing careers. Competitive compensation and flexible work sched...

Michigan Motor Exchange Overview

Website
www.michmo.com
Founded In
1945
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
7677 Highland Rd Waterford Michigan MI 48327
Revenue
<$5 Million
Phone Number
+1 2486662550
Social Media
About Michigan Motor Exchange
At Michigan Motor Exchange, we specialize in engine replacement. Frequently these vehicles require repairs other than those in which we specialize, i.e. brakes, shocks, exhaust, drivability, and even tires or body work. There is also a direct link you receive from the marketing efforts of Michigan Motor Exchange. We spend thousands of dollars for advertising every year, spread over many categories

What Benefits Does Michigan Motor Exchange Offer Beyond Salary?

A competitive compensation package is more than just a salary. Michigan Motor Exchange 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Waterford?

Understanding the cost of living near Waterford is key to truly evaluating a salary offer or your current compensation at Michigan Motor Exchange.
Waterford's Cost of Living Index is approximately 92.8 (7.2% less expensive than US average; 1.6% more than MI average). Oakland County township, many lakes, affordable housing. SMART bus. When planning your budget based on a salary from Michigan Motor Exchange, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Michigan Motor Exchange salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,260 - $3,520+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Michigan Motor Exchange

1. What is the typical salary range (low to high) for most roles at Michigan Motor Exchange?

The typical annual salary range for most roles at Michigan Motor Exchange is approximately from $78,064 to $100,002. 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 Michigan Motor Exchange pay compared to LCL Truck Equipment Inc?

The average annual salary at Michigan Motor Exchange is $88,624, or an hourly wage of $43, in comparison to LCL Truck Equipment Inc which pays $80,713 per year or $39 per hour.

3. Do salaries differ significantly between departments at Michigan Motor Exchange?

Yes, salaries often differ between departments at Michigan Motor Exchange due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Michigan Motor Exchange?

Experience level is a significant factor in determining salary at Michigan Motor Exchange, 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.

5. How can I determine if a salary offer from Michigan Motor Exchange in Waterford is fair given the local cost of living?

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

6. What factors influence salary increases at Michigan Motor Exchange?

Salary increases at Michigan Motor Exchange are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.