mip m k electronics Inc Salary

How much does the mip m k electronics Inc Pay for employees?

As of August 2026, the average weekly salary for employees at mip m k electronics Inc in the United States is $1,911. This translates to an approximate annual wage of $99,352. Salaries at mip m k electronics Inc typically range from $1,680 to $2,161 weekly, reflecting the diverse roles and experience levels within the company. mip m k electronics 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 mip m k electronics Inc

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Is mip m k electronics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does mip m k electronics 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)
mip m k electronics Inc
Retail & Wholesale
ERNI Electronics Inc
Kkh Communication & Electronics
Industry Comparison
Our data shows that, on average, compensation at mip m k electronics Inc is below the average for the U.S. Retail & Wholesale industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared mip m k electronics Inc average annual salary with several similar companies. mip m k electronics Inc average salary of $99,352 is higher than ERNI Electronics Inc, which has an average salary of $97,875. It is higher than Kkh Communication & Electronics, with their average salary at $98,466. This places mip m k electronics Inc in a competitive position among its peers.
See Your True Competitors
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Employee Reviews: Working at mip m k electronics Inc

Considering a career at mip m k electronics 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.
I’ve built strong relationships with my colleagues, and management is always open to new ideas. The retail hours can be long, but it’s worth it. I’ve developed valuable skills here and would recommend it to others in the industry. The job is what you’d expect in retail—consistent hours, decent coworkers, and standard benefits.
The workplace is well-organized, and expectations are clear. Tasks are clearly defined, and schedules are consistent. I love the team spirit here. Coworkers are collaborative, making it a pleasant workplace. If you’re looking for stability and growth, this is a solid choice. A no-drama workplace. This company provides a great work atmosphere. The retail environment is clean, and schedules are cons...
The training programs have helped me develop valuable skills. The team is professional, and management provides necessary resources. The team works well together, and the management is open and accessible. The work-life balance is reasonable, and the benefits are competitive for the industry.
The company also supports continuous learning, which is invaluable. Great workplace with a focus on employee development. The company culture is inclusive and motivating.
Very satisfied working here. Great company with a strong reputation in retail. Career growth is possible but requires proactive effort. Compensation is competitive, and there are frequent incentives for high performers. The company operates efficiently with clear processes.

mip m k electronics Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
2848 N Cicero Ave Chicago Illinois IL 60641
Revenue
<$5 Million
Phone Number
-
Social Media
About mip m k electronics Inc
mip m k electronics Inc is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does mip m k electronics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. mip m k electronics 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at mip m k electronics Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from mip m k electronics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of mip m k electronics Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of mip m k electronics Inc

1. What is the estimated average total compensation at mip m k electronics Inc?

Salary.com estimates that the average total compensation package at mip m k electronics Inc, which can include base salary, potential bonuses, and benefits, is around $99,352 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does mip m k electronics Inc pay compared to ERNI Electronics Inc?

The average annual salary at mip m k electronics Inc is $99,352, or an hourly wage of $48, in comparison to ERNI Electronics Inc which pays $97,875 per year or $47 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at mip m k electronics Inc?

Salary progression from an entry-level to a senior role at mip m k electronics Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from mip m k electronics Inc in Chicago is fair given the local cost of living?

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

5. Are promotions at mip m k electronics Inc usually accompanied by a significant salary increase?

Yes, promotions at mip m k electronics Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.