Monark Equipment Technology Co Salary

Monark Equipment Technology Co Salary

How much does the Monark Equipment Technology Co Pay for employees?

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As of August 2026, the average annual salary for employees at Monark Equipment Technology Co in the United States is $82,791. This translates to an approximate hourly wage of $40. Salaries at Monark Equipment Technology Co typically range from $72,914 to $93,417 annually, reflecting the diverse roles and experience levels within the company. Monark Equipment Technology Co’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 Monark Equipment Technology Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Monark Equipment Technology Co. 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.
How accurate does the salary look to you?

Current Job Openings at Monark Equipment Technology Co

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

Is Monark Equipment Technology Co’s Pay Competitive? Salary Benchmarking Analysis

How does Monark Equipment Technology Co’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
180k
150k
120k
90k
60k
30k
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Average Salary ($/year)
Monark Equipment Technology Co
MFG Durable
Specialty Measurements Inc
Genesee Cut Stone & Marble Co
Industry Comparison
Our data shows that, on average, compensation at Monark Equipment Technology Co is below the average for the U.S. MFG Durable industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Monark Equipment Technology Co average annual salary with several similar companies. Monark Equipment Technology Co average salary of $82,791 is lower than Specialty Measurements Inc, which has an average salary of $89,510. It is lower than Genesee Cut Stone & Marble Co, with their average salary at $83,129. This places Monark Equipment Technology Co in a developing 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.

How Monark Equipment Technology Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Monark Equipment Technology Co. Click a company name to learn more.

Employee Reviews: Working at Monark Equipment Technology Co

Considering a career at Monark Equipment Technology Co? 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.
Cross-functional collaboration is encouraged, providing exposure to different aspects of the business. There’s a consistent focus on quality over quantity, which I appreciate. Stability and reliability are the biggest advantages. High-quality production with consistent results every time.
Commented in April 22, 2025
50
3
Workload fluctuations cause periodic stress, especially in peak seasons. This ethical approach resonates with many employees and adds to our pride in the organization. Benefits surpass industry standards, including health coverage and retirement plans. Processes are tightly controlled, which helps productivity but limits flexibility. The schedule is consistent and easy to plan around. The leadersh...
Commented in February 09, 2025
9
1
In our manufacturing setting, everyone is quick to lend a hand and share knowledge. Safety protocols are rigorous yet practical, demonstrating real care for the workforce. Supervisors are always around to assist and provide clear direction. It’s fine for steady work without much variation.
Commented in March 03, 2024
20
2

Monark Equipment Technology Co Overview

Website
www.monark-equip.com
Founded In
1974
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
4533 Garfield Rd Auburn Michigan MI 48611
Revenue
<$5 Million
Phone Number
+1 9896627250
Social Media
About Monark Equipment Technology Co
Monark designs and builds new automated machine tools, primarily thermoforming machines (cut sheet & roll fed) for the plastics industry. We rebuild, retro-fit, and modify more thermoformers and trim presses than any other company in the USA, perhaps the world (any make and model). Monark is a well established, proud American owned company with head-quarters, engineering and manufacturing in Aubur

What Benefits Does Monark Equipment Technology Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monark Equipment Technology Co 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Monark Equipment Technology Co.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Monark Equipment Technology Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Monark Equipment Technology Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Monark Equipment Technology Co

1. What is the average salary for employees at Monark Equipment Technology Co?

The average annual total compensation for employees at Monark Equipment Technology Co is approximately $82,791. However, this is an aggregate figure, actual salaries can range significantly, typically from $72,914 to $93,417, depending on factors like job role, experience, and location.

2. How much does Monark Equipment Technology Co pay compared to Specialty Measurements Inc?

The average annual salary at Monark Equipment Technology Co is $82,791, or an hourly wage of $40, in comparison to Specialty Measurements Inc which pays $89,510 per year or $43 per hour.

3. What is the lowest salary at Monark Equipment Technology Co?

The lowest-paying job at Monark Equipment Technology Co is an Office Assistant with a salary of $32,173 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Monark Equipment Technology Co?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Monark Equipment Technology Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Monark Equipment Technology Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?

While some companies offer formal COLA, many, including potentially Monark Equipment Technology Co, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Monark Equipment Technology Co?

Most companies, likely including Monark Equipment Technology Co, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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