MP Components Salary

MP Components Salary

How much does the MP Components Pay for employees?

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As of May 2026, the average weekly salary for employees at MP Components in the United States is $1,655. This translates to an approximate annual wage of $86,082. Salaries at MP Components typically range from $1,458 to $1,868 weekly, reflecting the diverse roles and experience levels within the company. MP Components’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 MP Components Pay for Different Roles?

Explore detailed salary information for specific jobs at MP Components. 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 MP Components

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

Is MP Components’s Pay Competitive? Salary Benchmarking Analysis

How does MP Components’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
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Average Salary ($/year)
MP Components
MFG Durable
Beaumont Machine
TR Mold Release
Industry Comparison
Our data shows that, on average, compensation at MP Components is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared MP Components average annual salary with several similar companies. MP Components average salary of $86,082 is lower than Beaumont Machine, which has an average salary of $86,799. It is lower than TR Mold Release, with their average salary at $101,060. This places MP Components 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 MP Components's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at MP Components

Considering a career at MP Components? 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.
Workload increases seasonally, leading to occasional high pressure. Management encourages suggestions for improvement, and employees are empowered to make decisions. Processes are rigid. There’s minimal innovation, but the company functions reliably. Onboarding is smooth, and the work becomes second nature quickly.
Commented in April 02, 2025
22
3
Pay and benefits are industry average. Flexible shifts support work-life balance, and the workplace culture values diversity and respect. You can tell the company invests in both technology and people, which keeps work efficient and safe. Coworkers are respectful, though collaboration is limited.
Commented in February 22, 2025
32
1
Communication from leadership is formal and sometimes delayed. A healthy work-life balance and proactive management make all the difference. Environmentally friendly practices reduce waste effectively.
Commented in June 21, 2024
26
0

MP Components Overview

Website
www.mpcomponents.net
Founded In
1973
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
8499 Centre Industrial Dr SW Byron Center Michigan MI 49315
Revenue
$5 Million - $10 Million
Phone Number
+1 6168789710
Social Media
About MP Components
MP Components today is utilizing a 20,000 square-foot building in Michigan and 10,000 square-feet in Tennessee. We are using the latest technology and sophisticated equipment to design and manufacture a host of customer driven requests; including checking fixtures (from very simple to the complex automated fixtures), models & foundry patterns, aluminum vacuum molds, blow molds, foam and compressio

What Benefits Does MP Components Offer Beyond Salary?

A competitive compensation package is more than just a salary. MP Components 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at MP Components.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from MP Components, 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 MP Components salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) 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) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MP Components

1. What is the typical salary range (low to high) for most roles at MP Components?

The typical annual salary range for most roles at MP Components is approximately from $75,819 to $97,137. 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 MP Components pay compared to Beaumont Machine?

The average annual salary at MP Components is $86,082, or an hourly wage of $41, in comparison to Beaumont Machine which pays $86,799 per year or $42 per hour.

3. Do salaries differ significantly between departments at MP Components?

Yes, salaries often differ between departments at MP Components 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 MP Components?

Experience level is a significant factor in determining salary at MP Components, 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 MP Components in Grand Rapids is fair given the local cost of living?

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

6. What factors influence salary increases at MP Components?

Salary increases at MP Components 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.

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