Munkfors Salary

How much does the Munkfors Pay for employees?

As of May 2026, the average annual salary for employees at Munkfors in the United States is $95,343. This translates to an approximate hourly wage of $46. Salaries at Munkfors typically range from $83,975 to $107,587 annually, reflecting the diverse roles and experience levels within the company. Munkfors’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 Munkfors Pay for Different Roles?

Explore detailed salary information for specific jobs at Munkfors. 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 Munkfors

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

Is Munkfors’s Pay Competitive? Salary Benchmarking Analysis

How does Munkfors’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)
Munkfors
MFG Durable
Rapid Deployable Systems Inc
Spida Machinery
Industry Comparison
Our data shows that, on average, compensation at Munkfors is below the average for the U.S. MFG Durable industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Munkfors average annual salary with several similar companies. Munkfors average salary of $95,343 is higher than Rapid Deployable Systems Inc, which has an average salary of $85,397. It is higher than Spida Machinery, with their average salary at $84,162. This places Munkfors in a competitive 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 Munkfors

Considering a career at Munkfors? 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.
More importantly, the culture is incredibly positive; people are friendly, and management is approachable and fair. Supervisors are polite but rarely offer praise. Working here has its pros and cons. Workload fluctuations can lead to stressful periods, especially during production peaks. It's motivating to work for an organization that truly values its people.
Scheduling is predictable, and the pay is competitive with the industry. Management supports training and career growth opportunities consistently. Flexible work schedules help employees balance their personal and professional lives. It's motivating to work for an organization that continuously invests in both its processes and its workforce. Schedules are consistent, and shifts are rarely disrupt...
It’s a fast-paced environment, but leadership ensures we have what we need to succeed. There’s a lot of pride in the products we create. I’ve had opportunities to cross-train in multiple departments. The company promotes a culture where employee safety and professional development are priorities. Safety is prioritized but sometimes inconsistently enforced. Employees feel appreciated and motivated,...

Munkfors Overview

Website
www.munkfors.com
Founded In
1948
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2711 Centerville Rd Wilmington Delaware DE 19808
Revenue
$5 Million - $10 Million
Phone Number
+46 56353500
Social Media
About Munkfors
Munkfors' mission is to be the worldwide market leader in providing consistent, high quality and very sharp products, as well as services that meet your expectations. We focus mainly on the food and woodworking industries. Our bandsaw blades and knives are used in application areas where high and continuous output is required, and where hygiene and safety are essential as in the food industry. Alt

What Benefits Does Munkfors Offer Beyond Salary?

A competitive compensation package is more than just a salary. Munkfors 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?

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What Is the Cost of Living Near Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Munkfors.
Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Munkfors, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Munkfors salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,550 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Munkfors

1. How much does Munkfors in the United States pay?

Munkfors pays its employees an average of $95,343 per year. The average salary at Munkfors range from $83,975 to $107,587 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. Do Munkfors employees get a higher salary than its peer company?

The salary at Munkfors is higher than its peer company. The average annual salary at Munkfors is $95,343, or an hourly wage of $46, in comparison to Rapid Deployable Systems Inc which pays $85,397 per year or $41 per hour.

3. How much does salary increase with years of experience at Munkfors?

Salary progression with years of experience at Munkfors is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Munkfors vary by office location?

Yes, it's very likely that salaries at Munkfors vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Wilmington section provides more context.

5. Does Munkfors offer good benefits?

Munkfors typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Munkfors" section on this page.