Parkes Precision Products Inc Salary

Parkes Precision Products Inc Salary

How much does the Parkes Precision Products Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Parkes Precision Products Inc in the United States is $87,812. This translates to an approximate hourly wage of $42. Salaries at Parkes Precision Products Inc typically range from $77,322 to $99,124 annually, reflecting the diverse roles and experience levels within the company. Parkes Precision Products 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 Parkes Precision Products Inc

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Is Parkes Precision Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Parkes Precision Products 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)
Parkes Precision Products Inc
MFG Durable
Astro Precision Products Inc
Get Precision Products Inc
Industry Comparison
Our data shows that, on average, compensation at Parkes Precision Products Inc is below the average for the U.S. MFG Durable industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Parkes Precision Products Inc average annual salary with several similar companies. Parkes Precision Products Inc average salary of $87,812 is lower than Astro Precision Products Inc, which has an average salary of $102,885. It is lower than Get Precision Products Inc, with their average salary at $89,268. This places Parkes Precision Products Inc in a developing position among its peers.
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How Parkes Precision Products Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Parkes Precision Products Inc

Considering a career at Parkes Precision Products 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.
They don't cut corners on necessary equipment or technology. Some repetitive tasks may feel monotonous over time. Benefits are comprehensive, covering health, retirement, and wellness initiatives. Employees demonstrate great attention to detail and care. Shift flexibility is appreciated.
Commented in May 06, 2025
29
1
Clean facility, modern equipment, and safe practices. Fair supervisors and clear expectations. Smooth production, reliable deliveries, and quality workmanship define our plant. Overtime is occasionally necessary during high production demands.
Commented in March 26, 2025
26
0
Job security is very strong. However, the environment feels a bit disconnected at times. Modern machinery increases production speed and quality. This transparency builds trust and makes you feel like a true partner in the business. Training exists but can be uneven across departments. Regular training, readily available PPE, and a culture where you’re encouraged to speak up about concerns make me...
Commented in February 27, 2025
14
0
For an organization, their rigorous safety protocols and ongoing training are exceptional. Leadership communicates company goals clearly and celebrates team achievements. The company invests heavily in modern equipment and employee training, ensuring we remain industry leaders. The company also offers good benefits and actively promotes a healthy work-life balance, which is rare in this industry. ...
Commented in February 20, 2025
39
0
The company also provides excellent safety protocols and resources, ensuring we can all do our jobs confidently. Our facility is one of the cleanest I’ve seen in the industry. Innovation is not always prioritized, which may limit excitement for some staff. Management recognizes hard work, and training is thorough. It's more than just a job; it's a place to build a future.
Commented in February 24, 2024
38
2

Parkes Precision Products Inc Overview

Website
Data pending, update soon.
Founded In
1986
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
308 East St Buffalo New York NY 14207
Revenue
<$5 Million
Phone Number
-
Social Media
About Parkes Precision Products Inc
Parkes Precision Products Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Buffalo, New York.

What Benefits Does Parkes Precision Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parkes Precision Products 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 Buffalo?

Understanding the cost of living near Buffalo is key to truly evaluating a salary offer or your current compensation at Parkes Precision Products Inc.
Buffalo's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 36.4% less than NY average). Western NY city, very affordable housing, revitalizing. NFTA Metro Bus/Rail. When planning your budget based on a salary from Parkes Precision Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Parkes Precision Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $75 (NFTA 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) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,215 - $3,555+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parkes Precision Products Inc

1. How much does a Parkes Precision Products Inc employee make?

Parkes Precision Products Inc pays its employees an average of $87,812 per year. The average salary at Parkes Precision Products Inc range from $77,322 to $99,124 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. Which similar company tend to pay more or less than Parkes Precision Products Inc?

The salary at Parkes Precision Products Inc is lesser than the similar company. The average annual salary at Parkes Precision Products Inc is $87,812, or an hourly wage of $42, in comparison to Astro Precision Products Inc which pays $102,885 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Parkes Precision Products Inc?

In many roles at Parkes Precision Products Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Buffalo affect the perceived value of a Parkes Precision Products Inc salary?

Buffalo's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 36.4% less than NY average). This significantly impacts the purchasing power of a salary from Parkes Precision Products Inc based there. Our "Cost of Living Insights for Buffalo" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Parkes Precision Products Inc typically offer employees?

Parkes Precision Products Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Parkes Precision Products Inc" section on this page.

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