PEER Bearing Co Salary

PEER Bearing Co Salary

How much does the PEER Bearing Co Pay for employees?

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As of August 2026, the average annual salary for employees at PEER Bearing Co in the United States is $98,708. This translates to an approximate hourly wage of $47. Salaries at PEER Bearing Co typically range from $86,870 to $111,525 annually, reflecting the diverse roles and experience levels within the company. PEER Bearing 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 PEER Bearing Co Pay for Different Roles?

Explore detailed salary information for specific jobs at PEER Bearing 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.
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Current Job Openings at PEER Bearing Co

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

Is PEER Bearing Co’s Pay Competitive? Salary Benchmarking Analysis

How does PEER Bearing 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
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Average Salary ($/year)
PEER Bearing Co
MFG Durable
Rexnord Industries LLC
Morcon Tissue
Industry Comparison
Our data shows that, on average, compensation at PEER Bearing Co is below the average for the U.S. MFG Durable 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 PEER Bearing Co average annual salary with several similar companies. PEER Bearing Co average salary of $98,708 is lower than Rexnord Industries LLC, which has an average salary of $106,440. It is lower than Morcon Tissue, with their average salary at $99,953. This places PEER Bearing 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 PEER Bearing Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at PEER Bearing Co

Considering a career at PEER Bearing 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.
It's rare to find a manufacturer that balances scale with such employee-focused values. I feel fortunate to be part of this manufacturing team. Production goals are challenging but fair, and there’s a real focus on hitting quality metrics. This company has cultivated an excellent work culture where employees feel genuinely supported and appreciated. There’s a real effort to maintain a respectful a...
Commented in May 11, 2025
44
1
Routine tasks with minimal variation. Beyond safety, the opportunities to contribute to process improvements and product innovation are always available, making the work both safe and stimulating. Communication from leadership is formal and sometimes delayed. The equipment is modern, and safety training is thorough. I've been with this manufacturing company for over five years, and it's been an in...
Commented in December 02, 2024
8
0
The company's reputation for quality products makes me proud to be part of the team. Reliable equipment reduces unexpected breakdowns and delays. Benefits are standard, offering health insurance and retirement plans but lacking extras.
Commented in January 03, 2024
9
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PEER Bearing Co Overview

Website
www.peerbearing.com
Founded In
1941
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
2200 Norman Dr Waukegan Illinois IL 60085
Revenue
$50 Million - $200 Million
Phone Number
+1 8475781000
Social Media
About PEER Bearing Co
Founded in 2008, PEER Bearing is a manufacturer and global supplier of reliable ball and roller bearing solutions to target industries. The company is based in Waukegan, Illinois.

What Benefits Does PEER Bearing Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. PEER Bearing 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 Waukegan?

Understanding the cost of living near Waukegan is key to truly evaluating a salary offer or your current compensation at PEER Bearing Co.
Waukegan's Cost of Living Index is approximately 92.5 (7.5% less expensive than US average; 1.4% less than IL average). Lake County city north of Chicago, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from PEER Bearing Co, 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 PEER Bearing Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,600+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of PEER Bearing Co

1. What is the typical salary range (low to high) for most roles at PEER Bearing Co?

The typical annual salary range for most roles at PEER Bearing Co is approximately from $86,870 to $111,525. 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 PEER Bearing Co pay compared to Rexnord Industries LLC?

The average annual salary at PEER Bearing Co is $98,708, or an hourly wage of $47, in comparison to Rexnord Industries LLC which pays $106,440 per year or $51 per hour.

3. Do salaries differ significantly between departments at PEER Bearing Co?

Yes, salaries often differ between departments at PEER Bearing Co 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 PEER Bearing Co?

Experience level is a significant factor in determining salary at PEER Bearing Co, 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 PEER Bearing Co in Waukegan is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at PEER Bearing Co?

Several key factors influence salary levels at PEER Bearing Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: PEER Bearing Co likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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