Penco Precision Salary

Penco Precision Salary

How much does the Penco Precision Pay for employees?

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As of July 2026, the average annual salary for employees at Penco Precision in the United States is $93,381. This translates to an approximate hourly wage of $45. Salaries at Penco Precision typically range from $82,252 to $105,368 annually, reflecting the diverse roles and experience levels within the company. Penco Precision’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 Penco Precision Pay for Different Roles?

Explore detailed salary information for specific jobs at Penco Precision. 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 Penco Precision

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

Is Penco Precision’s Pay Competitive? Salary Benchmarking Analysis

How does Penco Precision’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
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90k
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30k
0
Average Salary ($/year)
Penco Precision
MFG Durable
RP America Inc
Clear Perceptions Inc
Industry Comparison
Our data shows that, on average, compensation at Penco Precision is below the average for the U.S. MFG Durable industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Penco Precision average annual salary with several similar companies. Penco Precision average salary of $93,381 is higher than RP America Inc, which has an average salary of $84,859. It is lower than Clear Perceptions Inc, with their average salary at $97,031. This places Penco Precision in a mid-range 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 Penco Precision's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Penco Precision

Considering a career at Penco Precision? 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.
Benefits are strong, including healthcare, paid holidays, and retirement plans. The company takes pride in its product, and it shows in every detail. Management is transparent, and teammates are helpful. Their technicians' attention to detail is reflected in our 0.
Commented in May 28, 2025
29
1
Equipment is kept in top shape, and maintenance responds quickly when issues arise. Consistent hours, respectful coworkers, and fair treatment from management make this a solid workplace. Attention to detail, strict safety protocols, and solid teamwork define this manufacturing environment. Management fosters a culture of mutual respect and continuous learning. Their commitment to lean principles,...
Commented in August 20, 2024
14
1
Fair supervisors and clear expectations. You’ll stay busy, but it’s not usually overwhelming unless someone is out. It's exciting to be part of a company that isn't afraid to invest in the future of manufacturing. Safety standards exceed industry requirements regularly. The company offers reasonable benefits and job stability but can be bureaucratic in decision-making.
Commented in March 28, 2024
42
2

Penco Precision Overview

Website
www.pencoprecision.com
Founded In
1975
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
466 Central Ave Northfield Illinois IL 60093
Revenue
<$5 Million
Phone Number
+1 8474463606
Social Media
About Penco Precision
For over 60 years, Penco Precision has worked to provide unparalleled customer service, affordable prices and prompt delivery of optical and mechanical inspection equipment. We are proud of the many valuable relationships we have nurtured with manufacturers who rely on our quick response time and accurate recommendations. Penco Precision has the capabilities and expertise to provide cost-effective

What Benefits Does Penco Precision Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penco Precision 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Penco Precision.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Penco Precision, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Penco Precision salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penco Precision

1. How much does a Penco Precision employee make?

Penco Precision pays its employees an average of $93,381 per year. The average salary at Penco Precision range from $82,252 to $105,368 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 Penco Precision?

The salary at Penco Precision is higher than the similar company. The average annual salary at Penco Precision is $93,381, or an hourly wage of $45, in comparison to RP America Inc which pays $84,859 per year or $41 per hour.

3. How much does a General Manager typically earn at Penco Precision?

A General Manager at Penco Precision typically earns an average annual base salary of around $126,556, with a general range of $108,544 to $142,690.

4. Do employees with advanced degrees (Master's, PhD) earn more at Penco Precision?

In many roles at Penco Precision, 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.

5. How does the cost of living near Chicago affect the perceived value of a Penco Precision salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Penco Precision based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Penco Precision typically offer employees?

Penco Precision 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 Penco Precision" section on this page.

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