Peters Machine Inc Salary

Peters Machine Inc Salary

How much does the Peters Machine Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Peters Machine Inc in the United States is $80,217. This translates to an approximate hourly wage of $39. Salaries at Peters Machine Inc typically range from $70,651 to $90,515 annually, reflecting the diverse roles and experience levels within the company. Peters Machine 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.

How Much Does Peters Machine Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Peters Machine Inc. 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 Peters Machine Inc

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

Is Peters Machine Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Peters Machine 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)
Peters Machine Inc
MFG Durable
AlphaRex
BitcoinLightning.com
Industry Comparison
Our data shows that, on average, compensation at Peters Machine Inc is below the average for the U.S. MFG Durable industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Peters Machine Inc average annual salary with several similar companies. Peters Machine Inc average salary of $80,217 is lower than AlphaRex, which has an average salary of $98,845. It is lower than BitcoinLightning.com, with their average salary at $111,229. This places Peters Machine Inc 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 Peters Machine Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Peters Machine Inc

Considering a career at Peters Machine 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.
A very professional and organized company with a clear mission and reliable leadership. Managers treat employees with professionalism and respect. Facilities are clean, organized and equipped with state-of-the-art machinery. Management is friendly but often implement changes. Coworkers are fine, and it is somehow especially engaging.
Commented in May 26, 2025
30
0
It’s a solid option for those seeking stability without too much pressure or involvement. Safety standards are followed, and deadlines are realistic. There’s a real sense of pride in our work. Everyone, from the production line to management, is dedicated to producing the best possible products. Productivity and morale remain high. It's inspiring to be part of an organization that values both oper...
Commented in August 20, 2024
32
0
There's not a lot of engagement beyond daily tasks, and opportunities for feedback are rare. Management is fair and genuinely interested in our well-being, making it a rewarding place to build a career. It’s also a very safe workplace, with regular audits and improvements. The work itself is repetitive, but expectations are clear. On the upside, the job is low-stress, and the hours are steady.
Commented in January 02, 2024
31
3

Peters Machine Inc Overview

Website
www.petersmachine.com
Founded In
1979
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3765 N Westlawn Ave Decatur Illinois IL 62526
Revenue
<$5 Million
Phone Number
+1 2178752578
Social Media
About Peters Machine Inc
Peters Machine, Inc. has been in business for 36 years and has been specializing in machining and drilling tube sheets and baffles for over 20 years. We have experience with many different materials which include aluminum, carbon steels, stainless steels, Alloy 200, 400, and 625, Hastelloy, Titanium, and explosion clad bonded materials. Peters Machine, Inc. is a service provider to assemblers, fab

What Benefits Does Peters Machine Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Peters Machine 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 Springfield?

Understanding the cost of living near Springfield is key to truly evaluating a salary offer or your current compensation at Peters Machine Inc.
Springfield's Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.4% less than IL average). State capital, historic (Lincoln), very affordable housing. SMTD bus. When planning your budget based on a salary from Peters Machine Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Peters Machine Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SMTD monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,970 - $3,180+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Peters Machine Inc

1. How much does a Peters Machine Inc employee make?

Peters Machine Inc pays its employees an average of $80,217 per year. The average salary at Peters Machine Inc range from $70,651 to $90,515 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 Peters Machine Inc?

The salary at Peters Machine Inc is lesser than the similar company. The average annual salary at Peters Machine Inc is $80,217, or an hourly wage of $39, in comparison to AlphaRex which pays $98,845 per year or $48 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Peters Machine Inc?

In many roles at Peters Machine 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 Springfield affect the perceived value of a Peters Machine Inc salary?

Springfield's Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.4% less than IL average). This significantly impacts the purchasing power of a salary from Peters Machine Inc based there. Our "Cost of Living Insights for Springfield" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Peters Machine Inc typically offer employees?

Peters Machine 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 Peters Machine Inc" section on this page.

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