Progressive Components Ltd Salary

Progressive Components Ltd Salary

How much does the Progressive Components Ltd Pay for employees?

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As of July 2026, the average annual salary for employees at Progressive Components Ltd in the United States is $95,364. This translates to an approximate hourly wage of $46. Salaries at Progressive Components Ltd typically range from $83,956 to $107,709 annually, reflecting the diverse roles and experience levels within the company. Progressive Components Ltd’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 Progressive Components Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Progressive Components Ltd. 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 Progressive Components Ltd

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

Is Progressive Components Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Progressive Components Ltd’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
60k
30k
0
Average Salary ($/year)
Progressive Components Ltd
MFG Durable
Fairway Injection Molds
JB Tool
Industry Comparison
Our data shows that, on average, compensation at Progressive Components Ltd 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 Progressive Components Ltd average annual salary with several similar companies. Progressive Components Ltd average salary of $95,364 is lower than Fairway Injection Molds, which has an average salary of $104,478. It is higher than JB Tool, with their average salary at $88,930. This places Progressive Components Ltd in a mid-range position among its peers.
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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 Progressive Components Ltd's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Progressive Components Ltd

Considering a career at Progressive Components Ltd? 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.
The culture promotes accountability and efficiency, and it's great knowing your contributions matter. From good benefits to recognizing hard work, you feel like a valued team member, not just a number. It’s nice working for a company that manufactures real, tangible products. This job delivers stability and clarity in expectations. I've been consistently impresseddedication to employee safety and ...
Commented in May 24, 2025
40
2
Workload varies, sometimes causing stress. However, the role can feel monotonous over time due to repetitive responsibilities and limited interaction. It’s a great place to grow in the manufacturing industry. Management encourages suggestions for improvement, and employees are empowered to make decisions. Whether you're new or learning a new process, they ensure you have the knowledge and skills t...
Commented in February 19, 2025
11
0
I’ve been promoted twice in five years because they reward performance and initiative. Overtime may be required during busy periods, leading to occasional fatigue. I’m proud to work here and contribute to our collective success every day. Communication is generally clear but could improve in some areas. The commitment to quality here is inspiring.
Commented in February 03, 2025
41
2
Even when things get busy, the atmosphere remains positive and supportive. The culture is professional but occasionally bureaucratic, limiting rapid changes or innovation. They encourage learning new skills and often promote from within. The incentive programs reward both individual performance and team achievements. Competitive pay and benefits motivate employees.
Commented in September 14, 2024
36
1
Work can be repetitive, with occasional high-pressure periods during peak production. Most days are routine and structured. There’s a lot of pride in the products we create. Leadership regularly checks in with each department, which keeps morale high. A very professional and organized company with a clear mission and reliable leadership.
Commented in February 14, 2024
20
0

Progressive Components Ltd Overview

Website
www.procomps.com
Founded In
1987
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
235 Industrial Dr Wauconda Illinois IL 60084
Revenue
$10 Million - $50 Million
Phone Number
+1 8474871000
Social Media
About Progressive Components Ltd
Progressive Components offers a range of products and services for tooling and molding companies. Progressive Components was founded in 1987 and is headquartered in Illinois, United States.

What Benefits Does Progressive Components Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Progressive Components Ltd 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 Progressive Components Ltd.
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 Progressive Components Ltd, 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 Progressive Components Ltd 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 Progressive Components Ltd

1. How much does a Progressive Components Ltd employee make?

Progressive Components Ltd pays its employees an average of $95,364 per year. The average salary at Progressive Components Ltd range from $83,956 to $107,709 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 Progressive Components Ltd?

The salary at Progressive Components Ltd is lesser than the similar company. The average annual salary at Progressive Components Ltd is $95,364, or an hourly wage of $46, in comparison to Fairway Injection Molds which pays $104,478 per year or $50 per hour.

3. How much does a Managing Director typically earn at Progressive Components Ltd?

A Managing Director at Progressive Components Ltd typically earns an average annual base salary of around $738,205, with a general range of $565,446 to $929,276.

4. Do employees with advanced degrees (Master's, PhD) earn more at Progressive Components Ltd?

In many roles at Progressive Components Ltd, 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 Progressive Components Ltd 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 Progressive Components Ltd 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 Progressive Components Ltd typically offer employees?

Progressive Components Ltd 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 Progressive Components Ltd" section on this page.

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