Randack Fasteners India Pvt Ltd Salary

How much does the Randack Fasteners India Pvt Ltd Pay for employees?

As of August 2026, the average annual salary for employees at Randack Fasteners India Pvt Ltd in the United States is $90,839. This translates to an approximate hourly wage of $44. Salaries at Randack Fasteners India Pvt Ltd typically range from $79,998 to $102,526 annually, reflecting the diverse roles and experience levels within the company. Randack Fasteners India Pvt 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 Randack Fasteners India Pvt Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Randack Fasteners India Pvt 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 Randack Fasteners India Pvt Ltd

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

Is Randack Fasteners India Pvt Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Randack Fasteners India Pvt 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
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Average Salary ($/year)
Randack Fasteners India Pvt Ltd
MFG Durable
Sumeeko Industries Co Ltd
Cardinal Fastener Inc
Industry Comparison
Our data shows that, on average, compensation at Randack Fasteners India Pvt Ltd is below the average for the U.S. MFG Durable industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Randack Fasteners India Pvt Ltd average annual salary with several similar companies. Randack Fasteners India Pvt Ltd average salary of $90,839 is lower than Sumeeko Industries Co Ltd, which has an average salary of $95,523. It is higher than Cardinal Fastener Inc, with their average salary at $89,626. This places Randack Fasteners India Pvt Ltd 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.

Employee Reviews: Working at Randack Fasteners India Pvt Ltd

Considering a career at Randack Fasteners India Pvt 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.
It’s a rewarding environment for those seeking career development. Overall, it’s a stable job for someone looking for consistency and regular hours in a manufacturing environment. Clear communication from leadership fosters trust and transparency. It helps me stay focused and efficient without feeling overwhelmed or burned out.
It's a strong, dependable environment for anyone interested in stable, hands-on manufacturing work with growth opportunities. Employee benefits are comprehensive, including excellent healthcare and retirement plans. The work environment is friendly, with open communication and recognition programs that celebrate employee achievements, creating high motivation and job satisfaction. People are profe...
Commitment to deadlines consistently meets customer expectations. The team gets the job done, though there's little room for creative problem-solving. Coworkers are friendly and always willing to help. Flexible scheduling options allow employees to balance personal and professional commitments. They provide ongoing training, encourage internal promotion, and maintain a very safe and respectful env...

Randack Fasteners India Pvt Ltd Overview

Website
www.randack-india.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
920 Donata Ct Lake Zurich Illinois IL 60047
Revenue
$10 Million - $50 Million
Phone Number
+1 8478471280
Social Media
About Randack Fasteners India Pvt Ltd
RANDACK FASTENERS INDIA manufactures products using quality raw material & advanced technology to maintainHigh Quality Standard. RANDACK FASTENERS INDIA PVT LTD, is a joint venture between Randack Spezialschrauben, Germany and Klaus Union Germany. Our Board of Directors Mr. Jens Randack Mr. Thomas Eschner Mr. Sateesh Bhide We lead the industry in delivering on customer needs & building competitive

What Benefits Does Randack Fasteners India Pvt Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Randack Fasteners India Pvt 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 Randack Fasteners India Pvt 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 Randack Fasteners India Pvt 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 Randack Fasteners India Pvt 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 Randack Fasteners India Pvt Ltd

1. What is the estimated average total compensation at Randack Fasteners India Pvt Ltd?

Salary.com estimates that the average total compensation package at Randack Fasteners India Pvt Ltd, which can include base salary, potential bonuses, and benefits, is around $90,839 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Randack Fasteners India Pvt Ltd pay compared to Sumeeko Industries Co Ltd?

The average annual salary at Randack Fasteners India Pvt Ltd is $90,839, or an hourly wage of $44, in comparison to Sumeeko Industries Co Ltd which pays $95,523 per year or $46 per hour.

3. Do salaries differ significantly between departments at Randack Fasteners India Pvt Ltd?

Yes, salaries often differ between departments at Randack Fasteners India Pvt Ltd 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Randack Fasteners India Pvt Ltd?

Salary progression from an entry-level to a senior role at Randack Fasteners India Pvt Ltd can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Randack Fasteners India Pvt Ltd in Chicago is fair given the local cost of living?

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

6. Are promotions at Randack Fasteners India Pvt Ltd usually accompanied by a significant salary increase?

Yes, promotions at Randack Fasteners India Pvt Ltd are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.