Ray Jacobs Machinery Co Salary
How much does the Ray Jacobs Machinery Co Pay for employees?
How Much Does Ray Jacobs Machinery Co Pay for Different Roles?
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Is Ray Jacobs Machinery Co’s Pay Competitive? Salary Benchmarking Analysis
How Ray Jacobs Machinery Co's Salaries Compare to Similar Companies?
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Employee Reviews: Working at Ray Jacobs Machinery Co
Ray Jacobs Machinery Co Overview
What Benefits Does Ray Jacobs Machinery Co Offer Beyond Salary?
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What Is the Cost of Living Near Farmington?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,200 - $1,700+ | A significant portion of Ray Jacobs Machinery Co salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $590 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $680+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,580 - $3,910+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Ray Jacobs Machinery Co
1. How much does a Ray Jacobs Machinery Co employee make?
Ray Jacobs Machinery Co pays its employees an average of $90,101 per year. The average salary at Ray Jacobs Machinery Co range from $79,237 to $101,880 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 Ray Jacobs Machinery Co?
The salary at Ray Jacobs Machinery Co is lesser than the similar company. The average annual salary at Ray Jacobs Machinery Co is $90,101, or an hourly wage of $43, in comparison to Advanced Metal Solutions Inc which pays $114,530 per year or $55 per hour.
3. How much does a President typically earn at Ray Jacobs Machinery Co?
A President at Ray Jacobs Machinery Co typically earns an average annual base salary of around $697,461, with a general range of $533,662 to $878,988.
4. Do employees with advanced degrees (Master's, PhD) earn more at Ray Jacobs Machinery Co?
In many roles at Ray Jacobs Machinery Co, 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 Farmington affect the perceived value of a Ray Jacobs Machinery Co salary?
Farmington/Farmington Hills (Oakland Co.) Cost of Living Index is approx. This significantly impacts the purchasing power of a salary from Ray Jacobs Machinery Co based there. Our "Cost of Living Insights for Farmington" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does Ray Jacobs Machinery Co typically offer employees?
Ray Jacobs Machinery Co 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 Ray Jacobs Machinery Co" section on this page.
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