Rockford Engineered Components Inc Salary
How much does the Rockford Engineered Components Inc Pay for employees?
How Much Does Rockford Engineered Components Inc Pay for Different Roles?
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Is Rockford Engineered Components Inc’s Pay Competitive? Salary Benchmarking Analysis
How Rockford Engineered Components Inc's Salaries Compare to Similar Companies?
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Employee Reviews: Working at Rockford Engineered Components Inc
Rockford Engineered Components Inc Overview
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What Is the Cost of Living Near Rockford?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $750 - $1,100+ | A significant portion of Rockford Engineered Components Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $45 (RMTD monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $360 - $530 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $280 - $550+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $350 - $640+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,945 - $3,075+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Rockford Engineered Components Inc
1. How much does a Rockford Engineered Components Inc employee make?
Rockford Engineered Components Inc pays its employees an average of $88,413 per year. The average salary at Rockford Engineered Components Inc range from $77,762 to $99,978 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 Rockford Engineered Components Inc?
The salary at Rockford Engineered Components Inc is higher than the similar company. The average annual salary at Rockford Engineered Components Inc is $88,413, or an hourly wage of $43, in comparison to Home Couture LLC which pays $87,253 per year or $42 per hour.
3. How much does a President typically earn at Rockford Engineered Components Inc?
A President at Rockford Engineered Components Inc typically earns an average annual base salary of around $684,397, with a general range of $523,725 to $862,576.
4. Do employees with advanced degrees (Master's, PhD) earn more at Rockford Engineered Components Inc?
In many roles at Rockford Engineered Components 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.
5. How does the cost of living near Rockford affect the perceived value of a Rockford Engineered Components Inc salary?
Rockford's Cost of Living Index is approximately 77.8 (22.2% less expensive than US average; 17.1% less than IL average). This significantly impacts the purchasing power of a salary from Rockford Engineered Components Inc based there. Our "Cost of Living Insights for Rockford" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does Rockford Engineered Components Inc typically offer employees?
Rockford Engineered Components 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 Rockford Engineered Components Inc" section on this page.
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