Royco Instrument Division Salary

Royco Instrument Division Salary

How much does the Royco Instrument Division Pay for employees?

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As of July 2026, the average annual salary for employees at Royco Instrument Division in the United States is $99,647. This translates to an approximate hourly wage of $48. Salaries at Royco Instrument Division typically range from $87,722 to $112,538 annually, reflecting the diverse roles and experience levels within the company. Royco Instrument Division’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.
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Current Job Openings at Royco Instrument Division

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Is Royco Instrument Division’s Pay Competitive? Salary Benchmarking Analysis

How does Royco Instrument Division’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
120k
90k
60k
30k
0
Average Salary ($/year)
Royco Instrument Division
MFG Durable
Chicago Extruded Metals Co
Brad Foote
Industry Comparison
Our data shows that, on average, compensation at Royco Instrument Division is below the average for the U.S. MFG Durable industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Royco Instrument Division average annual salary with several similar companies. Royco Instrument Division average salary of $99,647 is lower than Chicago Extruded Metals Co, which has an average salary of $99,679. It is lower than Brad Foote, with their average salary at $100,997. This places Royco Instrument Division in a developing position among its peers.
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How Royco Instrument Division's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Royco Instrument Division

Considering a career at Royco Instrument Division? 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.
Safety practices exist but are sometimes unevenly applied. There's potential for improvement in training and equipment, but overall, the company performs adequately for its size. Management is transparent and communicates effectively with the employees. Job security is very strong.
Commented in March 04, 2025
49
1
Even when things get busy, the atmosphere remains positive and supportive. Expectations are clearly defined, though day-to-day work is repetitive. From day one, I was welcomed, trained well, and respected.
Commented in January 27, 2025
34
2
The work atmosphere is positive and collaborative, and management truly listens to suggestions for improvement. This company truly values its people. Leadership is transparent, and roles are clearly defined. This manufacturing firm stands out for its commitment to innovation and its workforce. Everyone is willing to help each other out, creating a productive and supportive environment. They also p...
Commented in December 17, 2024
44
3
It’s a place where everyone’s role contributes to long-term company success and employee satisfaction. Safety procedures are in place but enforcement is uneven. there's a real sense of camaraderie on the production floor. The work environment is professional but sometimes bureaucratic and resistant to change.
Commented in July 04, 2024
39
1
Truly values its workforce, evident in its comprehensive benefits package and competitive compensation. Promotion pathways are available but competitive. It’s a place where you can build a long-term, fulfilling career. Schedules are consistent, which is important for planning your personal time. They emphasize employee development, offering various training sessions that have helped me expand my s...
Commented in January 11, 2024
39
1

Royco Instrument Division Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
575 Tollgate Rd Elgin Illinois IL 60123
Revenue
$10 Million - $50 Million
Phone Number
+1 8478881804
Social Media
About Royco Instrument Division
Royco Instrument Division is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Elgin, Illinois.

What Benefits Does Royco Instrument Division Offer Beyond Salary?

A competitive compensation package is more than just a salary. Royco Instrument Division 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 Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at Royco Instrument Division.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from Royco Instrument Division, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of Royco Instrument Division salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Royco Instrument Division

1. What is the typical salary range (low to high) for most roles at Royco Instrument Division?

The typical annual salary range for most roles at Royco Instrument Division is approximately from $87,722 to $112,538. 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. How much does Royco Instrument Division pay compared to Chicago Extruded Metals Co?

The average annual salary at Royco Instrument Division is $99,647, or an hourly wage of $48, in comparison to Chicago Extruded Metals Co which pays $99,679 per year or $48 per hour.

3. How does experience level affect salary at Royco Instrument Division?

Experience level is a significant factor in determining salary at Royco Instrument Division, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Royco Instrument Division in Elgin is fair given the local cost of living?

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

5. Why might an individual's actual salary at Royco Instrument Division differ from the ranges shown here?

An individual's actual salary at Royco Instrument Division can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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