Schmidt Steel Inc Salary

How much does the Schmidt Steel Inc Pay for employees?

As of August 2026, the average annual salary for employees at Schmidt Steel Inc in the United States is $93,434. This translates to an approximate hourly wage of $45. Salaries at Schmidt Steel Inc typically range from $82,169 to $105,648 annually, reflecting the diverse roles and experience levels within the company. Schmidt Steel Inc’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 Schmidt Steel Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Schmidt Steel Inc. 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 Schmidt Steel Inc

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

Is Schmidt Steel Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Schmidt Steel Inc’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)
Schmidt Steel Inc
Retail & Wholesale
Beer
Blissful Occasions Inc
Industry Comparison
Our data shows that, on average, compensation at Schmidt Steel Inc is below the average for the U.S. Retail & Wholesale industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Schmidt Steel Inc average annual salary with several similar companies. Schmidt Steel Inc average salary of $93,434 is lower than Beer, which has an average salary of $96,504. It is higher than Blissful Occasions Inc, with their average salary at $83,983. This places Schmidt Steel Inc 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 Schmidt Steel Inc

Considering a career at Schmidt Steel Inc? 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.
Compensation is fair, and bonuses are performance-based, which keeps me motivated. The workplace is well-organized, and expectations are clear. I’ve had multiple opportunities to upskill through workshops and certifications. The company provides excellent benefits and recognizes hard work. The retail environment is structured, and supervisors are approachable.
Work-life balance is respected, and benefits are strong. The retail discounts are a nice benefit, and the scheduling is flexible. Standard retail job with typical challenges. Coworkers are friendly and always willing to help. The wholesale operations are efficient, and schedules are reliable. The team is cooperative, and management ensures tasks are distributed fairly. The compensation is fair, an...
Training programs are effective, and career progression is possible. The company has a strong commitment to employee growth and satisfaction. Career advancement is possible through clear promotion paths and skill-building programs. I’ve gained valuable skills here, and the benefits are competitive.

Schmidt Steel Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
847 S Randall Rd Elgin Illinois IL 60123
Revenue
<$5 Million
Phone Number
+1 6304603523
Social Media
About Schmidt Steel Inc
Schmidt Steel Inc is a company that operates in the Mining & Metals industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Elgin, Illinois.

What Benefits Does Schmidt Steel Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schmidt Steel Inc 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 Schmidt Steel Inc.
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 Schmidt Steel Inc, 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 Schmidt Steel Inc 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 Schmidt Steel Inc

1. How much does a Schmidt Steel Inc employee make?

Schmidt Steel Inc pays its employees an average of $93,434 per year. The average salary at Schmidt Steel Inc range from $82,169 to $105,648 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 Schmidt Steel Inc?

The salary at Schmidt Steel Inc is lesser than the similar company. The average annual salary at Schmidt Steel Inc is $93,434, or an hourly wage of $45, in comparison to Beer which pays $96,504 per year or $46 per hour.

3. How much does an Office Manager typically earn at Schmidt Steel Inc?

An Office Manager at Schmidt Steel Inc typically earns an average annual base salary of around $72,474, with a general range of $63,865 to $81,445.

4. Do employees with advanced degrees (Master's, PhD) earn more at Schmidt Steel Inc?

In many roles at Schmidt Steel 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 Elgin affect the perceived value of a Schmidt Steel Inc salary?

Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). This significantly impacts the purchasing power of a salary from Schmidt Steel Inc based there. Our "Cost of Living Insights for Elgin" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Schmidt Steel Inc typically offer employees?

Schmidt Steel 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 Schmidt Steel Inc" section on this page.