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Speed-Tech Equipment Salary

Speed-Tech Equipment Salary

How much does the Speed-Tech Equipment Pay for employees?

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As of October 2026, the average hourly salary for employees at Speed-Tech Equipment in the United States is $45. This translates to an approximate annual wage of $94,573. Salaries at Speed-Tech Equipment typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company. Speed-Tech Equipment’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 Speed-Tech Equipment Pay for Different Roles?

Explore detailed salary information for specific jobs at Speed-Tech Equipment. 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.
How accurate does the salary look to you?

Current Job Openings at Speed-Tech Equipment

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

Is Speed-Tech Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Speed-Tech Equipment’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Speed-Tech Equipment
Retail & Wholesale
Goodspeed Metals Group LLC
Us Sbm Representatives Sales Group John M Fluke Mfg Co Inc
Industry Comparison
Our data shows that, on average, compensation at Speed-Tech Equipment is below the average for the U.S. Retail & Wholesale industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Speed-Tech Equipment average annual salary with several similar companies. Speed-Tech Equipment average salary of $94,573 is lower than Goodspeed Metals Group LLC, which has an average salary of $96,567. It is lower than Us Sbm Representatives Sales Group John M Fluke Mfg Co Inc, with their average salary at $107,674. This places Speed-Tech Equipment in a developing 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.

Companies Similar to Speed-Tech Equipment and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Speed-Tech Equipment. Click a company name to learn more.

Employee Reviews: Working at Speed-Tech Equipment

Considering a career at Speed-Tech Equipment? 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.
I’ve had opportunities to develop new skills and feel appreciated. The company invests in employee development. There are occasional training sessions to help with skill development. Working here has been a fantastic experience. I appreciate the open communication and teamwork here.
Commented in April 17, 2025
34
0
The leadership team is approachable, and there’s a strong sense of teamwork. Management truly listens to employee feedback and makes improvements. The work environment is energetic yet balanced. The Retail industry can be demanding, but the team works well together. The retail discounts are a nice perk. The company fosters innovation and teamwork.
Commented in November 18, 2024
47
2
Coworkers are supportive, and there’s a strong sense of teamwork. Convenient location and flexible shifts. The bonuses and incentives are a nice touch too. Colleagues are helpful, and the workload is predictable. The work environment here is energetic and collaborative.
Commented in February 19, 2024
42
2

Speed-Tech Equipment Overview

Website
www.speedtechequipment.com
Founded In
1994
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
3364 Quincy St Hudsonville Michigan MI 49426
Revenue
$10 Million - $50 Million
Phone Number
+1 6166692142
Social Media
About Speed-Tech Equipment
Speed-Tech Equipment, a Division of SPEED WRENCH, is well positioned in the waste industry and has been servicing and installing compactors and balers for the past 25 years. Our facility located at 3364 Quincy St., Suite C, which is by the corner of 32nd and Quincy in Hudsonville. Speed-Tech Equipment has 17 mobile service trucks on the road every day servicing your equipment. We also have 3 parts

What Benefits Does Speed-Tech Equipment Offer Beyond Salary?

A competitive compensation package is more than just a salary. Speed-Tech Equipment 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Speed-Tech Equipment.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Speed-Tech Equipment, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Speed-Tech Equipment salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Speed-Tech Equipment

1. What is the typical salary range (low to high) for most roles at Speed-Tech Equipment?

The typical salary range for most roles at Speed-Tech Equipment is approximately from $40 to $51 per hour. 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 Speed-Tech Equipment pay compared to Goodspeed Metals Group LLC?

The average annual salary at Speed-Tech Equipment is $94,573, or an hourly wage of $45, in comparison to Goodspeed Metals Group LLC which pays $96,567 per year or $46 per hour.

3. Do salaries differ significantly between departments at Speed-Tech Equipment?

Yes, salaries often differ between departments at Speed-Tech Equipment 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. How does experience level affect salary at Speed-Tech Equipment?

Experience level is a significant factor in determining salary at Speed-Tech Equipment, 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.

5. How can I determine if a salary offer from Speed-Tech Equipment in Grand Rapids is fair given the local cost of living?

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

6. Are the salaries listed for Speed-Tech Equipment on Salary.com pre-tax or after-tax?

All salary figures displayed for Speed-Tech Equipment, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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