Spence Industries Salary

Spence Industries Salary

How much does the Spence Industries Pay for employees?

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As of July 2026, the average annual salary for employees at Spence Industries in the United States is $89,320. This translates to an approximate hourly wage of $43. Salaries at Spence Industries typically range from $78,641 to $100,856 annually, reflecting the diverse roles and experience levels within the company. Spence Industries’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 Spence Industries

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

Is Spence Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Spence Industries’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)
Spence Industries
MFG Durable
htmlLaz Industries LLC
Skyhook Industries LLC
Industry Comparison
Our data shows that, on average, compensation at Spence Industries is below the average for the U.S. MFG Durable industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Spence Industries average annual salary with several similar companies. Spence Industries average salary of $89,320 is higher than htmlLaz Industries LLC, which has an average salary of $86,726. It is higher than Skyhook Industries LLC, with their average salary at $86,641. This places Spence Industries in a competitive position among its peers.
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How Spence Industries's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Spence Industries

Considering a career at Spence Industries? 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.
Facilities are designed with worker comfort in mind, including good ventilation and noise control measures. The benefits package includes health insurance, retirement plans, and wellness initiatives. Schedules sometimes change with short notice. Leadership encourages open dialogue and invests in employee training and career advancement. Work is steady and predictable. Safety standards exceed indus...
Commented in March 28, 2025
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They don’t just sit in offices — they walk the floor and check in regularly. Management is present, and it is somehow responsive to feedback. Schedules are predictable, and overtime opportunities are fair. There’s room to take initiative and suggest process improvements. Production quotas are challenging but achievable thanks to smart process engineering.
Commented in March 13, 2025
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This company offers a great balance of structure and flexibility. Even when the workload is high, the team pulls together. The company takes pride in its product, and it shows in every detail. If you’re someone who prefers routine over challenge, it’s a reasonable place to work.
Commented in March 24, 2024
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Spence Industries Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
PO Box 1942 Orofino Idaho ID 83544
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Spence Industries
Spence Industries is a company that operates in the Machinery industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Orofino, Idaho.

What Benefits Does Spence Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spence Industries 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 Boise?

Understanding the cost of living near Boise is key to truly evaluating a salary offer or your current compensation at Spence Industries.
Boise's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.6% more than ID average). Rapidly growing, housing costs have significantly increased. Valley Regional Transit. When planning your budget based on a salary from Spence Industries, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Spence Industries salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (VRT 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 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,605 - $4,075+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spence Industries

1. What is the average salary for employees at Spence Industries?

The average annual total compensation for employees at Spence Industries is approximately $89,320. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,641 to $100,856, depending on factors like job role, experience, and location.

2. How much does Spence Industries pay compared to htmlLaz Industries LLC?

The average annual salary at Spence Industries is $89,320, or an hourly wage of $43, in comparison to htmlLaz Industries LLC which pays $86,726 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Spence Industries?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Spence Industries for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Spence Industries offer cost-of-living adjustments (COLA) for employees in high-cost areas like Boise?

While some companies offer formal COLA, many, including potentially Spence Industries, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Spence Industries?

Most companies, likely including Spence Industries, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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