SPI Products Inc Salary

How much does the SPI Products Inc Pay for employees?

As of October 2026, the average annual salary for employees at SPI Products Inc in the United States is $86,588. This translates to an approximate hourly wage of $42. Salaries at SPI Products Inc typically range from $76,268 to $97,710 annually, reflecting the diverse roles and experience levels within the company. SPI Products 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 SPI Products Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at SPI Products 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 SPI Products Inc

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

Is SPI Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does SPI Products 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)
SPI Products Inc
MFG Durable
Gemeinhardt Musical Instruments LLC
Hollywood Sound Systems
Industry Comparison
Our data shows that, on average, compensation at SPI Products Inc is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SPI Products Inc average annual salary with several similar companies. SPI Products Inc average salary of $86,588 is higher than Gemeinhardt Musical Instruments LLC, which has an average salary of $83,055. It is lower than Hollywood Sound Systems, with their average salary at $101,809. This places SPI Products 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 SPI Products Inc

Considering a career at SPI Products 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.
While the work is particularly exciting, it’s steady and dependable. What stands out is the structured training process and continued mentorship. Management is fair and provides the necessary resources and support to get the job done effectively and safely. The culture is professional but sometimes bureaucratic, with resistance to rapid change and innovation. A very professional and organized comp...
This adaptability allows for much better management of creative energy and personal commitments, promoting a healthier and more sustainable work-life integration for all. across multiple facilities, there's a strong culture of safety, quality and teamwork. The benefits are reasonable, and the work is rarely overwhelming. Reliable hours and overtime opportunities are great for those looking to incr...
Recognition programs boost morale, making it a rewarding place to work and grow professionally. Communication between departments sometimes lacks clarity. It’s a great balance of professionalism, teamwork, and innovation throughout. You’re encouraged to ask questions and take initiative.

SPI Products Inc Overview

Website
www.spiproducts.com
Founded In
1997
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
11405 Pennsylvania St Carmel Indiana IN 46032
Revenue
$5 Million - $10 Million
Phone Number
+1 7312864211
Social Media
About SPI Products Inc
SPI Products is an established investment firm focused on specialty plastic companies. ur companies produce a wide variety of products servicing many industries across the globe. SPI Products is engaged in the acquisition or controlling interest in well-managed, historically profitable specialty plastic businesses. We use our expertise in marketing,acquisitions and financing to collaborate with ma

What Benefits Does SPI Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. SPI Products 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 Carmel?

Understanding the cost of living near Carmel is key to truly evaluating a salary offer or your current compensation at SPI Products Inc.
Carmel's Cost of Living Index is approximately 108.8 (8.8% more expensive than US average; 20.1% more than IN average). Affluent Indianapolis suburb, excellent schools, high housing costs. IndyGo access. When planning your budget based on a salary from SPI Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of SPI Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation IndyGo access (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,900 - $4,670+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SPI Products Inc

1. What is the estimated average total compensation at SPI Products Inc?

Salary.com estimates that the average total compensation package at SPI Products Inc, which can include base salary, potential bonuses, and benefits, is around $86,588 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does SPI Products Inc pay compared to Gemeinhardt Musical Instruments LLC?

The average annual salary at SPI Products Inc is $86,588, or an hourly wage of $42, in comparison to Gemeinhardt Musical Instruments LLC which pays $83,055 per year or $40 per hour.

3. Do salaries differ significantly between departments at SPI Products Inc?

Yes, salaries often differ between departments at SPI Products Inc 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at SPI Products Inc?

Salary progression from an entry-level to a senior role at SPI Products Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from SPI Products Inc in Carmel is fair given the local cost of living?

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

6. Are promotions at SPI Products Inc usually accompanied by a significant salary increase?

Yes, promotions at SPI Products Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.