Universal Iron Works Inc Salary

How much does the Universal Iron Works Inc Pay for employees?

As of August 2026, the average annual salary for employees at Universal Iron Works Inc in the United States is $92,358. This translates to an approximate hourly wage of $44. Salaries at Universal Iron Works Inc typically range from $81,363 to $104,221 annually, reflecting the diverse roles and experience levels within the company. Universal Iron Works 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 Universal Iron Works Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Universal Iron Works 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 Universal Iron Works Inc

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

Is Universal Iron Works Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Universal Iron Works 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)
Universal Iron Works Inc
Construction
Murrco Inc
Rogers Contracting LLC
Industry Comparison
Our data shows that, on average, compensation at Universal Iron Works Inc is below the average for the U.S. Construction 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 Universal Iron Works Inc average annual salary with several similar companies. Universal Iron Works Inc average salary of $92,358 is higher than Murrco Inc, which has an average salary of $91,841. It is higher than Rogers Contracting LLC, with their average salary at $84,584. This places Universal Iron Works Inc in a competitive 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 Universal Iron Works Inc

Considering a career at Universal Iron Works 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.
However, the workplace culture can feel rigid, with limited informal interaction. The leadership is approachable, listens to feedback, and values employee contributions. Employees encouraged to share ideas. The combination of a supportive and respectful culture, ample opportunities for growth, and a strong commitment to quality and safety creates an environment where employees can truly thrive bot...
Safety is emphasized, and it is followed strictly on-site. Structured training programs, responsive supervisors, and clear expectations make the work straightforward. It depends a lot on your foreman and team structure. Great support from coworkers and senior staff alike. We work with up-to-date tools and follow well-organized plans. We tackle everything from minor renovations to large-scale new c...
Work-life balance is respected, and teamwork is highly valued throughout the organization. Workload can vary significantly depending on project phase. The work environment is formal, favoring predictability over creativity or rapid change. Management is approachable, and team collaboration is strong on job sites.

Universal Iron Works Inc Overview

Website
www.universaliron.com
Founded In
1972
Employees
<25 employees
Industry
Construction
Headquarter Address
1135 S Kolmar Ave Chicago Illinois IL 60624
Revenue
<$5 Million
Phone Number
+1 7738264766
Social Media
About Universal Iron Works Inc
Universal Iron Works, Inc. is a fabricator and erector of structural, ornamental and miscellaneous iron work since 1987. We specialize in the fabrication and installation of structural steel, metal stairs, balconies, canopies and ornamental iron work. We have a 50,000 sq. ft. fabricating and welding manufacturing facility. Our professional draftsmen, engineers and designers on staff, design shop d

What Benefits Does Universal Iron Works Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Universal Iron Works 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Universal Iron Works Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Universal Iron Works Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Universal Iron Works Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Universal Iron Works Inc

1. What is the estimated average total compensation at Universal Iron Works Inc?

Salary.com estimates that the average total compensation package at Universal Iron Works Inc, which can include base salary, potential bonuses, and benefits, is around $92,358 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Universal Iron Works Inc pay compared to Murrco Inc?

The average annual salary at Universal Iron Works Inc is $92,358, or an hourly wage of $44, in comparison to Murrco Inc which pays $91,841 per year or $44 per hour.

3. Do salaries differ significantly between departments at Universal Iron Works Inc?

Yes, salaries often differ between departments at Universal Iron Works 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 Universal Iron Works Inc?

Salary progression from an entry-level to a senior role at Universal Iron Works 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 Universal Iron Works Inc in Chicago is fair given the local cost of living?

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

6. Are promotions at Universal Iron Works Inc usually accompanied by a significant salary increase?

Yes, promotions at Universal Iron Works 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.