Universal Load Banks Salary

Universal Load Banks Salary

How much does the Universal Load Banks Pay for employees?

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As of May 2026, the average annual salary for employees at Universal Load Banks in the United States is $92,211. This translates to an approximate hourly wage of $44. Salaries at Universal Load Banks typically range from $80,877 to $104,490 annually, reflecting the diverse roles and experience levels within the company. Universal Load Banks’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 Load Banks Pay for Different Roles?

Explore detailed salary information for specific jobs at Universal Load Banks. 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 Universal Load Banks

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

Is Universal Load Banks’s Pay Competitive? Salary Benchmarking Analysis

How does Universal Load Banks’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 Load Banks
Financial Services
Cornell Venture Capital
Hill Bank and Trust Co
Industry Comparison
Our data shows that, on average, compensation at Universal Load Banks is below the average for the U.S. Financial Services 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 Universal Load Banks average annual salary with several similar companies. Universal Load Banks average salary of $92,211 is lower than Cornell Venture Capital, which has an average salary of $96,261. It is higher than Hill Bank and Trust Co, with their average salary at $87,485. This places Universal Load Banks in a mid-range position among its peers.
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How Universal Load Banks's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Universal Load Banks

Considering a career at Universal Load Banks? 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.
Despite having employees, teamwork is at the core of everything they do. Information flows freely in all directions. The company has a clear structure and defined expectations. Meeting culture is efficient and purposeful. Follow-up check-ins ensure smooth transitions.
Commented in May 24, 2025
49
3
Benefits, including retirement contributions and wellness programs, are comprehensive. Policies are clear, but some processes feel bureaucratic. Career growth exists but usually depends on seniority rather than performance. The rationale behind changes is always explained. We receive timely feedback, fair evaluations, and opportunities to step into leadership roles. There’s a strong emphasis on ac...
Commented in November 22, 2024
33
0
I’ve had excellent mentorship and space to develop professionally. High standards and accountability. The environment is demanding but fair. The leadership team is remarkably transparent about company performance, strategic direction, and industry challenges. The benefits are excellent, providing healthcare, wellness programs, and retirement plans.
Commented in November 12, 2024
18
2

Universal Load Banks Overview

Website
www.universalloadbanks.com
Founded In
2016
Employees
<25 employees
Industry
Financial Services
Headquarter Address
28200 Lakeview Dr Wixom Michigan MI 48393
Revenue
<$5 Million
Phone Number
+1 2485714125
Social Media
About Universal Load Banks
For 50 years, ULB and Testek have been designing and building custom test equipment for the Aerospace, Airlines, Aircraft Maintenance Facilities, Military, Industrial, Agricultural, Automotive and Nautical industries. With Testek's long history in load banks for the Aerospace industry and ULB's expertise with industrial load banks, it was a natural progression for us to develop a complete line of

What Benefits Does Universal Load Banks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Universal Load Banks 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Universal Load Banks.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Universal Load Banks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Universal Load Banks salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Universal Load Banks

1. How much does Universal Load Banks in the United States pay?

Universal Load Banks pays its employees an average of $92,211 per year. The average salary at Universal Load Banks range from $80,877 to $104,490 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. Do Universal Load Banks employees get a higher salary than its peer company?

The salary at Universal Load Banks is lesser than its peer company. The average annual salary at Universal Load Banks is $92,211, or an hourly wage of $44, in comparison to Cornell Venture Capital which pays $96,261 per year or $46 per hour.

3. What are the highest paying jobs at Universal Load Banks?

The higher-paying job at Universal Load Banks, according to our data, include Vice President, Operations (avg. $271,611 per year), Vice President, Engineering (avg. $212,736 per year), and Vice President, Sales (avg. $202,327 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Universal Load Banks?

Salary progression with years of experience at Universal Load Banks is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Universal Load Banks vary by office location?

Yes, it's very likely that salaries at Universal Load Banks vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Detroit section provides more context.

6. Does Universal Load Banks offer good benefits?

Universal Load Banks typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Universal Load Banks" section on this page.

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