Vartek Machinery Salary

How much does the Vartek Machinery Pay for employees?

As of October 2026, the average annual salary for employees at Vartek Machinery in the United States is $93,814. This translates to an approximate hourly wage of $45. Salaries at Vartek Machinery typically range from $82,508 to $106,087 annually, reflecting the diverse roles and experience levels within the company. Vartek Machinery’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 Vartek Machinery Pay for Different Roles?

Explore detailed salary information for specific jobs at Vartek Machinery. 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 Vartek Machinery

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

Is Vartek Machinery’s Pay Competitive? Salary Benchmarking Analysis

How does Vartek Machinery’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)
Vartek Machinery
Retail & Wholesale
Mngh LLC
Solwel Corp
Industry Comparison
Our data shows that, on average, compensation at Vartek Machinery is below the average for the U.S. Retail & Wholesale 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 Vartek Machinery average annual salary with several similar companies. Vartek Machinery average salary of $93,814 is higher than Mngh LLC, which has an average salary of $85,386. It is higher than Solwel Corp, with their average salary at $88,044. This places Vartek Machinery 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 Vartek Machinery

Considering a career at Vartek Machinery? 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’d recommend this company to anyone looking for growth in the industry. Competitive pay and good employee discounts. The benefits are competitive, and the leadership is transparent. Coworkers are friendly, and managers are fair. The company invests in technology to streamline workflows, making daily tasks more efficient.
Opportunities for skill development are available. Management is responsive to feedback, and employee suggestions are often implemented. The wholesale division is efficient, and morale is high. The workplace is organized, and the team is efficient. The workplace culture is inclusive, and diversity is celebrated. Feels like a second home. The company has a strong vision, and employees are aligned w...
It’s a reliable employer for those seeking long-term roles. The workload is manageable, and managers are understanding. The job is steady, and the company follows fair policies.

Vartek Machinery Overview

Website
www.vartekmachinery.com
Founded In
1988
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
2135 Point Blvd Elgin Illinois IL 60123
Revenue
<$5 Million
Phone Number
+1 8153998700
Social Media
About Vartek Machinery
Vartek Machinery,brake press, gullotne shear, metal fabrcaton, press brake, shear, steel fabrcaton,press brake.

What Benefits Does Vartek Machinery Offer Beyond Salary?

A competitive compensation package is more than just a salary. Vartek Machinery 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 Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at Vartek Machinery.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from Vartek Machinery, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of Vartek Machinery salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Vartek Machinery

1. How much does a Vartek Machinery employee make?

Vartek Machinery pays its employees an average of $93,814 per year. The average salary at Vartek Machinery range from $82,508 to $106,087 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. Which similar company tend to pay more or less than Vartek Machinery?

The salary at Vartek Machinery is higher than the similar company. The average annual salary at Vartek Machinery is $93,814, or an hourly wage of $45, in comparison to Mngh LLC which pays $85,386 per year or $41 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Vartek Machinery?

In many roles at Vartek Machinery, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Elgin affect the perceived value of a Vartek Machinery salary?

Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). This significantly impacts the purchasing power of a salary from Vartek Machinery based there. Our "Cost of Living Insights for Elgin" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Vartek Machinery typically offer employees?

Vartek Machinery generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Vartek Machinery" section on this page.