Waytech Machining Inc Salary

Waytech Machining Inc Salary

How much does the Waytech Machining Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Waytech Machining Inc in the United States is $96,240. This translates to an approximate hourly wage of $46. Salaries at Waytech Machining Inc typically range from $84,754 to $108,635 annually, reflecting the diverse roles and experience levels within the company. Waytech Machining 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.
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Current Job Openings at Waytech Machining Inc

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Is Waytech Machining Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Waytech Machining 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)
Waytech Machining Inc
MFG Durable
Oak Ridge Machining Inc
Engineering & Machining
Industry Comparison
Our data shows that, on average, compensation at Waytech Machining Inc is below the average for the U.S. MFG Durable industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Waytech Machining Inc average annual salary with several similar companies. Waytech Machining Inc average salary of $96,240 is higher than Oak Ridge Machining Inc, which has an average salary of $84,880. It is higher than Engineering & Machining, with their average salary at $95,428. This places Waytech Machining Inc in a competitive position among its peers.
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How Waytech Machining Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Waytech Machining Inc

Considering a career at Waytech Machining 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.
Employees are dedicated, but management changes affect stability. The team delivers exceptional quality in every batch produced. Facilities are clean, well-lit, and climate-controlled, creating a comfortable work environment. The HR team made onboarding smooth, and my supervisor is approachable and communicative. It suits employees who value routine and predictability over rapid change.
Commented in February 25, 2025
46
0
Flexible work schedules help employees balance their personal and professional lives. The focus on producing quality work is high, but the pressure is never overwhelming. It’s a decent introduction to manufacturing, and it is somehow in-depth. I never feel lost in the shuffle. It's a place where you feel like more than just a number.
Commented in September 09, 2024
45
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A place where everyone knows their role and helps others succeed. Work can be repetitive, with occasional high-pressure periods during peak production. The facility is well-maintained and safe for workers. Supervisors are polite but rarely offer praise.
Commented in July 27, 2024
44
1
The company culture is excellent, promoting collaboration and open communication across all departments. Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. This manufacturing firm excels at blending tradition with innovation. Processes are rigid. Training is provided but and it can be tailored to individual needs. We meet production goals tha...
Commented in May 12, 2024
46
3
Working at this manufacturer has been a career highlight. Those who show initiative and reliability are quickly noticed and rewarded. It’s reassuring to work for a company whose leadership not only understands the complexities of large-scale production but also empowers its workforce. Safety standards are clearly followed, and the facility is clean. I appreciate the strong safety culture and clean...
Commented in March 27, 2024
36
1

Waytech Machining Inc Overview

Website
Data pending, update soon.
Founded In
1997
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
20777 Kensington Blvd Lakeville Minnesota MN 55044
Revenue
<$5 Million
Phone Number
-
Social Media
About Waytech Machining Inc
Waytech Machining Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Lakeville, Minnesota.

What Benefits Does Waytech Machining Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Waytech Machining 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 Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Waytech Machining Inc.
Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Waytech Machining Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Waytech Machining Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (MVTA monthly 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,925 - $4,525+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Waytech Machining Inc

1. How much does Waytech Machining Inc in the United States pay?

Waytech Machining Inc pays its employees an average of $96,240 per year. The average salary at Waytech Machining Inc range from $84,754 to $108,635 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 Waytech Machining Inc employees get a higher salary than its peer company?

The salary at Waytech Machining Inc is higher than its peer company. The average annual salary at Waytech Machining Inc is $96,240, or an hourly wage of $46, in comparison to Oak Ridge Machining Inc which pays $84,880 per year or $41 per hour.

3. How much does salary increase with years of experience at Waytech Machining Inc?

Salary progression with years of experience at Waytech Machining Inc 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.

4. Do salaries at Waytech Machining Inc vary by office location?

Yes, it's very likely that salaries at Waytech Machining Inc 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 Lakeville section provides more context.

5. Does Waytech Machining Inc offer good benefits?

Waytech Machining Inc 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 Waytech Machining Inc" section on this page.

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