Altra Electric LLC Salary

As of September 2026, the average annual salary for employees at Altra Electric LLC in the United States is $94,067. This translates to an approximate hourly wage of $45. Salaries at Altra Electric LLC typically range from $82,875 to $106,160 annually, reflecting the diverse roles and experience levels within the company.
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Is Altra Electric LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Altra Electric LLC's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Heritage Plastering Inc $104,415
+11.0%
Driven by niche technical certifications required for Heritage Plastering Inc's specialized projects.
Xtreme Electrical Services Inc $95,111
+1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
InCompass IT Inc $92,379
-1.8%
Confirms InCompass IT Inc is a direct competitor vying for the exact same talent pool.
Platinum Electric LLC $85,576
-9.0%
Normalized for lower cost-of-living zones where Platinum Electric LLC primarily operates.
Construction Industry $119,814
+27.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Altra Electric LLC

Considering a career at Altra Electric LLC? 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.
It makes us feel truly appreciated and fosters a sense of pride in our accomplishments on construction projects. The company is great at securing a steady flow of construction projects for us. There’s a good work-life balance, especially considering the industry. Efficient project management processes in place. Working conditions are solid, and high-quality equipment is provided.
This company values hard work and delivers high-quality projects. Management consistently demonstrates a real commitment to employee well-being, actively listening to our feedback and taking tangible steps to improve our work environment. This construction company empowers its employees. Management understands the demands and tries to be flexible when possible. Some sites have great leadership, ot...
It’s motivating to see our collective efforts celebrated, making us look forward to the next construction challenge with renewed enthusiasm and dedication. Emphasis on quality workmanship. Collaboration exists but may be hindered by departmental silos. Benefits are solid, and there are plenty of opportunities to advance. The company invests in cutting-edge technology, which makes our work efficien...

Altra Electric LLC Overview

Website
www.altraelectric.com
Founded In
2009
Employees
<25 employees
Industry
Construction
Headquarter Address
15800 Central Ave NE Andover Minnesota MN 55304
Revenue
$5 Million - $10 Million
Phone Number
+1 7632086164
Social Media
About Altra Electric LLC
Altra Electric LLC is a company that operates in the Construction industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Andover, Minnesota.

What Benefits Does Altra Electric LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Altra Electric LLC 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Altra Electric LLC.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Altra Electric LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Altra Electric LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 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) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Altra Electric LLC

1. What is the typical salary range (low to high) for most roles at Altra Electric LLC?

The typical annual salary range for most roles at Altra Electric LLC is approximately from $82,875 to $106,160. 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. How much does Altra Electric LLC pay compared to Heritage Plastering Inc?

The average annual salary at Altra Electric LLC is $94,067, or an hourly wage of $45, in comparison to Heritage Plastering Inc which pays $104,415 per year or $50 per hour.

3. How does experience level affect salary at Altra Electric LLC?

Experience level is a significant factor in determining salary at Altra Electric LLC, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Altra Electric LLC in Minneapolis is fair given the local cost of living?

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

5. Are the salaries listed for Altra Electric LLC on Salary.com pre-tax or after-tax?

All salary figures displayed for Altra Electric LLC, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.