Cedar Lake Electric Inc Salary

As of August 2026, the average annual salary for employees at Cedar Lake Electric Inc in the United States is $87,960. This translates to an approximate hourly wage of $42. Salaries at Cedar Lake Electric Inc typically range from $77,478 to $99,295 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Cedar Lake Electric Inc

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Is Cedar Lake Electric Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Cedar Lake Electric Inc'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
BIRS Inc $87,358
-0.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Western Pacific Electric Inc $90,934
+3.4%
Data suggests Western Pacific Electric Inc's workforce skews heavily towards veteran, high-tenure roles.
AV-Worx $89,299
+1.5%
Indicates identical technical requirements and experience levels between the two firms.
Stiltner Electric Inc $85,555
-2.7%
Confirms Stiltner Electric Inc is a direct competitor vying for the exact same talent pool.
Construction Industry $119,814
+36.2%
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 Cedar Lake Electric Inc

Considering a career at Cedar Lake Electric 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.
Overcoming these obstacles as a team and seeing a difficult build come together successfully is incredibly rewarding and keeps the work stimulating, pushing us to innovate constantly. This recognition for our collective hard work and achievements is a great motivator and strengthens team bonds. It’s reassuring to work for a company whose leadership not only understands the complexities of construc...
Benefits are average, but overtime pay helps. Teams collaborate effectively across departments, and management supports innovation at every level. Workload can vary significantly depending on project phase. Management listens and invests in employee development. I enjoy the variety of construction projects we undertake; it keeps the work interesting and allows me to develop a broad range of skills...
This behind-the-scenes coordination is vital for maintaining productivity and minimizing downtime for the crews, allowing us to focus on the build without unnecessary delays or frustrations. Some sites have great leadership, others less so. Equipment is generally reliable, but some tools are outdated. This constructive approach is essential for navigating the complexities of our industry successfu...
Benefits are competitive and include paid time off and health coverage. Projects are large and generally well-organized, but communication is hit or miss. Company events help build team spirit. Leadership encourages employee input and provides clear paths for career advancement.

Cedar Lake Electric Inc Overview

Website
www.cedarlakeelectric.com
Founded In
1975
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
20700 Bagley Ave Faribault Minnesota MN 55021
Revenue
$5 Million - $10 Million
Phone Number
+1 5073349546
Social Media
About Cedar Lake Electric Inc
Cedar Lake Electric, Inc. has specialized in doing energy-efficient lighting upgrades and retrofits ever since they were first implemented by many electrical utilities. And since we are a full service electrical contractor, you can be assured that your lighting project will be designed and installed by professionals. With 35 years of experience backing us, Cedar Lake Electric can perform a survey

What Benefits Does Cedar Lake Electric Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cedar Lake Electric 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Cedar Lake Electric Inc.
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 Cedar Lake Electric Inc, 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 Cedar Lake Electric Inc 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 Cedar Lake Electric Inc

1. How much does a Cedar Lake Electric Inc employee make?

Cedar Lake Electric Inc pays its employees an average of $87,960 per year. The average salary at Cedar Lake Electric Inc range from $77,478 to $99,295 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 Cedar Lake Electric Inc?

The salary at Cedar Lake Electric Inc is higher than the similar company. The average annual salary at Cedar Lake Electric Inc is $87,960, or an hourly wage of $42, in comparison to BIRS Inc which pays $87,358 per year or $42 per hour.

3. How much does a President typically earn at Cedar Lake Electric Inc?

A President at Cedar Lake Electric Inc typically earns an average annual base salary of around $680,886, with a general range of $521,812 to $856,684.

4. Do employees with advanced degrees (Master's, PhD) earn more at Cedar Lake Electric Inc?

In many roles at Cedar Lake Electric Inc, 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.

5. How does the cost of living near Minneapolis affect the perceived value of a Cedar Lake Electric Inc salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Cedar Lake Electric Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Cedar Lake Electric Inc typically offer employees?

Cedar Lake Electric Inc 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 Cedar Lake Electric Inc" section on this page.