Central Power Electric Co-Op Salary

Central Power Electric Co-Op pays its employees an average of $90,627 per year. The average salary at Central Power Electric Co-Op range from $79,884 to $102,361 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.

The salary at Central Power Electric Co-Op is higher than the similar company. The average annual salary at Central Power Electric Co-Op is $90,627, or an hourly wage of $44, in comparison to CANTIUM which pays $90,596 per year or $44 per hour.

In many roles at Central Power Electric Co-Op, 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.

Minot's Cost of Living Index is approximately 92.1 (7.9% less expensive than US average; 3.6% less than ND average). This significantly impacts the purchasing power of a salary from Central Power Electric Co-Op based there. Our "Cost of Living Insights for Minot" module details this impact, helping you assess the 'real feel' value of your compensation.

Central Power Electric Co-Op 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 Central Power Electric Co-Op" section on this page.