Salary AI Book a Demo
Drake Electric Salary

Drake Electric Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at Drake Electric in the United States is $81,431. This translates to an approximate hourly wage of $39. Salaries at Drake Electric typically range from $71,741 to $91,893 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Drake Electric Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Electric. Based on our data, the highest paying job is the Electrical Contractor, with an annual salary of $48,426. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Drake Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Electric'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
AMCO Waterproofing $83,181
+2.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
B&h Specialty Construction Services LLC $82,981
+1.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Comfort Tech $77,686
-4.6%
Comfort Tech focuses strategically on recruiting and training entry-level apprentices.
Us Brick $83,224
+2.2%
Confirms Us Brick is a direct competitor vying for the exact same talent pool.
Construction Industry $119,814
+47.1%
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.

How Drake Electric's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Drake Electric

Considering a career at Drake Electric? 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.
The company culture encourages open communication, and there are clear channels for voicing concerns or suggesting improvements without fear of reprisal. Benefits are fine, though not standout. Safety training is mandatory, but follow-through depends on supervisors. Opportunities for career growth are real.
Commented in February 18, 2025
49
2
The leadership respects employee input, and recognition is given when it’s due. Coworkers are generally helpful, though coordination between trades can be inconsistent depending on the project manager. The company supports professional certifications and encourages continuous improvement, making it an excellent place for anyone looking to advance in construction. The variety of projects keeps my w...
Commented in February 04, 2025
43
2
As someone passionate about sustainable building, I'm thrilled to work. Leadership fosters a transparent and communicative environment where team members feel empowered. Management is efficient but communication could be more transparent and frequent. You feel like your contributions actually matter here. Workload fluctuates depending on project deadlines and weather.
Commented in June 26, 2024
38
3

Drake Electric Overview

Website
www.drakeelectricllc.com
Founded In
2018
Employees
<25 employees
Industry
Construction
Headquarter Address
6694 N Ridge Rd Fort Calhoun Nebraska NE 68023
Revenue
<$5 Million
Phone Number
+1 4026793798
Social Media
About Drake Electric
Our mission is to provide our customers with high quality work and hold our standards accountable in every aspect of our business. Jim Boelter, who has over 40 years experience in the electrical industry, started Drake Electric. He is a licensed Electrical Contractor in South Dakota and Nebraska. He is also a licensed Fire Alarm Installer in the state of Nebraska. Jim began his electrical journey

What Benefits Does Drake Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Electric 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)
Work at Drake Electric?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Omaha?

Understanding the cost of living near Omaha is key to truly evaluating a salary offer or your current compensation at Drake Electric.
Omaha's Cost of Living Index is approximately 90.2 (9.8% less expensive than US average; 0.8% less than NE average). Largest NE city (Warren Buffett), affordable housing. Metro Transit. When planning your budget based on a salary from Drake Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Drake Electric salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $55 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,255 - $3,565+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Electric

1. What is the average salary for employees at Drake Electric?

The average annual total compensation for employees at Drake Electric is approximately $81,431. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,741 to $91,893, depending on factors like job role, experience, and location.

2. How much does Drake Electric pay compared to AMCO Waterproofing?

The average annual salary at Drake Electric is $81,431, or an hourly wage of $39, in comparison to AMCO Waterproofing which pays $83,181 per year or $40 per hour.

3. How does having a professional certification impact salary for relevant roles at Drake Electric?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Drake Electric for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Drake Electric offer cost-of-living adjustments (COLA) for employees in high-cost areas like Omaha?

While some companies offer formal COLA, many, including potentially Drake Electric, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Drake Electric?

Most companies, likely including Drake Electric, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning