Drexel Hereford Salary

As of May 2026, the average annual salary for employees at Drexel Hereford in the United States is $90,945. This translates to an approximate hourly wage of $44. Salaries at Drexel Hereford typically range from $79,933 to $102,892 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Drexel Hereford

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Is Drexel Hereford’s Pay Competitive? Salary Benchmarking Analysis

How does Drexel Hereford'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
Phillips Towing Service Inc $81,968
-9.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Captain Cook Real Estate $91,166
+0.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
hirsch tucker LLC $82,042
-9.8%
hirsch tucker LLC focuses strategically on recruiting and training entry-level apprentices.
Meridian Structural Engineers Inc $96,082
+5.6%
Reflects structural premiums typical of Meridian Structural Engineers Inc's large-cap national operations.
Business Services Industry $120,931
+33.0%
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 Drexel Hereford

Considering a career at Drexel Hereford? 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 culture is professional but lacks vibrancy. While all were professional, the lack of continuity meant repeatedly explaining our needs. Managers are responsive to feedback, and employees feel valued for their contributions. Working here has been an enriching journey.
It’s a positive place for people looking to challenge themselves while being part of a collaborative and driven team. They deliver what’s promised, but don’t expect extra perks. Our company successfully combines a professional, high-performance environment with a genuinely friendly and approachable atmosphere. Leadership understands the importance of rest and recharging.
This positive reinforcement makes you want to consistently do your best. I appreciate that failure is treated as a learning opportunity. The work-life balance is also well respected. The work can feel monotonous, especially in back-office roles. Highly recommend their services!. It’s a great feeling to work somewhere that gives back.

Drexel Hereford Overview

Website
www.drexelhereford.com
Founded In
2014
Employees
<25 employees
Industry
Business Services
Headquarter Address
22757 Woodward Ave Ferndale Michigan MI 48220
Revenue
<$5 Million
Phone Number
+1 2487310002
Social Media
About Drexel Hereford
Drexel Hereford was founded by Jeffrey Schroeder. A native of Michigan and graduate of Michigan State University, Jeff has more than 25 years of experience as a Licensed Professional Investigator (State of Michigan look up Michigan license #3701201471 and State of Arizona look up Arizona license #1662761) and genealogical researcher. The name Drexel Hereford comes from the two streets in Detroit w

What Benefits Does Drexel Hereford Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drexel Hereford 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Drexel Hereford.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Drexel Hereford, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Drexel Hereford salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drexel Hereford

1. What is the average salary for employees at Drexel Hereford?

The average annual total compensation for employees at Drexel Hereford is approximately $90,945. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,933 to $102,892, depending on factors like job role, experience, and location.

2. How much does Drexel Hereford pay compared to Phillips Towing Service Inc?

The average annual salary at Drexel Hereford is $90,945, or an hourly wage of $44, in comparison to Phillips Towing Service Inc which pays $81,968 per year or $39 per hour.

3. How does having a professional certification impact salary for relevant roles at Drexel Hereford?

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 Drexel Hereford for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Drexel Hereford offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?

While some companies offer formal COLA, many, including potentially Drexel Hereford, 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 Drexel Hereford?

Most companies, likely including Drexel Hereford, 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.