Electra Products Salary

As of September 2026, the average annual salary for employees at Electra Products in the United States is $86,694. This translates to an approximate hourly wage of $42. Salaries at Electra Products typically range from $76,250 to $98,039 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Electra Products Pay for Different Roles?

Explore detailed salary information for specific jobs at Electra Products. Based on our data, the highest paying job is the President, with an annual salary of $671,088. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Electra Products’s Pay Competitive? Salary Benchmarking Analysis

How does Electra Products'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
Ascend Aero Inc $99,552
+14.8%
Adjusted for higher cost-of-living indices in Ascend Aero Inc's primary metro hubs.
Tom's Tire Pros $82,770
-4.5%
Normalized for lower cost-of-living zones where Tom's Tire Pros primarily operates.
Thomason Auto Group $86,145
-0.6%
Indicates identical technical requirements and experience levels between the two firms.
Signature Truck Center $91,092
+5.1%
Influenced by prevailing union wage agreements specific to Signature Truck Center's sector.
Retail & Wholesale Industry $123,318
+42.2%
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 Electra Products

Considering a career at Electra Products? 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 retail sector can be demanding, but teamwork makes it manageable. The company offers great growth opportunities, and the team culture is very collaborative. The company supports career growth with training and mentorship. The training programs are excellent, and advancement opportunities are clear. Coworkers are easy to work with.
I’ve gained valuable skills since joining. The benefits and work flexibility are great perks. The workload is balanced, and the team is easygoing. Enjoy my role here. The Retail segment is fast-paced but well-supported. The pay is competitive, and the employee perks are a nice touch. Benefits are above average.
It’s a reliable employer for those in retail and wholesale. The job is consistent with reasonable expectations. The company culture is welcoming, and there’s a strong emphasis on work-life balance.

Electra Products Overview

Website
www.electraproducts.com
Founded In
1964
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1705 Midwest Blvd Indianapolis Indiana IN 46214
Revenue
<$5 Million
Phone Number
+1 3172475665
Social Media
About Electra Products
Elkay Manufacturing has acquired Electra products and will continue to supply replacement parts to customers, as well as continuing to build new furnaces within the Electra Products line of industrial furnaces. We look forward to servicing the Electra Products customers in the future. Ferrous & Non-Ferrous Heat Treating

What Benefits Does Electra Products Offer Beyond Salary?

A competitive compensation package is more than just a salary. Electra Products 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Electra Products.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Electra Products, 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 Electra Products salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Electra Products

1. What is the typical salary range (low to high) for most roles at Electra Products?

The typical annual salary range for most roles at Electra Products is approximately from $76,250 to $98,039. 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 Electra Products pay compared to Ascend Aero Inc?

The average annual salary at Electra Products is $86,694, or an hourly wage of $42, in comparison to Ascend Aero Inc which pays $99,552 per year or $48 per hour.

3. Do salaries differ significantly between departments at Electra Products?

Yes, salaries often differ between departments at Electra Products due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Electra Products?

Experience level is a significant factor in determining salary at Electra Products, 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.

5. How can I determine if a salary offer from Electra Products in Indianapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Electra Products?

Salary increases at Electra Products are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.