Elevating Boats Inc Salary

Elevating Boats Inc Salary

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As of July 2026, the average annual salary for employees at Elevating Boats Inc in the United States is $93,075. This translates to an approximate hourly wage of $45. Salaries at Elevating Boats Inc typically range from $81,940 to $105,124 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Elevating Boats Inc

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Is Elevating Boats Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Elevating Boats 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
Pittsburgh Power Inc $90,850
-2.4%
Suggests Pittsburgh Power Inc utilizes a highly similar base-plus-benefits compensation model.
Gulf Craft LLC $85,787
-7.8%
Normalized for lower cost-of-living zones where Gulf Craft LLC primarily operates.
Palfinger Marine $87,622
-5.9%
Palfinger Marine may offer non-monetary perks in lieu of competitive base salaries.
Sheet Metal Workers Local Ii Building and Educational Fund Inc $92,917
-0.2%
Confirms Sheet Metal Workers Local Ii Building and Educational Fund Inc is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+30.8%
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 Elevating Boats Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Elevating Boats Inc

Considering a career at Elevating Boats 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.
Leadership is visible and accessible, promoting open dialogue. Management is approachable, and coworkers are always willing to help. Workloads can fluctuate significantly during busy periods. Great team environment with clear goals and expectations. This ethical approach resonates with many employees and adds to our pride in the organization.
Commented in April 28, 2025
8
0
Weekly goals keep us motivated. After years in the industry, I can confidently say this is the premier manufacturing employer. Heading to occasional dissatisfaction among staff seeking more dynamic roles. There's potential for improvement in training and equipment, but overall, the company performs adequately for its size. Supervisors are fair and encourage learning.
Commented in March 11, 2025
46
2
Skilled craftsmanship results in high-quality finished goods. You won’t feel overworked, but don’t expect excitement either. Communication is formal to address employee concerns. The operation maintains cutting-edge facilities while preserving valuable institutional knowledge.
Commented in January 26, 2025
16
3
What makes this company different is how leadership prioritizes employee development and team cohesion. Management fosters an open culture where ideas for process enhancements are welcomed and acted upon. The competitive pay and solid benefits are also a significant plus, contributing to overall job satisfaction and long-term commitment. Production goals are fair and consistently met. Compensation...
Commented in June 01, 2024
20
1
Good work-life balance with flexible scheduling options. These initiatives, like health screenings or fitness challenges, are a great perk and contribute to a healthier, happier workforce, which I really appreciate. From good benefits to recognizing hard work, you feel like a valued team member, not just a number. The manufacturing firm provides steady employment and standard benefits, but communi...
Commented in January 19, 2024
36
3

Elevating Boats Inc Overview

Website
www.ebi-inc.com
Founded In
1949
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
124 Finish Line Ln Houma Louisiana LA 70360
Revenue
$10 Million - $50 Million
Phone Number
+1 9858689655
Social Media
About Elevating Boats Inc
In 1955, Lynn Dean and his brother Orin, married the concept of a jack up rig with an offshore supply vessel. They lowered the legs to the bottom of the seafloor and elevated the boat above the water to the level of the offshore platform. This self-elevating, self-propelled vessel provided a stable platform for workers to address the needs of an offshore platform used for the oil & gas industry in

What Benefits Does Elevating Boats Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elevating Boats 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 Houma?

Understanding the cost of living near Houma is key to truly evaluating a salary offer or your current compensation at Elevating Boats Inc.
Houma's Cost of Living Index is approximately 85.1 (14.9% less expensive than US average; 8.5% less than LA average). Bayou country, oil/gas and fishing industries, affordable. Good Earth Transit. When planning your budget based on a salary from Elevating Boats Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Elevating Boats Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,030 - $3,230+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elevating Boats Inc

1. How much does an Elevating Boats Inc employee make?

Elevating Boats Inc pays its employees an average of $93,075 per year. The average salary at Elevating Boats Inc range from $81,940 to $105,124 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 Elevating Boats Inc?

The salary at Elevating Boats Inc is higher than the similar company. The average annual salary at Elevating Boats Inc is $93,075, or an hourly wage of $45, in comparison to Pittsburgh Power Inc which pays $90,850 per year or $44 per hour.

3. How much does a President typically earn at Elevating Boats Inc?

A President at Elevating Boats Inc typically earns an average annual base salary of around $720,486, with a general range of $551,868 to $906,972.

4. Do employees with advanced degrees (Master's, PhD) earn more at Elevating Boats Inc?

In many roles at Elevating Boats 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 Houma affect the perceived value of a Elevating Boats Inc salary?

Houma's Cost of Living Index is approximately 85.1 (14.9% less expensive than US average; 8.5% less than LA average). This significantly impacts the purchasing power of a salary from Elevating Boats Inc based there. Our "Cost of Living Insights for Houma" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Elevating Boats Inc typically offer employees?

Elevating Boats 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 Elevating Boats Inc" section on this page.

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