ERMCO Components Inc Salary

As of April 2026, the average annual salary for employees at ERMCO Components Inc in the United States is $100,881. This translates to an approximate hourly wage of $49. Salaries at ERMCO Components Inc typically range from $88,703 to $114,111 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at ERMCO Components Inc

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Is ERMCO Components Inc’s Pay Competitive? Salary Benchmarking Analysis

How does ERMCO Components 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
Hyosung Heavy Industries Corp $124,171
+23.1%
Driven by niche technical certifications required for Hyosung Heavy Industries Corp's specialized projects.
APR Energy $102,558
+1.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Firestone Industrial Products Company LLC $103,782
+2.9%
Confirms Firestone Industrial Products Company LLC is a direct competitor vying for the exact same talent pool.
Smyrna Ready Mix Concrete LLC $101,451
+0.6%
Suggests Smyrna Ready Mix Concrete LLC utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $121,746
+20.7%
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 ERMCO Components Inc

Considering a career at ERMCO Components 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.
This company values its people and it shows. The organization focuses on employee well-being and process improvement. Production schedules are realistic, and the team works together with purpose. For a company they ensure everyone feels fairly rewarded for their hard work and dedication. I greatly appreciate commitment to innovation and adopting cutting-edge technologies.
Adequate for stability, less ideal for growth. They truly value experience while also being open to new ideas from less experienced team members. This organization offers employees a stable and well-structured manufacturing environment focused on safety and quality. Career advancement opportunities exist but progress is often nfluenced by seniority. There’s a strong emphasis on continuous learning...
It’s a decent place to work if you value predictability and stability over career growth or high engagement in your day-to-day tasks. Pay is standard for industry. Employees receive regular training to enhance their skills and stay current with industry advancements.

ERMCO Components Inc Overview

Website
www.ermco-eci.com
Founded In
1964
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Address
2225 Industrial Rd Dyersburg Tennessee TN 38024
Revenue
$200 Million - $500 Million
Phone Number
+1 7312859121
Social Media
About ERMCO Components Inc
Founded in 1964, ERMCO is headquartered in Dyersburg, Tennessee. They are a producer of oil filled distribution transformers and transformer components in the United States.

What Benefits Does ERMCO Components Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. ERMCO Components 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at ERMCO Components Inc.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from ERMCO Components Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of ERMCO Components Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of ERMCO Components Inc

1. What is the typical salary range (low to high) for most roles at ERMCO Components Inc?

The typical annual salary range for most roles at ERMCO Components Inc is approximately from $88,703 to $114,111. 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 ERMCO Components Inc pay compared to Hyosung Heavy Industries Corp?

The average annual salary at ERMCO Components Inc is $100,881, or an hourly wage of $49, in comparison to Hyosung Heavy Industries Corp which pays $124,171 per year or $60 per hour.

3. Do salaries differ significantly between departments at ERMCO Components Inc?

Yes, salaries often differ between departments at ERMCO Components Inc 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 ERMCO Components Inc?

Experience level is a significant factor in determining salary at ERMCO Components Inc, 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 ERMCO Components Inc in Memphis is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at ERMCO Components Inc?

Several key factors influence salary levels at ERMCO Components Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: ERMCO Components Inc likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.