Farstad Oil Inc Salary

Farstad Oil Inc Salary

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As of August 2026, the average annual salary for employees at Farstad Oil Inc in the United States is $95,069. This translates to an approximate hourly wage of $46. Salaries at Farstad Oil Inc typically range from $83,535 to $107,648 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Farstad Oil Inc

Ready for your next career move? Explore current job openings at Farstad Oil Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Farstad Oil Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Farstad Oil 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
Palmdale Oil Co $92,031
-3.2%
Palmdale Oil Co likely leverages performance bonuses over the high base salary shown here.
Berge Ford Inc $99,858
+5.0%
Driven by niche technical certifications required for Berge Ford Inc's specialized projects.
Skyline Furniture Mfg. Inc $103,455
+8.8%
Reflects structural premiums typical of Skyline Furniture Mfg. Inc's large-cap national operations.
Del City $101,714
+7.0%
Supported by Del City's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $123,318
+29.7%
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.

How Farstad Oil Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Farstad Oil Inc

Considering a career at Farstad Oil 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.
There’s a real sense of teamwork. The workplace environment is standard for the industry, with typical challenges but nothing overwhelming. The company offers a great work-life balance and flexible scheduling. Working at this company has been a great experience. The company also offers solid benefits.
Commented in May 09, 2025
47
0
Colleagues are professional, and the workload is manageable. This company stands out in the Retail & Wholesale industry for its employee-focused approach. The retail environment is clean, and training is provided. Management keeps employees informed about company updates. There’s a strong sense of community, with volunteer opportunities and social events. The retail side is fast-paced but rewardin...
Commented in March 06, 2025
31
3
The workplace is structured, and tasks are well-defined. The training programs have helped me develop valuable skills. Management listens to feedback, and there are plenty of growth opportunities. The Retail segment is fast-paced but well-supported. Colleagues are friendly, and schedules are flexible.
Commented in January 28, 2024
28
2

Farstad Oil Inc Overview

Website
www.farstadoil.com
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
100 NE 27 St Minot North Dakota ND 58703
Revenue
$50 Million - $200 Million
Phone Number
+1 7018521194
Social Media

What Benefits Does Farstad Oil Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farstad Oil 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 Minot?

Understanding the cost of living near Minot is key to truly evaluating a salary offer or your current compensation at Farstad Oil Inc.
Minot's Cost of Living Index is approximately 92.1 (7.9% less expensive than US average; 3.6% less than ND average). 'Magic City' (Minot AFB), oil influence, housing fluctuates. Minot City Transit. When planning your budget based on a salary from Farstad Oil 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 Farstad Oil Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,100 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farstad Oil Inc

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

The typical annual salary range for most roles at Farstad Oil Inc is approximately from $83,535 to $107,648. 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 Farstad Oil Inc pay compared to Palmdale Oil Co?

The average annual salary at Farstad Oil Inc is $95,069, or an hourly wage of $46, in comparison to Palmdale Oil Co which pays $92,031 per year or $44 per hour.

3. Do salaries differ significantly between departments at Farstad Oil Inc?

Yes, salaries often differ between departments at Farstad Oil 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 Farstad Oil Inc?

Experience level is a significant factor in determining salary at Farstad Oil 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 Farstad Oil Inc in Minot is fair given the local cost of living?

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

6. Are the salaries listed for Farstad Oil Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Farstad Oil Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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