First Reserve Corp Salary

First Reserve Corp Salary

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As of April 2026, the average annual salary for employees at First Reserve Corp in the United States is $113,328. This translates to an approximate hourly wage of $54. Salaries at First Reserve Corp typically range from $99,333 to $128,573 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at First Reserve Corp

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

Is First Reserve Corp’s Pay Competitive? Salary Benchmarking Analysis

How does First Reserve Corp'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
Oxford Square Capital $112,653
-0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
First Reserve Sustainable Growth Corp $111,608
-1.5%
Indicates identical technical requirements and experience levels between the two firms.
Region 7 Education Fund Inc $101,482
-10.5%
Reflects market rates for standard general contracting, differing from specialized roles.
SHARE Ltd $96,113
-15.2%
Typical compensation structure for smaller regional agencies like SHARE Ltd.
Financial Services Industry $121,514
+7.2%
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.

How First Reserve Corp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at First Reserve Corp

Considering a career at First Reserve Corp? 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.
Pet insurance was a welcome surprise. Everything runs on a schedule. This organization provides a structured yet flexible working model. Innovative tools and technology support daily tasks efficiently.
Commented in April 30, 2025
26
3
Working with skilled peers elevates everyone's performance. Leadership is transparent and approachable, fostering a culture of trust and innovation. Fresh fruit in breakrooms. Total rewards packages are competitive within our sector.
Commented in March 26, 2025
46
3
Matching gift programs amplify our personal donations. Opportunities to lead and innovate are abundant, and leadership remains open to feedback and improvement ideas. Recognized for hard work regularly.
Commented in March 02, 2025
47
2
Touches make big differences. The inclusive and diverse workplace culture creates a sense of belonging. Doing good is baked into our culture. Leadership is professional but can be disconnected from daily challenges faced by employees. The benefits package is comprehensive, including excellent healthcare coverage and retirement options. The company attracts and retains top talent. Leadership is com...
Commented in November 12, 2024
44
3
While that suits the industry, it sometimes limits experimentation. However, that means less flexibility in how work is completed. The company supports ethical practices but doesn’t always recognize individual achievements. Local partnerships create real impact.
Commented in March 15, 2024
24
3

First Reserve Corp Overview

Website
www.firstreserve.com
Founded In
1983
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
262 Harbor Dr Stamford Connecticut CT 06902
Revenue
$10 Million - $50 Million
Phone Number
+1 2036616601
Social Media
About First Reserve Corp
First Reserve Corporation is a private equity firm specializing in leveraged buyouts and growth capital investments in the energy sector. First Reserve was founded in 1984 and is the oldest and largest private equity fund dedicated to investments in the energy sector. As of 2017, First Reserve had approximately 155 employees across three offices in Stamford, Connecticut, Houston, Texas and London.

What Benefits Does First Reserve Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Reserve Corp 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 Stamford?

Understanding the cost of living near Stamford is key to truly evaluating a salary offer or your current compensation at First Reserve Corp.
Stamford's Cost of Living Index is approximately 133.6 (33.6% more expensive than US average; 24.1% more than CT average). Fairfield County city, corporate hub, very high housing costs due to NYC proximity. CTtransit, Metro-North. When planning your budget based on a salary from First Reserve Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,200+ A significant portion of First Reserve Corp salary. Location choices impact this heavily.
Utilities (Basic) $200 - $320 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit pass, Metro-North extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $430 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,873 - $5,983+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Reserve Corp

1. How much does a First Reserve Corp employee make?

First Reserve Corp pays its employees an average of $113,328 per year. The average salary at First Reserve Corp range from $99,333 to $128,573 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 First Reserve Corp?

The salary at First Reserve Corp is higher than the similar company. The average annual salary at First Reserve Corp is $113,328, or an hourly wage of $54, in comparison to Oxford Square Capital which pays $112,653 per year or $54 per hour.

3. How much does a Managing Director typically earn at First Reserve Corp?

A Managing Director at First Reserve Corp typically earns an average annual base salary of around $877,256, with a general range of $669,006 to $1,109,282.

4. Do employees with advanced degrees (Master's, PhD) earn more at First Reserve Corp?

In many roles at First Reserve Corp, 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 Stamford affect the perceived value of a First Reserve Corp salary?

Stamford's Cost of Living Index is approximately 133.6 (33.6% more expensive than US average; 24.1% more than CT average). This significantly impacts the purchasing power of a salary from First Reserve Corp based there. Our "Cost of Living Insights for Stamford" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does First Reserve Corp typically offer employees?

First Reserve Corp 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 First Reserve Corp" section on this page.

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