Forward Electric Inc Salary

Forward Electric Inc Salary

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As of July 2026, the average annual salary for employees at Forward Electric Inc in the United States is $84,321. This translates to an approximate hourly wage of $41. Salaries at Forward Electric Inc typically range from $74,289 to $95,161 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Forward Electric Inc

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

Is Forward Electric Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Forward Electric 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
Damon-Marcus Co $79,711
-5.5%
Damon-Marcus Co operates with a leaner overhead structure, impacting base wage offers.
Blue Sky Roofing Inc $92,611
+9.8%
Adjusted for higher cost-of-living indices in Blue Sky Roofing Inc's primary metro hubs.
3rs Construction Management LLC $84,785
+0.6%
Suggests 3rs Construction Management LLC utilizes a highly similar base-plus-benefits compensation model.
Brad Moore Builders LLC $84,384
+0.1%
Confirms Brad Moore Builders LLC is a direct competitor vying for the exact same talent pool.
Construction Industry $119,814
+42.1%
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 Forward Electric Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Forward Electric Inc

Considering a career at Forward Electric 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.
Workload is consistent, but hours can be long depending on deadlines. Leadership is approachable and genuinely cares about employee well-being. The projects are diverse, ranging from infrastructure to commercial builds, keeping the work interesting. This shared vigilance creates a much safer and more caring work environment for us all. Leadership’s focus on safety and quality is evident daily.
Commented in February 22, 2025
9
3
It’s reassuring to know that we are part of a thriving and well-managed organization with a bright future, allowing us to plan our careers with confidence and peace of mind. This company truly builds careers as well as structures. Pay is standard, and benefits are average. Safety is a top priority, and the company provides extensive training to ensure everyone goes home unharmed. Advancement depen...
Commented in January 19, 2025
23
2
I value the collaborative work environment where knowledge sharing is encouraged. The benefits package is excellent, and the company supports continuous learning. Overall, this organization offers a rewarding career with meaningful impact on communities.
Commented in February 19, 2024
42
3

Forward Electric Inc Overview

Website
www.forwardelectric.com
Founded In
1980
Employees
<25 employees
Industry
Construction
Headquarter Address
6909 Raywood Rd Madison Wisconsin WI 53713
Revenue
<$5 Million
Phone Number
+1 6082211945
Social Media
About Forward Electric Inc
Forward Electric Inc is a company that operates in the Construction industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Madison, Wisconsin.

What Benefits Does Forward Electric Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forward Electric 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 Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Forward Electric Inc.
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Forward Electric Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Forward Electric Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forward Electric Inc

1. What is the average salary for employees at Forward Electric Inc?

The average annual total compensation for employees at Forward Electric Inc is approximately $84,321. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,289 to $95,161, depending on factors like job role, experience, and location.

2. How much does Forward Electric Inc pay compared to Damon-Marcus Co?

The average annual salary at Forward Electric Inc is $84,321, or an hourly wage of $41, in comparison to Damon-Marcus Co which pays $79,711 per year or $38 per hour.

3. What is the lowest salary at Forward Electric Inc?

The lowest-paying job at Forward Electric Inc is an Electrical Technician with a salary of $45,165 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Forward Electric Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Forward Electric Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Forward Electric Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Madison?

While some companies offer formal COLA, many, including potentially Forward Electric Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Forward Electric Inc?

Most companies, likely including Forward Electric Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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