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Franklin Baker Inc Salary

Franklin Baker Inc Salary

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As of September 2026, the average annual salary for employees at Franklin Baker Inc in the United States is $98,012. This translates to an approximate hourly wage of $47. Salaries at Franklin Baker Inc typically range from $86,302 to $110,745 annually, reflecting the diverse roles and experience levels within the company.
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Is Franklin Baker Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Franklin Baker 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
California Natural Products $112,579
+14.9%
Reflects a supply-demand imbalance for the specific talent California Natural Products targets.
Stein Fibers Ltd $107,495
+9.7%
Adjusted for higher cost-of-living indices in Stein Fibers Ltd's primary metro hubs.
Sturm Foods Inc $101,862
+3.9%
Reflects structural premiums typical of Sturm Foods Inc's large-cap national operations.
Hickey Freeman Co Inc $104,752
+6.9%
Supported by Hickey Freeman Co Inc's high-margin contracts allowing higher overhead.
MFG Nondurable Industry $125,011
+27.5%
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 Franklin Baker Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Franklin Baker Inc

Considering a career at Franklin Baker 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.
Training opportunities are available, and the team collaborates effectively. At this company, employees experience a supportive workplace with a clear focus on safety and quality standards. You feel appreciated and respected here. Tools and support are available, though innovation take hold here. across multiple facilities, there's a strong culture of safety, quality and teamwork.
Commented in February 09, 2025
21
3
Safety standards exceed industry requirements regularly. Communication is strong across departments, and performance is recognized. Safety protocols are strictly enforced, ensuring a secure environment for all. Communication is adequate but could improve for better efficiency. Facilities are modern and well-maintained, with the latest manufacturing technologies. Benefits surpass industry standards...
Commented in October 31, 2024
22
3
Safe environment, realistic deadlines, and plenty of growth potential. Benefits are competitive, including health insurance and retirement plans. Seeing our products used in critical applications worldwide gives tremendous pride in our work.
Commented in January 16, 2024
20
0

Franklin Baker Inc Overview

Website
www.franklinbaker.com
Founded In
1894
Employees
200 - 500 employees
Industry
MFG Nondurable
Headquarter Address
8275 Tournament Drive Southwind B Office Ctr Memphis Tennessee TN 38125
Revenue
$50 Million - $200 Million
Phone Number
+1 9018816681
Social Media
About Franklin Baker Inc
Since 1894, Franklin Baker has been producing and supplying desiccated coconuts, coconut concentrates, and oils. Headquartered in Memphis, Tennessee, their products are shipped to over 50 countries.

What Benefits Does Franklin Baker Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Franklin Baker 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 Franklin Baker 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 Franklin Baker 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 Franklin Baker 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 Franklin Baker Inc

1. What is the estimated average total compensation at Franklin Baker Inc?

Salary.com estimates that the average total compensation package at Franklin Baker Inc, which can include base salary, potential bonuses, and benefits, is around $98,012 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Franklin Baker Inc pay compared to California Natural Products?

The average annual salary at Franklin Baker Inc is $98,012, or an hourly wage of $47, in comparison to California Natural Products which pays $112,579 per year or $54 per hour.

3. Do salaries differ significantly between departments at Franklin Baker Inc?

Yes, salaries often differ between departments at Franklin Baker 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Franklin Baker Inc?

Salary progression from an entry-level to a senior role at Franklin Baker Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Franklin Baker Inc in Memphis is fair given the local cost of living?

To determine if a salary offer from Franklin Baker Inc in Memphis is fair, first compare the gross salary to our data for similar roles at Franklin Baker 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. Are promotions at Franklin Baker Inc usually accompanied by a significant salary increase?

Yes, promotions at Franklin Baker Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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