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Gustafson Excavating Inc Salary

Gustafson Excavating Inc Salary

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As of October 2026, the average annual salary for employees at Gustafson Excavating Inc in the United States is $96,757. This translates to an approximate hourly wage of $47. Salaries at Gustafson Excavating Inc typically range from $85,221 to $109,257 annually, reflecting the diverse roles and experience levels within the company.
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Is Gustafson Excavating Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Gustafson Excavating 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
Parsons Steel Erectors Inc $85,724
-11.4%
Parsons Steel Erectors Inc focuses strategically on recruiting and training entry-level apprentices.
Elite Electric and Air Inc $85,207
-11.9%
Normalized for lower cost-of-living zones where Elite Electric and Air Inc primarily operates.
Glenn Rehbein Companies $96,630
-0.1%
Confirms Glenn Rehbein Companies is a direct competitor vying for the exact same talent pool.
Shumaker Trucking & Excavating Contractors Inc $78,308
-19.1%
Shumaker Trucking & Excavating Contractors Inc operates with a leaner overhead structure, impacting base wage offers.
Construction Industry $119,814
+23.8%
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 Gustafson Excavating Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Gustafson Excavating Inc

Considering a career at Gustafson Excavating 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.
The projects are challenging but rewarding, and there’s a strong sense of pride in the work we do. Leadership listens and acts on concerns quickly. Good work-life balance for the construction industry. Schedules are fair, and job sites are run efficiently.
Commented in February 04, 2025
32
3
Overall, this organization offers a rewarding career with meaningful impact on communities. Training is available and it is strongly promoted. I appreciate how well the site managers communicate and resolve issues. I’m proud to be part of a company that builds with integrity. Everyone contributes and shares the workload. Great crew dynamics and respect from every level of the organization. This et...
Commented in June 18, 2024
27
3
Encourages innovation and problem-solving on site. Some sites have great leadership, others less so. It fosters a sense of belonging and shared purpose within the organization, which is very positive. The collaborative culture makes it easy to share ideas and learn from peers. Problem-solving is encouraged and recognized here.
Commented in March 30, 2024
45
0

Gustafson Excavating Inc Overview

Website
www.gustafsonexcavating.com
Founded In
2001
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
6610 410th St North Branch Minnesota MN 55056
Revenue
$10 Million - $50 Million
Phone Number
+1 6516747430
Social Media
About Gustafson Excavating Inc
Locally owned and operated with over 60 years of combined experience, the professional at Gustafson Excavating specialize in commercial and residential site work. Additionally, you can also rely on our loyal professionals for all of your snowplowing, septic, and sewer system needs. We are a licensed and insured company, and our owner, Kevin, has over 35 years of experience. Call us today to learn

What Benefits Does Gustafson Excavating Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gustafson Excavating 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Gustafson Excavating Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Gustafson Excavating Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Gustafson Excavating Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gustafson Excavating Inc

1. How much does a Gustafson Excavating Inc employee make?

Gustafson Excavating Inc pays its employees an average of $96,757 per year. The average salary at Gustafson Excavating Inc range from $85,221 to $109,257 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 Gustafson Excavating Inc?

The salary at Gustafson Excavating Inc is higher than the similar company. The average annual salary at Gustafson Excavating Inc is $96,757, or an hourly wage of $47, in comparison to Parsons Steel Erectors Inc which pays $85,724 per year or $41 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Gustafson Excavating Inc?

In many roles at Gustafson Excavating Inc, 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.

4. How does the cost of living near Minneapolis affect the perceived value of a Gustafson Excavating Inc salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Gustafson Excavating Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Gustafson Excavating Inc typically offer employees?

Gustafson Excavating Inc 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 Gustafson Excavating Inc" section on this page.

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