602 DRILLING SERVICES Inc Salary

As of August 2026, the average hourly salary for employees at 602 DRILLING SERVICES Inc in the United States is $49. This translates to an approximate annual wage of $102,864. Salaries at 602 DRILLING SERVICES Inc typically range from $44 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at 602 DRILLING SERVICES Inc

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Is 602 DRILLING SERVICES Inc’s Pay Competitive? Salary Benchmarking Analysis

How does 602 DRILLING SERVICES 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
Fred Anderson & Sons Exploration Drilling Inc $45
-9.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Henry Mechanical $46
-7.5%
Normalized for lower cost-of-living zones where Henry Mechanical primarily operates.
Cox Water Well Service Inc $40
-20.0%
Cox Water Well Service Inc operates with a leaner overhead structure, impacting base wage offers.
Bawden Drilling Inc $45
-9.0%
Bawden Drilling Inc likely leverages performance bonuses over the high base salary shown here.
Construction Industry $58
+16.5%
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.

Employee Reviews: Working at 602 DRILLING SERVICES Inc

Considering a career at 602 DRILLING SERVICES 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.
Most promotions are internal, but there’s little communication about how to move forward or improve performance. Management understands the demands and tries to be flexible when possible. Supervisors are professional but sometimes distant. Management values employee feedback regularly. Leadership is approachable and values employee input.
The work environment is formal, favoring predictability over creativity or rapid change. Pay is standard, and benefits are average. The emphasis on sustainability and innovation demonstrates forward-thinking values. The benefits offered are competitive for the construction industry, including good health coverage and retirement options. I value the collaborative work environment where knowledge sh...
This company has provided me with stability and growth for several years. I appreciate the balance between autonomy and teamwork this company provides. Their strategic decisions inspire confidence and ensure that we remain a leading player in the competitive construction market, securing our future.

602 DRILLING SERVICES Inc Overview

Website
Data pending, update soon.
Founded In
1982
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
10889 Wilshire Blvd Los Angeles California CA 90024
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About 602 DRILLING SERVICES Inc
602 DRILLING SERVICES Inc is a company that operates in the Oil & Energy industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Los Angeles, California.

What Benefits Does 602 DRILLING SERVICES Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. 602 DRILLING SERVICES 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at 602 DRILLING SERVICES Inc.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from 602 DRILLING SERVICES Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of 602 DRILLING SERVICES Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 602 DRILLING SERVICES Inc

1. How much does a 602 DRILLING SERVICES Inc employee make?

602 DRILLING SERVICES Inc pays its employees an average of $49 per hour. The average salary at 602 DRILLING SERVICES Inc range from $44 to $56 per hour. 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 602 DRILLING SERVICES Inc?

The salary at 602 DRILLING SERVICES Inc is higher than the similar company. The average annual salary at 602 DRILLING SERVICES Inc is $102,864, or an hourly wage of $49, in comparison to Fred Anderson & Sons Exploration Drilling Inc which pays $93,582 per year or $45 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at 602 DRILLING SERVICES Inc?

In many roles at 602 DRILLING SERVICES 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 Los Angeles affect the perceived value of a 602 DRILLING SERVICES Inc salary?

Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). This significantly impacts the purchasing power of a salary from 602 DRILLING SERVICES Inc based there. Our "Cost of Living Insights for Los Angeles" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does 602 DRILLING SERVICES Inc typically offer employees?

602 DRILLING SERVICES 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 602 DRILLING SERVICES Inc" section on this page.