Bead Electronics Salary

Bead Electronics Salary

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As of August 2026, the average hourly salary for employees at Bead Electronics in the United States is $51. This translates to an approximate annual wage of $105,280. Salaries at Bead Electronics typically range from $45 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Bead Electronics

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Is Bead Electronics’s Pay Competitive? Salary Benchmarking Analysis

How does Bead Electronics'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
Concord Electronics Inc $53
+4.1%
Driven by niche technical certifications required for Concord Electronics Inc's specialized projects.
Diversified Manufacturing and Services LLC $50
-1.5%
Suggests Diversified Manufacturing and Services LLC utilizes a highly similar base-plus-benefits compensation model.
Brodix Inc $37
-26.6%
Brodix Inc operates with a leaner overhead structure, impacting base wage offers.
Radian Thermal Products Inc $56
+10.0%
Reflects structural premiums typical of Radian Thermal Products Inc's large-cap national operations.
MFG Durable Industry $59
+15.6%
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.

Companies Similar to Bead Electronics and Their Hourly Pay Rates

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

Employee Reviews: Working at Bead Electronics

Considering a career at Bead Electronics? 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.
If you’re someone who prefers routine over challenge, it’s a reasonable place to work. The career advancement opportunities through apprenticeship programs are exceptional. Safety protocols are strictly enforced, ensuring a secure environment for all. Working at this manufacturing firm means being part of a well-organized and efficient team. Communication between shifts could be improved.
Commented in March 18, 2025
40
1
The company values craftsmanship and ensures products are made to the highest standard every time. Safe environment, realistic deadlines, and plenty of growth potential. There’s room to take initiative and suggest process improvements. The integration of advanced technologies with skilled human workers creates an engaging work environment. Management truly listens to employee concerns.
Commented in February 23, 2025
34
0
Some roles involve more sitting or standing than expected. It’s easy to raise concerns or ask questions without fear, which really builds trust and confidence. The facility is clean, well-organized, and up-to-date.
Commented in June 09, 2024
9
3
From day one, it's clear that employee well-being is the utmost priority, with thorough training and readily available resources. Management is approachable and genuinely listens to employee feedback, making improvements based on our input. You’ll know what’s expected, there is engagement or brainstorming unless you’re in a leadership role. This company has a fantastic culture that emphasizes resp...
Commented in May 10, 2024
45
3
A stable, rewarding job with growth options. There’s job security, but few chances to shape your role or workflow. Management supports continuous improvement and innovation.
Commented in March 19, 2024
23
1

Bead Electronics Overview

Website
www.beadelectronics.com
Founded In
1914
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
11 Cascade Blvd Milford Connecticut CT 06460
Revenue
$5 Million - $10 Million
Phone Number
+1 2033010270
Social Media
About Bead Electronics
Bead Electronics, a division of Bead Industries, Inc., manufactures precision end-to-end, solid wire and tubular contact pins for the automotive, telecom, connector, PCB and lighting industries. Their custom interconnect components deliver both performance and value and can be tooled quickly and economically.

What Benefits Does Bead Electronics Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bead Electronics 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 Milford?

Understanding the cost of living near Milford is key to truly evaluating a salary offer or your current compensation at Bead Electronics.
Milford's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 7.1% more than CT average). Coastal Fairfield/New Haven County line, desirable, higher housing costs. Milford Transit, Metro-North. When planning your budget based on a salary from Bead Electronics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Bead Electronics salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Milford Transit pass, Metro-North extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,060 - $4,820+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bead Electronics

1. How much does Bead Electronics in the United States pay?

Bead Electronics pays its employees an average of $51 per hour. The average salary at Bead Electronics range from $45 to $57 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. Do Bead Electronics employees get a higher salary than its peer company?

The salary at Bead Electronics is lesser than its peer company. The average annual salary at Bead Electronics is $105,280, or an hourly wage of $51, in comparison to Concord Electronics Inc which pays $109,594 per year or $53 per hour.

3. What are the highest paying jobs at Bead Electronics?

The higher-paying job at Bead Electronics, according to our data, include Chief Executive Officer (avg. $392 per hour), President (avg. $392 per hour), and Chief Financial Officer (avg. $204 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Bead Electronics?

Salary progression with years of experience at Bead Electronics is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Bead Electronics vary by office location?

Yes, it's very likely that salaries at Bead Electronics vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Milford section provides more context.

6. Does Bead Electronics offer good benefits?

Bead Electronics typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Bead Electronics" section on this page.

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