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Colonna's Shipyard Inc Salary

Colonna's Shipyard Inc Salary

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As of October 2026, the average hourly salary for employees at Colonna's Shipyard Inc in the United States is $49. This translates to an approximate annual wage of $102,189. Salaries at Colonna's Shipyard Inc typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Is Colonna's Shipyard Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Colonna's Shipyard 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
Lund Boat Co $48
-1.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
UniCarriers $48
-2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
w manufacturers Inc $49
-0.7%
Suggests w manufacturers Inc utilizes a highly similar base-plus-benefits compensation model.
MHI Ship Repair & Services $48
-3.2%
Typical compensation structure for smaller regional agencies like MHI Ship Repair & Services.
MFG Durable Industry $59
+19.1%
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.

Companies Similar to Colonna's Shipyard Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Colonna's Shipyard Inc

Considering a career at Colonna's Shipyard 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 culture promotes accountability and efficiency, and it's great knowing your contributions matter. Career advancement opportunities are encouraged and supported. Pay is fair, and it is somehow outstanding. I enjoy the camaraderie on the production line. Leadership cares about employees and works to create a safe and inclusive environment.
Commented in February 16, 2025
11
1
We often exceed expectations thanks to strong leadership and coordinated efforts across shifts. There's a good work-life balance, which is often hard to find in manufacturing. The facilities are modern, clean, and well-maintained. More importantly, the culture is incredibly positive; people are friendly, and management is approachable and fair. Equipment and technology are regularly updated to ens...
Commented in January 22, 2025
33
0
The competitive wages and comprehensive benefits package show how much the company values its workforce. It’s a dynamic and engaging workplace where your contributions are recognized and appreciated by a supportive team. There's little emphasis on creativity, and change is implemented unless pushed from the top down. This synergy not only enhances efficiency but also fosters a supportive and engag...
Commented in March 01, 2024
33
2

Colonna's Shipyard Inc Overview

Website
www.colonnaship.com
Founded In
1875
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
400 E Indian River Rd Norfolk Virginia VA 23523
Revenue
$200 Million - $500 Million
Phone Number
+1 7575452414
Social Media
About Colonna's Shipyard Inc
Colonna's Shipyard established in 1875 as a fully serviced private shipyard headquartered in Virginia. They specialize in ship building, ship repair and ship fitting.

What Benefits Does Colonna's Shipyard Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Colonna's Shipyard 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 Norfolk?

Understanding the cost of living near Norfolk is key to truly evaluating a salary offer or your current compensation at Colonna's Shipyard Inc.
Norfolk's Cost of Living Index is approximately 95.3 (4.7% less expensive than US average; 8.5% less than VA average). Hampton Roads city, major naval base, historic, affordable housing. HRT bus/light rail/ferry. When planning your budget based on a salary from Colonna's Shipyard Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Colonna's Shipyard Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Colonna's Shipyard Inc

1. What is the estimated average total compensation at Colonna's Shipyard Inc?

Salary.com estimates that the average total compensation package at Colonna's Shipyard Inc, which can include base salary, potential bonuses, and benefits, is around $49 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Colonna's Shipyard Inc pay compared to Lund Boat Co?

The average annual salary at Colonna's Shipyard Inc is $102,189, or an hourly wage of $49, in comparison to Lund Boat Co which pays $100,776 per year or $48 per hour.

3. Do salaries differ significantly between departments at Colonna's Shipyard Inc?

Yes, salaries often differ between departments at Colonna's Shipyard 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 Colonna's Shipyard Inc?

Salary progression from an entry-level to a senior role at Colonna's Shipyard 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 Colonna's Shipyard Inc in Norfolk is fair given the local cost of living?

To determine if a salary offer from Colonna's Shipyard Inc in Norfolk is fair, first compare the gross salary to our data for similar roles at Colonna's Shipyard Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Norfolk" to understand its purchasing power.

6. Are promotions at Colonna's Shipyard Inc usually accompanied by a significant salary increase?

Yes, promotions at Colonna's Shipyard 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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