Elco Solvents Salary

As of October 2026, the average hourly salary for employees at Elco Solvents in the United States is $53. This translates to an approximate annual wage of $110,712. Salaries at Elco Solvents typically range from $47 to $60 hourly, reflecting the diverse roles and experience levels within the company.
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Is Elco Solvents’s Pay Competitive? Salary Benchmarking Analysis

How does Elco Solvents'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
Michael M Inc $52
-2.9%
Suggests Michael M Inc utilizes a highly similar base-plus-benefits compensation model.
University City Apothecary Inc $52
-3.2%
Normalized for lower cost-of-living zones where University City Apothecary Inc primarily operates.
OCV Technical Fabrics $46
-14.4%
OCV Technical Fabrics likely leverages performance bonuses over the high base salary shown here.
Dothan Magazine LLC $41
-23.0%
Dothan Magazine LLC may offer non-monetary perks in lieu of competitive base salaries.
Retail & Wholesale Industry $60
+11.4%
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 Elco Solvents

Considering a career at Elco Solvents? 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.
I appreciate the company’s commitment to employee growth. I’ve gained valuable knowledge and feel appreciated in my position. The job is steady with reasonable expectations. It’s a decent option if you value stability over high-growth opportunities. The company offers great growth opportunities, and the team culture is very collaborative.
Overall, it’s a nice place to build a career in retail. The company offers a supportive environment with opportunities for growth. I’ve been with this company for over two years, and it’s been rewarding. Leadership is approachable and fair. Team collaboration is strong, and there are plenty of opportunities for career advancement. Training programs are effective, and career progression is possible...
The workplace is well-organized, and communication is effective. The retail staff is friendly, and management is responsive to concerns. The company values work-life balance and employee well-being.
The company also invests in technology to streamline operations, reducing unnecessary stress. Benefits like paid time off, health coverage, and tuition reimbursement add value. The company fosters a positive and inclusive culture.

Elco Solvents Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
30 Amor Ave Carlstadt New Jersey NJ 07072
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Elco Solvents
Elco Solvents is a company that operates in the Chemicals industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Carlstadt, New Jersey.

What Benefits Does Elco Solvents Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elco Solvents 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Elco Solvents.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Elco Solvents, 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 Elco Solvents salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elco Solvents

1. How much does Elco Solvents in the United States pay?

Elco Solvents pays its employees an average of $53 per hour. The average salary at Elco Solvents range from $47 to $60 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 Elco Solvents employees get a higher salary than its peer company?

The salary at Elco Solvents is higher than its peer company. The average annual salary at Elco Solvents is $110,712, or an hourly wage of $53, in comparison to Michael M Inc which pays $107,516 per year or $52 per hour.

3. How much does salary increase with years of experience at Elco Solvents?

Salary progression with years of experience at Elco Solvents 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.

4. Do salaries at Elco Solvents vary by office location?

Yes, it's very likely that salaries at Elco Solvents 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 Jersey City section provides more context.

5. Does Elco Solvents offer good benefits?

Elco Solvents 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 Elco Solvents" section on this page.