Innovative Power Solutions, Llc. Salary

As of August 2026, the average hourly salary for employees at Innovative Power Solutions, Llc. in the United States is $41. This translates to an approximate annual wage of $84,918. Salaries at Innovative Power Solutions, Llc. typically range from $36 to $46 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Innovative Power Solutions, Llc. Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovative Power Solutions, Llc.. Based on our data, the highest paying job is the Director of Finance and Accounting, with an hourly wage of $92. The table below outlines the hourly wage ranges for most popular roles within the company.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Turn Insight into Opportunity: Current Job Openings

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About Innovative Power Solutions, Llc.: Company Profile

Website
www.ips-llc.com
Founded In
2013
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
EATONTOWN
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Innovative Power Solutions, Llc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company uses modern machinery and technology, improving productivity and job satisfaction. There’s a strong emphasis on cross-functional teamwork, problem-solving, and knowledge sharing to optimize processes and achieve production targets. The investment in automation complements rather than replaces human workers, creating more interesting technical roles. Our facility runs smoothly thanks to...
I’m proud to be part of this team. Training is available but somewhat limited. There’s a clear hierarchy and chain of command. There's a strong emphasis on professional development, with many resources available for learning new skills.
There’s a decent balance between routine and task variation. Communication is adequate but could improve for better efficiency. The leadership team is transparent and communicates effectively, making us feel like an integral part of the company's success. Communication between shifts could be better. Workers are trained, heard, and respected. Repetitive tasks, but manageable pace. However, the rol...
There's a good work-life balance, which is often hard to find in manufacturing. It’s a structured workplace with the flexibility to improve and grow. Excellent safety protocols and good training opportunities for new employees. There’s no major issue, but no clear standouts either in terms of innovation or engagement.

Is Innovative Power Solutions, Llc.’s Pay Competitive? Salary Benchmarking Analysis

How does Innovative Power Solutions, Llc.'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
HANCO $34
-17.0%
Typical compensation structure for smaller regional agencies like HANCO.
GLENTEK INC $40
-1.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
SPEAR POWER SYSTEMS, INC $35
-13.5%
Normalized for lower cost-of-living zones where SPEAR POWER SYSTEMS, INC primarily operates.
CRIDER CARPET $35
-13.6%
CRIDER CARPET likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $59
+43.4%
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.

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 Innovative Power Solutions, Llc..
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 Innovative Power Solutions, Llc., 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 Innovative Power Solutions, Llc. 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.

Most Common Questions About Innovative Power Solutions, Llc.

FAQ 1: What is the typical salary range (low to high) for most roles at Innovative Power Solutions, Llc.?
The typical salary range for most roles at Innovative Power Solutions, Llc. is approximately from $36 to $46 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.
FAQ 2: How much does Innovative Power Solutions, Llc. pay compared to HANCO?
The average annual salary at Innovative Power Solutions, Llc. is $84,918, or an hourly wage of $41, in comparison to HANCO which pays $70,500 per year or $34 per hour.
FAQ 3: How does experience level affect salary at Innovative Power Solutions, Llc.?
Experience level is a significant factor in determining salary at Innovative Power Solutions, Llc., as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Innovative Power Solutions, Llc. in Jersey City is fair given the local cost of living?
To determine if a salary offer from Innovative Power Solutions, Llc. in Jersey City is fair, first compare the gross salary to our data for similar roles at Innovative Power Solutions, Llc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Jersey City" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Innovative Power Solutions, Llc.?
Several key factors influence salary levels at Innovative Power Solutions, Llc.. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Innovative Power Solutions, Llc. likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.