Innovex Salary

Innovex Salary

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As of August 2026, the average hourly salary for employees at Innovex in the United States is $57. This translates to an approximate annual wage of $118,306. Salaries at Innovex typically range from $50 to $64 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Innovex

Ready for your next career move? Explore current job openings at Innovex. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Innovex’s Pay Competitive? Salary Benchmarking Analysis

How does Innovex'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
Louisville Water Co $51
-9.5%
Normalized for lower cost-of-living zones where Louisville Water Co primarily operates.
Lee County Electric Cooperative Inc $50
-11.3%
Lee County Electric Cooperative Inc likely leverages performance bonuses over the high base salary shown here.
Minnkota Power Cooperative Inc $49
-14.7%
Typical compensation structure for smaller regional agencies like Minnkota Power Cooperative Inc.
Sekisui Specialty Chemicals $52
-8.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Energy & Utilities Industry $63
+10.0%
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 Innovex and Their Hourly Pay Rates

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

Employee Reviews: Working at Innovex

Considering a career at Innovex? 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.
A solid place to grow and feel valued. The company excels at maintaining a safe, environmentally conscious workplace where employees thrive. Leadership is approachable but often to implement change. The workplace feels inclusive, and the leadership truly cares. Hard work really pays off.
Commented in May 15, 2025
38
3
Remote and hybrid flexibility for some roles is appreciated. It’s a stable, mission-driven environment with room to grow and the satisfaction of working on essential services. A respectful environment with high safety standards. The work is repetitive, but that’s to be expected in utilities.
Commented in January 12, 2025
39
1
I feel motivated knowing that my work supports a critical industry. Safety and performance are average. Workload is steady, but scheduling is rigid. The leadership at this company consistently demonstrates a genuine commitment to employee success and safety. Outreach programs, disaster response efforts, and educational initiatives make a real difference. Managers are responsive, and peer collabora...
Commented in November 05, 2024
8
1
The company actively encourages internal mobility and provides excellent training programs, supporting continuous learning in critical areas like renewable energy technologies. The training program is comprehensive and hands-on. It’s exciting to be part of infrastructure that really makes a difference in people’s lives.
Commented in October 01, 2024
50
1
The people are kind, and training is thorough. Safety enforcement is inconsistent, and training quality varies. Supportive management and modern technology make every workday smooth. Employee voices are respected and valued, and there's strong attention to operational efficiency. Management is clear about goals and expectations, and they provide the resources needed to succeed.
Commented in February 24, 2024
45
1

Innovex Overview

Website
www.innovex-inc.com
Founded In
1961
Employees
200 - 500 employees
Industry
Energy & Utilities
Headquarter Address
4310 N Sam Houston Pkwy E Houston Texas TX 77032
Revenue
$200 Million - $500 Million
Phone Number
+1 3463980000
Social Media
About Innovex
Founded in 2016 and headquartered in Houston, Texas, Innovex Downhole Solutions design, manufacture, and install well construction, completion, and artificial lift products for onshore and offshore operators worldwide.

What Benefits Does Innovex Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovex 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Innovex.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Innovex, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Innovex salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovex

1. How much does an Innovex employee make?

Innovex pays its employees an average of $57 per hour. The average salary at Innovex range from $50 to $64 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 Innovex?

The salary at Innovex is higher than the similar company. The average annual salary at Innovex is $118,306, or an hourly wage of $57, in comparison to Louisville Water Co which pays $107,062 per year or $51 per hour.

3. How much does a Managing Director typically earn at Innovex?

A Managing Director at Innovex typically earns an average hourly base salary of around $440, with a general range of $337 to $555.

4. Do employees with advanced degrees (Master's, PhD) earn more at Innovex?

In many roles at Innovex, 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.

5. How does the cost of living near Houston affect the perceived value of a Innovex salary?

Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Innovex based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Innovex typically offer employees?

Innovex 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 Innovex" section on this page.

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