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Krause Electrical Contractors Inc Salary

Krause Electrical Contractors Inc Salary

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As of August 2026, the average annual salary for employees at Krause Electrical Contractors Inc in the United States is $85,470. This translates to an approximate hourly wage of $41. Salaries at Krause Electrical Contractors Inc typically range from $75,297 to $96,454 annually, reflecting the diverse roles and experience levels within the company.
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Is Krause Electrical Contractors Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Krause Electrical Contractors 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
Saber Power Field Services LLC $90,797
+6.2%
Driven by niche technical certifications required for Saber Power Field Services LLC's specialized projects.
Hardin Plumbing Co Inc $83,888
-1.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Builder Services Co $88,086
+3.1%
Reflects structural premiums typical of Builder Services Co's large-cap national operations.
Alberts Air Conditioning Corp $88,477
+3.5%
Reflects a supply-demand imbalance for the specific talent Alberts Air Conditioning Corp targets.
Construction Industry $119,814
+40.2%
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.

How Krause Electrical Contractors Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Krause Electrical Contractors Inc

Considering a career at Krause Electrical Contractors 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.
Pay is competitive, and there are bonuses tied to project performance. Training is available and it is strongly promoted. Competitive benefits package and fair compensation. This optimistic environment significantly enhances our daily work experience and collective success.
Commented in May 09, 2025
22
2
Training is mostly hands-on, with few formal courses. Safety training is thorough and engaging. Competitive benefits package offered. The culture emphasizes respect, collaboration, and accountability, making it easy to build strong relationships across departments. Team collaboration here is outstanding. This ensures durability and client satisfaction for years to come. I appreciate how well the s...
Commented in July 16, 2024
23
2
The safety protocols are stringent, ensuring everyone returns home safely each day. Leadership supports safety and personal development equally. Some sites have great leadership, others less so. Flexible scheduling supports personal life. Job security is strong, and pay is fair.
Commented in January 01, 2024
10
0

Krause Electrical Contractors Inc Overview

Website
www.krauseelectric.com
Founded In
2002
Employees
<25 employees
Industry
Construction
Headquarter Address
13921 W Il Rte 173 Zion Illinois IL 60099
Revenue
$5 Million - $10 Million
Phone Number
+1 8473601351
Social Media
About Krause Electrical Contractors Inc
Hiring the right team for the wiring of your project can make or break your budget and timeline. The difference youll experience when you work with Krause Electrical Contractors is the personal touch and technical expertise we bring to every project. No matter how big or small a project is, we treat our customers like family. Our team is involved from start to finish ensuring your project is plann

What Benefits Does Krause Electrical Contractors Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Krause Electrical Contractors 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)
Work at Krause Electrical Contractors Inc?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Krause Electrical Contractors Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Krause Electrical Contractors Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Krause Electrical Contractors Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Krause Electrical Contractors Inc

1. How much does a Krause Electrical Contractors Inc employee make?

Krause Electrical Contractors Inc pays its employees an average of $85,470 per year. The average salary at Krause Electrical Contractors Inc range from $75,297 to $96,454 per year. 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 Krause Electrical Contractors Inc?

The salary at Krause Electrical Contractors Inc is lesser than the similar company. The average annual salary at Krause Electrical Contractors Inc is $85,470, or an hourly wage of $41, in comparison to Saber Power Field Services LLC which pays $90,797 per year or $44 per hour.

3. How much does a Secretary typically earn at Krause Electrical Contractors Inc?

A Secretary at Krause Electrical Contractors Inc typically earns an average annual base salary of around $184,540, with a general range of $150,693 to $225,347.

4. Do employees with advanced degrees (Master's, PhD) earn more at Krause Electrical Contractors Inc?

In many roles at Krause Electrical Contractors Inc, 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 Chicago affect the perceived value of a Krause Electrical Contractors Inc salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Krause Electrical Contractors Inc based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Krause Electrical Contractors Inc typically offer employees?

Krause Electrical Contractors Inc 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 Krause Electrical Contractors Inc" section on this page.

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