Loyd's Electric Salary

Loyd's Electric Salary

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As of August 2026, the average hourly salary for employees at Loyd's Electric in the United States is $42. This translates to an approximate annual wage of $88,023. Salaries at Loyd's Electric typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Loyd's Electric

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Is Loyd's Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Loyd's Electric'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
Volt Delta Resources Inc $49
+16.0%
Reflects a supply-demand imbalance for the specific talent Volt Delta Resources Inc targets.
OK Generators $45
+6.9%
Influenced by prevailing union wage agreements specific to OK Generators's sector.
General Power Systems Corp $45
+5.5%
Data suggests General Power Systems Corp's workforce skews heavily towards veteran, high-tenure roles.
Atlas Power Systems LLC $47
+10.3%
Adjusted for higher cost-of-living indices in Atlas Power Systems LLC's primary metro hubs.
Retail & Wholesale Industry $60
+40.1%
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 Loyd's Electric and Their Hourly Pay Rates

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

Employee Reviews: Working at Loyd's Electric

Considering a career at Loyd's Electric? 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.
Leadership is supportive, and employees are encouraged to share ideas. Highly recommend for career-minded individuals. The office setup is functional, and remote work options are sometimes available. The workplace culture is positive, with team-building activities and recognition for hard work. Happy to be part of this team. While the pace can be demanding during peak seasons, it’s manageable. The...
Commented in April 23, 2025
43
3
The leadership team is visionary and communicates company goals clearly. A reliable employer with a fair approach to staffing. Management is accessible, and the work environment is collaborative. The company invests in technology to streamline operations, making daily tasks more efficient. There’s a strong sense of teamwork, and I’ve made lasting friendships here.
Commented in February 17, 2025
24
3
Professional growth is encouraged through mentorship programs and skill-building workshops. Training programs are beneficial. Managers acknowledge achievements, which boosts motivation. While the role doesn’t offer many surprises, it provides stability and a predictable workflow. My time here has been generally satisfactory.
Commented in December 30, 2024
18
2
I’ve had the chance to attend workshops and take on leadership roles, which have been valuable for my career. Overall, it’s a stable and rewarding place to build a career. The company offers great work-life balance and solid benefits.
Commented in February 12, 2024
27
2

Loyd's Electric Overview

Website
www.loydselectric.com
Founded In
1961
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
838 Stonetree Dr Branson Missouri MO 65616
Revenue
$10 Million - $50 Million
Phone Number
+1 4173342171
Social Media
About Loyd's Electric
Incorporated in 1961, Loyds Electric Supply has been a distributor of electrical supplies in the Midwest for over 50 years. The company offers wires, gears, circuit breakers, light bulbs, lighting, wiring devices, and conduit products. Loyd's Electric Supply serves customers in the United States.

What Benefits Does Loyd's Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loyd's Electric 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 Springfield?

Understanding the cost of living near Springfield is key to truly evaluating a salary offer or your current compensation at Loyd's Electric.
Springfield's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 10.7% less than MO average). SW MO city, 'Queen City of the Ozarks', very affordable housing. CU Transit. When planning your budget based on a salary from Loyd's Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Loyd's Electric salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (CU Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,860 - $3,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Loyd's Electric

1. What is the typical salary range (low to high) for most roles at Loyd's Electric?

The typical salary range for most roles at Loyd's Electric is approximately from $37 to $48 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. How much does Loyd's Electric pay compared to Volt Delta Resources Inc?

The average annual salary at Loyd's Electric is $88,023, or an hourly wage of $42, in comparison to Volt Delta Resources Inc which pays $102,136 per year or $49 per hour.

3. Do salaries differ significantly between departments at Loyd's Electric?

Yes, salaries often differ between departments at Loyd's Electric 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. How does experience level affect salary at Loyd's Electric?

Experience level is a significant factor in determining salary at Loyd's Electric, 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.

5. How can I determine if a salary offer from Loyd's Electric in Springfield is fair given the local cost of living?

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

6. What factors influence salary increases at Loyd's Electric?

Salary increases at Loyd's Electric are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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