Raco Industrial Corp Salary
How Much Does Raco Industrial Corp Pay for Different Roles?
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Current Job Openings at Raco Industrial Corp
Is Raco Industrial Corp’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Enterplast Inc | $92,253 |
+1.5%
|
Suggests Enterplast Inc utilizes a highly similar base-plus-benefits compensation model. |
| Luneau Technology USA | $97,970 |
+7.8%
|
Supported by Luneau Technology USA's high-margin contracts allowing higher overhead. |
| Shrimp and Grits Kids LLC | $84,352 |
-7.2%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Motor Mouth Multimedia | $88,445 |
-2.7%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Retail & Wholesale Industry | $123,318 |
+35.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Raco Industrial Corp's Salaries Compare to Similar Companies?
Enterplast Inc
$92,253 / year
Salary Range: $81,134 - $104,319
Kingwood, TX
Luneau Technology USA
$97,970 / year
Salary Range: $86,137 - $110,830
Bensenville, IL
Shrimp and Grits Kids LLC
$84,352 / year
Salary Range: $74,179 - $95,381
Mount Pleasant, SC
Motor Mouth Multimedia
$88,445 / year
Salary Range: $77,789 - $100,014
Pittsburgh, PA
MyBambino LLC
$97,115 / year
Salary Range: $85,413 - $109,818
Milford, DE
Merlin Auto Group
$89,806 / year
Salary Range: $78,980 - $101,551
Atlanta, GA
Allied Scientific Corp
$98,001 / year
Salary Range: $86,192 - $110,818
, NY
General Oriental Investments Ltd
$109,942 / year
Salary Range: $96,694 - $124,317
New York City, NY
G & F Roof Supply Inc
$100,522 / year
Salary Range: $88,410 - $113,672
Anaheim, CA
Employee Reviews: Working at Raco Industrial Corp
Raco Industrial Corp Overview
What Benefits Does Raco Industrial Corp Offer Beyond Salary?
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What Is the Cost of Living Near Chicago?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Raco Industrial Corp 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 Raco Industrial Corp
1. How much does a Raco Industrial Corp employee make?
Raco Industrial Corp pays its employees an average of $90,892 per year. The average salary at Raco Industrial Corp range from $79,933 to $102,770 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 Raco Industrial Corp?
The salary at Raco Industrial Corp is lesser than the similar company. The average annual salary at Raco Industrial Corp is $90,892, or an hourly wage of $44, in comparison to Enterplast Inc which pays $92,253 per year or $44 per hour.
3. How much does a President typically earn at Raco Industrial Corp?
A President at Raco Industrial Corp typically earns an average annual base salary of around $703,585, with a general range of $538,352 to $886,668.
4. Do employees with advanced degrees (Master's, PhD) earn more at Raco Industrial Corp?
In many roles at Raco Industrial Corp, 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 Raco Industrial Corp 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 Raco Industrial Corp 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 Raco Industrial Corp typically offer employees?
Raco Industrial Corp 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 Raco Industrial Corp" section on this page.
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