Salary AI Book a Demo
Ramco Innovations Inc Salary

Ramco Innovations Inc Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of October 2026, the average hourly salary for employees at Ramco Innovations Inc in the United States is $44. This translates to an approximate annual wage of $92,200. Salaries at Ramco Innovations Inc typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is Ramco Innovations Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Ramco Innovations 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
Adam & Eve $43
-2.5%
Indicates identical technical requirements and experience levels between the two firms.
King Tire Service Inc $43
-2.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MRO Electric & Supply Co $44
-1.6%
Confirms MRO Electric & Supply Co is a direct competitor vying for the exact same talent pool.
OSRAM Lighting Solutions , North America Sylvania Lighting Solutions $47
+5.1%
Supported by OSRAM Lighting Solutions , North America Sylvania Lighting Solutions's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $60
+33.7%
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 Ramco Innovations Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Ramco Innovations Inc

Considering a career at Ramco Innovations 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.
Benefits like health insurance and bonuses are a plus. The management team is transparent about company goals, which helps with alignment. Leadership is approachable and fair. The Retail & Wholesale industry is competitive, and this company operates efficiently. Good work-life balance for retail. Benefits and work flexibility are strong points. The Retail operations run smoothly, and the company m...
Commented in March 05, 2025
40
3
The company rewards effort, and there’s always something new to learn. I genuinely enjoy working here. Standard benefits and workload. The has a consistent routine. I’ve grown a lot since joining this company.
Commented in February 05, 2025
25
2
The company offers good pay, solid benefits, and opportunities for growth. The company provides excellent training and development programs. Managers are supportive, and the workload is fair. Team communication is clear. Managers listen to feedback and act on it.
Commented in January 14, 2024
40
1

Ramco Innovations Inc Overview

Website
www.ramcoi.com
Founded In
1962
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
1207 Maple St West Des Moines Iowa IA 50265
Revenue
$10 Million - $50 Million
Phone Number
+1 5152256933
Social Media
About Ramco Innovations Inc
Ramco Innovations is an automation distributor based in West Des Moines, IA with nearly 60 years of experience providing customers with world-class products and technical expertise from product lines including ABB, Banner, Omron, Optex, Panasonic, Turck and more.

What Benefits Does Ramco Innovations Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ramco Innovations 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 Ramco Innovations Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Ramco Innovations Inc.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Ramco Innovations Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Ramco Innovations Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ramco Innovations Inc

1. How much does a Ramco Innovations Inc employee make?

Ramco Innovations Inc pays its employees an average of $44 per hour. The average salary at Ramco Innovations Inc range from $39 to $50 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 Ramco Innovations Inc?

The salary at Ramco Innovations Inc is higher than the similar company. The average annual salary at Ramco Innovations Inc is $92,200, or an hourly wage of $44, in comparison to Adam & Eve which pays $89,869 per year or $43 per hour.

3. How much does a Chief Financial Officer typically earn at Ramco Innovations Inc?

A Chief Financial Officer at Ramco Innovations Inc typically earns an average hourly base salary of around $179, with a general range of $137 to $225.

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

In many roles at Ramco Innovations 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 Des Moines affect the perceived value of a Ramco Innovations Inc salary?

Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). This significantly impacts the purchasing power of a salary from Ramco Innovations Inc based there. Our "Cost of Living Insights for Des Moines" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Ramco Innovations Inc typically offer employees?

Ramco Innovations 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 Ramco Innovations Inc" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning