Raym-Co Inc Salary

As of August 2026, the average hourly salary for employees at Raym-Co Inc in the United States is $49. This translates to an approximate annual wage of $102,294. Salaries at Raym-Co Inc typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Raym-Co Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Raym-Co Inc. Based on our data, the highest paying job is the President, with an hourly wage of $381. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Raym-Co Inc

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Is Raym-Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Raym-Co 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
Meriden Manufacturing Inc $50
+0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Nieco Corp $50
+2.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Schmidt Machine Co $42
-14.2%
Typical compensation structure for smaller regional agencies like Schmidt Machine Co.
Horizontal Machining and Manufacturing Inc $38
-22.4%
Horizontal Machining and Manufacturing Inc may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $59
+19.0%
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.

Employee Reviews: Working at Raym-Co Inc

Considering a career at Raym-Co 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.
There are real opportunities for growth here. Strong leadership drives our team’s success daily. Employees receive regular training to enhance their skills and stay current with industry advancements. The work gets done efficiently, but there’s little emotional investment from the team.
Daily goals are realistic, and workloads are evenly distributed. Management truly values every team member’s input and ensures open communication. Feedback is occasional, and employee input is always acted on quickly. Equipment is mostly reliable, but support during breakdowns can lag. They also genuinely care about employee input, often implementing suggestions from the shop floor.
Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency. Despite having employees across multiple shifts, there's a strong sense of teamwork and mutual respect. A very supportive place to work, with clear career paths and goals for every employee. Safety practices exist but are sometimes unevenly applied. The work her...
Safety procedures are in place but enforcement is uneven. This organization offers employees a stable and well-structured manufacturing environment focused on safety and quality. Recognition initiatives regularly highlight employee contributions, creating a positive and motivating work environment. Communication is average; could be more transparent.
The organization values innovation and continuous process improvement, encouraging employees to contribute ideas. They invest in their employees through skills development and promoting from within. The safety programs are world-class, with regular training and cutting-edge protective equipment.

Raym-Co Inc Overview

Website
www.raymco.com
Founded In
1978
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
62 Spring Ln Farmington Connecticut CT 06032
Revenue
$10 Million - $50 Million
Phone Number
+1 8606788292
Social Media
About Raym-Co Inc
Founded in 1978 Raym-Co is an expert at fabricating both metals and plastics. Our 35,000 sq. ft. facility is home to the latest in machining and fabricating equipment.

What Benefits Does Raym-Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Raym-Co 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)
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What Is the Cost of Living Near Hartford?

Understanding the cost of living near Hartford is key to truly evaluating a salary offer or your current compensation at Raym-Co Inc.
Hartford's Cost of Living Index is approximately 99.2 (0.8% less expensive than US average; 7.9% less than CT average). State capital, 'Insurance Capital', housing is relatively affordable for a NE city. CTtransit, CTfastrak. When planning your budget based on a salary from Raym-Co Inc, 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 Raym-Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,573 - $4,033+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Raym-Co Inc

1. What is the typical salary range (low to high) for most roles at Raym-Co Inc?

The typical salary range for most roles at Raym-Co Inc is approximately from $43 to $56 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 Raym-Co Inc pay compared to Meriden Manufacturing Inc?

The average annual salary at Raym-Co Inc is $102,294, or an hourly wage of $49, in comparison to Meriden Manufacturing Inc which pays $103,202 per year or $50 per hour.

3. Do salaries differ significantly between departments at Raym-Co Inc?

Yes, salaries often differ between departments at Raym-Co Inc 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 Raym-Co Inc?

Experience level is a significant factor in determining salary at Raym-Co Inc, 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 Raym-Co Inc in Hartford is fair given the local cost of living?

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

6. Why might an individual's actual salary at Raym-Co Inc differ from the ranges shown here?

An individual's actual salary at Raym-Co Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.