Red Drum Trading Inc Salary

Red Drum Trading Inc Salary

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As of August 2026, the average hourly salary for employees at Red Drum Trading Inc in the United States is $52. This translates to an approximate annual wage of $108,845. Salaries at Red Drum Trading Inc typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Red Drum Trading Inc

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Is Red Drum Trading Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Red Drum Trading 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
One Big Switch LLC $57
+9.0%
Influenced by prevailing union wage agreements specific to One Big Switch LLC's sector.
The B'laster Corp $46
-12.0%
Normalized for lower cost-of-living zones where The B'laster Corp primarily operates.
Olympic Petroleum Corp $50
-4.6%
Olympic Petroleum Corp focuses strategically on recruiting and training entry-level apprentices.
Blackbuck Resources LLC $46
-11.3%
Blackbuck Resources LLC may offer non-monetary perks in lieu of competitive base salaries.
Energy & Utilities Industry $63
+19.6%
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 Red Drum Trading Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Red Drum Trading Inc

Considering a career at Red Drum Trading 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.
Training is thorough, and the atmosphere promotes growth. Pay is competitive and consistent. Great leadership vision and execution. It's rare to find an energy employer that balances operational excellence with such strong employee focus.
Commented in March 31, 2025
49
2
The focus is more on keeping operations steady than trying new approaches. The teamwork at this energy company is exceptional. The organizational structure supports collaboration and innovation, and I regularly feel heard in team meetings. Clear mission and commitment to energy efficiency. It’s a quiet place to work with limited distractions. There’s a genuine team spirit that motivates everyone t...
Commented in July 20, 2024
36
1
Working here gives me a real sense of purpose. It's gratifying to work for an organization that truly values both its mission and its people. Schedules rarely change. Leaders communicate expectations, and the entire team pulls together with purpose and motivation.
Commented in January 05, 2024
29
1

Red Drum Trading Inc Overview

Website
www.reddrums.com
Founded In
2015
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
1 S Main St Toms River New Jersey NJ 08757
Revenue
$5 Million - $10 Million
Phone Number
+1 8447304040
Social Media
About Red Drum Trading Inc
Red Drum Trading Inc. is the authorized distributor of the industry-leading full line of Sinopec petroleum and chemical products for the United States marketplace. Sinopec has one of the worlds most advanced chemical manufacturing facilities and the largest oil refineries. Red Drums distribution network was built for speed and efficiency. Selecting and analyzing locations that work for our partner

What Benefits Does Red Drum Trading Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Red Drum Trading 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 Toms River?

Understanding the cost of living near Toms River is key to truly evaluating a salary offer or your current compensation at Red Drum Trading Inc.
Toms River's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 3.8% less than NJ average). Ocean County, Jersey Shore, housing costs above US avg. NJ Transit, Ocean Ride. When planning your budget based on a salary from Red Drum Trading Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Red Drum Trading Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus, Ocean Ride Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,940 - $4,590+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Red Drum Trading Inc

1. How much does a Red Drum Trading Inc employee make?

Red Drum Trading Inc pays its employees an average of $52 per hour. The average salary at Red Drum Trading Inc range from $46 to $59 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 Red Drum Trading Inc?

The salary at Red Drum Trading Inc is lesser than the similar company. The average annual salary at Red Drum Trading Inc is $108,845, or an hourly wage of $52, in comparison to One Big Switch LLC which pays $118,633 per year or $57 per hour.

3. How much does a Manager, Logistics Supply Chain typically earn at Red Drum Trading Inc?

A Manager, Logistics Supply Chain at Red Drum Trading Inc typically earns an average hourly base salary of around $60, with a general range of $54 to $66.

4. Do employees with advanced degrees (Master's, PhD) earn more at Red Drum Trading Inc?

In many roles at Red Drum Trading 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 Toms River affect the perceived value of a Red Drum Trading Inc salary?

Toms River's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 3.8% less than NJ average). This significantly impacts the purchasing power of a salary from Red Drum Trading Inc based there. Our "Cost of Living Insights for Toms River" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Red Drum Trading Inc typically offer employees?

Red Drum Trading 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 Red Drum Trading Inc" section on this page.

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