Richards Electric Supply Co Inc Salary

As of October 2026, the average hourly salary for employees at Richards Electric Supply Co Inc in the United States is $48. This translates to an approximate annual wage of $99,046. Salaries at Richards Electric Supply Co Inc typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Is Richards Electric Supply Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Richards Electric Supply 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
Kay Home Products Inc $47
-1.3%
Indicates identical technical requirements and experience levels between the two firms.
Travelpro $48
+1.0%
Confirms Travelpro is a direct competitor vying for the exact same talent pool.
MindsInSync Inc $59
+23.4%
Supported by MindsInSync Inc's high-margin contracts allowing higher overhead.
Stavis Seafoods LLC $55
+16.3%
Influenced by prevailing union wage agreements specific to Stavis Seafoods LLC's sector.
Retail & Wholesale Industry $60
+24.5%
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 Richards Electric Supply Co Inc

Considering a career at Richards Electric Supply 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.
I appreciate the regular training sessions and career development programs. There are occasional training sessions, which are useful. The company encourages professional growth and recognizes hard work. The leadership team is strong, and employees are given responsibility. I’ve had a very positive experience here. Working at this company has been a fantastic experience.
The retail side is fast-paced but rewarding. There are regular training sessions, and career growth is encouraged. Colleagues are helpful, and management is organized.
The people are friendly, and the management team is transparent about business goals. The company culture is welcoming, and there’s a strong emphasis on work-life balance. The compensation is fair, and there are frequent incentives for high performance. I joined this company a year ago, and it’s been a positive experience.
The company offers good bonuses and recognition programs. The job provides a consistent routine with clear expectations. The benefits here stand out—healthcare, PTO, and discounts are excellent.
I love the inclusive culture here—everyone’s contributions are valued. The team works well together, and the management is open and accessible. A great place to work if you enjoy a dynamic environment. While there aren’t many standout perks, the basics like health insurance and paid leave are covered adequately. Overall, it’s a supportive and rewarding workplace.

Richards Electric Supply Co Inc Overview

Website
www.richardselectric.com
Founded In
1926
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
4620 Reading Rd Cincinnati Ohio OH 45229
Revenue
$50 Million - $200 Million
Phone Number
+1 5132428800
Social Media
About Richards Electric Supply Co Inc
Richards Electric Supply Co., Inc. supplies electrical products, wires and cables, lighting products, tools, switchgear and components, industrial automation equipment and supplies, and voice/datacommunication products. It provides LED retrofit cans, stripper kits, LED worklights, pulling grips, GFCIs, metal-clad cables, electric vehicle chargers, CFL lamps, power distribution blocks, LED troffers

What Benefits Does Richards Electric Supply Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Richards Electric Supply 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 Cincinnati?

Understanding the cost of living near Cincinnati is key to truly evaluating a salary offer or your current compensation at Richards Electric Supply Co Inc.
Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). SW OH city, affordable housing. Metro bus, Connector streetcar (free). When planning your budget based on a salary from Richards Electric Supply Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Richards Electric Supply Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Metro monthly pass, Connector free) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,250 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Richards Electric Supply Co Inc

1. What is the average salary for employees at Richards Electric Supply Co Inc?

The average total compensation for employees at Richards Electric Supply Co Inc is approximately $48 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $54 per hour, depending on factors like job role, experience, and location.

2. How much does Richards Electric Supply Co Inc pay compared to Kay Home Products Inc?

The average annual salary at Richards Electric Supply Co Inc is $99,046, or an hourly wage of $48, in comparison to Kay Home Products Inc which pays $97,780 per year or $47 per hour.

3. What is the lowest salary at Richards Electric Supply Co Inc?

The lowest-paying job at Richards Electric Supply Co Inc is a Customer Service - Sales with a salary of $39 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Richards Electric Supply Co Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Richards Electric Supply Co Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Richards Electric Supply Co Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cincinnati?

While some companies offer formal COLA, many, including potentially Richards Electric Supply Co Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Richards Electric Supply Co Inc?

Most companies, likely including Richards Electric Supply Co Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.