Richco Salary

Richco Salary

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As of August 2026, the average hourly salary for employees at Richco in the United States is $48. This translates to an approximate annual wage of $99,879. Salaries at Richco typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Richco Pay for Different Roles?

Explore detailed salary information for specific jobs at Richco. Based on our data, the highest paying job is the President, with an hourly wage of $372. The table below outlines the hourly wage ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Richco

Ready for your next career move? Explore current job openings at Richco. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Richco’s Pay Competitive? Salary Benchmarking Analysis

How does Richco'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
Cvt International Corp $46
-4.6%
Reflects market rates for standard general contracting, differing from specialized roles.
K C S Products Service Inc $43
-10.3%
K C S Products Service Inc operates with a leaner overhead structure, impacting base wage offers.
Daimer Industries Inc $49
+2.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Mercedes-Benz of Boston $52
+7.5%
Supported by Mercedes-Benz of Boston's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $60
+23.5%
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.

Companies Similar to Richco and Their Hourly Pay Rates

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

Employee Reviews: Working at Richco

Considering a career at Richco? 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.
Overall, it’s a great place to grow your career while being part of a dynamic team. The company provides clear career paths, which is motivating. Coworkers are professional and easy to work with. Everyone helps each other succeed. Enjoy working here.
Commented in May 02, 2025
20
2
The company follows standard industry practices, so if you’re familiar with the field, it’s a straightforward place to work. Overall, it’s a supportive and rewarding workplace. The benefits package is one of the best in the industry. Leadership is approachable and transparent. I love the dynamic culture at this company.
Commented in March 06, 2025
9
3
I appreciate the flexible scheduling options here. The company also values diversity and inclusion, making it a welcoming workplace. The pay is fair, and the company often recognizes hard work. The company fosters a collaborative environment where teamwork is encouraged. The company culture is inclusive, and teamwork is a priority. The career growth opportunities make it a great long-term workplac...
Commented in February 09, 2025
40
3
Feels like a second home. There’s a strong sense of community, with volunteer opportunities and social events. It’s a typical retail job with steady hours. Not much to complain about, but nothing extraordinary either. Felt welcomed immediately.
Commented in January 30, 2024
34
1

Richco Overview

Website
www.richcoproducts.com
Founded In
1945
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
237 Memorial Dr Springfield Massachusetts MA 01104
Revenue
$10 Million - $50 Million
Phone Number
+1 4137348241
Social Media
About Richco
Richco only carries items that meet its strict review process to ensure that its customers get the finest products. Richco 's product lines are from the leading manufacturers in our industry in addition to producing our own premier cleaning chemicals. To ensure that our customers are confident in their purchases, Richco offers an unconditional guarantee on ALL products purchased. Richco 's #1 goal

What Benefits Does Richco Offer Beyond Salary?

A competitive compensation package is more than just a salary. Richco 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 Springfield?

Understanding the cost of living near Springfield is key to truly evaluating a salary offer or your current compensation at Richco.
Springfield's Cost of Living Index is approximately 97.5 (2.5% less expensive than US average; 26.5% less than MA average). Western MA city, more affordable housing. PVTA bus, Hartford Line rail. When planning your budget based on a salary from Richco, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Richco salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $58 (PVTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 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) $2,488 - $3,868+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Richco

1. What is the estimated average total compensation at Richco?

Salary.com estimates that the average total compensation package at Richco, which can include base salary, potential bonuses, and benefits, is around $48 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Richco pay compared to Cvt International Corp?

The average annual salary at Richco is $99,879, or an hourly wage of $48, in comparison to Cvt International Corp which pays $95,333 per year or $46 per hour.

3. Do salaries differ significantly between departments at Richco?

Yes, salaries often differ between departments at Richco 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Richco?

Salary progression from an entry-level to a senior role at Richco can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Richco in Springfield is fair given the local cost of living?

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

6. Are promotions at Richco usually accompanied by a significant salary increase?

Yes, promotions at Richco are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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