Riker Optical Co Salary

Riker Optical Co Salary

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As of August 2026, the average hourly salary for employees at Riker Optical Co in the United States is $42. This translates to an approximate annual wage of $87,791. Salaries at Riker Optical Co typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Riker Optical Co

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Is Riker Optical Co’s Pay Competitive? Salary Benchmarking Analysis

How does Riker Optical Co'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
Poco Optical Ltd $46
+9.4%
Influenced by prevailing union wage agreements specific to Poco Optical Ltd's sector.
Centron Optical Inc $43
+2.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Aim Optical Inc $46
+8.7%
Reflects structural premiums typical of Aim Optical Inc's large-cap national operations.
A & l Optical Corp $55
+30.5%
Supported by A & l Optical Corp's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $60
+40.5%
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 Riker Optical Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Riker Optical Co

Considering a career at Riker Optical Co? 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.
The team is professional, and communication flows smoothly. While there aren’t many flashy perks, the job security and steady hours make it a dependable choice. Work environment is okay. I’ve grown a lot since joining this company. The team is professional, and management is responsive.
Commented in February 07, 2025
22
2
Compensation is competitive, and there are frequent incentives for high performers. I appreciate the company’s focus on employee well-being. Pay is average for the industry. The office environment is modern, and remote work options are available when needed. Flexible hours and good work-life balance. The workload is steady, and colleagues are easy to work with. The benefits package is solid, inclu...
Commented in June 27, 2024
34
2
Not much to complain about, but nothing extraordinary either. The leadership is forward-thinking, and employees are empowered to take initiative. Benefits like health coverage, retirement plans, and employee discounts are solid perks.
Commented in January 01, 2024
29
0

Riker Optical Co Overview

Website
Data pending, update soon.
Founded In
1963
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
601 N 2nd Ave Alpena Michigan MI 49707
Revenue
<$5 Million
Phone Number
-
Social Media
About Riker Optical Co
Riker Optical Co is a company that operates in the Medical Devices industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Alpena, Michigan.

What Benefits Does Riker Optical Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Riker Optical Co 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Riker Optical Co.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Riker Optical Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Riker Optical Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Riker Optical Co

1. How much does a Riker Optical Co employee make?

Riker Optical Co pays its employees an average of $42 per hour. The average salary at Riker Optical Co range from $37 to $48 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 Riker Optical Co?

The salary at Riker Optical Co is lesser than the similar company. The average annual salary at Riker Optical Co is $87,791, or an hourly wage of $42, in comparison to Poco Optical Ltd which pays $96,061 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Riker Optical Co?

In many roles at Riker Optical Co, 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.

4. How does the cost of living near Detroit affect the perceived value of a Riker Optical Co salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Riker Optical Co based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Riker Optical Co typically offer employees?

Riker Optical Co 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 Riker Optical Co" section on this page.

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