Versa-Drill Salary

Versa-Drill Salary

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As of August 2026, the average hourly salary for employees at Versa-Drill in the United States is $44. This translates to an approximate annual wage of $91,451. Salaries at Versa-Drill typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Versa-Drill Pay for Different Roles?

Explore detailed salary information for specific jobs at Versa-Drill. Based on our data, the highest paying job is the Chief Financial Officer, with an hourly wage of $177. 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 Versa-Drill

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

Is Versa-Drill’s Pay Competitive? Salary Benchmarking Analysis

How does Versa-Drill'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
Mixtec Ltd $42
-4.3%
Mixtec Ltd focuses strategically on recruiting and training entry-level apprentices.
Dantal Hydraulics Pvt Ltd $43
-2.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Screen USA Inc $43
-1.2%
Confirms Screen USA Inc is a direct competitor vying for the exact same talent pool.
Greylock Mountain Power Company Inc $39
-12.1%
Greylock Mountain Power Company Inc likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $59
+33.1%
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 Versa-Drill and Their Hourly Pay Rates

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

Employee Reviews: Working at Versa-Drill

Considering a career at Versa-Drill? 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.
Clean facility, modern equipment, and safe practices. Competitive pay and benefits motivate employees, and there are clear pathways for career advancement. There’s a lot of pride in keeping the workspace organized. They genuinely value employee feedback.
Commented in May 25, 2025
42
3
I feel respected and valued. It’s a solid option for those seeking stability without too much pressure or involvement. Leadership communicates company goals clearly and celebrates team achievements. There’s minimal innovation, but the company functions reliably. Benefits are comprehensive, covering health, retirement, and wellness initiatives. Environmentally friendly practices reduce waste effect...
Commented in March 12, 2025
39
3
A strong sense of teamwork and accountability keeps this place moving efficiently. Pride in building quality products. Tasks are repeated often and executed with efficiency. The availability of flexible work schedules, adaptable project-based approaches, and supportive remote work options is a significant and highly valued benefit, particularly for creative professionals seeking inspiration and fo...
Commented in March 25, 2024
37
2

Versa-Drill Overview

Website
www.versa-drill.com
Founded In
1962
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1414 Bates St Indianapolis Indiana IN 46201
Revenue
$10 Million - $50 Million
Phone Number
+1 3172312250
Social Media
About Versa-Drill
Laibe Corporation, doing business as Versa-Drill manufactures water well, oil, gas, and geothermal drilling rigs. The company was founded in 1962 and is based in Indianapolis, Indiana.

What Benefits Does Versa-Drill Offer Beyond Salary?

A competitive compensation package is more than just a salary. Versa-Drill 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Versa-Drill.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Versa-Drill, 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 Versa-Drill salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) 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) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Versa-Drill

1. How much does Versa-Drill in the United States pay?

Versa-Drill pays its employees an average of $44 per hour. The average salary at Versa-Drill range from $39 to $50 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. Do Versa-Drill employees get a higher salary than its peer company?

The salary at Versa-Drill is higher than its peer company. The average annual salary at Versa-Drill is $91,451, or an hourly wage of $44, in comparison to Mixtec Ltd which pays $87,506 per year or $42 per hour.

3. What are the highest paying jobs at Versa-Drill?

The higher-paying job at Versa-Drill, according to our data, include Chief Financial Officer (avg. $177 per hour), Controller (avg. $102 per hour), and Service Assistant & Manager (avg. $39 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Versa-Drill?

Salary progression with years of experience at Versa-Drill is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Versa-Drill vary by office location?

Yes, it's very likely that salaries at Versa-Drill vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Indianapolis section provides more context.

6. Does Versa-Drill offer good benefits?

Versa-Drill typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Versa-Drill" section on this page.

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