Hydraulic Parts Source Salary

Hydraulic Parts Source pays its employees an average of $71,323 per year. The average salary at Hydraulic Parts Source range from $62,662 to $81,150 per year. 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.

The salary at Hydraulic Parts Source is higher than the similar company. The average annual salary at Hydraulic Parts Source is $71,323, or an hourly wage of $34, in comparison to H & W MARINE which pays $64,592 per year or $31 per hour.

In many roles at Hydraulic Parts Source, 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.

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 Hydraulic Parts Source based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

Hydraulic Parts Source 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 Hydraulic Parts Source" section on this page.