$621,689 / year
Salary Range: $476,327 - $782,725
Executive
$236,564 / year
Salary Range: $196,041 - $283,564
Operations
$140,920 / year
Salary Range: $135,058 - $145,817
Operations
$97,412 / year
Salary Range: $88,373 - $107,997
Finance
$94,610 / year
Salary Range: $86,022 - $100,748
Engineering
$93,635 / year
Salary Range: $84,644 - $103,257
Procurement/Purchasing
$87,897 / year
Salary Range: $78,943 - $96,689
Human Resources
$85,190 / year
Salary Range: $75,126 - $95,609
Safety and Security
$85,148 / year
Salary Range: $76,817 - $93,056
Project Management
$75,184 / year
Salary Range: $66,152 - $84,827
-
$54,607 / year
Salary Range: $47,464 - $65,710
Derrick Operations Department
$54,607 / year
Salary Range: $47,464 - $65,710
Derrick Operations Department
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Sutton Industrial Services Inc | $88,508 |
+10.2%
|
Reflects structural premiums typical of Sutton Industrial Services Inc's large-cap national operations. |
| Hale Contracting Inc | $89,616 |
+11.6%
|
Influenced by prevailing union wage agreements specific to Hale Contracting Inc's sector. |
| The Fred Williams Inc | $102,031 |
+27.0%
|
Data suggests The Fred Williams Inc's workforce skews heavily towards veteran, high-tenure roles. |
| Glenn Hunter and Associates | $89,342 |
+11.2%
|
Supported by Glenn Hunter and Associates's high-margin contracts allowing higher overhead. |
| Construction Industry | $119,814 |
+49.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$88,508 / year
Salary Range: $77,954 - $99,941
Cartersville, GA
$89,616 / year
Salary Range: $78,907 - $101,222
Horseheads, NY
$102,031 / year
Salary Range: $89,839 - $115,245
Weymouth, MA
$89,342 / year
Salary Range: $78,660 - $100,917
Delta, OH
$116,207 / year
Salary Range: $102,320 - $131,267
Milpitas, CA
$90,122 / year
Salary Range: $79,356 - $101,795
Louisville, OH
$111,703 / year
Salary Range: $98,352 - $126,170
New York City, NY
$90,597 / year
Salary Range: $79,769 - $102,331
Fort Collins, CO
$98,339 / year
Salary Range: $86,586 - $111,074
Palatine, IL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,300 - $1,900+ | A significant portion of Idea Drilling salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $65 (RTC monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $420 - $610 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,725 - $4,215+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Idea Drilling pays its employees an average of $80,312 per year. The average salary at Idea Drilling range from $70,724 to $90,723 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 Idea Drilling is lesser than the similar company. The average annual salary at Idea Drilling is $80,312, or an hourly wage of $39, in comparison to Sutton Industrial Services Inc which pays $88,508 per year or $43 per hour.
A President at Idea Drilling typically earns an average annual base salary of around $621,689, with a general range of $476,327 to $782,725.
In many roles at Idea Drilling, 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.
Reno's Cost of Living Index is approximately 105.8 (5.8% more expensive than US average; 3.6% more than NV average). This significantly impacts the purchasing power of a salary from Idea Drilling based there. Our "Cost of Living Insights for Reno" module details this impact, helping you assess the 'real feel' value of your compensation.
Idea Drilling 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 Idea Drilling" section on this page.
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