Innovative Power Solutions, Llc. Salary

As of July 2026, the average annual salary for employees at Innovative Power Solutions, Llc. in the United States is $84,918. This translates to an approximate hourly wage of $41. Salaries at Innovative Power Solutions, Llc. typically range from $74,680 to $96,350 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Innovative Power Solutions, Llc. Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovative Power Solutions, Llc.. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

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About Innovative Power Solutions, Llc.: Company Profile

Website
www.ips-llc.com
Founded In
2013
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
EATONTOWN
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Innovative Power Solutions, Llc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company uses modern machinery and technology, improving productivity and job satisfaction. There’s a strong emphasis on cross-functional teamwork, problem-solving, and knowledge sharing to optimize processes and achieve production targets. The investment in automation complements rather than replaces human workers, creating more interesting technical roles. Our facility runs smoothly thanks to...
I’m proud to be part of this team. Training is available but somewhat limited. There’s a clear hierarchy and chain of command. There's a strong emphasis on professional development, with many resources available for learning new skills.
There’s a decent balance between routine and task variation. Communication is adequate but could improve for better efficiency. The leadership team is transparent and communicates effectively, making us feel like an integral part of the company's success. Communication between shifts could be better. Workers are trained, heard, and respected. Repetitive tasks, but manageable pace. However, the rol...
There's a good work-life balance, which is often hard to find in manufacturing. It’s a structured workplace with the flexibility to improve and grow. Excellent safety protocols and good training opportunities for new employees. There’s no major issue, but no clear standouts either in terms of innovation or engagement.

Is Innovative Power Solutions, Llc.’s Pay Competitive? Salary Benchmarking Analysis

How does Innovative Power Solutions, Llc.'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
HANCO $70,501
-17.0%
HANCO likely leverages performance bonuses over the high base salary shown here.
GLENTEK INC $84,106
-1.0%
Suggests GLENTEK INC utilizes a highly similar base-plus-benefits compensation model.
SPEAR POWER SYSTEMS, INC $73,464
-13.5%
Typical compensation structure for smaller regional agencies like SPEAR POWER SYSTEMS, INC.
CRIDER CARPET $73,373
-13.6%
CRIDER CARPET focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $121,746
+43.4%
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.

What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Innovative Power Solutions, Llc..
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Innovative Power Solutions, Llc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Innovative Power Solutions, Llc. salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Innovative Power Solutions, Llc.

FAQ 1: How much does an Innovative Power Solutions, Llc. employee make?
Innovative Power Solutions, Llc. pays its employees an average of $84,918 per year. The average salary at Innovative Power Solutions, Llc. range from $74,680 to $96,350 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.
FAQ 2: Which similar company tend to pay more or less than Innovative Power Solutions, Llc.?
The salary at Innovative Power Solutions, Llc. is higher than the similar company. The average annual salary at Innovative Power Solutions, Llc. is $84,918, or an hourly wage of $41, in comparison to HANCO which pays $70,500 per year or $34 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Innovative Power Solutions, Llc.?
In many roles at Innovative Power Solutions, Llc., 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.
FAQ 4: How does the cost of living near Jersey City affect the perceived value of a Innovative Power Solutions, Llc. salary?
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Innovative Power Solutions, Llc. based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Innovative Power Solutions, Llc. typically offer employees?
Innovative Power Solutions, Llc. 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 Innovative Power Solutions, Llc." section on this page.