James River Petroleum, Inc. Salary

James River Petroleum, Inc. pays its employees an average of $67,055 per year. The average salary at James River Petroleum, Inc. range from $58,921 to $76,290 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 James River Petroleum, Inc. is higher than the similar company. The average annual salary at James River Petroleum, Inc. is $67,055, or an hourly wage of $32, in comparison to JIM HINTON OIL CO., INC. which pays $61,651 per year or $30 per hour.

In many roles at James River Petroleum, Inc., 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.

Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from James River Petroleum, Inc. based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.

James River Petroleum, Inc. 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 James River Petroleum, Inc." section on this page.