Lake Henry Implement Inc Salary

Lake Henry Implement Inc Salary

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As of August 2026, the average annual salary for employees at Lake Henry Implement Inc in the United States is $85,017. This translates to an approximate hourly wage of $41. Salaries at Lake Henry Implement Inc typically range from $74,765 to $96,137 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lake Henry Implement Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lake Henry Implement Inc. Based on our data, the highest paying job is the Sales, with an annual salary of $48,634. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Lake Henry Implement Inc

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

Is Lake Henry Implement Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lake Henry Implement Inc'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
Controls Group North America $102,178
+20.2%
Data suggests Controls Group North America's workforce skews heavily towards veteran, high-tenure roles.
G&E Industrial Supplies Inc $79,142
-6.9%
Normalized for lower cost-of-living zones where G&E Industrial Supplies Inc primarily operates.
MagTech $94,183
+10.8%
Supported by MagTech's high-margin contracts allowing higher overhead.
AdLeap Promotions Group LLC $89,162
+4.9%
Reflects structural premiums typical of AdLeap Promotions Group LLC's large-cap national operations.
Retail & Wholesale Industry $123,318
+45.1%
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.

How Lake Henry Implement Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Lake Henry Implement Inc. Click a company name to learn more.

Employee Reviews: Working at Lake Henry Implement Inc

Considering a career at Lake Henry Implement Inc? 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.
Overall, it’s a fulfilling workplace with long-term potential. The company also offers competitive benefits. There are plenty of opportunities to learn and grow. Career growth is possible but requires proactive effort. It’s a good fit for those who prefer stability in their retail career.
Commented in March 15, 2025
10
0
The job provides a balanced workload. The wholesale division is growing, which opens up more career paths. The office spaces (and stores) are well-maintained, creating a pleasant atmosphere. The culture is welcoming, and employees are treated with respect. The retail sector is fast-moving, but the company provides clear guidance and support.
Commented in September 23, 2024
33
1
The management team is supportive, and the company provides good training programs. A top employer in the sector. The retail sector can be fast-paced, but leadership ensures workloads are balanced. The Retail & Wholesale sector requires adaptability, and this company does well in keeping up with industry trends. The Retail & Wholesale industry is fast-moving, but this company ensures employees are...
Commented in August 01, 2024
32
3

Lake Henry Implement Inc Overview

Website
www.lakehenryimplement.com
Founded In
2010
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
23661 State Hwy 4 Paynesville Minnesota MN 56362
Revenue
<$5 Million
Phone Number
+1 3202437411
Social Media
About Lake Henry Implement Inc
Lake Henry Implement serves central Minnesota and surrounding areas. We provide top of the line equipment from these manufacturers Massey Ferguson tractors, Hesston hay tools, White planters, and Sunflower tillage tools, brought to you by AGCO Corp. MacDon, Kuhn, Kuhn Knight, H&S, J&M, Dion, Harvest International, and Notch equipment, Mustang construction equipment, Cub Cadet, and Massey Ferguson

What Benefits Does Lake Henry Implement Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lake Henry Implement Inc 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 Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Lake Henry Implement Inc.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Lake Henry Implement Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Lake Henry Implement Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lake Henry Implement Inc

1. How much does a Lake Henry Implement Inc employee make?

Lake Henry Implement Inc pays its employees an average of $85,017 per year. The average salary at Lake Henry Implement Inc range from $74,765 to $96,137 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.

2. Which similar company tend to pay more or less than Lake Henry Implement Inc?

The salary at Lake Henry Implement Inc is lesser than the similar company. The average annual salary at Lake Henry Implement Inc is $85,017, or an hourly wage of $41, in comparison to Controls Group North America which pays $102,178 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Lake Henry Implement Inc?

In many roles at Lake Henry Implement 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.

4. How does the cost of living near Saint Paul affect the perceived value of a Lake Henry Implement Inc salary?

Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). This significantly impacts the purchasing power of a salary from Lake Henry Implement Inc based there. Our "Cost of Living Insights for Saint Paul" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Lake Henry Implement Inc typically offer employees?

Lake Henry Implement 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 Lake Henry Implement Inc" section on this page.

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