Lake Shore Electric Corp Salary

As of August 2026, the average annual salary for employees at Lake Shore Electric Corp in the United States is $88,825. This translates to an approximate hourly wage of $43. Salaries at Lake Shore Electric Corp typically range from $78,229 to $100,246 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lake Shore Electric Corp

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Is Lake Shore Electric Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Lake Shore Electric Corp'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
St Peter Metal Works $83,751
-5.7%
St Peter Metal Works operates with a leaner overhead structure, impacting base wage offers.
Pro-Tec Electroplating $84,426
-5.0%
Typical compensation structure for smaller regional agencies like Pro-Tec Electroplating.
Darlly Filter LLC $88,434
-0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Midwest Switchgear $87,411
-1.6%
Confirms Midwest Switchgear is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+37.1%
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.

Employee Reviews: Working at Lake Shore Electric Corp

Considering a career at Lake Shore Electric Corp? 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.
It’s rare to find such consistency and positive culture in manufacturing today. Training was adequate, and the tools needed are available. Our ideas have made a real difference in production flow and safety protocols. Advancement opportunities exist.
A clean, safe facility with well-maintained equipment. I’ve had a great experience working with people who take pride in their work. Coworkers are friendly and always willing to help. Opportunities for advancement are available. The work is repetitive but predictable, which suits some people. There’s room to take initiative and suggest process improvements.
Team members are friendly, and the plant floor is well-organized. From good benefits to recognizing hard work, you feel like a valued team member, not just a number. Managers are quick to support and recognize progress. There aren’t many surprises, and schedules are predictable.

Lake Shore Electric Corp Overview

Website
www.lake-shore-electric.com
Founded In
1922
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
205 Willis St Bedford Ohio OH 44146
Revenue
$10 Million - $50 Million
Phone Number
+1 4402320200
Social Media
About Lake Shore Electric Corp
Headquarted in Bedford, Ohio, Lake Shore Electric Corporation is one of the oldest and most widely recognized manufacturers of Generator Control Switchgear and Transfer Switches. The company was founded in 1922 and was incorporated in 1945. Since our inception, we have been providing control and switching equipment for on-site power generation. We enjoy an excellent reputation with our customers a

What Benefits Does Lake Shore Electric Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lake Shore Electric Corp 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Lake Shore Electric Corp.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Lake Shore Electric Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Lake Shore Electric Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lake Shore Electric Corp

1. What is the estimated average total compensation at Lake Shore Electric Corp?

Salary.com estimates that the average total compensation package at Lake Shore Electric Corp, which can include base salary, potential bonuses, and benefits, is around $88,825 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Lake Shore Electric Corp pay compared to St Peter Metal Works?

The average annual salary at Lake Shore Electric Corp is $88,825, or an hourly wage of $43, in comparison to St Peter Metal Works which pays $83,751 per year or $40 per hour.

3. Do salaries differ significantly between departments at Lake Shore Electric Corp?

Yes, salaries often differ between departments at Lake Shore Electric Corp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Lake Shore Electric Corp?

Salary progression from an entry-level to a senior role at Lake Shore Electric Corp can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Lake Shore Electric Corp in Cleveland is fair given the local cost of living?

To determine if a salary offer from Lake Shore Electric Corp in Cleveland is fair, first compare the gross salary to our data for similar roles at Lake Shore Electric Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cleveland" to understand its purchasing power.

6. Are promotions at Lake Shore Electric Corp usually accompanied by a significant salary increase?

Yes, promotions at Lake Shore Electric Corp are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.