Lou Reid & Associates Salary

As of August 2026, the average annual salary for employees at Lou Reid & Associates in the United States is $95,913. This translates to an approximate hourly wage of $46. Salaries at Lou Reid & Associates typically range from $84,350 to $108,453 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lou Reid & Associates Pay for Different Roles?

Explore detailed salary information for specific jobs at Lou Reid & Associates. Based on our data, the highest paying job is the Sales Representative, with an annual salary of $89,788. 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 Lou Reid & Associates

Ready for your next career move? Explore current job openings at Lou Reid & Associates. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lou Reid & Associates’s Pay Competitive? Salary Benchmarking Analysis

How does Lou Reid & Associates'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
Egg Music $97,126
+1.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
RepSource $102,421
+6.8%
Reflects a supply-demand imbalance for the specific talent RepSource targets.
Absolute Office Solutions Inc $97,548
+1.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Ruben Contract Furniture $88,392
-7.8%
Ruben Contract Furniture operates with a leaner overhead structure, impacting base wage offers.
Retail & Wholesale Industry $123,318
+28.6%
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 Lou Reid & Associates

Considering a career at Lou Reid & Associates? 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.
The company follows a structured approach to operations. The team is cooperative, and management is fair. It’s a good fit for those who prefer structured roles in retail. While there aren’t many flashy perks, the job security and structured workflow make it a reliable place to work.
The compensation is competitive, and there are frequent performance incentives. I appreciate the company’s commitment to employee growth. I’ve enjoyed my time here and appreciate the collaborative spirit. The workplace is structured, and tasks are evenly distributed.
Benefits are strong, making it a great long-term employer. Supportive environment for skill development. The Retail & Wholesale sector requires adaptability, and this company does well in keeping up with industry trends. The Retail & Wholesale industry is fast-paced, but the company provides excellent training programs to help employees adapt. The team here is collaborative and supportive. Coworke...

Lou Reid & Associates Overview

Website
www.loureidassoc.com
Founded In
1983
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
8800 Minnetonka Blvd Minneapolis Minnesota MN 55426
Revenue
<$5 Million
Phone Number
+1 9529331332
Social Media
About Lou Reid & Associates
Lou Reid & Associates is a company that operates in the Furniture industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Minneapolis, Minnesota.

What Benefits Does Lou Reid & Associates Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lou Reid & Associates 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)
Work at Lou Reid & Associates?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Lou Reid & Associates.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Lou Reid & Associates, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Lou Reid & Associates 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) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lou Reid & Associates

1. How much does a Lou Reid & Associates employee make?

Lou Reid & Associates pays its employees an average of $95,913 per year. The average salary at Lou Reid & Associates range from $84,350 to $108,453 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 Lou Reid & Associates?

The salary at Lou Reid & Associates is lesser than the similar company. The average annual salary at Lou Reid & Associates is $95,913, or an hourly wage of $46, in comparison to Egg Music which pays $97,126 per year or $47 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Lou Reid & Associates?

In many roles at Lou Reid & Associates, 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 Minneapolis affect the perceived value of a Lou Reid & Associates salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Lou Reid & Associates based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Lou Reid & Associates typically offer employees?

Lou Reid & Associates 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 Lou Reid & Associates" section on this page.