Luken Memorials Inc Salary

As of July 2026, the average annual salary for employees at Luken Memorials Inc in the United States is $75,967. This translates to an approximate hourly wage of $37. Salaries at Luken Memorials Inc typically range from $66,912 to $85,723 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Luken Memorials Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Luken Memorials Inc. Based on our data, the highest paying job is the President, with an annual salary of $588,049. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Luken Memorials Inc

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Is Luken Memorials Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Luken Memorials 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
BGV Inc $87,042
+14.6%
Driven by niche technical certifications required for BGV Inc's specialized projects.
Dependable Steel Rule Dies Inc $85,882
+13.1%
Influenced by prevailing union wage agreements specific to Dependable Steel Rule Dies Inc's sector.
M-Tronic Inc $86,008
+13.2%
Reflects structural premiums typical of M-Tronic Inc's large-cap national operations.
Gold Standard Truss LLC $88,213
+16.1%
Supported by Gold Standard Truss LLC's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+60.3%
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 Luken Memorials Inc

Considering a career at Luken Memorials 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.
The company actively encourages internal promotions and invests in skill development programs, including apprenticeships and technical training. Processes are tightly controlled, which helps productivity but limits flexibility. Leadership cares about employees and works to create a safe and inclusive environment. Regular training and a focus on continuous improvement mean we're always getting bett...
Management genuinely cares about its employees, fostering a supportive and respectful environment. Cross-functional collaboration is encouraged, providing exposure to different aspects of the business. I’ve worked in several manufacturing plants, but this one stands out. I’ve developed valuable technical skills and confidence on the job.
From procurement to delivery, everything is thoughtfully managed. It’s clear they value their workforce and want to attract and retain good people. The investment in automation complements rather than replaces human workers, creating more interesting technical roles. Expectations are clear, and results are measured precisely. Management listens to feedback. A positive atmosphere where hard work is...

Luken Memorials Inc Overview

Website
www.lukenmemorials.com
Founded In
1994
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1609 Broadway Ave Yankton South Dakota SD 57078
Revenue
<$5 Million
Phone Number
+1 6056653052
Social Media
About Luken Memorials Inc
Luken Memorials is a family owned business that established its home office & carving center in Yankton, SD nearly sixty years ago and traces its roots in the granite memorial industry to before the turn of the 20th century. Subsequent expansion has placed Luken Memorials stores in Sioux City, IA, Norfolk, NE, Sioux Falls, SD., Tyndall, SD and Onawa, IA. Luken Memorials' affiliate West River Monum

What Benefits Does Luken Memorials Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Luken Memorials 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 Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at Luken Memorials Inc.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from Luken Memorials Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Luken Memorials Inc salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Luken Memorials Inc

1. What is the average salary for employees at Luken Memorials Inc?

The average annual total compensation for employees at Luken Memorials Inc is approximately $75,967. However, this is an aggregate figure, actual salaries can range significantly, typically from $66,912 to $85,723, depending on factors like job role, experience, and location.

2. How much does Luken Memorials Inc pay compared to BGV Inc?

The average annual salary at Luken Memorials Inc is $75,967, or an hourly wage of $37, in comparison to BGV Inc which pays $87,042 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Luken Memorials Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Luken Memorials Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Luken Memorials Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Sioux Falls?

While some companies offer formal COLA, many, including potentially Luken Memorials Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Luken Memorials Inc?

Most companies, likely including Luken Memorials Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.