Marine Electric Co Salary

As of October 2026, the average annual salary for employees at Marine Electric Co in the United States is $87,200. This translates to an approximate hourly wage of $42. Salaries at Marine Electric Co typically range from $76,781 to $98,490 annually, reflecting the diverse roles and experience levels within the company.
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Is Marine Electric Co’s Pay Competitive? Salary Benchmarking Analysis

How does Marine Electric Co'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
Amptx Electric LP $82,433
-5.5%
Typical compensation structure for smaller regional agencies like Amptx Electric LP.
Banta Electrical Contractors Inc $91,609
+5.1%
Supported by Banta Electrical Contractors Inc's high-margin contracts allowing higher overhead.
Jacobs Telephone Contractors Inc $91,715
+5.2%
Data suggests Jacobs Telephone Contractors Inc's workforce skews heavily towards veteran, high-tenure roles.
I-D Electric Co $89,922
+3.1%
Reflects a supply-demand imbalance for the specific talent I-D Electric Co targets.
Construction Industry $119,814
+37.4%
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 Marine Electric Co

Considering a career at Marine Electric Co? 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.
There's an immense sense of pride working for a construction company with such a stellar reputation for quality and integrity. The culture is professional but can feel impersonal or rigid for some workers. Leadership ensures tools are up to date, teams are well-staffed, and job sites run smoothly. The projects are diverse, pushing me to continuously learn and apply new skills. Opportunities for ad...
You feel like your contributions actually matter here. The environment suits those preferring structure over rapid change. Communication from management is formal and sometimes infrequent. Field leadership is supportive and keeps morale high.
High performance is rewarded and appreciated. The company culture is inclusive and supportive, encouraging diversity of thought. This organized structure helps maintain order and productivity, especially on large, complex projects with multiple crews working simultaneously, leading to better coordination and fewer mistakes overall. Advancement depends largely on who you know.
Safe work environment maintained daily. Work feels appreciated and respected. The collaborative spirit here is unmatched; colleagues support each other, creating a positive work environment. From planning to finish, processes are thoughtful and well-run.
A good choice for steady employment, though less suited to ambitious professionals looking for dynamic opportunities or greater autonomy. The environment is professional and respectful. Safety, innovation, and employee satisfaction are all prioritized equally. The company’s focus on safety and quality ensures high standards. It fosters a sense of belonging and shared purpose within the organizatio...

Marine Electric Co Overview

Website
www.marine-electric.com
Founded In
1908
Employees
50 - 100 employees
Industry
Construction
Headquarter Address
110 S 1st St Louisville Kentucky KY 40202
Revenue
$10 Million - $50 Million
Phone Number
+1 5025876514
Social Media
About Marine Electric Co
In 1908, Marine Electric Company was founded in Louisville, Kentucky to provide convenient, quality electrical service to the heavy steamboat traffic on the Ohio River. If founder Ed Thirlwell were around today, he would see that his original one-man shop has developed into one of the largest, most highly respected electrical contracting and engineering companies in the region.Marine Electric Comp

What Benefits Does Marine Electric Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Marine Electric Co 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Louisville?

Understanding the cost of living near Louisville is key to truly evaluating a salary offer or your current compensation at Marine Electric Co.
Louisville's Cost of Living Index is approximately 87.8 (12.2% less expensive than US average; 5.5% less than KY average). Largest KY city, Kentucky Derby, affordable housing. TARC bus. When planning your budget based on a salary from Marine Electric Co, 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 Marine Electric Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (TARC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,180 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Marine Electric Co

1. How much does a Marine Electric Co employee make?

Marine Electric Co pays its employees an average of $87,200 per year. The average salary at Marine Electric Co range from $76,781 to $98,490 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 Marine Electric Co?

The salary at Marine Electric Co is higher than the similar company. The average annual salary at Marine Electric Co is $87,200, or an hourly wage of $42, in comparison to Amptx Electric LP which pays $82,433 per year or $40 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Marine Electric Co?

In many roles at Marine Electric Co, 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 Louisville affect the perceived value of a Marine Electric Co salary?

Louisville's Cost of Living Index is approximately 87.8 (12.2% less expensive than US average; 5.5% less than KY average). This significantly impacts the purchasing power of a salary from Marine Electric Co based there. Our "Cost of Living Insights for Louisville" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Marine Electric Co typically offer employees?

Marine Electric Co 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 Marine Electric Co" section on this page.