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McDermott Oil Co Salary

McDermott Oil Co Salary

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As of September 2026, the average annual salary for employees at McDermott Oil Co in the United States is $88,192. This translates to an approximate hourly wage of $42. Salaries at McDermott Oil Co typically range from $77,533 to $99,758 annually, reflecting the diverse roles and experience levels within the company.
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Is McDermott Oil Co’s Pay Competitive? Salary Benchmarking Analysis

How does McDermott Oil 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
Red Hed Oil Co $87,643
-0.6%
Confirms Red Hed Oil Co is a direct competitor vying for the exact same talent pool.
Zurbuchen Oil $91,926
+4.2%
Influenced by prevailing union wage agreements specific to Zurbuchen Oil's sector.
Sullivans Oil Co $106,788
+21.1%
Adjusted for higher cost-of-living indices in Sullivans Oil Co's primary metro hubs.
Rfg Oil Inc $99,805
+13.2%
Driven by niche technical certifications required for Rfg Oil Inc's specialized projects.
Retail & Wholesale Industry $123,318
+39.8%
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 McDermott Oil Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at McDermott Oil Co. Click a company name to learn more.

Employee Reviews: Working at McDermott Oil Co

Considering a career at McDermott Oil 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.
The leadership team is transparent and supportive. The company provides standard industry benefits, and the workload is balanced. The office space is well-designed, promoting productivity and comfort. The company also provides good incentives for performance. The company also supports work-life balance with flexible hours. The workplace is organized, and the team is helpful.
Commented in April 27, 2025
47
1
Workload is manageable. The company offers competitive pay and great health benefits. The company follows fair policies, and the team is cooperative. The team is motivated, and management is transparent about company goals. The company values employee feedback and makes meaningful changes.
Commented in April 13, 2025
31
3
The training programs are excellent, and managers are supportive. The company offers great perks, including health benefits and employee discounts. A great place to grow in retail.
Commented in December 20, 2024
14
3
Management is understanding, and there’s a strong sense of teamwork among staff. The benefits are on par with competitors. Compensation is above industry average, and performance-based rewards are common. The job is steady with a good work-life balance. It’s a standard workplace with steady growth opportunities.
Commented in February 01, 2024
11
3

McDermott Oil Co Overview

Website
www.mcdermottoil.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
2210 Hwy 13 Manchester Iowa IA 52057
Revenue
$5 Million - $10 Million
Phone Number
+1 5639272607
Social Media
About McDermott Oil Co
McDermott Oil is family owned and operated since 1971. We are a BP branded jobbership headquarted in Cascade, IA. We operate convenience stores in Cascade, Manchester, Dyersville, Epworth and Lamont. Most of our stores offer Godfathers Pizza and an extensive kitchen menu. In addition we offer bulk delivery of gasoline, diesel fuel and propane to agricultural, commercial and residential users. We a

What Benefits Does McDermott Oil Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. McDermott Oil 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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What Is the Cost of Living Near Cedar Rapids?

Understanding the cost of living near Cedar Rapids is key to truly evaluating a salary offer or your current compensation at McDermott Oil Co.
Cedar Rapids' Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 8.2% less than IA average). Eastern IA city, affordable housing. CR Transit. When planning your budget based on a salary from McDermott Oil Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of McDermott Oil Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (CR Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,925 - $3,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McDermott Oil Co

1. What is the typical salary range (low to high) for most roles at McDermott Oil Co?

The typical annual salary range for most roles at McDermott Oil Co is approximately from $77,533 to $99,758. 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. How much does McDermott Oil Co pay compared to Red Hed Oil Co?

The average annual salary at McDermott Oil Co is $88,192, or an hourly wage of $42, in comparison to Red Hed Oil Co which pays $87,643 per year or $42 per hour.

3. How does experience level affect salary at McDermott Oil Co?

Experience level is a significant factor in determining salary at McDermott Oil Co, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from McDermott Oil Co in Cedar Rapids is fair given the local cost of living?

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

5. Why might an individual's actual salary at McDermott Oil Co differ from the ranges shown here?

An individual's actual salary at McDermott Oil Co can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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