McMillen Yachts Inc Salary

As of August 2026, the average annual salary for employees at McMillen Yachts Inc in the United States is $94,478. This translates to an approximate hourly wage of $45. Salaries at McMillen Yachts Inc typically range from $83,214 to $106,611 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McMillen Yachts Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at McMillen Yachts Inc. Based on our data, the highest paying job is the President, with an annual salary of $731,346. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at McMillen Yachts Inc

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

Is McMillen Yachts Inc’s Pay Competitive? Salary Benchmarking Analysis

How does McMillen Yachts 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
WWD USA Group LLC $86,546
-8.4%
WWD USA Group LLC focuses strategically on recruiting and training entry-level apprentices.
Hammer Presses $101,693
+7.6%
Reflects a supply-demand imbalance for the specific talent Hammer Presses targets.
360 Signs LLC $96,451
+2.1%
Suggests 360 Signs LLC utilizes a highly similar base-plus-benefits compensation model.
Little Guy Trailers $86,230
-8.7%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+28.9%
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 McMillen Yachts Inc

Considering a career at McMillen Yachts 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.
Processes are structured, which helps keep things on track. People take pride in doing things right the first time. There's a good work-life balance, which is often hard to find in manufacturing. Supervisors communicate well and help solve problems quickly. Strong teamwork and safety culture make the workplace reliable and secure.
Communication between departments sometimes lacks clarity. The management team is visible and involved. I’m proud to be part of this team. There’s a lot of pride in the products we create. Shift work takes adjustment. Results are consistent and reliable every day.
Team interactions are courteous but minimal. Facilities are kept in immaculate condition, reflecting pride in our work environment. The company’s recognition programs make employees feel appreciated and motivated to contribute their best. Flexible shifts accommodate project demands smoothly. Quiet environment with limited interaction.

McMillen Yachts Inc Overview

Website
www.woodenyachts.com
Founded In
1992
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
24 Russo Rd Portsmouth Rhode Island RI 02871
Revenue
$5 Million - $10 Million
Phone Number
+1 4018465557
Social Media
About McMillen Yachts Inc
McMillen Yachts Inc. was founded by Atlanta, Georgia native Earl McMillen III in 1992 following six years of extensive hands on classic yacht restoration. The purpose of the company was to restore and maintain classic yachts. In 1995, McMillen pioneered the concept of fractional yacht ownership in an effort to allow other people, with a similar interest and less available time, to participate in t

What Benefits Does McMillen Yachts Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. McMillen Yachts 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 Providence?

Understanding the cost of living near Providence is key to truly evaluating a salary offer or your current compensation at McMillen Yachts Inc.
Providence's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 1.2% more than RI average). State capital, arts/culture (RISD, Brown), housing above US avg. RIPTA bus, Commuter Rail. When planning your budget based on a salary from McMillen Yachts Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of McMillen Yachts Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (RIPTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,980 - $4,630+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McMillen Yachts Inc

1. What is the typical salary range (low to high) for most roles at McMillen Yachts Inc?

The typical annual salary range for most roles at McMillen Yachts Inc is approximately from $83,214 to $106,611. 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 McMillen Yachts Inc pay compared to WWD USA Group LLC?

The average annual salary at McMillen Yachts Inc is $94,478, or an hourly wage of $45, in comparison to WWD USA Group LLC which pays $86,546 per year or $42 per hour.

3. Do salaries differ significantly between departments at McMillen Yachts Inc?

Yes, salaries often differ between departments at McMillen Yachts Inc 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. How does experience level affect salary at McMillen Yachts Inc?

Experience level is a significant factor in determining salary at McMillen Yachts Inc, 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.

5. How can I determine if a salary offer from McMillen Yachts Inc in Providence is fair given the local cost of living?

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

6. Are the salaries listed for McMillen Yachts Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for McMillen Yachts Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.