Olympiatech Electric Salary

As of July 2026, the average annual salary for employees at Olympiatech Electric in the United States is $100,132. This translates to an approximate hourly wage of $48. Salaries at Olympiatech Electric typically range from $88,172 to $113,098 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Olympiatech Electric

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Is Olympiatech Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Olympiatech Electric'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
ADK Electric Inc $96,820
-3.3%
ADK Electric Inc may offer non-monetary perks in lieu of competitive base salaries.
Meyers Electric LLC $82,106
-18.0%
Normalized for lower cost-of-living zones where Meyers Electric LLC primarily operates.
Coastal Electric Company of Florida $89,099
-11.0%
Coastal Electric Company of Florida operates with a leaner overhead structure, impacting base wage offers.
Haggard Electrical Contractors $99,731
-0.4%
Confirms Haggard Electrical Contractors is a direct competitor vying for the exact same talent pool.
Construction Industry $119,814
+19.7%
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 Olympiatech Electric

Considering a career at Olympiatech Electric? 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.
Beyond safety, the scale of projects we undertake is awe-inspiring, offering diverse challenges and opportunities for growth. Middle management varies significantly, so experiences differ between crews. Leadership is capable, and it is visible. There are plenty of opportunities to learn new techniques and gain certifications.
Leadership ensures tools are up to date, teams are well-staffed, and job sites run smoothly. High standards for quality and job site professionalism. Long hours common, especially during peak season.
A good starter job in construction, though not the best for long-term career planning. The work environment is supportive, inclusive, and fosters creativity. The company invests in sustainable construction methods and promotes a culture of continuous improvement. Everyone works toward the same clear mission.
We are trusted to do our jobs well and take ownership of tasks. Managers meet expectations but aren't very visible. It's satisfying to build tangible things with a skilled, supportive team. Flexible scheduling options help me maintain a healthy work-life balance, which is rare in the construction industry. Management actively encourages feedback and fosters a collaborative environment where ideas ...
The projects are complex and rewarding, and the company embraces new technologies and methods to stay ahead. There’s a strong emphasis on innovation and sustainable building practices, which I find inspiring. The company’s reputation for quality and reliability makes it a standout in the construction industry. Field management checks in often, and the safety team is proactive.

Olympiatech Electric Overview

Website
www.olympiatech.net
Founded In
1964
Employees
50 - 100 employees
Industry
Construction
Headquarter Address
13700 Water Tower Cir Minneapolis Minnesota MN 55441
Revenue
$10 Million - $50 Million
Phone Number
+1 7635591900
Social Media
About Olympiatech Electric
OlympiaTech provided design-build electrical wiring and installation for the move of FICO's corporate offices located in Minneapolis and Arden Hills to Roseville, MN. This project consisted of multiple buildings and floors for the build-out of their corporate offices. The 145,000 square foot demolition and remodel was executed within a four month period working closely with the owner, general cont

What Benefits Does Olympiatech Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Olympiatech Electric 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Olympiatech Electric.
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 Olympiatech Electric, 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 Olympiatech Electric 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 Olympiatech Electric

1. How much does an Olympiatech Electric employee make?

Olympiatech Electric pays its employees an average of $100,132 per year. The average salary at Olympiatech Electric range from $88,172 to $113,098 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 Olympiatech Electric?

The salary at Olympiatech Electric is higher than the similar company. The average annual salary at Olympiatech Electric is $100,132, or an hourly wage of $48, in comparison to ADK Electric Inc which pays $96,820 per year or $47 per hour.

3. How much does a President typically earn at Olympiatech Electric?

A President at Olympiatech Electric typically earns an average annual base salary of around $775,111, with a general range of $593,835 to $975,777.

4. Do employees with advanced degrees (Master's, PhD) earn more at Olympiatech Electric?

In many roles at Olympiatech Electric, 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.

5. How does the cost of living near Minneapolis affect the perceived value of a Olympiatech Electric 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 Olympiatech Electric based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Olympiatech Electric typically offer employees?

Olympiatech Electric 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 Olympiatech Electric" section on this page.