Parks Drilling Co Salary

As of September 2026, the average annual salary for employees at Parks Drilling Co in the United States is $90,987. This translates to an approximate hourly wage of $44. Salaries at Parks Drilling Co typically range from $80,135 to $102,734 annually, reflecting the diverse roles and experience levels within the company.
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Is Parks Drilling Co’s Pay Competitive? Salary Benchmarking Analysis

How does Parks Drilling 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
Argus Builders Inc $91,620
+0.7%
Confirms Argus Builders Inc is a direct competitor vying for the exact same talent pool.
Rigdon Construction Inc $87,316
-4.0%
Rigdon Construction Inc may offer non-monetary perks in lieu of competitive base salaries.
Moody's of Dayton Inc $86,989
-4.4%
Normalized for lower cost-of-living zones where Moody's of Dayton Inc primarily operates.
Bundick Well & Pump Co $85,724
-5.8%
Typical compensation structure for smaller regional agencies like Bundick Well & Pump Co.
Construction Industry $119,814
+31.7%
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 Parks Drilling Co

Considering a career at Parks Drilling 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.
This dedication to sustainability makes me proud to be part of their team. Working here means being part of a team committed to excellence and innovation. Employee well-being is prioritized, with flexible schedules and competitive benefits. The company is great at acknowledging milestones and celebrating project completions. There’s a real sense of pride in being part of a team that delivers top-...
Pay is fair and on time. Benefits meet basic industry standards. Steady employment and decent pay are the best parts of working here. Construction deadlines are realistic, and tools and resources are available when needed. The company supports professional certifications and encourages continuous improvement, making it an excellent place for anyone looking to advance in construction. Employee trai...
Supervisors are knowledgeable, but some lack people skills. Cross-functional teamwork happens rarely. The collaborative culture makes it easy to share ideas and learn from peers. Pay is fair, and tools are provided.
Projects provide valuable industry experience. Safety is prioritized, but workload can be heavy. Everyone is held accountable, which creates a respectful work environment.

Parks Drilling Co Overview

Website
www.parksdrilling.com
Founded In
1970
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
5745 Avery Rd Dublin Ohio OH 43016
Revenue
$10 Million - $50 Million
Phone Number
+1 6147617707
Social Media
About Parks Drilling Co
Parks Drilling Co. is committed to providing our customers more than a job well done a job well done safely. Wide Range of Drill Sizes Parks Drilling has everything needed to accommodate holes 18" to 120" in 6" intervals.

What Benefits Does Parks Drilling Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parks Drilling 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 Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at Parks Drilling Co.
Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). State capital (Ohio State Univ.), growing, affordable. COTA bus. When planning your budget based on a salary from Parks Drilling Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Parks Drilling Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (COTA 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 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,282 - $3,602+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parks Drilling Co

1. What is the average salary for employees at Parks Drilling Co?

The average annual total compensation for employees at Parks Drilling Co is approximately $90,987. However, this is an aggregate figure, actual salaries can range significantly, typically from $80,135 to $102,734, depending on factors like job role, experience, and location.

2. How much does Parks Drilling Co pay compared to Argus Builders Inc?

The average annual salary at Parks Drilling Co is $90,987, or an hourly wage of $44, in comparison to Argus Builders Inc which pays $91,620 per year or $44 per hour.

3. What is the lowest salary at Parks Drilling Co?

The lowest-paying job at Parks Drilling Co is a Safety Technician with a salary of $40,752 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Parks Drilling Co?

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 Parks Drilling Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Parks Drilling Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Columbus?

While some companies offer formal COLA, many, including potentially Parks Drilling Co, 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.

6. What's the typical process for salary reviews and raises at Parks Drilling Co?

Most companies, likely including Parks Drilling Co, 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.