Planet Electrical Co Salary

As of August 2026, the average annual salary for employees at Planet Electrical Co in the United States is $92,305. This translates to an approximate hourly wage of $44. Salaries at Planet Electrical Co typically range from $81,317 to $104,160 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Planet Electrical Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Planet Electrical Co. Based on our data, the highest paying job is the Electrician, with an annual salary of $58,496. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Planet Electrical Co

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

Is Planet Electrical Co’s Pay Competitive? Salary Benchmarking Analysis

How does Planet Electrical 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
Acorn Sound Technology $82,422
-10.7%
Acorn Sound Technology may offer non-monetary perks in lieu of competitive base salaries.
Merrick Industrial Management Corp $84,996
-7.9%
Merrick Industrial Management Corp likely leverages performance bonuses over the high base salary shown here.
Wallace Tower Specialists Co $81,547
-11.7%
Typical compensation structure for smaller regional agencies like Wallace Tower Specialists Co.
Wheeler District $79,901
-13.4%
Wheeler District focuses strategically on recruiting and training entry-level apprentices.
Construction Industry $119,814
+29.8%
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.

Employee Reviews: Working at Planet Electrical Co

Considering a career at Planet Electrical 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.
Structure could be improved for better workflow efficiency. There's a remarkable spirit of teamwork and collaboration that extends beyond individual crews to encompass the entire project team, including different trades and departments. Plenty of room to grow if you put in the work. Training is available, and it is comprehensive. There are chances to travel and work on high-profile builds, which k...
Work is steady, though project timelines can be tight. Employees perform well-defined roles with limited cross-team interaction. However, opportunities for innovation are limited, and management can be less approachable. Great people, great culture, and reliable support from the top down.
Team leaders communicate clearly and maintain a culture of mutual respect. The company does an excellent job of keeping us informed about its overall strategic direction, market position, and future construction project pipeline. The benefits package is competitive, and there is a clear path for career advancement. I feel valued and respected working here. Schedules are firm, leaving little room f...

Planet Electrical Co Overview

Website
www.planetelectricalcompany.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Construction
Headquarter Address
5233 W Madison St Chicago Illinois IL 60644
Revenue
<$5 Million
Phone Number
+1 7733127439
Social Media
About Planet Electrical Co
We offer a wide variety of services with the assurance of quality work to meet all of our customer's electrical needs. We provide a full range of electrical services to all commercial and residential customers.

What Benefits Does Planet Electrical Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Planet Electrical 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Planet Electrical Co.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Planet Electrical Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Planet Electrical Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Planet Electrical Co

1. How much does a Planet Electrical Co employee make?

Planet Electrical Co pays its employees an average of $92,305 per year. The average salary at Planet Electrical Co range from $81,317 to $104,160 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 Planet Electrical Co?

The salary at Planet Electrical Co is higher than the similar company. The average annual salary at Planet Electrical Co is $92,305, or an hourly wage of $44, in comparison to Acorn Sound Technology which pays $82,422 per year or $40 per hour.

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

In many roles at Planet Electrical 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 Chicago affect the perceived value of a Planet Electrical Co salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Planet Electrical Co based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Planet Electrical Co typically offer employees?

Planet Electrical 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 Planet Electrical Co" section on this page.