Portland Electric Salary

Portland Electric pays its employees an average of $75,158 per year. The average salary at Portland Electric range from $66,033 to $85,510 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.

The salary at Portland Electric is higher than the similar company. The average annual salary at Portland Electric is $75,158, or an hourly wage of $36, in comparison to PEERLESS ENERGY SYSTEMS which pays $60,333 per year or $29 per hour.

In many roles at Portland 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.

Hartford's Cost of Living Index is approximately 99.2 (0.8% less expensive than US average; 7.9% less than CT average). This significantly impacts the purchasing power of a salary from Portland Electric based there. Our "Cost of Living Insights for Hartford" module details this impact, helping you assess the 'real feel' value of your compensation.

Portland 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 Portland Electric" section on this page.