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Prater Electric Inc Salary

Prater Electric Inc Salary

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As of September 2026, the average annual salary for employees at Prater Electric Inc in the United States is $76,610. This translates to an approximate hourly wage of $37. Salaries at Prater Electric Inc typically range from $67,489 to $86,455 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Prater Electric Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Prater Electric Inc. Based on our data, the highest paying job is the President, with an annual salary of $593,030. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Prater Electric Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Prater Electric 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
Will Spurlock Electrical Contractors Inc $87,137
+13.7%
Driven by niche technical certifications required for Will Spurlock Electrical Contractors Inc's specialized projects.
Johnson Air Conditioning $85,713
+11.9%
Adjusted for higher cost-of-living indices in Johnson Air Conditioning's primary metro hubs.
General & Mechanical Services LLC $93,213
+21.7%
Data suggests General & Mechanical Services LLC's workforce skews heavily towards veteran, high-tenure roles.
Synergy Earth Systems LLC $82,169
+7.3%
Supported by Synergy Earth Systems LLC's high-margin contracts allowing higher overhead.
Construction Industry $119,814
+56.4%
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.

How Prater Electric Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Prater Electric Inc. Click a company name to learn more.

Employee Reviews: Working at Prater Electric Inc

Considering a career at Prater Electric 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.
Employees are respected and recognized for their hard work regularly. This company offers excellent opportunities to grow through structured training, apprenticeship programs, and certifications. Great for stability, less so for growth. The company invests in modern technology, making construction processes more efficient and enhancing overall job satisfaction and productivity. Overall, this compa...
Commented in March 22, 2025
46
3
Company events help build team spirit. Benefits are solid, and there are plenty of opportunities to advance. Raises and recognition are minimal, and long-term career paths are unclear. Day-to-day operations are smooth. They check in regularly, give clear instructions, and offer support when needed. Training and feedback are consistent, which helps new employees integrate quickly. Employees benefit...
Commented in January 08, 2025
16
0
Clear roles and responsibilities are defined for every construction project, ensuring that everyone understands their tasks and how they contribute to the team's objectives. Long days and physical work are part of the job. Advancement depends heavily on tenure. Safety meetings are engaging and informative.
Commented in January 27, 2024
13
1

Prater Electric Inc Overview

Website
www.praterelectric.com
Founded In
2007
Employees
<25 employees
Industry
Construction
Headquarter Address
248 Ginger Rd Broken Bow Oklahoma OK 74728
Revenue
$5 Million - $10 Million
Phone Number
+1 5805843086
Social Media
About Prater Electric Inc
Skilled electricians who go above and beyond to handle your electrical needs We use the best parts and materials We have the right equipment to take care of any electrical need We have the knowledge and expertise with over 25 years experience We have the experience, training and tools to handle any job Clients' safety is number one with us, so all installations are to code and repairs meet or exce

What Benefits Does Prater Electric Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Prater Electric 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 Broken Arrow?

Understanding the cost of living near Broken Arrow is key to truly evaluating a salary offer or your current compensation at Prater Electric Inc.
Broken Arrow's Cost of Living Index is approximately 88.7 (11.3% less expensive than US average; 1.8% more than OK average). Tulsa suburb, desirable, housing near OK state avg. Tulsa Transit access. When planning your budget based on a salary from Prater Electric Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,350+ A significant portion of Prater Electric Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local, Tulsa Transit access 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,110 - $3,430+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Prater Electric Inc

1. How much does Prater Electric Inc in the United States pay?

Prater Electric Inc pays its employees an average of $76,610 per year. The average salary at Prater Electric Inc range from $67,489 to $86,455 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. Do Prater Electric Inc employees get a higher salary than its peer company?

The salary at Prater Electric Inc is lesser than its peer company. The average annual salary at Prater Electric Inc is $76,610, or an hourly wage of $37, in comparison to Will Spurlock Electrical Contractors Inc which pays $87,137 per year or $42 per hour.

3. What are the highest paying jobs at Prater Electric Inc?

The higher-paying job at Prater Electric Inc, according to our data, include President (avg. $593,030 per year), Electrician (avg. $48,549 per year), and General Office Assistant (avg. $29,434 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Prater Electric Inc?

Salary progression with years of experience at Prater Electric Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Prater Electric Inc vary by office location?

Yes, it's very likely that salaries at Prater Electric Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Broken Arrow section provides more context.

6. Does Prater Electric Inc offer good benefits?

Prater Electric Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Prater Electric Inc" section on this page.

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