Premium Electric Salary

As of July 2026, the average annual salary for employees at Premium Electric in the United States is $91,546. This translates to an approximate hourly wage of $44. Salaries at Premium Electric typically range from $80,648 to $103,307 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Premium Electric Pay for Different Roles?

Explore detailed salary information for specific jobs at Premium Electric. Based on our data, the highest paying job is the Project Manager, with an annual salary of $97,058. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Premium Electric

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

Is Premium Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Premium 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
Armac Construction $89,521
-2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Neff Paving $80,492
-12.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Rail Mechanical Services $84,743
-7.4%
Rail Mechanical Services likely leverages performance bonuses over the high base salary shown here.
Anderson Air LLC $79,321
-13.4%
Anderson Air LLC operates with a leaner overhead structure, impacting base wage offers.
Construction Industry $119,814
+30.9%
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 Premium Electric

Considering a career at Premium 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.
Diverse projects offer great learning opportunities. Everyone knows what they need to do, which leads to better coordination and fewer conflicts on site. The work is reliable, but career growth feels uncertain. Day-to-day operations are smooth. The company is large and well-established, which can lead to decision-making.
Project changes can happen suddenly with little notice. Consistent investment in technology and training. This company offers stability and ongoing opportunities across regions and project types. It's a solid place to grow. Training is more on-the-job than formal. There's a genuine culture of looking out for one another here, especially when it comes to safety on the construction site. The combina...
Benefits are competitive, and there’s a real focus on career development. I appreciate the strong teamwork culture here. Scheduling was military-precise, with trades arriving exactly when needed. From intricate renovations to sprawling new developments, there's always a new challenge to tackle.

Premium Electric Overview

Website
www.premiumelectricinc.com
Founded In
2006
Employees
<25 employees
Industry
Construction
Headquarter Address
5200 Thatcher Rd Downers Grove Illinois IL 60515
Revenue
<$5 Million
Phone Number
+1 8475241507
Social Media
About Premium Electric
Premium Electric's dedicated staff has been providing superior electrical services since 2005. We are a team of professionals committed to delivering quality performance and electrical solutions to Chicago and the surrounding suburbs. With over 100 years of combined industry experience in project design, estimating and management, we are able to supply results a grade above the rest.

What Benefits Does Premium Electric Offer Beyond Salary?

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

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

1. What is the typical salary range (low to high) for most roles at Premium Electric?

The typical annual salary range for most roles at Premium Electric is approximately from $80,648 to $103,307. 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. How much does Premium Electric pay compared to Armac Construction?

The average annual salary at Premium Electric is $91,546, or an hourly wage of $44, in comparison to Armac Construction which pays $89,521 per year or $43 per hour.

3. Do salaries differ significantly between departments at Premium Electric?

Yes, salaries often differ between departments at Premium Electric due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Premium Electric?

Experience level is a significant factor in determining salary at Premium Electric, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Premium Electric in Chicago is fair given the local cost of living?

To determine if a salary offer from Premium Electric in Chicago is fair, first compare the gross salary to our data for similar roles at Premium Electric and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Why might an individual's actual salary at Premium Electric differ from the ranges shown here?

An individual's actual salary at Premium Electric can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.