Principal Electric Corp Salary

Principal Electric Corp Salary

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As of August 2026, the average annual salary for employees at Principal Electric Corp in the United States is $98,877. This translates to an approximate hourly wage of $48. Salaries at Principal Electric Corp typically range from $87,109 to $111,586 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Principal Electric Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Principal Electric Corp. Based on our data, the highest paying job is the President, with an annual salary of $765,394. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Principal Electric Corp

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

Is Principal Electric Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Principal Electric Corp'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
Independent Contractors Inc $85,724
-13.3%
Independent Contractors Inc focuses strategically on recruiting and training entry-level apprentices.
Wct Construction $92,770
-6.2%
Wct Construction likely leverages performance bonuses over the high base salary shown here.
Simplicity Roofing Inc $85,048
-14.0%
Normalized for lower cost-of-living zones where Simplicity Roofing Inc primarily operates.
pristine electric Inc $95,206
-3.7%
Typical compensation structure for smaller regional agencies like pristine electric Inc.
Construction Industry $119,814
+21.2%
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 Principal Electric Corp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Principal Electric Corp

Considering a career at Principal Electric Corp? 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.
Team collaboration here is outstanding. The safety protocols are stringent, ensuring everyone returns home safely each day. Strong focus on safety and employee well-being. I feel a great sense of teamwork and collaboration not just within my immediate crew, but across different trades and departments. In a company there are numerous pathways to advancement, and leadership actively encourages inter...
Commented in February 21, 2025
33
2
Beyond the financial aspects, the company fosters a positive work environment where contributions are recognized, and achievements are celebrated. The training provided is thorough, and supervisors are very hands-on and approachable. The company maintains a stable work environment with clear safety standards. The work is consistent but may lack excitement. Tools are well-maintained, and everyone i...
Commented in November 02, 2024
27
2
Management is professional but less approachable. Career advancement is possible but competitive. I appreciate the company’s commitment to sustainability and innovative construction methods.
Commented in February 10, 2024
31
1

Principal Electric Corp Overview

Website
Data pending, update soon.
Founded In
2018
Employees
<25 employees
Industry
Construction
Headquarter Address
125 Vark St Yonkers New York NY 10701
Revenue
<$5 Million
Phone Number
-
Social Media
About Principal Electric Corp
Principal Electric Corp is a company that operates in the Construction industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Yonkers, New York.

What Benefits Does Principal Electric Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Principal Electric Corp 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 Yonkers?

Understanding the cost of living near Yonkers is key to truly evaluating a salary offer or your current compensation at Principal Electric Corp.
Yonkers' Cost of Living Index is approximately 135.8 (35.8% more expensive than US average; 8.6% more than NY average). Westchester County city bordering The Bronx, high housing costs. Bee-Line Bus, Metro-North. When planning your budget based on a salary from Principal Electric Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of Principal Electric Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Bee-Line/Metro-North varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,510 - $5,330+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Principal Electric Corp

1. How much does a Principal Electric Corp employee make?

Principal Electric Corp pays its employees an average of $98,877 per year. The average salary at Principal Electric Corp range from $87,109 to $111,586 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 Principal Electric Corp?

The salary at Principal Electric Corp is higher than the similar company. The average annual salary at Principal Electric Corp is $98,877, or an hourly wage of $48, in comparison to Independent Contractors Inc which pays $85,724 per year or $41 per hour.

3. How much does a President typically earn at Principal Electric Corp?

A President at Principal Electric Corp typically earns an average annual base salary of around $765,394, with a general range of $586,676 to $962,731.

4. Do employees with advanced degrees (Master's, PhD) earn more at Principal Electric Corp?

In many roles at Principal Electric Corp, 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.

5. How does the cost of living near Yonkers affect the perceived value of a Principal Electric Corp salary?

Yonkers' Cost of Living Index is approximately 135.8 (35.8% more expensive than US average; 8.6% more than NY average). This significantly impacts the purchasing power of a salary from Principal Electric Corp based there. Our "Cost of Living Insights for Yonkers" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Principal Electric Corp typically offer employees?

Principal Electric Corp 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 Principal Electric Corp" section on this page.

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