Red Drum Trading Inc Salary

As of September 2026, the average annual salary for employees at Red Drum Trading Inc in the United States is $108,845. This translates to an approximate hourly wage of $52. Salaries at Red Drum Trading Inc typically range from $95,860 to $122,793 annually, reflecting the diverse roles and experience levels within the company.
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Is Red Drum Trading Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Red Drum Trading 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
One Big Switch LLC $118,633
+9.0%
Driven by niche technical certifications required for One Big Switch LLC's specialized projects.
The B'laster Corp $95,786
-12.0%
Normalized for lower cost-of-living zones where The B'laster Corp primarily operates.
Olympic Petroleum Corp $103,813
-4.6%
Olympic Petroleum Corp may offer non-monetary perks in lieu of competitive base salaries.
Blackbuck Resources LLC $96,493
-11.3%
Typical compensation structure for smaller regional agencies like Blackbuck Resources LLC.
Energy & Utilities Industry $130,148
+19.6%
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 Red Drum Trading Inc

Considering a career at Red Drum Trading 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.
Training is thorough, and the atmosphere promotes growth. Pay is competitive and consistent. Great leadership vision and execution. It's rare to find an energy employer that balances operational excellence with such strong employee focus.
The focus is more on keeping operations steady than trying new approaches. The teamwork at this energy company is exceptional. The organizational structure supports collaboration and innovation, and I regularly feel heard in team meetings. Clear mission and commitment to energy efficiency. It’s a quiet place to work with limited distractions. There’s a genuine team spirit that motivates everyone t...
Working here gives me a real sense of purpose. It's gratifying to work for an organization that truly values both its mission and its people. Schedules rarely change. Leaders communicate expectations, and the entire team pulls together with purpose and motivation.

Red Drum Trading Inc Overview

Website
www.reddrums.com
Founded In
2015
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
1 S Main St Toms River New Jersey NJ 08757
Revenue
$5 Million - $10 Million
Phone Number
+1 8447304040
Social Media
About Red Drum Trading Inc
Red Drum Trading Inc. is the authorized distributor of the industry-leading full line of Sinopec petroleum and chemical products for the United States marketplace. Sinopec has one of the worlds most advanced chemical manufacturing facilities and the largest oil refineries. Red Drums distribution network was built for speed and efficiency. Selecting and analyzing locations that work for our partner

What Benefits Does Red Drum Trading Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Red Drum Trading 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 Toms River?

Understanding the cost of living near Toms River is key to truly evaluating a salary offer or your current compensation at Red Drum Trading Inc.
Toms River's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 3.8% less than NJ average). Ocean County, Jersey Shore, housing costs above US avg. NJ Transit, Ocean Ride. When planning your budget based on a salary from Red Drum Trading Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Red Drum Trading Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus, Ocean Ride Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,940 - $4,590+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Red Drum Trading Inc

1. What is the average salary for employees at Red Drum Trading Inc?

The average annual total compensation for employees at Red Drum Trading Inc is approximately $108,845. However, this is an aggregate figure, actual salaries can range significantly, typically from $95,860 to $122,793, depending on factors like job role, experience, and location.

2. How much does Red Drum Trading Inc pay compared to One Big Switch LLC?

The average annual salary at Red Drum Trading Inc is $108,845, or an hourly wage of $52, in comparison to One Big Switch LLC which pays $118,633 per year or $57 per hour.

3. What is the lowest salary at Red Drum Trading Inc?

The lowest-paying job at Red Drum Trading Inc is a Customer Service Specialist with a salary of $43,429 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Red Drum Trading Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Red Drum Trading Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Red Drum Trading Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Toms River?

While some companies offer formal COLA, many, including potentially Red Drum Trading Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Red Drum Trading Inc?

Most companies, likely including Red Drum Trading Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.