| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Marblehead Municipal Light Department | $106,925 |
+13.3%
|
Driven by niche technical certifications required for Marblehead Municipal Light Department's specialized projects. |
| BIOFerm | $93,888 |
-0.5%
|
Confirms BIOFerm is a direct competitor vying for the exact same talent pool. |
| BNB Renewable Energy Holdings | $115,532 |
+22.4%
|
Supported by BNB Renewable Energy Holdings's high-margin contracts allowing higher overhead. |
| Penelco Corp | $120,448 |
+27.6%
|
Influenced by prevailing union wage agreements specific to Penelco Corp's sector. |
| Energy & Utilities Industry | $130,148 |
+37.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$106,925 / year
Salary Range: $94,192 - $120,586
Marblehead, MA
$93,888 / year
Salary Range: $82,710 - $105,892
Madison, WI
$115,532 / year
Salary Range: $101,779 - $130,304
New York City, NY
$120,448 / year
Salary Range: $106,105 - $135,840
Los Altos, CA
$107,758 / year
Salary Range: $94,925 - $121,537
Santa Monica, CA
$95,059 / year
Salary Range: $83,736 - $107,209
Denver, CO
$115,690 / year
Salary Range: $101,908 - $130,475
New York City, NY
$94,341 / year
Salary Range: $83,104 - $106,392
Kansas City, MO
$93,002 / year
Salary Range: $81,931 - $104,892
Richardson, TX
Get an estimated calculation of how much you should be earning and insight into your career options.
Red Energy pays its employees an average of $94,405 per year. The average salary at Red Energy range from $83,159 to $106,465 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 Red Energy is lesser than the similar company. The average annual salary at Red Energy is $94,405, or an hourly wage of $45, in comparison to Marblehead Municipal Light Department which pays $106,925 per year or $51 per hour.
A Software Engineer at Red Energy typically earns an average annual base salary of around $106,802, with a general range of $98,988 to $113,693.
In many roles at Red Energy, 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.
Red Energy 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 Red Energy" section on this page.
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