Retrax Inc Salary

As of May 2026, the average annual salary for employees at Retrax Inc in the United States is $83,530. This translates to an approximate hourly wage of $40. Salaries at Retrax Inc typically range from $73,226 to $94,747 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Retrax Inc

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Is Retrax Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Retrax 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
The Prudential Home Mortgage Securities Company Inc $101,683
+21.7%
Driven by niche technical certifications required for The Prudential Home Mortgage Securities Company Inc's specialized projects.
Minot United Community Bank $89,848
+7.6%
Reflects a supply-demand imbalance for the specific talent Minot United Community Bank targets.
Vms Holdings Inc $107,737
+29.0%
Supported by Vms Holdings Inc's high-margin contracts allowing higher overhead.
FIV Holdings $97,189
+16.4%
Influenced by prevailing union wage agreements specific to FIV Holdings's sector.
Financial Services Industry $121,514
+45.5%
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 Retrax Inc

Considering a career at Retrax 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.
The benefits are solid, and the organization embraces diversity and professional integrity. Competitive salaries and comprehensive benefits enhance overall job satisfaction. Training is provided it is aligned with employee needs. Culture values integrity and excellence. With team members, there’s a strong sense of community, and leadership prioritizes transparency and growth.
Career growth exists but usually depends on seniority rather than performance. On-site flu shots save time. Administrative support is exceptional. I feel valued here and proud to contribute to innovative financial solutions that impact clients positively every day. I’ve grown my network and capabilities significantly since joining this financial services team. There are ample opportunities for car...
Cross-departmental projects are common, and employees are encouraged to share insights. I’m never unsure about where I stand or what’s expected. I’ve had excellent mentorship and space to develop professionally. Senior leaders are accessible and genuinely interested in employee development. Stable company with strong financial performance and future growth.
Positive feedback is celebrated company-wide. The career advancement opportunities at gowth across various financial disciplines, from investment banking to wealth management. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynamic market. The company has great internal mobility. Thoughtful placement reduces daily stress.
Internal mobility is real, and continuous improvement is encouraged. Projects are interesting and relevant. Well-structured workflows ensure efficient project completion. That reliability helps you focus on doing your best work without second-guessing policies or expectations.

Retrax Inc Overview

Website
www.retrax.com
Founded In
1996
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
917 S 46th St Grand Forks North Dakota ND 58201
Revenue
$10 Million - $50 Million
Phone Number
+1 7017465598
Social Media
About Retrax Inc
Retrax Holdings, founded in 1996 in Grand Forks, ND, is the leader in retractable truck bed covers, offering glossy and matte options in both polycarbonate and heavy-duty aluminum construction. Retrax focuses on designing, developing and manufacturing the most innovative and high-quality products backed by superior customer service and prompt product availability.

What Benefits Does Retrax Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Retrax 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 Grand Forks?

Understanding the cost of living near Grand Forks is key to truly evaluating a salary offer or your current compensation at Retrax Inc.
Grand Forks' Cost of Living Index is approximately 88.7 (11.3% less expensive than US average; 7.1% less than ND average). Eastern ND city (UND, GFAFB), affordable. CAT (Cities Area Transit). When planning your budget based on a salary from Retrax Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Retrax Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (CAT monthly pass, free for UND) 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,265+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Retrax Inc

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

The typical annual salary range for most roles at Retrax Inc is approximately from $73,226 to $94,747. 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 Retrax Inc pay compared to The Prudential Home Mortgage Securities Company Inc?

The average annual salary at Retrax Inc is $83,530, or an hourly wage of $40, in comparison to The Prudential Home Mortgage Securities Company Inc which pays $101,683 per year or $49 per hour.

3. Do salaries differ significantly between departments at Retrax Inc?

Yes, salaries often differ between departments at Retrax Inc 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 Retrax Inc?

Experience level is a significant factor in determining salary at Retrax Inc, 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 Retrax Inc in Grand Forks is fair given the local cost of living?

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

6. Are the salaries listed for Retrax Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Retrax Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.