Ric Electric LLC Salary

As of July 2026, the average annual salary for employees at Ric Electric LLC in the United States is $81,726. This translates to an approximate hourly wage of $39. Salaries at Ric Electric LLC typically range from $71,998 to $92,235 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ric Electric LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Ric Electric LLC. Based on our data, the highest paying job is the President, with an annual salary of $632,630. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Ric Electric LLC

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

Is Ric Electric LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Ric Electric LLC'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
Turning Leaf Construction $82,907
+1.4%
Suggests Turning Leaf Construction utilizes a highly similar base-plus-benefits compensation model.
Handyman Services & Painting $87,801
+7.4%
Supported by Handyman Services & Painting's high-margin contracts allowing higher overhead.
Zentel Tech LLC $89,785
+9.9%
Driven by niche technical certifications required for Zentel Tech LLC's specialized projects.
Ward-Tek Inc $105,290
+28.8%
Influenced by prevailing union wage agreements specific to Ward-Tek Inc's sector.
Construction Industry $119,814
+46.6%
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 Ric Electric LLC

Considering a career at Ric Electric LLC? 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.
Project deadlines can be tight and stressful. This company has a bright future in construction. This creates a psychologically safe environment where issues can be addressed proactively, benefiting both employee well-being and overall construction project efficiency, which is very important. I have had a truly enriching experience working for this construction company.
Communication between office and field teams needs improvement. The company culture is based on respect, reliability, and safety. The projects are large-scale and impactful, contributing to communities in meaningful ways. Decisions are made with employee safety in mind. Coworkers here take pride in their work. The workplace culture prioritizes safety, respect, and ethical business practices consis...
I feel valued and motivated daily. Tools are provided, and training is always available if you ask for it. This thoughtful approach significantly enhances morale and contributes to a more sustainable and positive work experience for everyone on the team.

Ric Electric LLC Overview

Website
www.ricelectric.com
Founded In
2011
Employees
<25 employees
Industry
Construction
Headquarter Address
2127 Beeler St New Albany Indiana IN 47150
Revenue
<$5 Million
Phone Number
+1 5025236825
Social Media
About Ric Electric LLC
RIC Electric provides electrical contractor services to industrial, manufacturing and commercial facilities and plants throughout southeastern wisconsin and northern illinois.

What Benefits Does Ric Electric LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ric Electric LLC 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Ric Electric LLC.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Ric Electric LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Ric Electric LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ric Electric LLC

1. What is the estimated average total compensation at Ric Electric LLC?

Salary.com estimates that the average total compensation package at Ric Electric LLC, which can include base salary, potential bonuses, and benefits, is around $81,726 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Ric Electric LLC pay compared to Turning Leaf Construction?

The average annual salary at Ric Electric LLC is $81,726, or an hourly wage of $39, in comparison to Turning Leaf Construction which pays $82,907 per year or $40 per hour.

3. Do salaries differ significantly between departments at Ric Electric LLC?

Yes, salaries often differ between departments at Ric Electric LLC 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Ric Electric LLC?

Salary progression from an entry-level to a senior role at Ric Electric LLC can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

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

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

6. Are promotions at Ric Electric LLC usually accompanied by a significant salary increase?

Yes, promotions at Ric Electric LLC are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.