Ripco Ltd Salary

As of April 2026, the average annual salary for employees at Ripco Ltd in the United States is $86,051. This translates to an approximate hourly wage of $41. Salaries at Ripco Ltd typically range from $75,654 to $97,368 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Ripco Ltd

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Is Ripco Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Ripco Ltd'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
Lambs Chevrolet & Implement Inc $76,062
-11.6%
Typical compensation structure for smaller regional agencies like Lambs Chevrolet & Implement Inc.
Tom Naquin Nissan $88,740
+3.1%
Influenced by prevailing union wage agreements specific to Tom Naquin Nissan's sector.
Seafood Group International Inc $90,143
+4.8%
Driven by niche technical certifications required for Seafood Group International Inc's specialized projects.
FirstSource Laboratory Solutions $92,654
+7.7%
Reflects structural premiums typical of FirstSource Laboratory Solutions's large-cap national operations.
Retail & Wholesale Industry $123,318
+43.3%
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 Ripco Ltd

Considering a career at Ripco Ltd? 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 package is competitive, including health insurance and performance bonuses. Great team culture. The retail discounts and quarterly bonuses are great incentives. I’ve grown a lot since joining this company. The retail space is clean, and schedules are fair.
It’s a dependable workplace with fair policies. It’s a reliable place to work with standard industry benefits. Processes are structured, and expectations are clear. The Retail segment is busy but well-managed. Flexible schedules and fair pay. The leadership team is engaged and approachable.
Highly recommend for anyone in Retail & Wholesale. The retail sector can be demanding, but teamwork makes it manageable. There are opportunities for skill-building and advancement. A dependable job with a good team.

Ripco Ltd Overview

Website
www.ripcosystems.com
Founded In
1962
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
7702 E State Road 356 Otwell Indiana IN 47564
Revenue
$10 Million - $50 Million
Phone Number
+1 8123543561
Social Media
About Ripco Ltd
Ripco Ltd is a third generation family owned business that was started in 1962 by Gerald "Rip" Sorgius. Ripco Systems is the retail construction division that specializes in the custom design, construction and service of complete grain systems. Our team of dedicated sales engineers, millwrights, electricians and factory trained service technicians can service the needs of the small family farm, la

What Benefits Does Ripco Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ripco Ltd 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 Bloomington?

Understanding the cost of living near Bloomington is key to truly evaluating a salary offer or your current compensation at Ripco Ltd.
Bloomington's Cost of Living Index is approximately 92.7 (7.3% less expensive than US average; 2.3% more than IN average). Home to Indiana University, housing costs higher due to university. Bloomington Transit. When planning your budget based on a salary from Ripco Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Ripco Ltd salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (BTransit monthly, free for IU) 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 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,160 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ripco Ltd

1. How much does Ripco Ltd in the United States pay?

Ripco Ltd pays its employees an average of $86,051 per year. The average salary at Ripco Ltd range from $75,654 to $97,368 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. Do Ripco Ltd employees get a higher salary than its peer company?

The salary at Ripco Ltd is higher than its peer company. The average annual salary at Ripco Ltd is $86,051, or an hourly wage of $41, in comparison to Lambs Chevrolet & Implement Inc which pays $76,062 per year or $37 per hour.

3. What are the highest paying jobs at Ripco Ltd?

The higher-paying job at Ripco Ltd, according to our data, include Chief Financial Officer (avg. $347,279 per year), Chief Marketing Officer (avg. $280,569 per year), and IT Officer (avg. $260,716 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Ripco Ltd?

Salary progression with years of experience at Ripco Ltd is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Ripco Ltd vary by office location?

Yes, it's very likely that salaries at Ripco Ltd vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Bloomington section provides more context.

6. Does Ripco Ltd offer good benefits?

Ripco Ltd typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Ripco Ltd" section on this page.