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Riverway Electric Salary

Riverway Electric Salary

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As of September 2026, the average annual salary for employees at Riverway Electric in the United States is $84,363. This translates to an approximate hourly wage of $41. Salaries at Riverway Electric typically range from $74,325 to $95,210 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Riverway Electric Pay for Different Roles?

Explore detailed salary information for specific jobs at Riverway Electric. Based on our data, the highest paying job is the Electrical Specialist, with an annual salary of $57,409. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Riverway Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Riverway Electric'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
Calusa Construction Inc $80,407
-4.7%
Normalized for lower cost-of-living zones where Calusa Construction Inc primarily operates.
Virtual Builders $107,779
+27.8%
Reflects a supply-demand imbalance for the specific talent Virtual Builders targets.
Commercial Glazing Inc $86,399
+2.4%
Indicates identical technical requirements and experience levels between the two firms.
Forderer Cornice Works Inc $102,643
+21.7%
Data suggests Forderer Cornice Works Inc's workforce skews heavily towards veteran, high-tenure roles.
Construction Industry $119,814
+42.0%
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.

How Riverway Electric's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Riverway Electric. Click a company name to learn more.

Employee Reviews: Working at Riverway Electric

Considering a career at Riverway Electric? 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 company’s safety protocols are rigorous, and the culture promotes open communication, ensuring that every team member feels heard and valued. They invest in our well-being, offer fair compensation, and strive to create a positive work environment. The financial stability and strong reputation of this construction company provide an invaluable sense of job security. Managers are supportive but ...
Commented in April 28, 2025
21
2
Safety culture is strong, but some policies feel overly rigid. The genuine camaraderie among the construction crews here is exceptional; we truly operate as a team, supporting each other through every challenge and celebrating successes together. Working here has allowed me to grow professionally through continuous education and hands-on experience. Training programs are comprehensive, enabling co...
Commented in March 02, 2025
13
0
The company is known for its reliability and consistency in delivering quality construction work, which provides a strong sense of job security. Working here feels rewarding because every project impacts communities positively and encourages teamwork and innovation. Safety protocols are top-notch and consistently followed.
Commented in October 09, 2024
38
2

Riverway Electric Overview

Website
www.riverwayelectric.com
Founded In
2016
Employees
<25 employees
Industry
Construction
Headquarter Address
PO Box 140445 Grand Rapids Michigan MI 49514
Revenue
<$5 Million
Phone Number
+1 6165225683
Social Media
About Riverway Electric
River Way Electric was created By Fred Wohlfert. After previous business ventures, Fred's goal was to become a sole proprietor of a business based in quality labor, professional service, and great customer satisfaction.

What Benefits Does Riverway Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Riverway Electric 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 Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Riverway Electric.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Riverway Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Riverway Electric salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Riverway Electric

1. What is the average salary for employees at Riverway Electric?

The average annual total compensation for employees at Riverway Electric is approximately $84,363. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,325 to $95,210, depending on factors like job role, experience, and location.

2. How much does Riverway Electric pay compared to Calusa Construction Inc?

The average annual salary at Riverway Electric is $84,363, or an hourly wage of $41, in comparison to Calusa Construction Inc which pays $80,407 per year or $39 per hour.

3. How does having a professional certification impact salary for relevant roles at Riverway Electric?

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 Riverway Electric for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Riverway Electric offer cost-of-living adjustments (COLA) for employees in high-cost areas like Grand Rapids?

While some companies offer formal COLA, many, including potentially Riverway Electric, 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.

5. What's the typical process for salary reviews and raises at Riverway Electric?

Most companies, likely including Riverway Electric, 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.

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