Shank Power Products Salary

As of August 2026, the average annual salary for employees at Shank Power Products in the United States is $93,213. This translates to an approximate hourly wage of $45. Salaries at Shank Power Products typically range from $82,105 to $105,185 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Shank Power Products Pay for Different Roles?

Explore detailed salary information for specific jobs at Shank Power Products. Based on our data, the highest paying job is the Customer Service Administrator, with an annual salary of $74,471. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Shank Power Products

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

Is Shank Power Products’s Pay Competitive? Salary Benchmarking Analysis

How does Shank Power Products'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
Boldtsmith Packaging $85,597
-8.2%
Normalized for lower cost-of-living zones where Boldtsmith Packaging primarily operates.
Golden Oak Systems Inc $109,045
+17.0%
Influenced by prevailing union wage agreements specific to Golden Oak Systems Inc's sector.
Riverside Asphalt Services Inc $97,980
+5.1%
Reflects structural premiums typical of Riverside Asphalt Services Inc's large-cap national operations.
Precision Bilt $94,267
+1.1%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+30.6%
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 Shank Power Products

Considering a career at Shank Power Products? 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.
You feel appreciated for your efforts. Employees enjoy working in a company that values safety, quality, and innovation. Safety practices exist but are sometimes unevenly applied. Leadership communicates transparently about company performance and market challenges. The organization focuses on employee well-being and process improvement.
It's a place where you feel like more than just a number. From intricate component assembly to large-scale final product fabrication, there's always a new challenge to tackle. Leadership is approachable and supportive, making the workplace feel organized, focused, and motivated for long-term success. Results are consistent and reliable every day. Whether it’s a simple thank you or a more formal ac...
Leadership is transparent, and weekly meetings keep everyone informed about progress and changes. Expectations are clear, and results are measured precisely. This company knows how to create a structured yet rewarding work environment. There's minimal innovation or excitement. Company values employees and provides stable, long-term work.

Shank Power Products Overview

Website
www.shankpower.com
Founded In
1972
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1540 Humboldt Ave Saint Paul Minnesota MN 55118
Revenue
<$5 Million
Phone Number
+1 6514551241
Social Media
About Shank Power Products
Shank Power Products is staffed with talented sales engineers having backgrounds in the power transmission, agricultural, industrial, and construction machinery industries. Our work experience ranges from design engineering and technical sales to engineering management positions. Shank Power Products adds value by assisting our customers in solving design and application challenges. The companies

What Benefits Does Shank Power Products Offer Beyond Salary?

A competitive compensation package is more than just a salary. Shank Power Products 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 Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Shank Power Products.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Shank Power Products, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Shank Power Products salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Shank Power Products

1. What is the estimated average total compensation at Shank Power Products?

Salary.com estimates that the average total compensation package at Shank Power Products, which can include base salary, potential bonuses, and benefits, is around $93,213 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Shank Power Products pay compared to Boldtsmith Packaging?

The average annual salary at Shank Power Products is $93,213, or an hourly wage of $45, in comparison to Boldtsmith Packaging which pays $85,597 per year or $41 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Shank Power Products?

Salary progression from an entry-level to a senior role at Shank Power Products 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.

4. How can I determine if a salary offer from Shank Power Products in Saint Paul is fair given the local cost of living?

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

5. Are promotions at Shank Power Products usually accompanied by a significant salary increase?

Yes, promotions at Shank Power Products 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.