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Solectria Salary

Solectria Salary

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As of October 2026, the average annual salary for employees at Solectria in the United States is $100,923. This translates to an approximate hourly wage of $49. Salaries at Solectria typically range from $88,850 to $113,989 annually, reflecting the diverse roles and experience levels within the company.
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Is Solectria’s Pay Competitive? Salary Benchmarking Analysis

How does Solectria'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
GenServe Inc $107,695
+6.7%
Supported by GenServe Inc's high-margin contracts allowing higher overhead.
ITW GSE ApS $89,152
-11.7%
ITW GSE ApS operates with a leaner overhead structure, impacting base wage offers.
Boston Metal $107,020
+6.0%
Reflects a supply-demand imbalance for the specific talent Boston Metal targets.
Ascend Elements $99,162
-1.7%
Confirms Ascend Elements is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+20.6%
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.

How Solectria's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Solectria

Considering a career at Solectria? 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.
Training opportunities exist but can be inconsistent and generic. I appreciate the company’s dedication to maintaining a structured and safe work environment. Weekly goals keep us motivated. Safety protocols are strictly enforced, creating a secure work environment. Commitment to deadlines consistently meets customer expectations.
Commented in April 01, 2025
32
3
From onboarding to regular workdays, the process is smooth and well-organized. I value the positive and motivating atmosphere that this company has fostered. Working here has improved my confidence. I’ve enjoyed the challenges and support provided here. Strong leadership drives our team’s success daily. Safety isn't just a priority here, it's a core value that guides every decision. Training is ba...
Commented in October 14, 2024
9
1
If you’re someone who prefers routine over challenge, it’s a reasonable place to work. Everyone works together to meet goals without unnecessary pressure. There’s a strong emphasis on continuous learning and skill development.
Commented in March 31, 2024
49
3

Solectria Overview

Website
www.solectria.com
Founded In
1989
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
360 Merrimack St Lawrence Massachusetts MA 01843
Revenue
$10 Million - $50 Million
Phone Number
+1 9786839700
Social Media
About Solectria
Solectria Renewables, LLC is a leading U.S.-based grid-tied photovoltaic inverter manufacturer. We offer residential, commercial and utility-scale inverters. Our versatile line of high efficiency products provide power solutions ranging from 1 kW residential systems to multi-megawatt solar farms. Solectria Renewables' products are backed by more than 25 years of experience in the power electronic

What Benefits Does Solectria Offer Beyond Salary?

A competitive compensation package is more than just a salary. Solectria 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 Lawrence?

Understanding the cost of living near Lawrence is key to truly evaluating a salary offer or your current compensation at Solectria.
Lawrence's Cost of Living Index is approximately 108.5 (8.5% more expensive than US average; 18.2% less than MA average). Merrimack Valley city, historic mills, more affordable housing than Boston area. MVRTA bus, Commuter Rail. When planning your budget based on a salary from Solectria, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Solectria salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (MVRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,800 - $4,310+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Solectria

1. How much does Solectria in the United States pay?

Solectria pays its employees an average of $100,923 per year. The average salary at Solectria range from $88,850 to $113,989 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 Solectria employees get a higher salary than its peer company?

The salary at Solectria is lesser than its peer company. The average annual salary at Solectria is $100,923, or an hourly wage of $49, in comparison to GenServe Inc which pays $107,695 per year or $52 per hour.

3. What are the highest paying jobs at Solectria?

The higher-paying job at Solectria, according to our data, include Chief Financial Officer (avg. $407,301 per year), Director, Applications Engineering (avg. $168,743 per year), and Director, Product Management (avg. $167,353 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

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

Salary progression with years of experience at Solectria 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 Solectria vary by office location?

Yes, it's very likely that salaries at Solectria 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 Lawrence section provides more context.

6. Does Solectria offer good benefits?

Solectria 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 Solectria" section on this page.

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