| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| DG Electronics | $95,544 |
+5.5%
|
Driven by niche technical certifications required for DG Electronics's specialized projects. |
| NuWay Electronics | $99,088 |
+9.4%
|
Data suggests NuWay Electronics's workforce skews heavily towards veteran, high-tenure roles. |
| Tak Electronics | $97,896 |
+8.1%
|
Influenced by prevailing union wage agreements specific to Tak Electronics's sector. |
| Oriental Electronics Inc | $96,968 |
+7.0%
|
Adjusted for higher cost-of-living indices in Oriental Electronics Inc's primary metro hubs. |
| Retail & Wholesale Industry | $123,318 |
+36.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$95,544 / year
Salary Range: $84,002 - $108,075
Arlington Heights, IL
$99,088 / year
Salary Range: $87,118 - $112,086
Elk Grove Village, IL
$97,896 / year
Salary Range: $86,073 - $110,745
Aurora, IL
$96,968 / year
Salary Range: $85,257 - $109,696
Northbrook, IL
$97,611 / year
Salary Range: $85,826 - $110,428
Chicago, IL
$99,352 / year
Salary Range: $87,356 - $112,391
Chicago, IL
$98,466 / year
Salary Range: $86,577 - $111,391
Chicago, IL
$98,023 / year
Salary Range: $86,192 - $110,891
Chicago, IL
$96,820 / year
Salary Range: $85,129 - $109,526
Lockport, IL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Thompson Electronics salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $105 (CTA 30-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,225 - $5,025+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Thompson Electronics is approximately from $79,659 to $102,490. 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.
The average annual salary at Thompson Electronics is $90,597, or an hourly wage of $44, in comparison to DG Electronics which pays $95,544 per year or $46 per hour.
Experience level is a significant factor in determining salary at Thompson Electronics, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
To determine if a salary offer from Thompson Electronics in Chicago is fair, first compare the gross salary to our data for similar roles at Thompson Electronics and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
Several key factors influence salary levels at Thompson Electronics. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Thompson Electronics likely benchmarks its salaries against other companies in the Retail & Wholesale sector. You can explore how these factors play out in our detailed salary data.
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