Tim W Olson Construction Inc Salary

As of May 2026, the average annual salary for employees at Tim W Olson Construction Inc in the United States is $78,762. This translates to an approximate hourly wage of $38. Salaries at Tim W Olson Construction Inc typically range from $69,368 to $88,930 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Tim W Olson Construction Inc

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Is Tim W Olson Construction Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Tim W Olson Construction Inc'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
FCI Tech Corp $106,155
+34.8%
Data suggests FCI Tech Corp's workforce skews heavily towards veteran, high-tenure roles.
NV Homes $102,178
+29.7%
Reflects structural premiums typical of NV Homes's large-cap national operations.
Champion Contractors & Services $90,417
+14.8%
Supported by Champion Contractors & Services's high-margin contracts allowing higher overhead.
A-1 Flood Tech $102,326
+29.9%
Influenced by prevailing union wage agreements specific to A-1 Flood Tech's sector.
Construction Industry $119,814
+52.1%
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 Tim W Olson Construction Inc

Considering a career at Tim W Olson Construction Inc? 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 projects are diverse, ranging from infrastructure to commercial builds, keeping the work interesting. They effectively manage a colossal operation with employees while maintaining clear strategic goals and a strong company culture. The company cares about quality work and employee well-being, which makes a big difference. The use of advanced project management software helps us track progress,...
Communication between teams is seamless, and there’s a strong culture of collaboration and respect. This investment ensures we can perform our jobs effectively and to a high standard, which directly contributes to the quality of our finished projects and our own well-being. There's a true sense of camaraderie across all levels, from site workers to management. Innovative construction techniques em...
I feel secure in my role and valued by the team. Supervisors provide clear guidance, and coworkers pull their weight. The leadership here is practical and approachable. Opportunities for career growth are real.
Management makes a conscious effort to be flexible with scheduling when possible and respects our personal time. Leadership’s encouragement of innovation inspires me to bring my best ideas to every project. The collaborative environment supports knowledge sharing and innovation. Collaboration exists but is often confined within departments.
There's immense pride in driving past a completed project and knowing you were part of its creation. Coworkers are generally dependable, and projects stay on schedule. I look forward to many more years here. A good starter job in construction, though not the best for long-term career planning. Benefits are average.

Tim W Olson Construction Inc Overview

Website
www.timolsonconstruction.com
Founded In
1971
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
12525 Sd Hwy 20 Buffalo South Dakota SD 57720
Revenue
$10 Million - $50 Million
Phone Number
+1 6053753751
Social Media
About Tim W Olson Construction Inc
At Tim Olson Construction, we stand proudly behind our reputation for safety on the job site, having not sustained a lost time accident since 2012. Our company designed and implemented Occupational Health and Safety procedures to encourage a compliant culture that promotes an injury free environment and provides the safest workplace possible for our employees, subcontractors, and clients. In short

What Benefits Does Tim W Olson Construction Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tim W Olson Construction Inc 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 Rapid City?

Understanding the cost of living near Rapid City is key to truly evaluating a salary offer or your current compensation at Tim W Olson Construction Inc.
Rapid City's Cost of Living Index is approximately 94.7 (5.3% less expensive than US average; 1.6% more than SD average). Western SD city (Black Hills, Ellsworth AFB), housing near US avg. RapidRide. When planning your budget based on a salary from Tim W Olson Construction Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Tim W Olson Construction Inc salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 (RapidRide monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,225 - $3,675+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tim W Olson Construction Inc

1. How much does a Tim W Olson Construction Inc employee make?

Tim W Olson Construction Inc pays its employees an average of $78,762 per year. The average salary at Tim W Olson Construction Inc range from $69,368 to $88,930 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. Which similar company tend to pay more or less than Tim W Olson Construction Inc?

The salary at Tim W Olson Construction Inc is lesser than the similar company. The average annual salary at Tim W Olson Construction Inc is $78,762, or an hourly wage of $38, in comparison to FCI Tech Corp which pays $106,155 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Tim W Olson Construction Inc?

In many roles at Tim W Olson Construction Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Rapid City affect the perceived value of a Tim W Olson Construction Inc salary?

Rapid City's Cost of Living Index is approximately 94.7 (5.3% less expensive than US average; 1.6% more than SD average). This significantly impacts the purchasing power of a salary from Tim W Olson Construction Inc based there. Our "Cost of Living Insights for Rapid City" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Tim W Olson Construction Inc typically offer employees?

Tim W Olson Construction Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Tim W Olson Construction Inc" section on this page.