Vaughan Electric Co., Inc. Salary

Vaughan Electric Co., Inc. pays its employees an average of $62,028 per year. The average salary at Vaughan Electric Co., Inc. range from $54,495 to $70,616 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.

The salary at Vaughan Electric Co., Inc. is lesser than the similar company. The average annual salary at Vaughan Electric Co., Inc. is $62,028, or an hourly wage of $30, in comparison to VALO ELECTRIC COMPANY which pays $65,991 per year or $32 per hour.

In many roles at Vaughan Electric Co., 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.

Durham's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 5.7% more than NC average). This significantly impacts the purchasing power of a salary from Vaughan Electric Co., Inc. based there. Our "Cost of Living Insights for Durham" module details this impact, helping you assess the 'real feel' value of your compensation.

Vaughan Electric Co., 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 Vaughan Electric Co., Inc." section on this page.