Versa-Drill Salary

As of April 2026, the average annual salary for employees at Versa-Drill in the United States is $91,451. This translates to an approximate hourly wage of $44. Salaries at Versa-Drill typically range from $80,520 to $103,246 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Versa-Drill Pay for Different Roles?

Explore detailed salary information for specific jobs at Versa-Drill. Based on our data, the highest paying job is the Chief Financial Officer, with an annual salary of $369,074. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Versa-Drill

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

Is Versa-Drill’s Pay Competitive? Salary Benchmarking Analysis

How does Versa-Drill'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
Mixtec Ltd $87,506
-4.3%
Normalized for lower cost-of-living zones where Mixtec Ltd primarily operates.
Dantal Hydraulics Pvt Ltd $88,941
-2.7%
Confirms Dantal Hydraulics Pvt Ltd is a direct competitor vying for the exact same talent pool.
Screen USA Inc $90,354
-1.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Greylock Mountain Power Company Inc $80,386
-12.1%
Greylock Mountain Power Company Inc operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $121,746
+33.1%
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 Versa-Drill

Considering a career at Versa-Drill? 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.
Clean facility, modern equipment, and safe practices. Competitive pay and benefits motivate employees, and there are clear pathways for career advancement. There’s a lot of pride in keeping the workspace organized. They genuinely value employee feedback.
I feel respected and valued. It’s a solid option for those seeking stability without too much pressure or involvement. Leadership communicates company goals clearly and celebrates team achievements. There’s minimal innovation, but the company functions reliably. Benefits are comprehensive, covering health, retirement, and wellness initiatives. Environmentally friendly practices reduce waste effect...
A strong sense of teamwork and accountability keeps this place moving efficiently. Pride in building quality products. Tasks are repeated often and executed with efficiency. The availability of flexible work schedules, adaptable project-based approaches, and supportive remote work options is a significant and highly valued benefit, particularly for creative professionals seeking inspiration and fo...

Versa-Drill Overview

Website
www.versa-drill.com
Founded In
1962
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1414 Bates St Indianapolis Indiana IN 46201
Revenue
$10 Million - $50 Million
Phone Number
+1 3172312250
Social Media
About Versa-Drill
Laibe Corporation, doing business as Versa-Drill manufactures water well, oil, gas, and geothermal drilling rigs. The company was founded in 1962 and is based in Indianapolis, Indiana.

What Benefits Does Versa-Drill Offer Beyond Salary?

A competitive compensation package is more than just a salary. Versa-Drill 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Versa-Drill.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Versa-Drill, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Versa-Drill salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Versa-Drill

1. What is the typical salary range (low to high) for most roles at Versa-Drill?

The typical annual salary range for most roles at Versa-Drill is approximately from $80,520 to $103,246. 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. How much does Versa-Drill pay compared to Mixtec Ltd?

The average annual salary at Versa-Drill is $91,451, or an hourly wage of $44, in comparison to Mixtec Ltd which pays $87,506 per year or $42 per hour.

3. Do salaries differ significantly between departments at Versa-Drill?

Yes, salaries often differ between departments at Versa-Drill due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Versa-Drill?

Experience level is a significant factor in determining salary at Versa-Drill, 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.

5. How can I determine if a salary offer from Versa-Drill in Indianapolis is fair given the local cost of living?

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

6. Are the salaries listed for Versa-Drill on Salary.com pre-tax or after-tax?

All salary figures displayed for Versa-Drill, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.