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Welch Systems Inc Salary

Welch Systems Inc Salary

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As of September 2026, the average annual salary for employees at Welch Systems Inc in the United States is $91,367. This translates to an approximate hourly wage of $44. Salaries at Welch Systems Inc typically range from $80,328 to $103,380 annually, reflecting the diverse roles and experience levels within the company.
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Is Welch Systems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Welch Systems 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
West Direct Oil Co $98,476
+7.8%
Influenced by prevailing union wage agreements specific to West Direct Oil Co's sector.
Installation Specialists Inc $100,111
+9.6%
Reflects a supply-demand imbalance for the specific talent Installation Specialists Inc targets.
Home Business System $89,711
-1.8%
Suggests Home Business System utilizes a highly similar base-plus-benefits compensation model.
Solutions Management Group $89,932
-1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Retail & Wholesale Industry $123,318
+35.0%
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 Welch Systems Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Welch Systems Inc

Considering a career at Welch Systems 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 company maintains a professional atmosphere. The team is talented, and management fosters a positive culture. The company has consistent work hours. The company fosters a collaborative environment where teamwork is encouraged. I enjoy the collaborative environment and supportive management.
Commented in May 07, 2025
34
1
The company culture is welcoming, and there’s a strong emphasis on work-life balance. The company offers great work-life balance and solid benefits. The benefits package is solid, and the work culture is positive. The pay is competitive, and the benefits package is a big advantage. The company also offers good health benefits. Workloads are manageable, and colleagues are easy to work with. Love th...
Commented in September 05, 2024
38
3
The retail side is dynamic, and managers are supportive. The Retail & Wholesale industry can be unpredictable, but this company maintains a fair balance. It has a standard retail hours.
Commented in January 23, 2024
38
3

Welch Systems Inc Overview

Website
www.welchsystems.com
Founded In
1973
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
7206 N Terra Vista Dr Peoria Illinois IL 61614
Revenue
$10 Million - $50 Million
Phone Number
+1 3096924336
Social Media
About Welch Systems Inc
Founded in 1973, Welch Systems is a privately-owned corporation based in Peoria, Illinois. Using both innovative technology and personalized attention, they provide custom designed cash handling solutions to community financial institutions. Their sales and technical resources are local to the areas that are served throughout Illinois and Eastern Missouri.

What Benefits Does Welch Systems Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Welch Systems 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 Peoria?

Understanding the cost of living near Peoria is key to truly evaluating a salary offer or your current compensation at Welch Systems Inc.
Peoria's Cost of Living Index is approximately 78.2 (21.8% less expensive than US average; 16.6% less than IL average). Central IL city, very affordable housing. CityLink. When planning your budget based on a salary from Welch Systems Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Welch Systems Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (CityLink monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,960 - $3,170+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Welch Systems Inc

1. How much does a Welch Systems Inc employee make?

Welch Systems Inc pays its employees an average of $91,367 per year. The average salary at Welch Systems Inc range from $80,328 to $103,380 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 Welch Systems Inc?

The salary at Welch Systems Inc is lesser than the similar company. The average annual salary at Welch Systems Inc is $91,367, or an hourly wage of $44, in comparison to West Direct Oil Co which pays $98,476 per year or $47 per hour.

3. How much does a President typically earn at Welch Systems Inc?

A President at Welch Systems Inc typically earns an average annual base salary of around $707,259, with a general range of $541,006 to $891,928.

4. Do employees with advanced degrees (Master's, PhD) earn more at Welch Systems Inc?

In many roles at Welch Systems 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.

5. How does the cost of living near Peoria affect the perceived value of a Welch Systems Inc salary?

Peoria's Cost of Living Index is approximately 78.2 (21.8% less expensive than US average; 16.6% less than IL average). This significantly impacts the purchasing power of a salary from Welch Systems Inc based there. Our "Cost of Living Insights for Peoria" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Welch Systems Inc typically offer employees?

Welch Systems 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 Welch Systems Inc" section on this page.

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