Wells Technology Inc Salary

As of September 2026, the average annual salary for employees at Wells Technology Inc in the United States is $83,930. This translates to an approximate hourly wage of $40. Salaries at Wells Technology Inc typically range from $73,794 to $94,942 annually, reflecting the diverse roles and experience levels within the company.
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Is Wells Technology Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Wells Technology 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
North Central Companies $100,153
+19.3%
Supported by North Central Companies's high-margin contracts allowing higher overhead.
Cedar Country Cooperative $89,025
+6.1%
Reflects structural premiums typical of Cedar Country Cooperative's large-cap national operations.
Exim Global Inc $103,961
+23.9%
Data suggests Exim Global Inc's workforce skews heavily towards veteran, high-tenure roles.
Allreds Inc $87,823
+4.6%
Driven by niche technical certifications required for Allreds Inc's specialized projects.
Retail & Wholesale Industry $123,318
+46.9%
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 Wells Technology Inc

Considering a career at Wells Technology 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.
Employee morale is high. The retail space is clean, and schedules are fair. The company rewards effort, and there’s always something new to learn. The work-life balance is good, and the team feels like family.
The company also organizes wellness programs, which show they care about employee well-being. The company operates efficiently, and the workload is predictable. The company maintains a professional work setting. The office spaces (and stores) are well-maintained, creating a pleasant atmosphere. There’s a good mix of challenges and support, which keeps the job interesting. Managers are supportive, ...
Career growth is possible but requires proactive effort. I’ve had a positive experience and would recommend it to others in the industry. Coworkers are knowledgeable and create a positive work atmosphere. I’ve built strong relationships with my colleagues. I’ve enjoyed my time here—the company values employee input, and there’s a strong sense of teamwork.

Wells Technology Inc Overview

Website
www.wellstechnology.com
Founded In
1976
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
4885 Windsor Ct NW Bemidji Minnesota MN 56601
Revenue
$5 Million - $10 Million
Phone Number
+1 2187515117
Social Media
About Wells Technology Inc
Wells Technology is a regional warehouse for Fasco, Marathon, Lau and A.O. Smith, stocking their complete line of motors, blowers, fan blades, and blower wheels. We also carry thousands of accessories such as contactors, pulleys, belts, bearings and shafts, and maintain a huge cross-reference database to help you locate the product you need. We also manufacture our own line of duct fans and make v

What Benefits Does Wells Technology Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Wells Technology 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Wells Technology Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Wells Technology Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Wells Technology Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Wells Technology Inc

1. What is the typical salary range (low to high) for most roles at Wells Technology Inc?

The typical annual salary range for most roles at Wells Technology Inc is approximately from $73,794 to $94,942. 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 Wells Technology Inc pay compared to North Central Companies?

The average annual salary at Wells Technology Inc is $83,930, or an hourly wage of $40, in comparison to North Central Companies which pays $100,153 per year or $48 per hour.

3. Do salaries differ significantly between departments at Wells Technology Inc?

Yes, salaries often differ between departments at Wells Technology Inc 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 Wells Technology Inc?

Experience level is a significant factor in determining salary at Wells Technology Inc, 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 Wells Technology Inc in Minneapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Wells Technology Inc?

Salary increases at Wells Technology Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.