BENCO Steel Inc Salary

BENCO Steel Inc Salary

How much does the BENCO Steel Inc Pay for employees?

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As of August 2026, the average annual salary for employees at BENCO Steel Inc in the United States is $92,168. This translates to an approximate hourly wage of $44. Salaries at BENCO Steel Inc typically range from $81,033 to $104,270 annually, reflecting the diverse roles and experience levels within the company. BENCO Steel Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does BENCO Steel Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at BENCO Steel Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at BENCO Steel Inc

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

Is BENCO Steel Inc’s Pay Competitive? Salary Benchmarking Analysis

How does BENCO Steel Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
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Average Salary ($/year)
BENCO Steel Inc
Retail & Wholesale
Pevonia International LLC
Antelope Valley Ford Lincoln
Industry Comparison
Our data shows that, on average, compensation at BENCO Steel Inc is below the average for the U.S. Retail & Wholesale industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared BENCO Steel Inc average annual salary with several similar companies. BENCO Steel Inc average salary of $92,168 is higher than Pevonia International LLC, which has an average salary of $91,493. It is lower than Antelope Valley Ford Lincoln, with their average salary at $103,919. This places BENCO Steel Inc in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How BENCO Steel Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at BENCO Steel Inc

Considering a career at BENCO Steel 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.
While there aren’t many standout perks, the job stability is good. Company cares about staff. The work environment is positive, and leadership is transparent. Compensation is competitive, and bonuses are achievable.
Commented in May 31, 2025
48
0
This company is one of the best in the Retail & Wholesale sector when it comes to employee satisfaction. Management is approachable, and there are plenty of growth opportunities. It’s a reliable employer for those seeking long-term roles.
Commented in April 14, 2025
19
3
It’s a great environment for both entry-level and experienced professionals. The pay is competitive, and there are quarterly incentives. It’s a stable environment. I’ve been with this company for over two years, and it’s been a positive journey. Well-structured training programs. Coworkers are collaborative, making it a pleasant workplace. The benefits package is competitive, including health insu...
Commented in March 16, 2025
50
1
The wholesale division is growing, which opens up more career paths. The company also emphasizes innovation, often implementing new strategies to stay ahead in the market. I’ve had opportunities to take on new responsibilities, which has helped me grow professionally. The benefits package is competitive, with health insurance, retirement plans, and employee discounts.
Commented in September 21, 2024
42
3
The leadership is transparent, and communication flows well across departments. Career growth is encouraged, making it a standout employer. While not extraordinary, it’s a steady job in the retail sector. Coworkers are friendly, and managers are fair.
Commented in March 16, 2024
28
2

BENCO Steel Inc Overview

Website
www.bencosteel.com
Founded In
1960
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
2710 Us Hwy 70 SE Hickory North Carolina NC 28602
Revenue
$5 Million - $10 Million
Phone Number
+1 8283281714
Social Media
About BENCO Steel Inc
Established in 1960, BENCO STEEL, Inc. is an independent, woman owned, regional steel service center serving industries in the North Carolina and South Carolina area. We offer many metal processing and fabrication options to our customers, including sawing, burning, shearing, breaking, punching, welding, and painting. BENCO serves any business from one-man welding shops, to construction contractor

What Benefits Does BENCO Steel Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. BENCO Steel 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 Hickory?

Understanding the cost of living near Hickory is key to truly evaluating a salary offer or your current compensation at BENCO Steel Inc.
Hickory's Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 13.0% less than NC average). Furniture, Catawba Valley, affordable. Greenway Public Trans. When planning your budget based on a salary from BENCO Steel Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of BENCO Steel Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,020 - $3,170+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BENCO Steel Inc

1. How much does a BENCO Steel Inc employee make?

BENCO Steel Inc pays its employees an average of $92,168 per year. The average salary at BENCO Steel Inc range from $81,033 to $104,270 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 BENCO Steel Inc?

The salary at BENCO Steel Inc is higher than the similar company. The average annual salary at BENCO Steel Inc is $92,168, or an hourly wage of $44, in comparison to Pevonia International LLC which pays $91,493 per year or $44 per hour.

3. How much does an Executive Vice President typically earn at BENCO Steel Inc?

An Executive Vice President at BENCO Steel Inc typically earns an average annual base salary of around $271,486, with a general range of $224,616 to $325,909.

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

In many roles at BENCO Steel 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 Hickory affect the perceived value of a BENCO Steel Inc salary?

Hickory's Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 13.0% less than NC average). This significantly impacts the purchasing power of a salary from BENCO Steel Inc based there. Our "Cost of Living Insights for Hickory" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does BENCO Steel Inc typically offer employees?

BENCO Steel 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 BENCO Steel Inc" section on this page.

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