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Danken Electric Co Inc Salary

Danken Electric Co Inc Salary

How much does the Danken Electric Co Inc Pay for employees?

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As of October 2026, the average annual salary for employees at Danken Electric Co Inc in the United States is $94,626. This translates to an approximate hourly wage of $45. Salaries at Danken Electric Co Inc typically range from $83,324 to $106,892 annually, reflecting the diverse roles and experience levels within the company. Danken Electric Co 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.
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Current Job Openings at Danken Electric Co Inc

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Is Danken Electric Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Danken Electric Co 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
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Average Salary ($/year)
Danken Electric Co Inc
Construction
EV Power Solutions
Hays Electrical Services Inc
Industry Comparison
Our data shows that, on average, compensation at Danken Electric Co Inc is below the average for the U.S. Construction industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Danken Electric Co Inc average annual salary with several similar companies. Danken Electric Co Inc average salary of $94,626 is lower than EV Power Solutions, which has an average salary of $96,767. It is lower than Hays Electrical Services Inc, with their average salary at $96,103. This places Danken Electric Co Inc in a developing position among its peers.
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How Danken Electric Co Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Danken Electric Co Inc

Considering a career at Danken Electric Co 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.
It’s a structured place where you know your tasks, but there is personal recognition. I feel supported and challenged in equal measure, and the commitment to delivering quality results motivates everyone on the team. Opportunities for advancement and learning on large-scale construction projects. Still, it’s a safe and fair environment.
Commented in February 18, 2025
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Access to modern tools and equipment improves efficiency. For an organization their protocols are meticulously implemented, and employee well-being is clearly a top priority. Collaboration between departments can be limited. You're expected to adapt quickly, even when resources are limited. The environment suits those preferring structure over rapid change. Competitive benefits package offered. Co...
Commented in January 30, 2025
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Schedules are often long and demanding, especially during peak construction seasons. It’s a culture where everyone is encouraged to grow, making it an ideal place for career development in this industry. Benefits are fine, though not standout. I’ve worked on major city projects and gained great experience.
Commented in February 13, 2024
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Danken Electric Co Inc Overview

Website
Data pending, update soon.
Founded In
1988
Employees
50 - 100 employees
Industry
Construction
Headquarter Address
25843 32 Mile Rd Richmond Michigan MI 48062
Revenue
$10 Million - $50 Million
Phone Number
+1 5862436435
Social Media
About Danken Electric Co Inc
Danken Electric Co Inc is a company that operates in the Construction industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Richmond, Michigan.

What Benefits Does Danken Electric Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Danken Electric Co 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Danken Electric Co Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Danken Electric Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Danken Electric Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Danken Electric Co Inc

1. What is the average salary for employees at Danken Electric Co Inc?

The average annual total compensation for employees at Danken Electric Co Inc is approximately $94,626. However, this is an aggregate figure, actual salaries can range significantly, typically from $83,324 to $106,892, depending on factors like job role, experience, and location.

2. How much does Danken Electric Co Inc pay compared to EV Power Solutions?

The average annual salary at Danken Electric Co Inc is $94,626, or an hourly wage of $45, in comparison to EV Power Solutions which pays $96,767 per year or $47 per hour.

3. How does having a professional certification impact salary for relevant roles at Danken Electric Co Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Danken Electric Co Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Danken Electric Co Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?

While some companies offer formal COLA, many, including potentially Danken Electric Co Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Danken Electric Co Inc?

Most companies, likely including Danken Electric Co Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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