Drake Electric Salary

Drake Electric Salary

How much does the Drake Electric Pay for employees?

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As of July 2026, the average annual salary for employees at Drake Electric in the United States is $81,431. This translates to an approximate hourly wage of $39. Salaries at Drake Electric typically range from $71,741 to $91,893 annually, reflecting the diverse roles and experience levels within the company. Drake Electric’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 Drake Electric Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Electric. 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.
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Current Job Openings at Drake Electric

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

Is Drake Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Electric’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
120k
100k
80k
60k
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20k
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Average Salary ($/year)
Drake Electric
Construction
AMCO Waterproofing
B&h Specialty Construction Services LLC
Industry Comparison
Our data shows that, on average, compensation at Drake Electric is below the average for the U.S. Construction industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Drake Electric average annual salary with several similar companies. Drake Electric average salary of $81,431 is lower than AMCO Waterproofing, which has an average salary of $83,181. It is lower than B&h Specialty Construction Services LLC, with their average salary at $82,981. This places Drake Electric in a developing position among its peers.
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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 Drake Electric's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Drake Electric

Considering a career at Drake Electric? 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 culture encourages open communication, and there are clear channels for voicing concerns or suggesting improvements without fear of reprisal. Benefits are fine, though not standout. Safety training is mandatory, but follow-through depends on supervisors. Opportunities for career growth are real.
Commented in February 18, 2025
49
2
The leadership respects employee input, and recognition is given when it’s due. Coworkers are generally helpful, though coordination between trades can be inconsistent depending on the project manager. The company supports professional certifications and encourages continuous improvement, making it an excellent place for anyone looking to advance in construction. The variety of projects keeps my w...
Commented in February 04, 2025
43
2
As someone passionate about sustainable building, I'm thrilled to work. Leadership fosters a transparent and communicative environment where team members feel empowered. Management is efficient but communication could be more transparent and frequent. You feel like your contributions actually matter here. Workload fluctuates depending on project deadlines and weather.
Commented in June 26, 2024
38
3

Drake Electric Overview

Website
www.drakeelectricllc.com
Founded In
2018
Employees
<25 employees
Industry
Construction
Headquarter Address
6694 N Ridge Rd Fort Calhoun Nebraska NE 68023
Revenue
<$5 Million
Phone Number
+1 4026793798
Social Media
About Drake Electric
Our mission is to provide our customers with high quality work and hold our standards accountable in every aspect of our business. Jim Boelter, who has over 40 years experience in the electrical industry, started Drake Electric. He is a licensed Electrical Contractor in South Dakota and Nebraska. He is also a licensed Fire Alarm Installer in the state of Nebraska. Jim began his electrical journey

What Benefits Does Drake Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Electric 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 Omaha?

Understanding the cost of living near Omaha is key to truly evaluating a salary offer or your current compensation at Drake Electric.
Omaha's Cost of Living Index is approximately 90.2 (9.8% less expensive than US average; 0.8% less than NE average). Largest NE city (Warren Buffett), affordable housing. Metro Transit. When planning your budget based on a salary from Drake Electric, 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 Drake Electric salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $55 (Metro Transit 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 $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,255 - $3,565+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Electric

1. What is the average salary for employees at Drake Electric?

The average annual total compensation for employees at Drake Electric is approximately $81,431. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,741 to $91,893, depending on factors like job role, experience, and location.

2. How much does Drake Electric pay compared to AMCO Waterproofing?

The average annual salary at Drake Electric is $81,431, or an hourly wage of $39, in comparison to AMCO Waterproofing which pays $83,181 per year or $40 per hour.

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

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 Drake Electric for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Drake Electric offer cost-of-living adjustments (COLA) for employees in high-cost areas like Omaha?

While some companies offer formal COLA, many, including potentially Drake Electric, 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 Drake Electric?

Most companies, likely including Drake Electric, 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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