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Foster Bros Marine Salary

Foster Bros Marine Salary

How much does the Foster Bros Marine Pay for employees?

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As of September 2026, the average annual salary for employees at Foster Bros Marine in the United States is $92,432. This translates to an approximate hourly wage of $44. Salaries at Foster Bros Marine typically range from $81,290 to $104,514 annually, reflecting the diverse roles and experience levels within the company. Foster Bros Marine’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 Foster Bros Marine Pay for Different Roles?

Explore detailed salary information for specific jobs at Foster Bros Marine. 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 Foster Bros Marine

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

Is Foster Bros Marine’s Pay Competitive? Salary Benchmarking Analysis

How does Foster Bros Marine’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)
Foster Bros Marine
Retail & Wholesale
Socks Marina Inc
Steinberg's Inc
Industry Comparison
Our data shows that, on average, compensation at Foster Bros Marine 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 Foster Bros Marine average annual salary with several similar companies. Foster Bros Marine average salary of $92,432 is higher than Socks Marina Inc, which has an average salary of $85,207. It is higher than Steinberg's Inc, with their average salary at $86,135. This places Foster Bros Marine in a competitive 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 Foster Bros Marine's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Foster Bros Marine

Considering a career at Foster Bros Marine? 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 retail environment is clean, and training is provided. Recognition programs ensure hard work doesn’t go unnoticed. I’ve had a great experience here. The company culture is welcoming, and employees are encouraged to share ideas. The Retail segment is fast-paced but well-supported.
Commented in March 31, 2025
33
2
I’ve had a rewarding experience here. A great place to work if you enjoy a dynamic environment. Overall, it’s a great workplace for those looking for stability and growth in wholesale/retail.
Commented in February 23, 2025
35
0
It’s a decent option if you value stability over high-growth opportunities. Friendly colleagues and fair workload. My experience here has been steady. Benefits are competitive, and the company often recognizes hard work through bonuses or incentives. The Wholesale division is well-run, and career development is encouraged. Decent workplace.
Commented in November 29, 2024
39
2

Foster Bros Marine Overview

Website
www.fosterbrosmarine.com
Founded In
2007
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
820 Babcock Blvd W Delano Minnesota MN 55328
Revenue
<$5 Million
Phone Number
+1 7639723199
Social Media
About Foster Bros Marine
Here at Foster Bros Marine we want to make boating easy for you and while some of our daily procedurs have changed, we are still here and available for all your boating needs. . Our Sales Department is available via phone, email, & text. Our showroom is open and wea are taking appointments for walkthroughs on boats and pontoons. Visit our inventory page and let us know what you'd like to come out

What Benefits Does Foster Bros Marine Offer Beyond Salary?

A competitive compensation package is more than just a salary. Foster Bros Marine 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 Foster Bros Marine.
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 Foster Bros Marine, 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 Foster Bros Marine 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 Foster Bros Marine

1. What is the estimated average total compensation at Foster Bros Marine?

Salary.com estimates that the average total compensation package at Foster Bros Marine, which can include base salary, potential bonuses, and benefits, is around $92,432 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Foster Bros Marine pay compared to Socks Marina Inc?

The average annual salary at Foster Bros Marine is $92,432, or an hourly wage of $44, in comparison to Socks Marina Inc which pays $85,207 per year or $41 per hour.

3. Do salaries differ significantly between departments at Foster Bros Marine?

Yes, salaries often differ between departments at Foster Bros Marine 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Foster Bros Marine?

Salary progression from an entry-level to a senior role at Foster Bros Marine can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Foster Bros Marine in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Foster Bros Marine in Minneapolis is fair, first compare the gross salary to our data for similar roles at Foster Bros Marine 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. Are promotions at Foster Bros Marine usually accompanied by a significant salary increase?

Yes, promotions at Foster Bros Marine are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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