Foster Mechanical Inc Salary

Foster Mechanical Inc Salary

How much does the Foster Mechanical Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Foster Mechanical Inc in the United States is $82,422. This translates to an approximate hourly wage of $40. Salaries at Foster Mechanical Inc typically range from $72,612 to $93,015 annually, reflecting the diverse roles and experience levels within the company. Foster Mechanical 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 Foster Mechanical Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Foster Mechanical 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 Foster Mechanical Inc

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

Is Foster Mechanical Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Foster Mechanical 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
120k
100k
80k
60k
40k
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Average Salary ($/year)
Foster Mechanical Inc
Construction
Mosaic Venue
Witzel Electric
Industry Comparison
Our data shows that, on average, compensation at Foster Mechanical Inc is below the average for the U.S. Construction industry by approximately 31%. 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 Mechanical Inc average annual salary with several similar companies. Foster Mechanical Inc average salary of $82,422 is lower than Mosaic Venue, which has an average salary of $92,263. It is lower than Witzel Electric, with their average salary at $91,683. This places Foster Mechanical Inc 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 Foster Mechanical Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Foster Mechanical Inc

Considering a career at Foster Mechanical 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.
Job security is strong, and pay is fair. Communication is formal, and employee engagement varies by team. Great benefits and competitive pay. Emphasis on quality workmanship.
Commented in April 06, 2025
20
0
Benefits are satisfactory and it is exceptional. The apprenticeship program here is well-structured, providing comprehensive training and mentorship for those new to the construction trades. Innovative construction techniques embraced company-wide. Safety meetings are taken seriously, and the work is organized and efficient.
Commented in February 09, 2025
35
3
Communication from management is formal and sometimes infrequent. This is a dependable workplace for those who appreciate consistency, though it may lack excitement for those looking for more innovation. They effectively manage a colossal operation with employees while maintaining clear strategic goals and a strong company culture. This company truly builds careers as well as structures.
Commented in October 31, 2024
19
1

Foster Mechanical Inc Overview

Website
www.fostermech.com
Founded In
1998
Employees
<25 employees
Industry
Construction
Headquarter Address
945 5th Ave SE Hutchinson Minnesota MN 55350
Revenue
<$5 Million
Phone Number
+1 3205874003
Social Media
About Foster Mechanical Inc
Foster Mechanical, Inc. has a reputation as a company that provides exceptional services. Our mission is to perform quality services and to provide quality products for our customers in a way that is responsive to their needs. We pride ourselves in our craftsmanship, and in our commitment to doing installations that perform well and last for a long time.

What Benefits Does Foster Mechanical Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Foster Mechanical 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 Foster Mechanical 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 Foster Mechanical 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 Foster Mechanical 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 Foster Mechanical Inc

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

The typical annual salary range for most roles at Foster Mechanical Inc is approximately from $72,612 to $93,015. 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 Foster Mechanical Inc pay compared to Mosaic Venue?

The average annual salary at Foster Mechanical Inc is $82,422, or an hourly wage of $40, in comparison to Mosaic Venue which pays $92,263 per year or $44 per hour.

3. Do salaries differ significantly between departments at Foster Mechanical Inc?

Yes, salaries often differ between departments at Foster Mechanical 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 Foster Mechanical Inc?

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

To determine if a salary offer from Foster Mechanical Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Foster Mechanical 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 are the key factors that influence salary levels at Foster Mechanical Inc?

Several key factors influence salary levels at Foster Mechanical Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Foster Mechanical Inc likely benchmarks its salaries against other companies in the Construction sector. You can explore how these factors play out in our detailed salary data.

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