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FR Drake Co Salary

FR Drake Co Salary

How much does the FR Drake Co Pay for employees?

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As of October 2026, the average weekly salary for employees at FR Drake Co in the United States is $1,663. This translates to an approximate annual wage of $86,451. Salaries at FR Drake Co typically range from $1,464 to $1,878 weekly, reflecting the diverse roles and experience levels within the company. FR Drake Co’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 FR Drake Co Pay for Different Roles?

Explore detailed salary information for specific jobs at FR Drake Co. 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 FR Drake Co

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

Is FR Drake Co’s Pay Competitive? Salary Benchmarking Analysis

How does FR Drake Co’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)
FR Drake Co
MFG Durable
Daiei America Inc
A-D Technologies Co
Industry Comparison
Our data shows that, on average, compensation at FR Drake Co is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared FR Drake Co average annual salary with several similar companies. FR Drake Co average salary of $86,451 is lower than Daiei America Inc, which has an average salary of $87,949. It is lower than A-D Technologies Co, with their average salary at $87,801. This places FR Drake Co in a developing 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 FR Drake Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at FR Drake Co

Considering a career at FR Drake Co? 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 leadership team is approachable and transparent, providing clear goals and constructive feedback. Beyond the financial aspects, the company fosters a positive work environment where contributions are recognized, and team achievements are celebrated. Employee ideas are actually implemented. Advancement takes time and persistence. Management communicates expectations well and gives regular perfo...
Commented in February 02, 2025
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There’s also a strong sense of camaraderie—you’re not just a number here. It's empowering to contribute to manufacturing practices that are not only productive but also ecologically conscious. Compensation and benefits are competitive, including profit sharing and excellent healthcare. Coworkers are helpful, and it’s easy to build strong relationships. Equipment and technology are regularly update...
Commented in June 08, 2024
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You feel appreciated and respected here. It’s not just a job—it’s a place where your contribution truly matters every day. Benefits are robust, including health insurance, paid time off, and retirement plans. The role provides consistent pay and predictable hours. This focus on personal improvement is a significant benefit and helps keep the workforce skilled and motivated for new challenges.
Commented in March 21, 2024
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FR Drake Co Overview

Website
www.drakeloader.com
Founded In
1979
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1410 Genicom Dr Waynesboro Virginia VA 22980
Revenue
$10 Million - $50 Million
Phone Number
+1 5405694368
Social Media
About FR Drake Co
F.R. Drake Company designs and manufactures automatic loading systems for cylindrical products and frozen patties. Frankfurters and other cylindrical products are loaded into packages at speeds up to 1,800 pieces per minute. Frozen patties are stacked and loaded into boxes at speeds up to 8,000 pounds per hour.

What Benefits Does FR Drake Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. FR Drake Co 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at FR Drake Co.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from FR Drake Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of FR Drake Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of FR Drake Co

1. What is the estimated average total compensation at FR Drake Co?

Salary.com estimates that the average total compensation package at FR Drake Co, which can include base salary, potential bonuses, and benefits, is around $86,451 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does FR Drake Co pay compared to Daiei America Inc?

The average annual salary at FR Drake Co is $86,451, or an hourly wage of $42, in comparison to Daiei America Inc which pays $87,949 per year or $42 per hour.

3. Do salaries differ significantly between departments at FR Drake Co?

Yes, salaries often differ between departments at FR Drake Co 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 FR Drake Co?

Salary progression from an entry-level to a senior role at FR Drake Co 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 FR Drake Co in Richmond is fair given the local cost of living?

To determine if a salary offer from FR Drake Co in Richmond is fair, first compare the gross salary to our data for similar roles at FR Drake Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.

6. Are promotions at FR Drake Co usually accompanied by a significant salary increase?

Yes, promotions at FR Drake Co 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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