Innovex Salary

Innovex Salary

How much does the Innovex Pay for employees?

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As of August 2026, the average hourly salary for employees at Innovex in the United States is $57. This translates to an approximate annual wage of $118,306. Salaries at Innovex typically range from $50 to $64 hourly, reflecting the diverse roles and experience levels within the company. Innovex’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 Innovex Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovex. 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 Innovex

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

Is Innovex’s Pay Competitive? Salary Benchmarking Analysis

How does Innovex’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Innovex
Energy & Utilities
Louisville Water Co
Lee County Electric Cooperative Inc
Industry Comparison
Our data shows that, on average, compensation at Innovex is below the average for the U.S. Energy & Utilities industry by approximately 9%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Innovex average annual salary with several similar companies. Innovex average salary of $118,306 is higher than Louisville Water Co, which has an average salary of $107,062. It is higher than Lee County Electric Cooperative Inc, with their average salary at $104,953. This places Innovex 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.

Companies Similar to Innovex and Their Hourly Pay Rates

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

Employee Reviews: Working at Innovex

Considering a career at Innovex? 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.
A solid place to grow and feel valued. The company excels at maintaining a safe, environmentally conscious workplace where employees thrive. Leadership is approachable but often to implement change. The workplace feels inclusive, and the leadership truly cares. Hard work really pays off.
Commented in May 15, 2025
38
3
Remote and hybrid flexibility for some roles is appreciated. It’s a stable, mission-driven environment with room to grow and the satisfaction of working on essential services. A respectful environment with high safety standards. The work is repetitive, but that’s to be expected in utilities.
Commented in January 12, 2025
39
1
I feel motivated knowing that my work supports a critical industry. Safety and performance are average. Workload is steady, but scheduling is rigid. The leadership at this company consistently demonstrates a genuine commitment to employee success and safety. Outreach programs, disaster response efforts, and educational initiatives make a real difference. Managers are responsive, and peer collabora...
Commented in November 05, 2024
8
1
The company actively encourages internal mobility and provides excellent training programs, supporting continuous learning in critical areas like renewable energy technologies. The training program is comprehensive and hands-on. It’s exciting to be part of infrastructure that really makes a difference in people’s lives.
Commented in October 01, 2024
50
1
The people are kind, and training is thorough. Safety enforcement is inconsistent, and training quality varies. Supportive management and modern technology make every workday smooth. Employee voices are respected and valued, and there's strong attention to operational efficiency. Management is clear about goals and expectations, and they provide the resources needed to succeed.
Commented in February 24, 2024
45
1

Innovex Overview

Website
www.innovex-inc.com
Founded In
1961
Employees
200 - 500 employees
Industry
Energy & Utilities
Headquarter Address
4310 N Sam Houston Pkwy E Houston Texas TX 77032
Revenue
$200 Million - $500 Million
Phone Number
+1 3463980000
Social Media
About Innovex
Founded in 2016 and headquartered in Houston, Texas, Innovex Downhole Solutions design, manufacture, and install well construction, completion, and artificial lift products for onshore and offshore operators worldwide.

What Benefits Does Innovex Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovex 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Innovex.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Innovex, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Innovex salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovex

1. How much does an Innovex employee make?

Innovex pays its employees an average of $57 per hour. The average salary at Innovex range from $50 to $64 per hour. 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. Which similar company tend to pay more or less than Innovex?

The salary at Innovex is higher than the similar company. The average annual salary at Innovex is $118,306, or an hourly wage of $57, in comparison to Louisville Water Co which pays $107,062 per year or $51 per hour.

3. How much does a Managing Director typically earn at Innovex?

A Managing Director at Innovex typically earns an average hourly base salary of around $440, with a general range of $337 to $555.

4. Do employees with advanced degrees (Master's, PhD) earn more at Innovex?

In many roles at Innovex, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Houston affect the perceived value of a Innovex salary?

Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Innovex based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Innovex typically offer employees?

Innovex generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Innovex" section on this page.

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