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Lane Equipment Co Salary

Lane Equipment Co Salary

How much does the Lane Equipment Co Pay for employees?

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As of August 2026, the average hourly salary for employees at Lane Equipment Co in the United States is $50. This translates to an approximate annual wage of $103,676. Salaries at Lane Equipment Co typically range from $44 to $56 hourly, reflecting the diverse roles and experience levels within the company. Lane Equipment 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 Lane Equipment Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Lane Equipment 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 Lane Equipment Co

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

Is Lane Equipment Co’s Pay Competitive? Salary Benchmarking Analysis

How does Lane Equipment Co’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
180k
150k
120k
90k
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30k
0
Average Salary ($/year)
Lane Equipment Co
Retail & Wholesale
Premier Metal Buyers
Ducont
Industry Comparison
Our data shows that, on average, compensation at Lane Equipment Co is below the average for the U.S. Retail & Wholesale industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lane Equipment Co average annual salary with several similar companies. Lane Equipment Co average salary of $103,676 is lower than Premier Metal Buyers, which has an average salary of $104,921. It is lower than Ducont, with their average salary at $113,697. This places Lane Equipment Co 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.

Companies Similar to Lane Equipment Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Lane Equipment Co

Considering a career at Lane Equipment 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 company invests in employee growth, and the culture is positive. Benefits like health coverage, retirement plans, and employee discounts are solid perks. The leadership team is engaged and approachable. It’s a good fit for those seeking work-life balance without high pressure. Managers respect personal time, and overtime is rare. I appreciate the work-life balance and flexibility here. The ben...
Commented in April 10, 2025
18
3
Proud to work here. Great place for career-driven individuals. Flexible hours and good benefits. The company encourages internal promotions, and there’s transparency in career paths.
Commented in March 28, 2025
41
2
The company offers a supportive environment with opportunities for growth. Benefits are competitive, and the company often recognizes hard work through bonuses or incentives. Work-life balance is respected, and flexible scheduling is a major perk. Tasks are clearly defined, and schedules are consistent.
Commented in March 03, 2025
23
0
The wholesale division is well-organized, making daily tasks manageable. The retail space is well-maintained, and colleagues are professional. Company is okay. The company also promotes from within, which is motivating. The wholesale operations run smoothly, making daily tasks efficient.
Commented in July 17, 2024
21
0
There are regular team-building activities, which make work enjoyable. Overall, it’s a supportive, forward-thinking employer with great long-term potential. The company culture is positive, and employees are treated fairly. The company operates efficiently, and the team is professional. The training is comprehensive, and there’s always something new to learn.
Commented in January 19, 2024
25
3

Lane Equipment Co Overview

Website
www.laneequipment.com
Founded In
2007
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
2030 Richmond Ave Houston Texas TX 77098
Revenue
$50 Million - $200 Million
Phone Number
+1 7135295761
Social Media
About Lane Equipment Co
We offer in-house customized restaurant equipment financing & leasing options to meet your needs. Try our full service lease where you pay a fixed amount every month within 1, 2 or 3 year period and you don't have to pay for a service call and trip charge anymore. Call now and our Sales Executive will discuss the program that best suits your business. Mr. Bob Lane, founder of Lane Equipment Compan

What Benefits Does Lane Equipment Co Offer Beyond Salary?

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

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Lane Equipment Co.
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 Lane Equipment Co, 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 Lane Equipment Co 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 Lane Equipment Co

1. What is the average salary for employees at Lane Equipment Co?

The average total compensation for employees at Lane Equipment Co is approximately $50 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $44 to $56 per hour, depending on factors like job role, experience, and location.

2. How much does Lane Equipment Co pay compared to Premier Metal Buyers?

The average annual salary at Lane Equipment Co is $103,676, or an hourly wage of $50, in comparison to Premier Metal Buyers which pays $104,921 per year or $50 per hour.

3. What is the lowest salary at Lane Equipment Co?

The lowest-paying job at Lane Equipment Co is a Service Technician with a salary of $27 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Lane Equipment Co?

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

5. Does Lane Equipment Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Houston?

While some companies offer formal COLA, many, including potentially Lane Equipment Co, 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.

6. What's the typical process for salary reviews and raises at Lane Equipment Co?

Most companies, likely including Lane Equipment Co, 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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