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NEWCO Electric Co Salary

NEWCO Electric Co Salary

How much does the NEWCO Electric Co Pay for employees?

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As of August 2026, the average annual salary for employees at NEWCO Electric Co in the United States is $80,987. This translates to an approximate hourly wage of $39. Salaries at NEWCO Electric Co typically range from $71,347 to $91,393 annually, reflecting the diverse roles and experience levels within the company. NEWCO Electric 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 NEWCO Electric Co Pay for Different Roles?

Explore detailed salary information for specific jobs at NEWCO Electric 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 NEWCO Electric Co

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

Is NEWCO Electric Co’s Pay Competitive? Salary Benchmarking Analysis

How does NEWCO Electric 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
120k
100k
80k
60k
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20k
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Average Salary ($/year)
NEWCO Electric Co
Construction
Fortress Stabilization Systems LLC
The Independent
Industry Comparison
Our data shows that, on average, compensation at NEWCO Electric Co is below the average for the U.S. Construction industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared NEWCO Electric Co average annual salary with several similar companies. NEWCO Electric Co average salary of $80,987 is lower than Fortress Stabilization Systems LLC, which has an average salary of $82,728. It is lower than The Independent, with their average salary at $103,887. This places NEWCO Electric Co in a developing position among its peers.
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How NEWCO Electric Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at NEWCO Electric Co

Considering a career at NEWCO Electric 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.
Company culture promotes respect and accountability. We are encouraged to always do the right thing, even when it’s challenging. Strong emphasis on teamwork and collaboration. The company prioritizes safety, providing thorough training and equipment to ensure all employees work in a secure environment.
Commented in May 03, 2025
37
1
The company communicates well from top to bottom. Steady work and decent leadership, but advancement can take time. Management supports training and certifications that help advance your career. A good fit for workers who prioritize steady work, though the rigid structure may not appeal to everyone. The safety protocols are stringent, ensuring everyone returns home safely each day. Everyone contri...
Commented in January 23, 2025
48
2
Each project offers a new learning experience, and there’s a great balance between autonomy and guidance. The workplace culture prioritizes safety, respect, and ethical business practices consistently. Workload depends on project cycle—can be feast or famine.
Commented in February 10, 2024
38
2

NEWCO Electric Co Overview

Website
www.newcoelectric.com
Founded In
1931
Employees
<25 employees
Industry
Construction
Headquarter Address
301 W 12th St Erie Pennsylvania PA 16501
Revenue
$5 Million - $10 Million
Phone Number
+1 8144548101
Social Media
About NEWCO Electric Co
NEWCO Electric is one of the leading electrical contractors in Northwest Pennsylvania. NEWCO specializes in commercial, industrial and institutional electrical construction including high voltage, medium voltage, process control and instrumentation. NEWCO serves customers in Northwest Pennsylvania and maintains an office and a distribution center in Erie, Pennsylvania. NEWCO has been in business f

What Benefits Does NEWCO Electric Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. NEWCO Electric 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 Erie?

Understanding the cost of living near Erie is key to truly evaluating a salary offer or your current compensation at NEWCO Electric Co.
Erie's Cost of Living Index is approximately 79.2 (20.8% less expensive than US average; 18.4% less than PA average). Lake Erie city, very affordable housing. EMTA bus. When planning your budget based on a salary from NEWCO Electric Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,100+ A significant portion of NEWCO Electric Co salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $42 (EMTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,982 - $3,162+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of NEWCO Electric Co

1. What is the average salary for employees at NEWCO Electric Co?

The average annual total compensation for employees at NEWCO Electric Co is approximately $80,987. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,347 to $91,393, depending on factors like job role, experience, and location.

2. How much does NEWCO Electric Co pay compared to Fortress Stabilization Systems LLC?

The average annual salary at NEWCO Electric Co is $80,987, or an hourly wage of $39, in comparison to Fortress Stabilization Systems LLC which pays $82,728 per year or $40 per hour.

3. What is the lowest salary at NEWCO Electric Co?

The lowest-paying job at NEWCO Electric Co is an Electrician with a salary of $51,323 per year. 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 NEWCO Electric 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 NEWCO Electric Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does NEWCO Electric Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Erie?

While some companies offer formal COLA, many, including potentially NEWCO Electric 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 NEWCO Electric Co?

Most companies, likely including NEWCO Electric 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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