Philips Products Inc Salary

How much does the Philips Products Inc Pay for employees?

As of August 2026, the average hourly salary for employees at Philips Products Inc in the United States is $45. This translates to an approximate annual wage of $93,930. Salaries at Philips Products Inc typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company. Philips Products 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.
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Current Job Openings at Philips Products Inc

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Is Philips Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Philips Products Inc’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)
Philips Products Inc
Retail & Wholesale
Service Lighting Inc
Hyundai Digitech Inc
Industry Comparison
Our data shows that, on average, compensation at Philips Products Inc is below the average for the U.S. Retail & Wholesale industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Philips Products Inc average annual salary with several similar companies. Philips Products Inc average salary of $93,930 is lower than Service Lighting Inc, which has an average salary of $99,626. It is higher than Hyundai Digitech Inc, with their average salary at $86,968. This places Philips Products Inc in a mid-range position among its peers.
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Employee Reviews: Working at Philips Products Inc

Considering a career at Philips Products 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.
The retail team works well together, and there’s a strong emphasis on customer service. I love the fast-paced environment and the people I work with. Friendly workplace with good communication from leadership. Benefits include health insurance, retirement plans, and performance incentives. I’ve built strong relationships with my colleagues, and management is always open to new ideas.
The work-life balance is good, and there are opportunities for growth. Communication is clear, and the workload is balanced. Joining this company was one of the best career decisions I’ve made. Enjoy coming to work every day. The benefits package is a strong plus. Working at this company has been a great experience. Smooth onboarding process. I’ve had a positive experience and appreciate the work-...
Benefits like health insurance and bonuses make it a rewarding workplace. Would recommend to anyone looking for a solid employer in wholesale. The retail team is cohesive, and the company invests in employee growth.

Philips Products Inc Overview

Website
Data pending, update soon.
Founded In
1999
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
1551 Wewatta St Denver Colorado CO 80202
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Philips Products Inc
Philips Products Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Denver, Colorado.

What Benefits Does Philips Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Philips Products 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 Denver?

Understanding the cost of living near Denver is key to truly evaluating a salary offer or your current compensation at Philips Products Inc.
Denver's Cost of Living Index is approximately 112.1 (12.1% more expensive than US average; 6.5% more than CO average). Housing costs are the primary driver above US average, high demand, vibrant city. Light Rail/Bus (RTD). When planning your budget based on a salary from Philips Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Philips Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $114 (RTD monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 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) $3,044 - $4,694+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Philips Products Inc

1. What is the estimated average total compensation at Philips Products Inc?

Salary.com estimates that the average total compensation package at Philips Products Inc, which can include base salary, potential bonuses, and benefits, is around $45 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Philips Products Inc pay compared to Service Lighting Inc?

The average annual salary at Philips Products Inc is $93,930, or an hourly wage of $45, in comparison to Service Lighting Inc which pays $99,626 per year or $48 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Philips Products Inc?

Salary progression from an entry-level to a senior role at Philips Products Inc 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.

4. How can I determine if a salary offer from Philips Products Inc in Denver is fair given the local cost of living?

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

5. Are promotions at Philips Products Inc usually accompanied by a significant salary increase?

Yes, promotions at Philips Products Inc 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.