Ramco Innovations Inc Salary

Ramco Innovations Inc Salary

How much does the Ramco Innovations Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Ramco Innovations Inc in the United States is $44. This translates to an approximate annual wage of $92,200. Salaries at Ramco Innovations Inc typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company. Ramco Innovations 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.

How Much Does Ramco Innovations Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Ramco Innovations Inc. 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.
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Current Job Openings at Ramco Innovations Inc

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

Is Ramco Innovations Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Ramco Innovations 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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Ramco Innovations Inc
Retail & Wholesale
Adam & Eve
King Tire Service Inc
Industry Comparison
Our data shows that, on average, compensation at Ramco Innovations Inc is below the average for the U.S. Retail & Wholesale industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Ramco Innovations Inc average annual salary with several similar companies. Ramco Innovations Inc average salary of $92,200 is higher than Adam & Eve, which has an average salary of $89,869. It is higher than King Tire Service Inc, with their average salary at $89,679. This places Ramco Innovations Inc 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 Ramco Innovations Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Ramco Innovations Inc

Considering a career at Ramco Innovations 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.
Benefits like health insurance and bonuses are a plus. The management team is transparent about company goals, which helps with alignment. Leadership is approachable and fair. The Retail & Wholesale industry is competitive, and this company operates efficiently. Good work-life balance for retail. Benefits and work flexibility are strong points. The Retail operations run smoothly, and the company m...
Commented in March 05, 2025
40
3
The company rewards effort, and there’s always something new to learn. I genuinely enjoy working here. Standard benefits and workload. The has a consistent routine. I’ve grown a lot since joining this company.
Commented in February 05, 2025
25
2
The company offers good pay, solid benefits, and opportunities for growth. The company provides excellent training and development programs. Managers are supportive, and the workload is fair. Team communication is clear. Managers listen to feedback and act on it.
Commented in January 14, 2024
40
1

Ramco Innovations Inc Overview

Website
www.ramcoi.com
Founded In
1962
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
1207 Maple St West Des Moines Iowa IA 50265
Revenue
$10 Million - $50 Million
Phone Number
+1 5152256933
Social Media
About Ramco Innovations Inc
Ramco Innovations is an automation distributor based in West Des Moines, IA with nearly 60 years of experience providing customers with world-class products and technical expertise from product lines including ABB, Banner, Omron, Optex, Panasonic, Turck and more.

What Benefits Does Ramco Innovations Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ramco Innovations 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 Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Ramco Innovations Inc.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Ramco Innovations Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Ramco Innovations Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART 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 $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ramco Innovations Inc

1. How much does a Ramco Innovations Inc employee make?

Ramco Innovations Inc pays its employees an average of $44 per hour. The average salary at Ramco Innovations Inc range from $39 to $50 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 Ramco Innovations Inc?

The salary at Ramco Innovations Inc is higher than the similar company. The average annual salary at Ramco Innovations Inc is $92,200, or an hourly wage of $44, in comparison to Adam & Eve which pays $89,869 per year or $43 per hour.

3. How much does a Chief Financial Officer typically earn at Ramco Innovations Inc?

A Chief Financial Officer at Ramco Innovations Inc typically earns an average hourly base salary of around $179, with a general range of $137 to $225.

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

In many roles at Ramco Innovations Inc, 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 Des Moines affect the perceived value of a Ramco Innovations Inc salary?

Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). This significantly impacts the purchasing power of a salary from Ramco Innovations Inc based there. Our "Cost of Living Insights for Des Moines" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Ramco Innovations Inc typically offer employees?

Ramco Innovations Inc 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 Ramco Innovations Inc" section on this page.

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