Socomec Inc Salary

How much does the Socomec Inc Pay for employees?

As of August 2026, the average hourly salary for employees at Socomec Inc in the United States is $56. This translates to an approximate annual wage of $116,344. Salaries at Socomec Inc typically range from $49 to $63 hourly, reflecting the diverse roles and experience levels within the company. Socomec 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 Socomec Inc

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Is Socomec Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Socomec 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)
Socomec Inc
MFG Durable
Luxor Workspaces LLC
Central Plastics Inc
Industry Comparison
Our data shows that, on average, compensation at Socomec Inc is below the average for the U.S. MFG Durable industry by approximately 4%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Socomec Inc average annual salary with several similar companies. Socomec Inc average salary of $116,344 is higher than Luxor Workspaces LLC, which has an average salary of $103,645. It is higher than Central Plastics Inc, with their average salary at $97,917. This places Socomec Inc in a competitive position among its peers.
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Employee Reviews: Working at Socomec Inc

Considering a career at Socomec 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.
Leadership communicates company goals clearly and celebrates team achievements. There's a clear chain of command, and everyone knows what’s expected. Excellent leadership, great communication, and a real focus on quality and safety. The environment is clean and organized, and coworkers are respectful. You’ll stay busy but may find the work lacks variety over time.
The focus on safety here is second to none. Communication is average; could be more transparent. Training is provided but and it can be tailored to individual needs. Working here has improved my confidence.
Career growth is possible but often requires patience. The facility is well-maintained and safe for workers. The operation maintains impressive quality standards while fostering positive work relationships.
I’ve had nothing but good experiences working here. Great place to build a long-term, stable manufacturing career. Our facility runs smoothly thanks to clear communication, dedicated teams, and strong leadership. Most importantly, there's genuine pride throughout the organization in the quality products we produce. There's a strong emphasis on professional development, with many resources availabl...
Tools and support are available, though innovation take hold here. I’ve really enjoyed being part of this company. Company provides tools and resources needed. I enjoy the structure and clarity of my role.

Socomec Inc Overview

Website
www.socomec.us
Founded In
1980
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
9 Galen St Watertown Massachusetts MA 02472
Revenue
$50 Million - $200 Million
Phone Number
+1 6172450447
Social Media
About Socomec Inc
Socomec is an electrical equipment engineering & manufacturing company, specializing in low voltage energy management & performance. Our innovative power solutions ensure the safety and efficiency of your low voltage applications.

What Benefits Does Socomec Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Socomec 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Socomec Inc.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Socomec Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Socomec Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Socomec Inc

1. How much does Socomec Inc in the United States pay?

Socomec Inc pays its employees an average of $56 per hour. The average salary at Socomec Inc range from $49 to $63 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. Do Socomec Inc employees get a higher salary than its peer company?

The salary at Socomec Inc is higher than its peer company. The average annual salary at Socomec Inc is $116,344, or an hourly wage of $56, in comparison to Luxor Workspaces LLC which pays $103,645 per year or $50 per hour.

3. How much does salary increase with years of experience at Socomec Inc?

Salary progression with years of experience at Socomec Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Socomec Inc vary by office location?

Yes, it's very likely that salaries at Socomec Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Boston section provides more context.

5. Does Socomec Inc offer good benefits?

Socomec Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Socomec Inc" section on this page.