Speco Electrical Inc Salary

How much does the Speco Electrical Inc Pay for employees?

As of August 2026, the average hourly salary for employees at Speco Electrical Inc in the United States is $54. This translates to an approximate annual wage of $113,307. Salaries at Speco Electrical Inc typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company. Speco Electrical 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 Speco Electrical Inc

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Is Speco Electrical Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Speco Electrical 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)
Speco Electrical Inc
Construction
Borrell Electric Co Inc
Chrysler Group Global Electric Motorcars LLC
Industry Comparison
Our data shows that, on average, compensation at Speco Electrical Inc is below the average for the U.S. Construction industry by approximately 5%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Speco Electrical Inc average annual salary with several similar companies. Speco Electrical Inc average salary of $113,307 is higher than Borrell Electric Co Inc, which has an average salary of $90,133. It is higher than Chrysler Group Global Electric Motorcars LLC, with their average salary at $87,148. This places Speco Electrical Inc in a competitive position among its peers.
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Employee Reviews: Working at Speco Electrical Inc

Considering a career at Speco Electrical 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.
It's exciting to be part of a company that isn't afraid to invest in the future of construction, making our work more efficient and environmentally friendly. The work environment is positive and inclusive, with a strong focus on quality workmanship and safety standards that ensure both employee well-being and project success. Opportunities for career growth are real. The company consistently inves...
I’ve been with this construction company for several years, and it’s been a fantastic journey. Strong focus on quality and timely delivery. I feel a great sense of teamwork and collaboration not just within my immediate crew, but across different trades and departments. The company empowers us to contribute our best, and it’s incredibly fulfilling to be part of a team that builds impressive, lasti...
The company provides a stable work environment but innovationtake time to take root. Leadership promotes open communication and provides clear career paths. Safety training is mandatory, but follow-through depends on supervisors. There's a genuine focus on minimizing rework.
They effectively manage a colossal operation with employees while maintaining clear strategic goals and a strong company culture. Tools are provided, and training is always available if you ask for it. Scheduling was military-precise, with trades arriving exactly when needed. The team culture here is unmatched. There’s strong team spirit, and everyone looks out for each other.

Speco Electrical Inc Overview

Website
Data pending, update soon.
Founded In
1971
Employees
100 - 200 employees
Industry
Construction
Headquarter Address
350 5th Ave New York City New York NY 10001
Revenue
$10 Million - $50 Million
Phone Number
+1 7186389400
Social Media
About Speco Electrical Inc
Speco Electrical Inc is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 101-250 people and has $10M-$25M of revenue. The company is headquartered in New York City, New York.

What Benefits Does Speco Electrical Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Speco Electrical 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Speco Electrical Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Speco Electrical Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Speco Electrical Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Speco Electrical Inc

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

Speco Electrical Inc pays its employees an average of $54 per hour. The average salary at Speco Electrical Inc range from $48 to $62 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 Speco Electrical Inc employees get a higher salary than its peer company?

The salary at Speco Electrical Inc is higher than its peer company. The average annual salary at Speco Electrical Inc is $113,307, or an hourly wage of $54, in comparison to Borrell Electric Co Inc which pays $90,133 per year or $43 per hour.

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

Salary progression with years of experience at Speco Electrical 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 Speco Electrical Inc vary by office location?

Yes, it's very likely that salaries at Speco Electrical 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 New York section provides more context.

5. Does Speco Electrical Inc offer good benefits?

Speco Electrical 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 Speco Electrical Inc" section on this page.