Hy - Gain Electronics Corp Salary

How much does the Hy - Gain Electronics Corp Pay for employees?

As of July 2026, the average annual salary for employees at Hy - Gain Electronics Corp in the United States is $100,807. This translates to an approximate hourly wage of $48. Salaries at Hy - Gain Electronics Corp typically range from $88,611 to $114,086 annually, reflecting the diverse roles and experience levels within the company. Hy - Gain Electronics Corp’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 Hy - Gain Electronics Corp

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Is Hy - Gain Electronics Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Hy - Gain Electronics Corp’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
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Average Salary ($/year)
Hy - Gain Electronics Corp
Retail & Wholesale
Box Electronics Inc
Nu Electronics Inc
Industry Comparison
Our data shows that, on average, compensation at Hy - Gain Electronics Corp is below the average for the U.S. Retail & Wholesale industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Hy - Gain Electronics Corp average annual salary with several similar companies. Hy - Gain Electronics Corp average salary of $100,807 is lower than Box Electronics Inc, which has an average salary of $102,674. It is higher than Nu Electronics Inc, with their average salary at $100,638. This places Hy - Gain Electronics Corp in a mid-range position among its peers.
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Employee Reviews: Working at Hy - Gain Electronics Corp

Considering a career at Hy - Gain Electronics Corp? 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 company follows a structured approach to operations. It’s a stable environment. The company invests in technology to streamline operations, making daily tasks more efficient. The company operates efficiently, and the workload is predictable. Benefits are in line with industry standards.
There are occasional training sessions to help with skill development. I’ve gained valuable knowledge and feel appreciated in my position. The company also hosts fun team-building events, making the workplace enjoyable. This company provides a great work atmosphere. The company follows industry standards in terms of benefits and policies. The job is steady with a balanced workload.
This company is an excellent place to grow in the retail sector. There’s room for improvement in terms of perks, but the basics like health coverage and paid time off are covered. The retail side is dynamic, and managers are supportive.

Hy - Gain Electronics Corp Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
9600 Aldrich Ave S Minneapolis Minnesota MN 55420
Revenue
<$5 Million
Phone Number
-
Social Media
About Hy - Gain Electronics Corp
Hy - Gain Electronics Corp is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Minneapolis, Minnesota.

What Benefits Does Hy - Gain Electronics Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hy - Gain Electronics Corp 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Hy - Gain Electronics Corp.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Hy - Gain Electronics Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Hy - Gain Electronics Corp salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hy - Gain Electronics Corp

1. What is the typical salary range (low to high) for most roles at Hy - Gain Electronics Corp?

The typical annual salary range for most roles at Hy - Gain Electronics Corp is approximately from $88,611 to $114,086. 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. How much does Hy - Gain Electronics Corp pay compared to Box Electronics Inc?

The average annual salary at Hy - Gain Electronics Corp is $100,807, or an hourly wage of $48, in comparison to Box Electronics Inc which pays $102,674 per year or $49 per hour.

3. How does experience level affect salary at Hy - Gain Electronics Corp?

Experience level is a significant factor in determining salary at Hy - Gain Electronics Corp, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Hy - Gain Electronics Corp in Minneapolis is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Hy - Gain Electronics Corp?

Several key factors influence salary levels at Hy - Gain Electronics Corp. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Hy - Gain Electronics Corp likely benchmarks its salaries against other companies in the Retail & Wholesale sector. You can explore how these factors play out in our detailed salary data.