Hy - Gain Electronics Corp Salary

Hy - Gain Electronics Corp Salary

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

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As of August 2026, the average hourly salary for employees at Hy - Gain Electronics Corp in the United States is $48. This translates to an approximate annual wage of $100,807. Salaries at Hy - Gain Electronics Corp typically range from $43 to $55 hourly, 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

Ready for your next career move? Explore current job openings at Hy - Gain Electronics Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

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 hourly 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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Companies Similar to Hy - Gain Electronics Corp and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Hy - Gain Electronics Corp. Click a company name to learn more.

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.
Commented in February 08, 2025
12
3
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.
Commented in June 04, 2024
43
3
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.
Commented in January 30, 2024
33
2

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 estimated average total compensation at Hy - Gain Electronics Corp?

Salary.com estimates that the average total compensation package at Hy - Gain Electronics Corp, which can include base salary, potential bonuses, and benefits, is around $48 per hour . Total compensation provides a more holistic view of an employee's earnings.

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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Hy - Gain Electronics Corp?

Salary progression from an entry-level to a senior role at Hy - Gain Electronics Corp 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 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. Are promotions at Hy - Gain Electronics Corp usually accompanied by a significant salary increase?

Yes, promotions at Hy - Gain Electronics Corp 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.

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