Illinois Precision Drilling Co. Inc Salary

How much does the Illinois Precision Drilling Co. Inc Pay for employees?

As of May 2026, the average annual salary for employees at Illinois Precision Drilling Co. Inc in the United States is $101,567. This translates to an approximate hourly wage of $49. Salaries at Illinois Precision Drilling Co. Inc typically range from $89,427 to $114,623 annually, reflecting the diverse roles and experience levels within the company. Illinois Precision Drilling Co. 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 Illinois Precision Drilling Co. Inc

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Is Illinois Precision Drilling Co. Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Illinois Precision Drilling Co. Inc’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)
Illinois Precision Drilling Co. Inc
Energy & Utilities
Palo Pinto Drilling Programs Limited Partnership 1978
Eni Diversified Drilling Program 1981
Industry Comparison
Our data shows that, on average, compensation at Illinois Precision Drilling Co. Inc is below the average for the U.S. Energy & Utilities industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Illinois Precision Drilling Co. Inc average annual salary with several similar companies. Illinois Precision Drilling Co. Inc average salary of $101,567 is higher than Palo Pinto Drilling Programs Limited Partnership 1978, which has an average salary of $91,430. It is higher than Eni Diversified Drilling Program 1981, with their average salary at $87,053. This places Illinois Precision Drilling Co. Inc in a competitive position among its peers.
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Employee Reviews: Working at Illinois Precision Drilling Co. Inc

Considering a career at Illinois Precision Drilling Co. 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.
This makes the job feel secure but sometimes overly rigid, especially when quick decisions are needed. The company actively supports sustainability and responsible energy use. The company runs efficiently. Renewable initiatives are transparent and impactful, and support from leadership is strong and consistent. Projects progress as planned, but motivation and inspiration from senior roles could be...
The critical nature of the utilities sector means our work is always important. It’s a stable, mission-driven environment with room to grow and the satisfaction of working on essential services. It’s refreshing to work for an organization that values both performance and quality of life. There are robust training programs that prepare you for career advancement, and the company invests in both peo...
They care about employees, the planet, and the future of clean energy. Equipment is functional, but some updates would improve efficiency. Pay is competitive and consistent.

Illinois Precision Drilling Co. Inc Overview

Website
Data pending, update soon.
Founded In
2000
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
1 Bronze Pointe Blvd Belleville Illinois IL 62226
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Illinois Precision Drilling Co. Inc
Illinois Precision Drilling Co. Inc is a company that operates in the Oil & Energy industry. It employs 21-50 people and has $50M-$100M of revenue. The company is headquartered in Belleville, Illinois.

What Benefits Does Illinois Precision Drilling Co. Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Illinois Precision Drilling Co. 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Illinois Precision Drilling Co. Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Illinois Precision Drilling Co. Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Illinois Precision Drilling Co. Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Illinois Precision Drilling Co. Inc

1. What is the typical salary range (low to high) for most roles at Illinois Precision Drilling Co. Inc?

The typical annual salary range for most roles at Illinois Precision Drilling Co. Inc is approximately from $89,427 to $114,623. 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 Illinois Precision Drilling Co. Inc pay compared to Palo Pinto Drilling Programs Limited Partnership 1978?

The average annual salary at Illinois Precision Drilling Co. Inc is $101,567, or an hourly wage of $49, in comparison to Palo Pinto Drilling Programs Limited Partnership 1978 which pays $91,430 per year or $44 per hour.

3. How does experience level affect salary at Illinois Precision Drilling Co. Inc?

Experience level is a significant factor in determining salary at Illinois Precision Drilling Co. Inc, 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 Illinois Precision Drilling Co. Inc in Chicago is fair given the local cost of living?

To determine if a salary offer from Illinois Precision Drilling Co. Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Illinois Precision Drilling Co. Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

5. What are the key factors that influence salary levels at Illinois Precision Drilling Co. Inc?

Several key factors influence salary levels at Illinois Precision Drilling Co. Inc. 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: Illinois Precision Drilling Co. Inc likely benchmarks its salaries against other companies in the Energy & Utilities sector. You can explore how these factors play out in our detailed salary data.