Lou Reid & Associates Salary

Lou Reid & Associates Salary

How much does the Lou Reid & Associates Pay for employees?

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As of August 2026, the average annual salary for employees at Lou Reid & Associates in the United States is $95,913. This translates to an approximate hourly wage of $46. Salaries at Lou Reid & Associates typically range from $84,350 to $108,453 annually, reflecting the diverse roles and experience levels within the company. Lou Reid & Associates’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.

How Much Does Lou Reid & Associates Pay for Different Roles?

Explore detailed salary information for specific jobs at Lou Reid & Associates. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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 Lou Reid & Associates

Ready for your next career move? Explore current job openings at Lou Reid & Associates. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lou Reid & Associates’s Pay Competitive? Salary Benchmarking Analysis

How does Lou Reid & Associates’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
180k
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90k
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Average Salary ($/year)
Lou Reid & Associates
Retail & Wholesale
Egg Music
RepSource
Industry Comparison
Our data shows that, on average, compensation at Lou Reid & Associates is below the average for the U.S. Retail & Wholesale 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 Lou Reid & Associates average annual salary with several similar companies. Lou Reid & Associates average salary of $95,913 is lower than Egg Music, which has an average salary of $97,126. It is lower than RepSource, with their average salary at $102,421. This places Lou Reid & Associates in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Lou Reid & Associates's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Lou Reid & Associates. Click a company name to learn more.

Employee Reviews: Working at Lou Reid & Associates

Considering a career at Lou Reid & Associates? 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. The team is cooperative, and management is fair. It’s a good fit for those who prefer structured roles in retail. While there aren’t many flashy perks, the job security and structured workflow make it a reliable place to work.
Commented in April 08, 2025
30
2
The compensation is competitive, and there are frequent performance incentives. I appreciate the company’s commitment to employee growth. I’ve enjoyed my time here and appreciate the collaborative spirit. The workplace is structured, and tasks are evenly distributed.
Commented in March 14, 2025
34
2
Benefits are strong, making it a great long-term employer. Supportive environment for skill development. The Retail & Wholesale sector requires adaptability, and this company does well in keeping up with industry trends. The Retail & Wholesale industry is fast-paced, but the company provides excellent training programs to help employees adapt. The team here is collaborative and supportive. Coworke...
Commented in July 20, 2024
23
1

Lou Reid & Associates Overview

Website
www.loureidassoc.com
Founded In
1983
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
8800 Minnetonka Blvd Minneapolis Minnesota MN 55426
Revenue
<$5 Million
Phone Number
+1 9529331332
Social Media
About Lou Reid & Associates
Lou Reid & Associates is a company that operates in the Furniture industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Minneapolis, Minnesota.

What Benefits Does Lou Reid & Associates Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lou Reid & Associates 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 Lou Reid & Associates.
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 Lou Reid & Associates, 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 Lou Reid & Associates 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 Lou Reid & Associates

1. How much does a Lou Reid & Associates employee make?

Lou Reid & Associates pays its employees an average of $95,913 per year. The average salary at Lou Reid & Associates range from $84,350 to $108,453 per year. 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. Which similar company tend to pay more or less than Lou Reid & Associates?

The salary at Lou Reid & Associates is lesser than the similar company. The average annual salary at Lou Reid & Associates is $95,913, or an hourly wage of $46, in comparison to Egg Music which pays $97,126 per year or $47 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Lou Reid & Associates?

In many roles at Lou Reid & Associates, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a Lou Reid & Associates salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Lou Reid & Associates based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Lou Reid & Associates typically offer employees?

Lou Reid & Associates generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Lou Reid & Associates" section on this page.

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