Master Electric Co Salary

Master Electric Co Salary

How much does the Master Electric Co Pay for employees?

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As of July 2026, the average annual salary for employees at Master Electric Co in the United States is $93,687. This translates to an approximate hourly wage of $45. Salaries at Master Electric Co typically range from $82,527 to $105,746 annually, reflecting the diverse roles and experience levels within the company. Master Electric Co’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 Master Electric Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Master Electric Co. 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 Master Electric Co

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

Is Master Electric Co’s Pay Competitive? Salary Benchmarking Analysis

How does Master Electric Co’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
120k
100k
80k
60k
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Average Salary ($/year)
Master Electric Co
Construction
Cook Industrial Electric Co
Wagner Industrial Electric Inc
Industry Comparison
Our data shows that, on average, compensation at Master Electric Co is below the average for the U.S. Construction 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 Master Electric Co average annual salary with several similar companies. Master Electric Co average salary of $93,687 is higher than Cook Industrial Electric Co, which has an average salary of $81,631. It is higher than Wagner Industrial Electric Inc, with their average salary at $85,196. This places Master Electric Co in a competitive 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 Master Electric Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Master Electric Co. Click a company name to learn more.

Employee Reviews: Working at Master Electric Co

Considering a career at Master Electric Co? 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.
There are chances to travel and work on high-profile builds, which keeps things interesting. You know what to expect working here: predictable routines, clear instructions, and stable work. Being part of this company makes me feel valued and motivated every day. Company culture promotes respect and accountability.
Commented in May 26, 2025
39
0
Benefits are competitive, and work-life balance is encouraged. The organization’s commitment to environmental sustainability is impressive. Training exists but is more informal and hands-on. Pay is steady, but feedback is rare unless there's an issue. Schedules are fair, and job sites are run efficiently. We consistently receive positive feedback from subcontractors about our site organization and...
Commented in August 10, 2024
14
0
Diverse workforce with inclusive environment. There's immense pride in driving past a completed project and knowing you were part of its creation. The work is steady but uninspiring at times.
Commented in January 22, 2024
36
1

Master Electric Co Overview

Website
www.masterelectric.com
Founded In
1972
Employees
<25 employees
Industry
Construction
Headquarter Address
8555 W 123rd St Savage Minnesota MN 55378
Revenue
$10 Million - $50 Million
Phone Number
+1 9528903555
Social Media
About Master Electric Co
Master Electric provides 24/7 electrical service to commercial and industrial businesses as well as predictive and preventative services.

What Benefits Does Master Electric Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Master Electric Co 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 Master Electric Co.
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 Master Electric Co, 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 Master Electric Co 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 Master Electric Co

1. How much does Master Electric Co in the United States pay?

Master Electric Co pays its employees an average of $93,687 per year. The average salary at Master Electric Co range from $82,527 to $105,746 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. Do Master Electric Co employees get a higher salary than its peer company?

The salary at Master Electric Co is higher than its peer company. The average annual salary at Master Electric Co is $93,687, or an hourly wage of $45, in comparison to Cook Industrial Electric Co which pays $81,631 per year or $39 per hour.

3. What are the highest paying jobs at Master Electric Co?

The higher-paying job at Master Electric Co, according to our data, include Project Estimator (avg. $77,514 per year), Project Foreman (avg. $70,041 per year), and Electrical Engineer (avg. $68,197 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Master Electric Co?

Salary progression with years of experience at Master Electric Co 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.

5. Do salaries at Master Electric Co vary by office location?

Yes, it's very likely that salaries at Master Electric Co 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 Minneapolis section provides more context.

6. Does Master Electric Co offer good benefits?

Master Electric Co 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 Master Electric Co" section on this page.

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