New Platinum Electronics Inc Salary

How much does the New Platinum Electronics Inc Pay for employees?

As of August 2026, the average hourly salary for employees at New Platinum Electronics Inc in the United States is $55. This translates to an approximate annual wage of $115,079. Salaries at New Platinum Electronics Inc typically range from $49 to $63 hourly, reflecting the diverse roles and experience levels within the company. New Platinum Electronics 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 New Platinum Electronics Inc

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Is New Platinum Electronics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does New Platinum Electronics Inc’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)
New Platinum Electronics Inc
Retail & Wholesale
Molye Chevrolet Inc
Brigadeiro Bakery
Industry Comparison
Our data shows that, on average, compensation at New Platinum Electronics Inc is below the average for the U.S. Retail & Wholesale industry by approximately 7%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared New Platinum Electronics Inc average annual salary with several similar companies. New Platinum Electronics Inc average salary of $115,079 is higher than Molye Chevrolet Inc, which has an average salary of $88,519. It is higher than Brigadeiro Bakery, with their average salary at $107,695. This places New Platinum Electronics Inc in a competitive position among its peers.
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Employee Reviews: Working at New Platinum Electronics Inc

Considering a career at New Platinum Electronics 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.
The team is helpful, and communication is effective. Enjoy the flexible hours. Everyone works together to achieve goals, and management is supportive. Communication from management is consistent. The company also emphasizes diversity and inclusion, which creates a supportive atmosphere.
Coworkers are friendly, and teamwork is encouraged. Compensation is fair, and bonuses are performance-based, which keeps me motivated. The management is supportive and provides ample opportunities for growth. The company provides standard benefits, and the office setup is functional. The company maintains a professional atmosphere with reasonable expectations. Compensation is competitive, and perf...
The retail operations run smoothly. The company also offers good retirement benefits. Good benefits and fair pay. The work-life balance is good, and there are opportunities for growth. Expectations are communicated clearly.

New Platinum Electronics Inc Overview

Website
Data pending, update soon.
Founded In
2018
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
2606 18th St Astoria New York NY 11102
Revenue
<$5 Million
Phone Number
-
Social Media
About New Platinum Electronics Inc
New Platinum Electronics Inc 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 Astoria, New York.

What Benefits Does New Platinum Electronics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. New Platinum Electronics 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at New Platinum Electronics Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from New Platinum Electronics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of New Platinum Electronics Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of New Platinum Electronics Inc

1. How much does a New Platinum Electronics Inc employee make?

New Platinum Electronics Inc pays its employees an average of $55 per hour. The average salary at New Platinum Electronics Inc range from $49 to $63 per hour. 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 New Platinum Electronics Inc?

The salary at New Platinum Electronics Inc is higher than the similar company. The average annual salary at New Platinum Electronics Inc is $115,079, or an hourly wage of $55, in comparison to Molye Chevrolet Inc which pays $88,519 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at New Platinum Electronics Inc?

In many roles at New Platinum Electronics Inc, 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 New York affect the perceived value of a New Platinum Electronics Inc salary?

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from New Platinum Electronics Inc based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does New Platinum Electronics Inc typically offer employees?

New Platinum Electronics Inc 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 New Platinum Electronics Inc" section on this page.