Neway Oilfield Equipment Salary

How much does the Neway Oilfield Equipment Pay for employees?

As of August 2026, the average annual salary for employees at Neway Oilfield Equipment in the United States is $98,349. This translates to an approximate hourly wage of $47. Salaries at Neway Oilfield Equipment typically range from $86,467 to $111,282 annually, reflecting the diverse roles and experience levels within the company. Neway Oilfield Equipment’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 Neway Oilfield Equipment Pay for Different Roles?

Explore detailed salary information for specific jobs at Neway Oilfield Equipment. 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 Neway Oilfield Equipment

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

Is Neway Oilfield Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Neway Oilfield Equipment’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)
Neway Oilfield Equipment
Retail & Wholesale
Restaurant Equipment World Inc
Atlantic Culinary Environments Inc
Industry Comparison
Our data shows that, on average, compensation at Neway Oilfield Equipment is below the average for the U.S. Retail & Wholesale industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Neway Oilfield Equipment average annual salary with several similar companies. Neway Oilfield Equipment average salary of $98,349 is higher than Restaurant Equipment World Inc, which has an average salary of $91,725. It is higher than Atlantic Culinary Environments Inc, with their average salary at $92,527. This places Neway Oilfield Equipment 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.

Employee Reviews: Working at Neway Oilfield Equipment

Considering a career at Neway Oilfield Equipment? 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.
Highly recommend joining this organization. The company fosters a positive and inclusive work environment. Smooth onboarding process. Coworkers are cooperative, and management is fair.
The workplace is diverse and inclusive, fostering a positive atmosphere. The benefits are competitive, and the leadership is approachable. Standard retail job. The company has a strong reputation in the Retail & Wholesale industry, and employees take pride in their work.
I’ve gained valuable skills since joining. A no-drama workplace. Managers are approachable, and the team feels like family. Typical corporate structure. Management is responsive to feedback, and employee suggestions are often implemented. The company also organizes volunteer events, which adds a sense of purpose.
The hybrid work model (for corporate roles) is a great perk, allowing flexibility. The work is meaningful, and the team is motivated. Decent pay and quarterly incentives. The work is fast-paced but rewarding.
The company offers great growth opportunities, and the team culture is very collaborative. Enjoy my role here. There’s a strong sense of community, with volunteer opportunities and social events.

Neway Oilfield Equipment Overview

Website
www.newayoilequipment.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
9757 Stafford Centre Dr Stafford Texas TX 77477
Revenue
$10 Million - $50 Million
Phone Number
+1 2819695850
Social Media
About Neway Oilfield Equipment
Neway Oilfield Equipment is a company that operates in the Oil & Energy industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Stafford, Texas.

What Benefits Does Neway Oilfield Equipment Offer Beyond Salary?

A competitive compensation package is more than just a salary. Neway Oilfield Equipment 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Neway Oilfield Equipment.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Neway Oilfield Equipment, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Neway Oilfield Equipment salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Neway Oilfield Equipment

1. What is the estimated average total compensation at Neway Oilfield Equipment?

Salary.com estimates that the average total compensation package at Neway Oilfield Equipment, which can include base salary, potential bonuses, and benefits, is around $98,349 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Neway Oilfield Equipment pay compared to Restaurant Equipment World Inc?

The average annual salary at Neway Oilfield Equipment is $98,349, or an hourly wage of $47, in comparison to Restaurant Equipment World Inc which pays $91,725 per year or $44 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Neway Oilfield Equipment?

Salary progression from an entry-level to a senior role at Neway Oilfield Equipment 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 Neway Oilfield Equipment in Houston is fair given the local cost of living?

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

5. Are promotions at Neway Oilfield Equipment usually accompanied by a significant salary increase?

Yes, promotions at Neway Oilfield Equipment 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.