NuWay Electronics Salary

NuWay Electronics Salary

How much does the NuWay Electronics Pay for employees?

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As of July 2026, the average annual salary for employees at NuWay Electronics in the United States is $99,088. This translates to an approximate hourly wage of $48. Salaries at NuWay Electronics typically range from $87,118 to $112,086 annually, reflecting the diverse roles and experience levels within the company. NuWay Electronics’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 NuWay Electronics

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

Is NuWay Electronics’s Pay Competitive? Salary Benchmarking Analysis

How does NuWay Electronics’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)
NuWay Electronics
Retail & Wholesale
DG Electronics
Tak Electronics
Industry Comparison
Our data shows that, on average, compensation at NuWay Electronics 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 NuWay Electronics average annual salary with several similar companies. NuWay Electronics average salary of $99,088 is higher than DG Electronics, which has an average salary of $95,544. It is higher than Tak Electronics, with their average salary at $97,896. This places NuWay Electronics in a competitive position among its peers.
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How NuWay Electronics's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at NuWay Electronics

Considering a career at NuWay Electronics? 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.
Company values work-life balance. Proud to work here. The Wholesale team is efficient, and the company provides good resources. There are regular training sessions, and promotions are based on merit. Leadership is engaged and always looking for ways to improve employee satisfaction. The workplace culture is inclusive, and team events make it easy to connect with colleagues.
Commented in April 14, 2025
50
2
The teamwork here is fantastic—everyone supports each other. The team feels like a second family. Leadership communicates well, making employees feel valued. While there aren’t many flashy perks, the basics like health benefits and paid time off are covered.
Commented in April 06, 2025
31
2
I’ve had opportunities to take on new responsibilities, which has helped me grow professionally. It’s a stable workplace with a focus on steady progress rather than rapid changes. The Retail & Wholesale industry is fast-paced, but the company provides excellent training and resources to help you succeed.
Commented in January 25, 2025
42
2
The positive work environment makes it a great place for long-term growth in the retail sector. I’ve had opportunities to take on new challenges, which has helped my career growth. I also appreciate the training programs that help employees upskill. Training is adequate, though more development programs would be beneficial. Leadership is engaged and encourages innovation.
Commented in June 28, 2024
19
3
Colleagues are cooperative, and shifts are scheduled fairly. The retail sector can be demanding, but the company ensures employees have the tools they need. Compensation is competitive, and there are frequent incentives for high performers.
Commented in January 31, 2024
33
0

NuWay Electronics Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
Tm 165 Martin Ln Elk Grove Village Illinois IL 60007
Revenue
<$5 Million
Phone Number
-
Social Media
About NuWay Electronics
NuWay Electronics is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Elk Grove Village, Illinois.

What Benefits Does NuWay Electronics Offer Beyond Salary?

A competitive compensation package is more than just a salary. NuWay Electronics 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 NuWay Electronics.
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 NuWay Electronics, 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 NuWay Electronics 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 NuWay Electronics

1. How much does a NuWay Electronics employee make?

NuWay Electronics pays its employees an average of $99,088 per year. The average salary at NuWay Electronics range from $87,118 to $112,086 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 NuWay Electronics?

The salary at NuWay Electronics is higher than the similar company. The average annual salary at NuWay Electronics is $99,088, or an hourly wage of $48, in comparison to DG Electronics which pays $95,544 per year or $46 per hour.

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

In many roles at NuWay Electronics, 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 Chicago affect the perceived value of a NuWay Electronics salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from NuWay Electronics based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does NuWay Electronics typically offer employees?

NuWay Electronics 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 NuWay Electronics" section on this page.

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