Salary AI Book a Demo
Olson & Sons Electric Inc Salary

Olson & Sons Electric Inc Salary

How much does the Olson & Sons Electric Inc Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at Olson & Sons Electric Inc in the United States is $85,439. This translates to an approximate hourly wage of $41. Salaries at Olson & Sons Electric Inc typically range from $75,278 to $96,417 annually, reflecting the diverse roles and experience levels within the company. Olson & Sons Electric 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.

How Much Does Olson & Sons Electric Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Olson & Sons Electric Inc. 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.
How accurate does the salary look to you?

Current Job Openings at Olson & Sons Electric Inc

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

Is Olson & Sons Electric Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Olson & Sons Electric Inc’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
40k
20k
0
Average Salary ($/year)
Olson & Sons Electric Inc
Construction
JR Electrical LLC
Magney Construction Inc
Industry Comparison
Our data shows that, on average, compensation at Olson & Sons Electric Inc is below the average for the U.S. Construction industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Olson & Sons Electric Inc average annual salary with several similar companies. Olson & Sons Electric Inc average salary of $85,439 is lower than JR Electrical LLC, which has an average salary of $85,787. It is lower than Magney Construction Inc, with their average salary at $91,609. This places Olson & Sons Electric Inc 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 Olson & Sons Electric Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Olson & Sons Electric Inc

Considering a career at Olson & Sons Electric 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.
It’s a good place to start a career or gain technical experience, though long-term growth requires patience and networking internally. For an organization their protocols are meticulously implemented, and employee well-being is clearly a top priority. I appreciate the company’s commitment to sustainability and innovative construction methods. It makes me genuinely proud to be part of this dedicate...
Commented in March 24, 2025
32
1
Long days and physical work are part of the job. Work is steady but sometimes repetitive. Project changes can happen suddenly with little notice. Diverse projects offer great learning opportunities. One of the best things about this company is its focus on employee development. Good benefits and fair compensation for skilled labor. Plus, the opportunities for advancement are plentiful for those wi...
Commented in February 02, 2025
39
3
They genuinely invest in their workforce. I appreciate the recognition programs that celebrate hard work and dedication. This proactive approach shows they are engaged and dedicated to maintaining a positive, productive, and equitable work environment for everyone on the construction team, which is greatly appreciated by all. Benefits are average. There’s a top-down leadership style, and decisions...
Commented in January 15, 2024
11
0

Olson & Sons Electric Inc Overview

Website
www.olsonandsons.com
Founded In
1959
Employees
<25 employees
Industry
Construction
Headquarter Address
19 Sandberg Rd Monticello Minnesota MN 55362
Revenue
<$5 Million
Phone Number
+1 7632952690
Social Media
About Olson & Sons Electric Inc
Olson & Sons Electric Inc is a company that operates in the Construction industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Monticello, Minnesota.

What Benefits Does Olson & Sons Electric Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Olson & Sons Electric 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)
Work at Olson & Sons Electric Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

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 Olson & Sons Electric Inc.
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 Olson & Sons Electric Inc, 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 Olson & Sons Electric Inc 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 Olson & Sons Electric Inc

1. What is the typical salary range (low to high) for most roles at Olson & Sons Electric Inc?

The typical annual salary range for most roles at Olson & Sons Electric Inc is approximately from $75,278 to $96,417. 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. How much does Olson & Sons Electric Inc pay compared to JR Electrical LLC?

The average annual salary at Olson & Sons Electric Inc is $85,439, or an hourly wage of $41, in comparison to JR Electrical LLC which pays $85,787 per year or $41 per hour.

3. Do salaries differ significantly between departments at Olson & Sons Electric Inc?

Yes, salaries often differ between departments at Olson & Sons Electric Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Olson & Sons Electric Inc?

Experience level is a significant factor in determining salary at Olson & Sons Electric Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Olson & Sons Electric Inc in Minneapolis is fair given the local cost of living?

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

6. Why might an individual's actual salary at Olson & Sons Electric Inc differ from the ranges shown here?

An individual's actual salary at Olson & Sons Electric Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning