Peterson Electric Panel Mfg Co Salary

How much does the Peterson Electric Panel Mfg Co Pay for employees?

As of August 2026, the average annual salary for employees at Peterson Electric Panel Mfg Co in the United States is $92,295. This translates to an approximate hourly wage of $44. Salaries at Peterson Electric Panel Mfg Co typically range from $81,290 to $104,136 annually, reflecting the diverse roles and experience levels within the company. Peterson Electric Panel Mfg 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 Peterson Electric Panel Mfg Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Peterson Electric Panel Mfg 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 Peterson Electric Panel Mfg Co

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

Is Peterson Electric Panel Mfg Co’s Pay Competitive? Salary Benchmarking Analysis

How does Peterson Electric Panel Mfg 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
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Average Salary ($/year)
Peterson Electric Panel Mfg Co
MFG Durable
Carl T Jones Corp
Amazing Signs
Industry Comparison
Our data shows that, on average, compensation at Peterson Electric Panel Mfg Co is below the average for the U.S. MFG Durable industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Peterson Electric Panel Mfg Co average annual salary with several similar companies. Peterson Electric Panel Mfg Co average salary of $92,295 is lower than Carl T Jones Corp, which has an average salary of $97,326. It is lower than Amazing Signs, with their average salary at $99,510. This places Peterson Electric Panel Mfg Co 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.

Employee Reviews: Working at Peterson Electric Panel Mfg Co

Considering a career at Peterson Electric Panel Mfg 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.
It feels good to contribute to a company that is a leader in its field and also a great employer. Tools and resources are adequate and it is somehow cutting-edge. I've taken part in several skills development workshops and internal certification programs. The company culture is respectful but somewhat rigid, with little room for creative input or flexibility in processes. The manufacturing environ...
They invest in their employees through skills development and promoting from within. Training is comprehensive, covering technical skills and leadership development. Comprehensive training enhances team skills and knowledge. It’s not just a job—it’s a place where your contribution truly matters every day. The production facilities are modern and well-maintained, with cutting-edge automation that e...
From day one, it's clear that employee well-being is the utmost priority, with thorough training and readily available resources. They combine a strong commitment to producing quality products with an equally strong commitment to their employees' well-being and development. Safety drills and PPE availability show that employee well-being is taken seriously.

Peterson Electric Panel Mfg Co Overview

Website
www.petersonpanel.com
Founded In
1965
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
5550 Mcdermott Dr Berkeley Illinois IL 60163
Revenue
<$5 Million
Phone Number
+1 7084492270
Social Media
About Peterson Electric Panel Mfg Co
Peterson Electric Panel Mfg Co is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Berkeley, Illinois.

What Benefits Does Peterson Electric Panel Mfg Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Peterson Electric Panel Mfg 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Peterson Electric Panel Mfg Co.
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 Peterson Electric Panel Mfg Co, 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 Peterson Electric Panel Mfg Co 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 Peterson Electric Panel Mfg Co

1. What is the estimated average total compensation at Peterson Electric Panel Mfg Co?

Salary.com estimates that the average total compensation package at Peterson Electric Panel Mfg Co, which can include base salary, potential bonuses, and benefits, is around $92,295 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Peterson Electric Panel Mfg Co pay compared to Carl T Jones Corp?

The average annual salary at Peterson Electric Panel Mfg Co is $92,295, or an hourly wage of $44, in comparison to Carl T Jones Corp which pays $97,326 per year or $47 per hour.

3. Do salaries differ significantly between departments at Peterson Electric Panel Mfg Co?

Yes, salaries often differ between departments at Peterson Electric Panel Mfg Co 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Peterson Electric Panel Mfg Co?

Salary progression from an entry-level to a senior role at Peterson Electric Panel Mfg Co 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.

5. How can I determine if a salary offer from Peterson Electric Panel Mfg Co in Chicago is fair given the local cost of living?

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

6. Are promotions at Peterson Electric Panel Mfg Co usually accompanied by a significant salary increase?

Yes, promotions at Peterson Electric Panel Mfg Co 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.