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Philips Products Inc Salary

How much does the Philips Products Inc Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Philips Products Inc

Current Job Openings at Philips Products Inc

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Is Philips Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Philips Products 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

180k

150k

120k

90k

60k

30k

Average Salary ($/year)

Philips Products Inc

Retail & Wholesale

Service Lighting Inc

Hyundai Digitech Inc

Industry Comparison

Our data shows that, on average, compensation at Philips Products Inc is below the average for the U.S. Retail & Wholesale 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 Philips Products Inc average annual salary with several similar companies. Philips Products Inc average salary of $93,930 is lower than Service Lighting Inc, which has an average salary of $99,626. It is higher than Hyundai Digitech Inc, with their average salary at $86,968. This places Philips Products Inc in a mid-range position among its peers.

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How Philips Products Inc's Salaries Compare to Similar Companies?

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

Service Lighting Inc

$99,626 / year

Salary Range: $87,594 - $112,708

Maple Grove, MN

Hyundai Digitech Inc

$86,968 / year

Salary Range: $76,451 - $98,417

Columbus, GA

Randall Supply Co

$91,820 / year

Salary Range: $80,731 - $103,868

Grand Junction, CO

Skylyne Machine & Supply Inc

$88,044 / year

Salary Range: $77,404 - $99,600

Sterling, CO

Terrybear Inc

$100,944 / year

Salary Range: $88,749 - $114,196

Saint Paul, MN

Dp Products LLC

$91,303 / year

Salary Range: $80,273 - $103,282

Burton, OH

Tick Key Products LLC

$101,788 / year

Salary Range: $89,491 - $115,147

Reading, MA

Advanced Supply Company Inc

$88,403 / year

Salary Range: $77,725 - $100,002

Duluth, MN

Mg International Supplies LLC

$89,574 / year

Salary Range: $78,761 - $101,331

Miami, FL

Employee Reviews: Working at Philips Products Inc

Considering a career at Philips Products 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 retail team works well together, and there’s a strong emphasis on customer service. I love the fast-paced environment and the people I work with. Friendly workplace with good communication from leadership. Benefits include health insurance, retirement plans, and performance incentives. I’ve built strong relationships with my colleagues, and management is always open to new ideas.

Commented in March 23, 2025

The work-life balance is good, and there are opportunities for growth. Communication is clear, and the workload is balanced. Joining this company was one of the best career decisions I’ve made. Enjoy coming to work every day. The benefits package is a strong plus. Working at this company has been a great experience. Smooth onboarding process. I’ve had a positive experience and appreciate the work-...

Commented in December 21, 2024

Benefits like health insurance and bonuses make it a rewarding workplace. Would recommend to anyone looking for a solid employer in wholesale. The retail team is cohesive, and the company invests in employee growth.

Commented in March 06, 2024

Philips Products Inc Overview

Website

Data pending, update soon.

Founded In

1999

Employees

25 - 50 employees

Industry

Retail & Wholesale

Headquarter Address

1551 Wewatta St Denver Colorado CO 80202

Revenue

$5 Million - $10 Million

Phone Number

About Philips Products Inc

Philips Products Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Denver, Colorado.

What Benefits Does Philips Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Philips Products 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Denver?

Understanding the cost of living near Denver is key to truly evaluating a salary offer or your current compensation at Philips Products Inc.

Denver's Cost of Living Index is approximately 112.1 (12.1% more expensive than US average; 6.5% more than CO average). Housing costs are the primary driver above US average, high demand, vibrant city. Light Rail/Bus (RTD). When planning your budget based on a salary from Philips Products Inc, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,600 - $2,400+	A significant portion of Philips Products Inc salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $220	Electricity, Heating, Cooling, Water etc.
Public Transportation	$114 (RTD monthly regional pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$420 - $620	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)	$3,044 - $4,694+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Philips Products Inc

1. What is the average salary for employees at Philips Products Inc?

The average annual total compensation for employees at Philips Products Inc is approximately $93,930. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,582 to $106,258, depending on factors like job role, experience, and location.

2. How much does Philips Products Inc pay compared to Service Lighting Inc?

The average annual salary at Philips Products Inc is $93,930, or an hourly wage of $45, in comparison to Service Lighting Inc which pays $99,626 per year or $48 per hour.

3. How does having a professional certification impact salary for relevant roles at Philips Products Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Philips Products Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Philips Products Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Denver?

While some companies offer formal COLA, many, including potentially Philips Products Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Philips Products Inc?

Most companies, likely including Philips Products Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.