Praters Salary

How much does the Praters Pay for employees?

As of July 2026, the average annual salary for employees at Praters in the United States is $82,939. This translates to an approximate hourly wage of $40. Salaries at Praters typically range from $73,097 to $93,564 annually, reflecting the diverse roles and experience levels within the company. Praters’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 Praters Pay for Different Roles?

Explore detailed salary information for specific jobs at Praters. 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 Praters

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

Is Praters’s Pay Competitive? Salary Benchmarking Analysis

How does Praters’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)
Praters
MFG Nondurable
Videri Chocolate Factory
Glutenfreeda Inc
Industry Comparison
Our data shows that, on average, compensation at Praters is below the average for the U.S. MFG Nondurable industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Praters average annual salary with several similar companies. Praters average salary of $82,939 is lower than Videri Chocolate Factory, which has an average salary of $87,939. It is lower than Glutenfreeda Inc, with their average salary at $85,386. This places Praters 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 Praters

Considering a career at Praters? 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.
Processes are followed but could be modernized. The culture is professional but may feel rigid and hierarchical. This manufacturing firm excels at blending tradition with innovation. Feedback is occasional, and employee input is always acted on quickly.
Colleagues are supportive, and management is always willing to listen to concerns and ideas. Everyone’s role feels important to the company’s success, and that helps create a great workplace culture. The emphasis on safety and process improvement shows they care about doing things right. At this company, employees experience a supportive workplace with a clear focus on safety and quality standards...
It's exciting to be part of a company that isn't afraid to invest in the future of manufacturing. I feel like my efforts make a difference, and that’s motivating. However, change and ideas for improvement are often delayed. Safety protocols are strictly enforced, creating a secure work environment. I appreciate the company's focus on continuous improvement, not just in our products but in our proc...

Praters Overview

Website
www.praters.com
Founded In
1955
Employees
<25 employees
Industry
MFG Nondurable
Headquarter Address
2206 114th St Lubbock Texas TX 79423
Revenue
$5 Million - $10 Million
Phone Number
+1 8067452727
Social Media
About Praters
Praters Foods has been producing delicious foods for over 60 years. We invite you to see our products or contact us and see how we can meet you needs.

What Benefits Does Praters Offer Beyond Salary?

A competitive compensation package is more than just a salary. Praters 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 Lubbock?

Understanding the cost of living near Lubbock is key to truly evaluating a salary offer or your current compensation at Praters.
Lubbock's Cost of Living Index is approximately 81.1 (18.9% less expensive than US average; 12.8% less than TX average). West TX city (Texas Tech Univ.), affordable. Citibus. When planning your budget based on a salary from Praters, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Praters salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (Citibus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,000 - $3,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Praters

1. How much does Praters in the United States pay?

Praters pays its employees an average of $82,939 per year. The average salary at Praters range from $73,097 to $93,564 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. Do Praters employees get a higher salary than its peer company?

The salary at Praters is lesser than its peer company. The average annual salary at Praters is $82,939, or an hourly wage of $40, in comparison to Videri Chocolate Factory which pays $87,939 per year or $42 per hour.

3. What are the highest paying jobs at Praters?

The higher-paying job at Praters, according to our data, include Director, Manufacturing (avg. $153,404 per year), Manager, Maintenance (avg. $109,992 per year), and Quality Assurance Lead (avg. $107,639 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Praters?

Salary progression with years of experience at Praters is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Praters vary by office location?

Yes, it's very likely that salaries at Praters vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Lubbock section provides more context.

6. Does Praters offer good benefits?

Praters typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Praters" section on this page.