Raym-Co Inc Salary

How much does the Raym-Co Inc Pay for employees?

As of July 2026, the average annual salary for employees at Raym-Co Inc in the United States is $102,294. This translates to an approximate hourly wage of $49. Salaries at Raym-Co Inc typically range from $90,050 to $115,525 annually, reflecting the diverse roles and experience levels within the company. Raym-Co 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 Raym-Co Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Raym-Co 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.
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Current Job Openings at Raym-Co Inc

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

Is Raym-Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Raym-Co 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
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Average Salary ($/year)
Raym-Co Inc
MFG Durable
Meriden Manufacturing Inc
Nieco Corp
Industry Comparison
Our data shows that, on average, compensation at Raym-Co Inc is below the average for the U.S. MFG Durable industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Raym-Co Inc average annual salary with several similar companies. Raym-Co Inc average salary of $102,294 is lower than Meriden Manufacturing Inc, which has an average salary of $103,202. It is lower than Nieco Corp, with their average salary at $104,995. This places Raym-Co 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.

Employee Reviews: Working at Raym-Co Inc

Considering a career at Raym-Co 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.
There are real opportunities for growth here. Strong leadership drives our team’s success daily. Employees receive regular training to enhance their skills and stay current with industry advancements. The work gets done efficiently, but there’s little emotional investment from the team.
Daily goals are realistic, and workloads are evenly distributed. Management truly values every team member’s input and ensures open communication. Feedback is occasional, and employee input is always acted on quickly. Equipment is mostly reliable, but support during breakdowns can lag. They also genuinely care about employee input, often implementing suggestions from the shop floor.
Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency. Despite having employees across multiple shifts, there's a strong sense of teamwork and mutual respect. A very supportive place to work, with clear career paths and goals for every employee. Safety practices exist but are sometimes unevenly applied. The work her...
Safety procedures are in place but enforcement is uneven. This organization offers employees a stable and well-structured manufacturing environment focused on safety and quality. Recognition initiatives regularly highlight employee contributions, creating a positive and motivating work environment. Communication is average; could be more transparent.
The organization values innovation and continuous process improvement, encouraging employees to contribute ideas. They invest in their employees through skills development and promoting from within. The safety programs are world-class, with regular training and cutting-edge protective equipment.

Raym-Co Inc Overview

Website
www.raymco.com
Founded In
1978
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
62 Spring Ln Farmington Connecticut CT 06032
Revenue
$10 Million - $50 Million
Phone Number
+1 8606788292
Social Media
About Raym-Co Inc
Founded in 1978 Raym-Co is an expert at fabricating both metals and plastics. Our 35,000 sq. ft. facility is home to the latest in machining and fabricating equipment.

What Benefits Does Raym-Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Raym-Co 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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What Is the Cost of Living Near Hartford?

Understanding the cost of living near Hartford is key to truly evaluating a salary offer or your current compensation at Raym-Co Inc.
Hartford's Cost of Living Index is approximately 99.2 (0.8% less expensive than US average; 7.9% less than CT average). State capital, 'Insurance Capital', housing is relatively affordable for a NE city. CTtransit, CTfastrak. When planning your budget based on a salary from Raym-Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Raym-Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,573 - $4,033+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Raym-Co Inc

1. How much does Raym-Co Inc in the United States pay?

Raym-Co Inc pays its employees an average of $102,294 per year. The average salary at Raym-Co Inc range from $90,050 to $115,525 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 Raym-Co Inc employees get a higher salary than its peer company?

The salary at Raym-Co Inc is lesser than its peer company. The average annual salary at Raym-Co Inc is $102,294, or an hourly wage of $49, in comparison to Meriden Manufacturing Inc which pays $103,202 per year or $50 per hour.

3. What are the highest paying jobs at Raym-Co Inc?

The higher-paying job at Raym-Co Inc, according to our data, include President (avg. $791,849 per year), Manager, Quality (avg. $110,905 per year), and Manufacturing Engineer (avg. $103,617 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Raym-Co Inc?

Salary progression with years of experience at Raym-Co Inc 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 Raym-Co Inc vary by office location?

Yes, it's very likely that salaries at Raym-Co Inc 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 Hartford section provides more context.

6. Does Raym-Co Inc offer good benefits?

Raym-Co Inc 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 Raym-Co Inc" section on this page.