Solomons Mining Co Salary

How much does the Solomons Mining Co Pay for employees?

As of August 2026, the average annual salary for employees at Solomons Mining Co in the United States is $86,863. This translates to an approximate hourly wage of $42. Salaries at Solomons Mining Co typically range from $76,506 to $98,027 annually, reflecting the diverse roles and experience levels within the company. Solomons Mining 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.
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Current Job Openings at Solomons Mining Co

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Is Solomons Mining Co’s Pay Competitive? Salary Benchmarking Analysis

How does Solomons Mining 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)
Solomons Mining Co
Energy & Utilities
husky coal co Inc
Colorado Lode Mine Co. Inc
Industry Comparison
Our data shows that, on average, compensation at Solomons Mining Co is below the average for the U.S. Energy & Utilities industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Solomons Mining Co average annual salary with several similar companies. Solomons Mining Co average salary of $86,863 is higher than husky coal co Inc, which has an average salary of $86,536. It is lower than Colorado Lode Mine Co. Inc, with their average salary at $112,283. This places Solomons Mining Co in a mid-range 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 Solomons Mining Co

Considering a career at Solomons Mining 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.
Employees feel proud knowing their work powers homes and businesses sustainably. Knowing that my role is secure lets me plan for my family’s future with confidence, which is a priceless benefit. This organization understands the value of its employees. Safety procedures are in place but occasionally inconsistently applied across teams.
Communication tends to be formal and top-down with limited feedback opportunities. The company runs efficiently. It’s exciting to be part of infrastructure that really makes a difference in people’s lives.
It suits those looking for long-term employment and job security. I’ve had the opportunity to attend multiple training workshops and conferences. Excellent customer service and response time. It helps everyone feel aligned and informed. There’s a strong emphasis on cross-functional teamwork, problem-solving, and knowledge sharing to ensure seamless service delivery and emergency response.
The work environment is professional but sometimes bureaucratic and resistant to change. Coworkers are mostly focused on their own work. Company values environmental responsibility and clean energy. Professional growth opportunities are abundant, from technical certifications to leadership development. A traditional company with a focus on core operations. The work is important, though sometimes r...
Projects are challenging yet rewarding, and management encourages feedback. Innovative solutions to modern energy challenges. You learn more on the job. Projects feel purposeful and impactful. Flexible scheduling promotes work-life balance.

Solomons Mining Co Overview

Website
Data pending, update soon.
Founded In
1988
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
484 Tollage Crk Pikeville Kentucky KY 41501
Revenue
$10 Million - $50 Million
Phone Number
+1 6062189101
Social Media
About Solomons Mining Co
Solomons Mining Co is a company that operates in the Mining & Metals industry. It employs 21-50 people and has $25M-$50M of revenue. The company is headquartered in Pikeville, Kentucky.

What Benefits Does Solomons Mining Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Solomons Mining 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 Lexington?

Understanding the cost of living near Lexington is key to truly evaluating a salary offer or your current compensation at Solomons Mining Co.
Lexington's Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 2.6% less than KY average). 'Horse Capital', Univ. of Kentucky, housing affordable. Lextran bus. When planning your budget based on a salary from Solomons Mining Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Solomons Mining Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (Lextran monthly pass, free for UK) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Solomons Mining Co

1. What is the typical salary range (low to high) for most roles at Solomons Mining Co?

The typical annual salary range for most roles at Solomons Mining Co is approximately from $76,506 to $98,027. 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 Solomons Mining Co pay compared to husky coal co Inc?

The average annual salary at Solomons Mining Co is $86,863, or an hourly wage of $42, in comparison to husky coal co Inc which pays $86,536 per year or $42 per hour.

3. How does experience level affect salary at Solomons Mining Co?

Experience level is a significant factor in determining salary at Solomons Mining Co, 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.

4. How can I determine if a salary offer from Solomons Mining Co in Lexington is fair given the local cost of living?

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

5. Why might an individual's actual salary at Solomons Mining Co differ from the ranges shown here?

An individual's actual salary at Solomons Mining Co 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.