Steele Waseca Co-op Electric Salary

How much does the Steele Waseca Co-op Electric Pay for employees?

As of August 2026, the average annual salary for employees at Steele Waseca Co-op Electric in the United States is $91,979. This translates to an approximate hourly wage of $44. Salaries at Steele Waseca Co-op Electric typically range from $81,024 to $103,758 annually, reflecting the diverse roles and experience levels within the company. Steele Waseca Co-op Electric’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 Steele Waseca Co-op Electric Pay for Different Roles?

Explore detailed salary information for specific jobs at Steele Waseca Co-op Electric. 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 Steele Waseca Co-op Electric

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

Is Steele Waseca Co-op Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Steele Waseca Co-op Electric’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)
Steele Waseca Co-op Electric
Energy & Utilities
Barry Electric Cooperative
Lamar Electric
Industry Comparison
Our data shows that, on average, compensation at Steele Waseca Co-op Electric is below the average for the U.S. Energy & Utilities industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Steele Waseca Co-op Electric average annual salary with several similar companies. Steele Waseca Co-op Electric average salary of $91,979 is higher than Barry Electric Cooperative, which has an average salary of $88,487. It is higher than Lamar Electric, with their average salary at $87,791. This places Steele Waseca Co-op Electric in a competitive 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 Steele Waseca Co-op Electric

Considering a career at Steele Waseca Co-op Electric? 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.
Communication between departments sometimes inconsistent. The company culture strongly encourages using our vacation time, and flexible scheduling options have been a game-changer for my family. Safety is never compromised, and environmental goals are integrated into daily operations. Management is transparent and fosters professional growth through ongoing training and career advancement programs...
Colleagues are approachable and proactive. Processes are clear, and communication is consistent. The company’s renewable focus and community engagement make it a responsible and innovative industry player worth joining. The team is cohesive, and there's a strong spirit of cooperation. It’s a place for consistency more than challenge, ideal for people who like low-drama environments.
It’s a reliable employer with a strong foundation, just not the most exciting place to grow. Excellent benefits and opportunities for learning across departments. Workload tends to vary seasonally, resulting in periods of high pressure. Training is offered but may not be consistent or tailored to individual roles.

Steele Waseca Co-op Electric Overview

Website
www.swce.coop
Founded In
1936
Employees
<25 employees
Industry
Energy & Utilities
Headquarter Address
2411 W Bridge St Owatonna Minnesota MN 55060
Revenue
$10 Million - $50 Million
Phone Number
+1 5074517340
Social Media
About Steele Waseca Co-op Electric
Steele-Waseca Cooperative Electric is more than just another utility operating miles of power lines, transformers and meters. We also offer Safety Tips on things like Dial Before Digging, Electric Blankets and Halloween.

What Benefits Does Steele Waseca Co-op Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Steele Waseca Co-op Electric 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Steele Waseca Co-op Electric.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Steele Waseca Co-op Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Steele Waseca Co-op Electric salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Steele Waseca Co-op Electric

1. How much does Steele Waseca Co-op Electric in the United States pay?

Steele Waseca Co-op Electric pays its employees an average of $91,979 per year. The average salary at Steele Waseca Co-op Electric range from $81,024 to $103,758 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 Steele Waseca Co-op Electric employees get a higher salary than its peer company?

The salary at Steele Waseca Co-op Electric is higher than its peer company. The average annual salary at Steele Waseca Co-op Electric is $91,979, or an hourly wage of $44, in comparison to Barry Electric Cooperative which pays $88,487 per year or $43 per hour.

3. What are the highest paying jobs at Steele Waseca Co-op Electric?

The higher-paying job at Steele Waseca Co-op Electric, according to our data, include Controller (avg. $213,112 per year), General Manager (avg. $124,655 per year), and Manager, Operations (avg. $97,978 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Steele Waseca Co-op Electric?

Salary progression with years of experience at Steele Waseca Co-op Electric 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 Steele Waseca Co-op Electric vary by office location?

Yes, it's very likely that salaries at Steele Waseca Co-op Electric 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 Minneapolis section provides more context.

6. Does Steele Waseca Co-op Electric offer good benefits?

Steele Waseca Co-op Electric 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 Steele Waseca Co-op Electric" section on this page.