Traction Systems Inc Salary

Traction Systems Inc Salary

How much does the Traction Systems Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Traction Systems Inc in the United States is $51. This translates to an approximate annual wage of $106,714. Salaries at Traction Systems Inc typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company. Traction Systems 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.
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Current Job Openings at Traction Systems Inc

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Is Traction Systems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Traction Systems Inc’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Traction Systems Inc
Retail & Wholesale
Velum Lighting Nederland
3margar Optical Inc
Industry Comparison
Our data shows that, on average, compensation at Traction Systems Inc is below the average for the U.S. Retail & Wholesale industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Traction Systems Inc average annual salary with several similar companies. Traction Systems Inc average salary of $106,714 is higher than Velum Lighting Nederland, which has an average salary of $100,385. It is higher than 3margar Optical Inc, with their average salary at $88,213. This places Traction Systems Inc in a competitive position among its peers.
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Companies Similar to Traction Systems Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Traction Systems Inc

Considering a career at Traction Systems 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 discounts are a nice benefit, and the company promotes from within, which is motivating. The workplace is organized, and expectations are clear. The pay is competitive, and there are quarterly incentives.
Commented in April 26, 2025
50
3
The work environment is structured, and expectations are clearly communicated. Well-structured training programs. The workplace is structured, and tasks are evenly distributed. I’ve seen many colleagues grow into leadership roles, proving that hard work is rewarded. Communication from upper management is clear and consistent.
Commented in March 01, 2025
13
1
The office environment is modern, and the workload is manageable. The team is cooperative, and management ensures tasks are distributed fairly. Leadership is transparent about company goals, and there’s a strong emphasis on professional development. I’ve had a fantastic experience working here. The company offers good perks and benefits. The company has a collaborative atmosphere where ideas are w...
Commented in January 06, 2025
32
2
Leadership communicates well, making employees feel valued. Colleagues are professional, and communication is straightforward. The benefits are strong, and coworkers are helpful. Leadership truly cares about employees.
Commented in August 24, 2024
44
0
The workplace culture is inclusive, and team events make it easy to connect with colleagues. Leadership is transparent about company goals, which keeps everyone aligned. One of the best companies I’ve worked for in retail. Training programs are beneficial. The Retail & Wholesale industry can be challenging, but this company makes it a supportive environment.
Commented in February 07, 2024
18
2

Traction Systems Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
58 N Bridge St Somerville New Jersey NJ 08876
Revenue
<$5 Million
Phone Number
+1 9083935566
Social Media
About Traction Systems Inc
Traction Systems Inc is a company that operates in the Industrial Automation industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Somerville, New Jersey.

What Benefits Does Traction Systems Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Traction Systems 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Traction Systems Inc.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Traction Systems Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Traction Systems Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Traction Systems Inc

1. What is the average salary for employees at Traction Systems Inc?

The average total compensation for employees at Traction Systems Inc is approximately $51 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $45 to $58 per hour, depending on factors like job role, experience, and location.

2. How much does Traction Systems Inc pay compared to Velum Lighting Nederland?

The average annual salary at Traction Systems Inc is $106,714, or an hourly wage of $51, in comparison to Velum Lighting Nederland which pays $100,385 per year or $48 per hour.

3. How does having a professional certification impact salary for relevant roles at Traction Systems 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 Traction Systems Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Traction Systems Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Jersey City?

While some companies offer formal COLA, many, including potentially Traction Systems 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 Traction Systems Inc?

Most companies, likely including Traction Systems 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.

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