Traverse Electric Cooperative Inc Salary

How much does the Traverse Electric Cooperative Inc Pay for employees?

As of August 2026, the average annual salary for employees at Traverse Electric Cooperative Inc in the United States is $90,291. This translates to an approximate hourly wage of $43. Salaries at Traverse Electric Cooperative Inc typically range from $79,530 to $101,856 annually, reflecting the diverse roles and experience levels within the company. Traverse Electric Cooperative 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 Traverse Electric Cooperative Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Traverse Electric Cooperative 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 Traverse Electric Cooperative Inc

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

Is Traverse Electric Cooperative Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Traverse Electric Cooperative 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)
Traverse Electric Cooperative Inc
Energy & Utilities
Ecos Energy LLC
Sumner-Cowley Electric Cooperative Inc
Industry Comparison
Our data shows that, on average, compensation at Traverse Electric Cooperative Inc is below the average for the U.S. Energy & Utilities industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Traverse Electric Cooperative Inc average annual salary with several similar companies. Traverse Electric Cooperative Inc average salary of $90,291 is lower than Ecos Energy LLC, which has an average salary of $100,248. It is lower than Sumner-Cowley Electric Cooperative Inc, with their average salary at $91,852. This places Traverse Electric Cooperative 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 Traverse Electric Cooperative Inc

Considering a career at Traverse Electric Cooperative 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.
Management is understanding and supportive, creating a positive work environment where employees feel genuinely valued. Encouraging work atmosphere every day. A transparent workplace that prioritizes safety, sustainability, and operational excellence. Communication tends to be formal and top-down with limited feedback opportunities. It’s fulfilling to see your suggestions implemented and appreciat...
Promotions seems often but jobs are secure. Benefits are decent but lack some competitive features found elsewhere. there are room for creativity. Good training programs build employee skills. Communication from leadership is polite but sometimes delayed.
Interaction is minimal, and creative input isn’t encouraged often. It’s exciting to be part of infrastructure that really makes a difference in people’s lives. Competitive compensation and comprehensive benefits support employee well-being. The work-life balance offered here is a significant plus, especially in such a demanding industry. Staff feel engaged and appreciated, and leadership maintains...

Traverse Electric Cooperative Inc Overview

Website
www.traverseelectric.com
Founded In
1942
Employees
<25 employees
Industry
Energy & Utilities
Headquarter Address
1618 Broadway Wheaton Minnesota MN 56296
Revenue
$10 Million - $50 Million
Phone Number
+1 3205638616
Social Media
About Traverse Electric Cooperative Inc
We supply electricity to a wide variety of commercial, industrial, agricultural and residential locations within our community. As an electric co-op, we are part of America's most trusted network of high quality energy providers. We do business with accountability, integrity, innovation and commitment to community.

What Benefits Does Traverse Electric Cooperative Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Traverse Electric Cooperative 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Traverse Electric Cooperative Inc.
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 Traverse Electric Cooperative Inc, 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 Traverse Electric Cooperative Inc 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 Traverse Electric Cooperative Inc

1. What is the estimated average total compensation at Traverse Electric Cooperative Inc?

Salary.com estimates that the average total compensation package at Traverse Electric Cooperative Inc, which can include base salary, potential bonuses, and benefits, is around $90,291 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Traverse Electric Cooperative Inc pay compared to Ecos Energy LLC?

The average annual salary at Traverse Electric Cooperative Inc is $90,291, or an hourly wage of $43, in comparison to Ecos Energy LLC which pays $100,248 per year or $48 per hour.

3. Do salaries differ significantly between departments at Traverse Electric Cooperative Inc?

Yes, salaries often differ between departments at Traverse Electric Cooperative Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Traverse Electric Cooperative Inc?

Salary progression from an entry-level to a senior role at Traverse Electric Cooperative Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Traverse Electric Cooperative Inc in Minneapolis is fair given the local cost of living?

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

6. Are promotions at Traverse Electric Cooperative Inc usually accompanied by a significant salary increase?

Yes, promotions at Traverse Electric Cooperative Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.