$93,297 / year
Salary Range: $82,188 - $105,282
Minneapolis, MN
$105,111 / year
Salary Range: $92,597 - $118,610
New York City, NY
$81,409 / year
Salary Range: $71,723 - $91,869
Danbury, WI
$80,618 / year
Salary Range: $71,027 - $90,979
Lexington, KY
$90,407 / year
Salary Range: $79,640 - $102,014
Cornelius, OR
$88,656 / year
Salary Range: $78,101 - $100,051
Avon, CO
$85,228 / year
Salary Range: $75,086 - $96,186
Truckee, CA
$83,772 / year
Salary Range: $73,803 - $94,527
Beavercreek, OH
$78,118 / year
Salary Range: $68,827 - $88,162
Glasgow, WV
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,000 - $1,500+ | A significant portion of VerPlank Electric Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
VerPlank Electric Inc pays its employees an average of $83,572 per year. The average salary at VerPlank Electric Inc range from $73,620 to $94,308 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.
The salary at VerPlank Electric Inc is lesser than the similar company. The average annual salary at VerPlank Electric Inc is $83,572, or an hourly wage of $40, in comparison to Oaks Electric Co which pays $93,297 per year or $45 per hour.
In many roles at VerPlank Electric Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from VerPlank Electric Inc based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
VerPlank Electric Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at VerPlank Electric Inc" section on this page.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning