Versa Electronics Co Salary

Versa Electronics Co Salary

How much does the Versa Electronics Co Pay for employees?

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As of August 2026, the average hourly salary for employees at Versa Electronics Co in the United States is $49. This translates to an approximate annual wage of $101,482. Salaries at Versa Electronics Co typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company. Versa Electronics 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.

How Much Does Versa Electronics Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Versa Electronics Co. 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 Versa Electronics Co

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

Is Versa Electronics Co’s Pay Competitive? Salary Benchmarking Analysis

How does Versa Electronics Co’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
180k
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0
Average Salary ($/year)
Versa Electronics Co
MFG Durable
Innovative Electrical Consulting & Design
Electronic Systems Inc
Industry Comparison
Our data shows that, on average, compensation at Versa Electronics Co is below the average for the U.S. MFG Durable industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Versa Electronics Co average annual salary with several similar companies. Versa Electronics Co average salary of $101,482 is lower than Innovative Electrical Consulting & Design, which has an average salary of $111,672. It is higher than Electronic Systems Inc, with their average salary at $87,295. This places Versa Electronics 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.

Companies Similar to Versa Electronics Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Versa Electronics Co

Considering a career at Versa Electronics 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.
Safety standards exceed industry requirements regularly. I’ve been promoted twice in five years because they reward performance and initiative. The culture emphasizes teamwork, respect, and continuous improvement. Equipment upgrades happen but can be delayed.
Commented in March 22, 2025
43
2
It’s a well-run operation with strong values and clear communication across all levels. Management actually listens to suggestions and acts on them. Work-life balance is surprisingly good. It's a workplace committed to continuous improvement and accountability. Leadership encourages open dialogue and invests in employee training and career advancement. The job is consistent, and the facility is ge...
Commented in May 22, 2024
30
0
Safety protocols are enforced but sometimes inconsistently applied. If you’re someone who prefers routine over challenge, it’s a reasonable place to work. Workflow is consistent, but the pace varies depending on the department.
Commented in February 05, 2024
12
1

Versa Electronics Co Overview

Website
www.versae.com
Founded In
1994
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
3943 Quebec Ave N Minneapolis Minnesota MN 55427
Revenue
$10 Million - $50 Million
Phone Number
+1 7635576737
Social Media
About Versa Electronics Co
Since 1979, Versa has offered engineering services, raw material expertise, contract manufacturing services, and OEM product line evolution. Versa Electronics has become an OEM's trusted turn-key Electronic Manufacturing Services partner. Integrated capabilities with consultative communication arms your organization with a versatile scope of work offering, flexible demand fulfillment solutions, an

What Benefits Does Versa Electronics Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Versa Electronics 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Versa Electronics Co.
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 Versa Electronics Co, 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 Versa Electronics Co 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 Versa Electronics Co

1. What is the average salary for employees at Versa Electronics Co?

The average total compensation for employees at Versa Electronics Co is approximately $49 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $43 to $55 per hour, depending on factors like job role, experience, and location.

2. How much does Versa Electronics Co pay compared to Innovative Electrical Consulting & Design?

The average annual salary at Versa Electronics Co is $101,482, or an hourly wage of $49, in comparison to Innovative Electrical Consulting & Design which pays $111,672 per year or $54 per hour.

3. What is the lowest salary at Versa Electronics Co?

The lowest-paying job at Versa Electronics Co is an Assembler with a salary of $36,988 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Versa Electronics Co?

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 Versa Electronics Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Versa Electronics Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Versa Electronics Co, 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.

6. What's the typical process for salary reviews and raises at Versa Electronics Co?

Most companies, likely including Versa Electronics Co, 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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