Versatile Electric Salary

How much does the Versatile Electric Pay for employees?

As of July 2026, the average annual salary for employees at Versatile Electric in the United States is $80,080. This translates to an approximate hourly wage of $39. Salaries at Versatile Electric typically range from $70,550 to $90,369 annually, reflecting the diverse roles and experience levels within the company. Versatile 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.
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Current Job Openings at Versatile Electric

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Is Versatile Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Versatile 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)
Versatile Electric
Construction
Congun Industries Inc
Gavin Steel Fabricating Inc
Industry Comparison
Our data shows that, on average, compensation at Versatile Electric is below the average for the U.S. Construction industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Versatile Electric average annual salary with several similar companies. Versatile Electric average salary of $80,080 is lower than Congun Industries Inc, which has an average salary of $82,148. It is lower than Gavin Steel Fabricating Inc, with their average salary at $84,721. This places Versatile Electric in a developing position among its peers.
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Employee Reviews: Working at Versatile Electric

Considering a career at Versatile 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.
Do it right the first time is a motto we live by. Emphasis on quality workmanship. This company values hard work and delivers high-quality projects. It depends a lot on your foreman and team structure.
The team is generally supportive and professional. This construction firm stands out for its commitment to excellence. Working at this construction company has been an incredible experience. Safety meetings are engaging and informative. This dedication to excellence not only satisfies clients but also gives us a sense of pride in our craftsmanship. The work is steady and reliable, but can become m...
Workload depends on project cycle—can be feast or famine. While deadlines are tight, crews are well-staffed, and scheduling is fair. Benefits are competitive, and employee recognition is frequent, motivating me to give my best every day. The culture encourages learning and doing things right the first time.

Versatile Electric Overview

Website
www.versatileelectric.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Construction
Headquarter Address
Main St W Mount Vernon Kentucky KY 40456
Revenue
<$5 Million
Phone Number
-
Social Media
About Versatile Electric
Versatile Electric is a company that operates in the Construction industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Mount Vernon, Kentucky.

What Benefits Does Versatile Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Versatile 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 Louisville?

Understanding the cost of living near Louisville is key to truly evaluating a salary offer or your current compensation at Versatile Electric.
Louisville's Cost of Living Index is approximately 87.8 (12.2% less expensive than US average; 5.5% less than KY average). Largest KY city, Kentucky Derby, affordable housing. TARC bus. When planning your budget based on a salary from Versatile Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Versatile Electric salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (TARC 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,180 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Versatile Electric

1. What is the typical salary range (low to high) for most roles at Versatile Electric?

The typical annual salary range for most roles at Versatile Electric is approximately from $70,550 to $90,369. 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. How much does Versatile Electric pay compared to Congun Industries Inc?

The average annual salary at Versatile Electric is $80,080, or an hourly wage of $39, in comparison to Congun Industries Inc which pays $82,148 per year or $39 per hour.

3. How does experience level affect salary at Versatile Electric?

Experience level is a significant factor in determining salary at Versatile Electric, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Versatile Electric in Louisville is fair given the local cost of living?

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

5. What factors influence salary increases at Versatile Electric?

Salary increases at Versatile Electric are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.