Wiktor Wise
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels. The company manufactures approximately 20,000 pumps, motors, drives, and controls daily to move 3 trillion gallons of fresh water and 1 billion gallons of fuel worldwide. The average Franklin Electric salary varies across sources, ranging from $44,306 to $50,500 per year, with hourly rates ranging from $21.30 to $24.00. Salaries differ based on roles, departments, and locations, with the highest-paying jobs including director, business analyst, and web developer positions.
| Characteristics | Values |
|---|---|
| Average salary | $44,306 per year |
| Salary range | $23,000–$81,000 per year |
| Average hourly rate | $21.3 |
| Highest-paid roles | Director, business analyst, web developer, and web application developer |
| Director salary | $152,460 per year |
| Business analyst salary | $89,315 per year |
| Web developer salary | $84,563 per year |
| Highest reported salary | $103,000 per year |
| Lowest reported salary | $30,000 per year |
| Highest-paid locations | Boston, MA, and Fremont, CA |
| Highest-paid departments | Marketing and finance |
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Average salary
The average Franklin Electric Co. employee salary is around $44,306 per year. The salary ranges from $23,000 per year in the lowest 10th percentile to $81,000 in the top 90th percentile. The average hourly rate is $21.30, ranging from $10 per hour for a Sales and Marketing Manager to $22.36 per hour for a Quality Specialist.
Franklin Electric salaries vary depending on the department and location. The highest-paid departments are marketing, with an average salary of $92,628, and finance, with an average salary of $79,665. The lowest-paid departments are the warehouse and customer service, with average salaries of $34,925 and $40,222, respectively. The highest-paying jobs at Franklin Electric are director, business analyst, web developer, and web application developer. Director jobs earn an average yearly salary of $152,460, business analyst jobs average $89,315, and web developer jobs average $84,563, while the lowest-paying job is a web developer at $41,000 annually.
Franklin Electric pays the highest average salaries in Boston, MA, at $49,231 per year, followed by Fremont, CA, at $48,441 per year. The average salary at Franklin Electric is 4.17% lower than the industry average of $46,236 per year.
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Salary range
The salary range for employees at Franklin Electric Co. varies depending on several factors, including job role, location, and department. The average Franklin Electric salary is $44,306 per year, with salaries ranging from $23,000 in the bottom 10th percentile to $81,000 in the top 90th percentile. The company pays $21.3 an hour on average, with hourly rates ranging from $10 per hour for sales and marketing managers to $22.36 per hour for quality specialists.
Location is a significant factor influencing salaries at Franklin Electric. Employees in Boston, MA, earn the highest average salary of $49,231 per year, closely followed by Fremont, CA, with an average salary of $48,441. Department-wise, the marketing department offers the highest average salary of $92,628 per year, while the finance department comes in second with an average salary of $79,665.
Specific job roles also contribute to salary variations at Franklin Electric. Director positions earn an impressive average of $152,460 annually, while business analyst roles average $89,315. Hardware engineers can expect a salary of up to $127,002 per year, and web developer roles average $84,563. On the lower end of the spectrum, web developer roles are the lowest paying at $41,000 per year, and warehouse assembler positions offer an annual salary of $22,000.
It is worth noting that these salary figures are approximations based on employee reports and may not reflect the most current data. Additionally, Franklin Electric employees have provided ratings for compensation and benefits, indicating a general satisfaction with their pay.
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Hourly pay
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels. The company manufactures approximately 20,000 pumps, motors, drives, and controls daily, assuring the reliability and availability of its products to millions of customers worldwide.
As of November 2024, the average annual salary for employees at Franklin Electric in the United States is $85,468, translating to an approximate hourly wage of $41. Salaries typically range from $75,146 to $97,004 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary based on several factors, including job role, experience, education level, certifications, location, industry, job category, department, training, skills, and competencies.
For instance, Global Market Development Manager - Agricultural positions offer the highest average annual salary of $177,097, while Assembly roles have a lower average annual salary of $42,987. The highest reported salary for an employee at Franklin Electric is currently $103k per year.
While specific pay periods are not publicly available, it is standard in the United States for employees to be paid either bi-weekly, semi-monthly, or monthly, depending on company policy and state regulations. Franklin Electric employees have given the company's compensation and benefits a rating of 3.9/5 stars.
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Highest-paying jobs
Franklin Electric offers competitive compensation and a range of benefits to its employees. While the specific pay frequency is not mentioned, the company offers salaries that range from approximately $30,000 per year for a Project Manager to $127,002 per year for a Hardware Engineer. Other roles with notable salaries include a Quality Specialist, earning $22.36 per hour, and a Sales and Marketing Manager, earning approximately $10.00 per hour.
Franklin Electric values its employees and provides a range of benefits, including medical and dental insurance, life insurance, a 401K plan, salary continuation, and paid vacations and holidays. The company also emphasizes a diverse and inclusive culture, offering extensive training and educational opportunities.
Some of the highest-paying jobs at Franklin Electric include:
- Hardware Engineer: With an average salary of $127,002 per year, this role involves designing, developing, and testing hardware components and systems. Hardware Engineers at Franklin Electric are responsible for creating innovative solutions for water and fuel movement systems.
- Mechanical Engineer: Holding a Bachelor of Science in Mechanical Engineering, these professionals can expect an average salary of $73,000 per year. They are responsible for designing, analysing, and overseeing the production of mechanical systems and components.
- Senior-level Positions: While specific job titles are not mentioned, Franklin Electric offers salaries above $100,000 per year for senior roles. These positions likely require extensive experience and expertise in specific areas, such as engineering, product development, or management.
- Technical Specialists: In the range of salaries provided by Payscale.com, there are companies in the same industry as Franklin Electric with average salaries ranging from $71,707 to $71,784. These roles likely require specific technical expertise and may include positions like Electrical Engineers, Software Developers, or Product Designers.
Franklin Electric values its employees and offers competitive salaries and benefits to attract and retain top talent. The company's commitment to rewarding its team and providing growth opportunities is evident through its compensation packages and employee programs.
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Salary by location
The average Franklin Electric Co. employee in the United States earns \$44,306 per year, with salaries ranging from \$23,000 a year in the bottom 10th percentile to \$81,000 in the top 90th percentile. The average hourly pay is \$21.30.
Salaries at Franklin Electric vary depending on location and department. Employees in Boston, MA, and Fremont, CA, are paid the most, with average salaries of \$49,231 and \$48,441 per year, respectively. The marketing department has the highest average salary by department at \$92,628 per year, while the finance department is a close second at \$79,665 per year.
On the lower end of the spectrum, employees in the warehouse department earn an average of \$34,925 per year, while those in customer service earn an average of \$40,222. The lowest-paying job at Franklin Electric is Web Developer, with an average salary of \$41,000 per year.
Other reported salaries at Franklin Electric include \$30,000 per year for Project Managers, \$103,000 per year for employees with a Bachelor of Science in Mechanical Engineering, and \$127,002 per year for Hardware Engineers. The highest-paying job at the company is CIO, with a salary of \$133,000 per year.
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