Franklin Electrics' Finance Director: Salary Insights

what does franklin electrics finance director salary

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 trillions of gallons of water and billions of gallons of fuel worldwide. The average Franklin Electric salary in the United States is $44,306 per year, with salaries ranging from $23,000 to $81,000. The highest-paying jobs at Franklin Electric include director, business analyst, web developer, and web application developer. So, what does Franklin Electric's finance director salary look like in comparison to other roles?

Characteristics Values
Average Salary $44,306 per year
Average Hourly Rate $21.3
Salary Range $23,000–$81,000 per year
Average Salary in Finance Department $79,665 per year
Average Salary in Marketing Department $92,628 per year
Average Salary in Warehouse $34,925 per year
Average Salary in Customer Service $40,222 per year

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Average Franklin Electric salary

The average Franklin Electric salary in the United States is $44,306 per year. However, salaries at Franklin Electric vary depending on the department and location. For instance, the average salary in the marketing department is $92,628, while employees in the finance department earn an average of $79,665 per year. The lowest-paying roles at Franklin Electric include security guards and production workers, with security guards earning an average of $31,483 per year.

Franklin Electric salaries range from $23,000 a year in the bottom 10th percentile to $81,000 in the top 90th percentile. The company pays an average of $21.30 per hour, with employees in Boston, MA, earning the highest wages. The average salary in Boston is $49,231 per year, followed by Fremont, CA, at $48,441 per year.

The highest-paying jobs at Franklin Electric include director, business analyst, web developer, and web application developer. Director jobs at Franklin Electric have an average yearly salary of $152,460, while business analyst and web developer roles average $89,315 and $84,563, respectively.

According to Comparably, the average estimated annual salary at Franklin Electric, including base pay and bonuses, is $120,231, or $57 per hour. The estimated median salary is $117,726, or $56 per hour. The highest-paid role at Franklin Electric is the Director of Sales, earning $226,931 annually, while the lowest-paid role is a CS Rep at $45,865 per year.

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Director salary compared to other roles

The average Franklin Electric employee earns $44,306 per year, with salaries ranging from $23,000 in the bottom 10th percentile to $81,000 in the top 90th percentile. The average salary for employees in the finance department is $79,665 per year.

Directors at Franklin Electric earn an average yearly salary of $152,460. This is significantly higher than the average Franklin Electric salary.

According to ZipRecruiter, the average Director salary in the United States as of June 2025 is $52,112 per year or $25.05 per hour. However, Salary.com reports a higher average salary for Directors in the United States of $203,185 per year or $98 per hour as of July 1, 2025. This salary range takes into account factors such as experience, skills, company size, and local market factors. For example, entry-level directors with less than one year of experience can expect to earn around $192,418, while those with over eight years of experience can earn an average of $202,848. Additionally, the average yearly salary for a director can vary depending on the state and city. In California, the average yearly salary for a director is $224,113, while in Massachusetts, it is $221,126. In San Francisco, CA, the average yearly salary for a director is $253,758, while in New York, NY, it is $235,471.

In summary, the director salary at Franklin Electric is higher than the average Franklin Electric employee salary and is also higher than or in line with the average director salary in the United States, depending on the source. The director salary at Franklin Electric may be influenced by factors such as experience, location, and the company's size and performance.

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Salary range across departments

Salary ranges vary across departments at Franklin Electric, with marketing and product development roles earning the highest salaries. Employees in the marketing department at Franklin Electric earn an average of $92,628 per year, while those in the product development department earn an average of $152,753 in total compensation.

The finance department also offers relatively high salaries, with an average yearly income of $79,665, according to Glassdoor. However, Comparably estimates the average total compensation for the finance department to be $85,696. The engineering department has an average total compensation of $133,869, while the design department earns an average of $116,029.

On the other hand, employees in the warehouse and customer service departments earn significantly lower wages. Warehouse workers earn an average annual salary of $34,925, while customer service representatives make an average of $40,222. The administration department also has lower salaries, with an average total compensation of $58,426.

Overall, the average salary at Franklin Electric is $44,306 per year, with employees in the top 10% earning over $81,000 and those in the bottom 10% making less than $23,000.

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Total executive pay

The highest-paying jobs at Franklin Electric include director, business analyst, and web developer positions. Director jobs have an average yearly salary of $152,460, while business analyst and web developer roles average $89,315 and $84,563, respectively.

Comparatively, Franklin Electric's competitors, such as Swanson Industries, Morbark, and Leach International Corporation, offer higher average salaries. Swanson Industries employees earn an average of $54,130 per year, while Morbark and Leach International Corporation employees earn $53,107 and $52,288, respectively.

It is worth noting that executive pay can include various components, and individuals may not realise all elements of their total compensation during their tenure. Additionally, the proxy statement provided to the SEC outlines CEO pay ratio data and other relevant information for a comprehensive understanding of the company's pay practices.

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Shareholder information

Franklin Electric Co. Inc. 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 is $44,306 per year, with salaries ranging from $23,000 in the bottom 10th percentile to $81,000 in the top 90th percentile. Salaries vary depending on the department, with the marketing department earning the highest average salary of $92,628, followed by the finance department at $79,665 per year.

The company's proxy statement provides shareholders with information about the annual meeting and the issues that will be voted on, including electing directors, ratifying auditors, and other shareholder-related decisions. Total Cash Compensation includes yearly base pay and bonuses, while Total Equity aggregates the grant date fair value of stock and option awards.

Franklin Electric's compensation and benefits are rated 4.0/5 stars by employees, and the company ranks in the top 40% for compensation compared to similar-sized companies. The employee data is based on self-reported information and public and private datasets.

Frequently asked questions

The average salary for a Franklin Electric employee is $44,306 per year. However, salaries differ across departments, with the Product Department earning an average of $152,753, and the Finance Department earning an average of $85,696.

The salary range for Franklin Electric employees is between $23,000 and $81,000 per year. The average hourly rate is $21.3.

Franklin Electric offers a competitive compensation package, including benefits such as medical and dental insurance, life insurance, 401K, salary continuation, paid vacations, and paid holidays.

The salary of the Finance Director at Franklin Electric is not publicly available. However, director-level positions at the company earn an average yearly salary of $152,460.

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