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Industrial Economics salaries
Industrial Economics salary estimate
$57,791yearly
Understanding Industrial Economics Salaries
The average salary in Industrial Economics is $57,791 annually. Compensation can vary based on factors such as job role and departmental structure. For instance, positions in research may command higher salaries compared to entry-level roles in administration. Additionally, it’s beneficial to examine the salaries offered by competitors in the industry to gauge the market standards. Salaries can also differ significantly by location, affecting overall compensation.
Salary by Department
Various departments within Industrial Economics exhibit distinct salary ranges. For example, professionals in data analysis or consultation typically earn more than those in support roles. This variance provides insight into career progression opportunities and salary expectations tailored to your professional aspirations. Understanding these dynamics can guide your career path effectively.
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Industrial Economics salaries by department
Salaries at Industrial Economics vary depending on the department you work in. Industrial Economics salaries in the finance department are the highest with an average salary of $93,093. Employees in the engineering department at Industrial Economics receive relatively high salaries as well, with an average salary of $89,751 per year. Departments that don't pay as well at Industrial Economics include the facilities and the customer service organizational functions, with employees earning average salaries of $36,725 and $37,673, respectively.
Average Industrial Economics salary by department
| Rank | Department | Average Industrial Economics salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $93,093 | $44.76 |
| 2 | Engineering | $89,751 | $43.15 |
| 3 | IT | $89,215 | $42.89 |
| 4 | Plant/Manufacturing | $58,917 | $28.33 |
| 5 | Administrative | $44,400 | $21.35 |
| 6 | Customer Service | $37,673 | $18.11 |
| 7 | Facilities | $36,725 | $17.66 |
Industrial Economics competitors’ average salaries
Average salaries at Industrial Economics competitors, like Cornerstone Research, Analysis Group, and The Brattle Group, vary. Cornerstone Research employees earn the highest salaries, with an average yearly salary of $127,223. The average salary at Analysis Group is $105,991 per year, and the average salary at The Brattle Group is $104,988 per year.
Highest paying Industrial Economics competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Cornerstone Research | 4.8 | $127,223 |
| 2 | Analysis Group | 4.8 | $105,991 |
| 3 | The Brattle Group | 4.7 | $104,988 |
| 4 | Compass Lexecon | 4.3 | $93,501 |
| 5 | LECG Corp | 4.8 | $89,550 |
| 6 | Abt Associates | 4.8 | $83,361 |
| 7 | Mergent, Inc. | 3.3 | $61,179 |
| 8 | Economists Incorporated | 4.0 | $59,995 |
| 9 | Touchstone Communications | 3.9 | $53,006 |
| 10 | IGS Boston | 4.1 | $50,508 |
Frequently asked questions about Industrial Economics salaries
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Zippia gives an in-depth look into the details of Industrial Economics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Industrial Economics. The employee data is based on information from people who have self-reported their past or current employments at Industrial Economics. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Industrial Economics. The data presented on this page does not represent the view of Industrial Economics and its employees or that of Zippia.
Industrial Economics may also be known as or be related to Industrial Economics and Industrial Economics Inc.