As a journeyman electrician, one can expect to make a decent salary. However, the exact amount one will earn is dependent on various factors like location, level of experience, and employer.
To begin with, it is crucial to understand what a journeyman electrician is and what they do. A journeyman electrician is an individual who has completed their apprenticeship program in electrical work and passed an exam that certifies them as highly skilled professionals in the industry. They have several years of practical experience under their belt and are licensed to perform all types of electrical work unsupervised.
Based on data from the Bureau of Labor Statistics (BLS), we know that the average hourly wage for an electrician as at May 2020 was $27.11 per hour or $56,180 annually when working full time hours. However, this general figure encompasses all categories of electricians – those just starting out in entry-level roles with minimal experience up to master electricians with decades worth of experience.
But let’s take a closer look at how much journeymen specifically tend to earn
Factors That Can Influence Journeyman Electrician Salaries
1) Location
Location plays a significant role when determining compensation for individuals working within specific industries, especially trades where pay largely depends on factors such as cost-of-living indexes or availability/lack thereof qualified workers.
2) Experience
Experience plays into the equation; more experienced journeymen typically receive higher compensation than those who are newer entrants.
3) Employer expectations/demands
Employers may demand certain skills sets or expertise which could bring about varying levels of remuneration.
4) Industry competition
Journeyman salaries could be influenced by increased competition from new competitors coming into the market place or via imports/international labour supply chains.
What Are The Generally Accepted Journeymen Salary Ranges?
It’s important to mention earlier mentioned salient point that location plays a part in determining exact numbers, so the following figures act just as guidelines:
• The average hourly wage for electrician journeymen is $29.00.
• In addition to that rate, one can expect extra benefits such as insurance and retirement savings plans
Breaking Down Salaries By Region:
Based on industry analysis of BLS statistics put together by Indeed.com, which listed the salaries of electricians in different regions within America across all levels of experience (apprenticeships included). Here are some general estimates:
• For journeyman-level workers, some calculations put the average earnings at over $60 thousand annually between all regions combined
• Within California specifically ($78k/year) and New York ($87K annually+), electricians tend to earn more on average compared to other parts due to higher costs-of-living and numerous other factors.
• Conversely there’s Connecticut where incomes have been reported around $55k/yr where they predominantly take up with managerial positions than doing physical work themselves.
Breakdown Of Earnings According To State:
Below is data from various states provided by U.S. News & World Reports discussing how much you can expect Journeyman Electricians receive according to their state rankings:
1. Alaska: Annual mean salary – $84,550 | Hourly mean wage – $40.66
2.Washington D.C: Annual mean salary -$79,880 | Hourly mean wage- 38.42
3.Illinois: Annual mean salary – $77,810 | Hourly mean wage-$37.41
4.Hawaii: annual mean salary-$77,670 | hourly mean Wage-37.35
States with lowest pay were also identified in this report :
1.Mississippi :the annual median income Level – 43 thousand dollars only i.e about an hourly rate of$20/hour .
2.Oklahoma :journeyman level electricians earn an average annual income of 45,10$ and a rate of $21.68/hour.
Employer Comparison:
Employee benchmarking offers an excellent opportunity to measures the various salaries offered by different employers against industry standards as well as competition with regard to pricing structures, skillsets and demand for services.
Journeyman electrician salaries situated in union-based companies are typically higher due their pre-negotiated contracts whereas non-union workers usually experience lower compensation levels on average. Small-to-medium sized electrical service providers also pay their journeymen employees according to available resources which may lead to a variation in earnings based on factors such as current workload/available jobs,effectiveness of client acquisition strategies and timeliness/lack thereof invoicing management skills possessed within said company.
Conclusion:
In summary, journeyman electricians can expect to earn an average salary of about $29/hour or between $50 -70k annually depending upon specific region , level of expertise/experience within the field and even which employer they work at. However even though these figures seem pleasingly standardized across board it’s important that anyone considering this line of work do thorough research prior before determining what career path is best suitable for them given economic realities .