How Entry-Level Installers Can More Than Double Their Salary — 2018 SSI Salary Study
The 2018 SSI Wage & Salary Study reveals how much technicians make based on the size of their company.
The 2018 SSI Wage & Salary Study reveals there is a direct correlation between hourly wages paid and company size.
The comprehensive study of security industry wages and salaries, which was conducted in February 2018 with 217 responses recorded, shows larger companies tend to offer higher compensation to their installation personnel and service technicians.
According to the dataset below, an entry-level installer making $13.69 per hour for a company with less than $100K in revenues could put in two years’ time and more than double their salary with a $50M-$99M company.
This might lead one to assume that working for the largest company possible would lead to receiving the highest salary possible. However, experienced installation and service techs (2+ yrs.) reported making more for a company with revenues of $10M-$50M than those with revenues of $100M+.
Overall, all four categories see an increase of around $6/hr when jumping from a company with revenues less than $100K to a company with $100M+.
The study also reveals that commercial security integrators earn more than residential ones and employees of national alarm companies make more than those who work for regional ones.
View all the tech wage statistics in the chart below, and then go here to download the full 2018 SSI Wage & Salary Study.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.
A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!