Plastics Materials and Basic Forms and Shapes Merchant Wholesalers — Average Employee Salary
The average employee in the plastics materials and basic forms and shapes merchant wholesalers industry earns $103,251 per year ($49.64/hour), according to Bureau of Labor Statistics QCEW data.
What Do Plastics Materials and Basic Forms and Shapes Merchant Wholesalers Workers Earn?
At $103,251/year (equivalent to $49.64/hour for a full-time worker), plastics materials and basic forms and shapes merchant wholesalers wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical plastics materials and basic forms and shapes merchant wholesalers business employs 7 people. These are mid-sized operations where payroll is a significant but manageable expense.
Wages as a Percentage of Revenue
For the average plastics materials and basic forms and shapes merchant wholesalers business generating $11.9M/year with 7 employees at $103,251 each, total payroll represents roughly 6.1% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a plastics materials and basic forms and shapes merchant wholesalersbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $134,226/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 7 employees = ~$722,757/year in base payroll.
- Hourly equivalent: $49.64/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $11.9M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Plastics Materials and Basic Forms and Shapes Merchant Wholesalers revenue benchmarks →Frequently Asked Questions
- How much do plastics materials and basic forms and shapes merchant wholesalers employees make?
- The average plastics materials and basic forms and shapes merchant wholesalers employee earns $103,251 per year, which is equivalent to $49.64/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the plastics materials and basic forms and shapes merchant wholesalers industry?
- The plastics materials and basic forms and shapes merchant wholesalers industry employs 30,043 workers across 4,496 establishments in the United States. The average business in this industry has approximately 7 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).