Equipment Rental Specialist Salary in Minnesota

Annual Median: $37,700
Hourly Median: $18.13

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Equipment Rental Specialist undefined, Minnesota Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$28,290$13.6
25th$30,930$14.87
Median$37,700$18.13
75th$47,860$23.01
90th$60,350$29.02

Best Schools to become a Equipment Rental Specialist in Minnesota 2024

Capella University

Minneapolis, MN

In-State Tuition:$14,328
Out-of-State Tuition:$14,328
Admission Rate:N/A
Graduation Rate:N/A
Total Enrollment:39,727

Walden University

Minneapolis, MN

In-State Tuition:$10,552
Out-of-State Tuition:$10,552
Admission Rate:N/A
Graduation Rate:N/A
Total Enrollment:42,312

University of Minnesota-Twin Cities

Minneapolis, MN

In-State Tuition:$14,006
Out-of-State Tuition:$33,246
Admission Rate:75%
Graduation Rate:84%
Total Enrollment:54,955

Metropolitan State University

Saint Paul, MN

In-State Tuition:$8,571
Out-of-State Tuition:$8,571
Admission Rate:82%
Graduation Rate:33%
Total Enrollment:6,294

University of St Thomas

Saint Paul, MN

In-State Tuition:$48,930
Out-of-State Tuition:$48,930
Admission Rate:77%
Graduation Rate:80%
Total Enrollment:9,025

Minnesota State University-Mankato

Mankato, MN

In-State Tuition:$8,356
Out-of-State Tuition:$17,726
Admission Rate:71%
Graduation Rate:53%
Total Enrollment:14,590

Equipment Rental Specialist Salary in Minnesota FAQs

  • What factors influence the salary of an Equipment Rental Specialist in Minnesota?
    The salary of an Equipment Rental Specialist can depend on a variety of factors, including your level of experience, the specific region within Minnesota, the type of equipment rented, and the size of the rental company. For example, those with more years in the industry or advanced knowledge of specialized equipment may command higher salaries.

  • How does travel impact the compensation for this role?
    Equipment Rental Specialists who are required to travel frequently for client visits, equipment deliveries, or training may receive additional compensation. This could come in the form of travel stipends, reimbursements for expenses, or increased hourly rates for time spent traveling.

  • Are there opportunities for salary advancement in this career?
    Yes, there are typically opportunities for salary advancement within the Equipment Rental Specialist role. With experience, you may be able to progress to supervisory or managerial positions, which generally offer higher salaries. Additionally, gaining certifications or specialized skills can also lead to increased earning potential.

  • How does the salary of an Equipment Rental Specialist compare to related fields?
    In Minnesota, the salary for Equipment Rental Specialists can be compared to roles in sales, customer service, or logistics. Generally, Equipment Rental Specialists may earn similar or slightly lower salaries compared to other specialized sales positions, while potentially earning more than entry-level customer service roles.

  • What benefits are commonly offered alongside the salary?
    Alongside the salary, many employers offer a range of benefits, which can include health insurance, retirement plans, paid time off, and bonuses based on performance. Some companies may also provide training and professional development opportunities, which can enhance your skills and career trajectory.

  • Is there a difference in salary based on the type of equipment rented?
    Yes, the type of equipment rented can influence salary. Specialists working with high-demand or specialized equipment, such as construction machinery or industrial tools, may have higher earning potential compared to those focused on consumer-grade items. The complexity and maintenance needs of the equipment can also impact the salary levels in this field.

  • What role does certification play in salary potential?
    Obtaining relevant certifications can significantly enhance your qualifications and may lead to higher salary prospects. Certifications demonstrate expertise and commitment to professional development, making you a more attractive candidate for employers. Common certifications in this field include those related to safety standards and equipment operation.