Crane Aerospace & Electronics

Lynnwood

2,098 Total Employees

Year Founded: 1904

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Crane Aerospace & Electronics Compensation & Benefits

Updated on September 18, 2026

This page summarizes recurring themes identified from responses generated by popular LLMs to common candidate questions about Crane Aerospace & Electronics and has not been reviewed or approved by Crane Aerospace & Electronics.

How are the compensation & benefits at Crane Aerospace & Electronics?

Strengths in retirement support and time-off breadth are accompanied by challenges in pay growth, incentive reliability, and healthcare affordability. Together, these dynamics suggest a comprehensive package on paper that can feel only moderately competitive in practice due to recurring cost and progression concerns.

Key Insight for Candidates

Defining tradeoff: an unusually strong 401(k) (match plus extra employer contribution) contrasts with modest raises/bonuses and higher healthcare/PTO costs. It rewards long‑term savers, but near‑term cash growth and out‑of‑pocket expenses can leave overall compensation feeling only average.

Evidence in Action

401(k) Match Plus Contribution — 401(k) plan: 50% match on employee contributions up to 6% of pay, plus a 3% non-matching employer contribution. This predictable retirement formula boosts total compensation and rewards steady saving across roles.
Conservative Raise Progression — Annual raise cycle and bonus program: recurring employee feedback cites small increases and limited differentiation. Employees see slower earnings progression and depend more on base pay and benefits for retention value.

Positive Themes About Crane Aerospace & Electronics

Retirement Support: Retirement contributions include a 401(k) match plus an additional employer contribution, which is called out as a notable element of the package. Feedback suggests this component stands out within an otherwise standard set of offerings.
Leave & Time Off Breadth: PTO and paid holidays are part of the standard offering, with indications that time off begins accruing immediately in some roles. This structure implies predictable access to time off across eligible positions.
Wellbeing & Lifestyle Benefits: Ancillary offerings such as an employee assistance program and transportation incentives round out the package beyond core health and retirement. These extras contribute to a more holistic benefits profile.

Considerations About Crane Aerospace & Electronics

Stagnant Pay & Limited Progression: Base pay is often described as acceptable for some roles, but concerns about slow wage growth and small raises recur. Feedback suggests advancement in compensation can feel limited over time.
Weak & Unreliable Incentives: Comments highlight dissatisfaction with bonuses and incentives, noting that variable pay elements feel weak in practice. This diminishes perceived total compensation for some employees.
High Benefits Costs: Healthcare is associated with HSA-style plans and relatively high out-of-pocket costs, which dampens perceived value. Medical expenses are a recurring pain point within the package.

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These insights are generated using AI and may not reflect internal data or verified company information. They are intended solely for general informational purposes and should not be considered a definitive assessment of the company’s reputation. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.