Algatech Ltd Salary

As of April 2026, the average annual salary for employees at Algatech Ltd in the United States is $112,188. This translates to an approximate hourly wage of $54. Salaries at Algatech Ltd typically range from $98,829 to $126,719 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Algatech Ltd

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Is Algatech Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Algatech Ltd's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
ZeaChem Inc $95,407
-15.0%
Normalized for lower cost-of-living zones where ZeaChem Inc primarily operates.
Avelas Biosciences Inc $103,286
-7.9%
Avelas Biosciences Inc operates with a leaner overhead structure, impacting base wage offers.
ImmunoMet Therapeutics $97,769
-12.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Open Microscopy Environment $119,983
+6.9%
Reflects a supply-demand imbalance for the specific talent Open Microscopy Environment targets.
Biotechnology Industry $130,524
+16.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Algatech Ltd

Considering a career at Algatech Ltd? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Our team benefits from a positive atmosphere, ample training opportunities, and access to industry-leading equipment. Some teams work well together; others feel disjointed. Safety and compliance are taken seriously, making it a secure workplace. This commitment to excellence makes me proud of our collective achievements and the reputation we are building in the industry. Leadership regularly commu...
Company values cutting-edge biotech and employee growth equally. This recognition, combined with excellent resources, makes it an ideal environment for scientific discovery and career advancement in a truly meaningful field. The company invests heavily in R&D, making it a hub for scientific advancement.
Joining this biotechnology company was one of the best career decisions I’ve made. Scientific work is strong, but corporate strategy shifts often. Adequate for basic assays. This broadens my understanding of the entire drug development process, which is invaluable for personal growth and seeing the bigger picture of our collective efforts.

Algatech Ltd Overview

Website
www.algatech.com
Founded In
1998
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
500 Mamaroneck Ave Harrison New York NY 10528
Revenue
$10 Million - $50 Million
Phone Number
+1 9143813500
Social Media
About Algatech Ltd
Algatechnologies is a rapidly growing biotechnology company, specializing in the commercial cultivation of microalgae. Founded in 1998, Algatech is a world leader in the production and supply of AstaPure™, a premium natural Astaxanthin - one of the world's most powerful antioxidants - sourced from the microalga Haematococcus pluvialis, and of Fucovital™ - Fucoxanthin complex extracted from the mic

What Benefits Does Algatech Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Algatech Ltd offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Algatech Ltd.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Algatech Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Algatech Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Algatech Ltd

1. What is the typical salary range (low to high) for most roles at Algatech Ltd?

The typical annual salary range for most roles at Algatech Ltd is approximately from $98,829 to $126,719. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Algatech Ltd pay compared to ZeaChem Inc?

The average annual salary at Algatech Ltd is $112,188, or an hourly wage of $54, in comparison to ZeaChem Inc which pays $95,407 per year or $46 per hour.

3. Do salaries differ significantly between departments at Algatech Ltd?

Yes, salaries often differ between departments at Algatech Ltd due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Algatech Ltd?

Experience level is a significant factor in determining salary at Algatech Ltd, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Algatech Ltd in New York is fair given the local cost of living?

To determine if a salary offer from Algatech Ltd in New York is fair, first compare the gross salary to our data for similar roles at Algatech Ltd and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

6. What factors influence salary increases at Algatech Ltd?

Salary increases at Algatech Ltd are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.