Caravela IoT Salary

Caravela IoT Salary

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As of July 2026, the average annual salary for employees at Caravela IoT in the United States is $88,097. This translates to an approximate hourly wage of $42. Salaries at Caravela IoT typically range from $77,588 to $99,405 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Caravela IoT Pay for Different Roles?

Explore detailed salary information for specific jobs at Caravela IoT. Based on our data, the highest paying job is the Vice President, Engineering, with an annual salary of $203,245. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Caravela IoT

Ready for your next career move? Explore current job openings at Caravela IoT. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Caravela IoT’s Pay Competitive? Salary Benchmarking Analysis

How does Caravela IoT'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
Logictrans Corp $85,913
-2.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Bogert Aviation Inc $91,019
+3.3%
Adjusted for higher cost-of-living indices in Bogert Aviation Inc's primary metro hubs.
M3 Mobile Inc $95,196
+8.1%
Reflects structural premiums typical of M3 Mobile Inc's large-cap national operations.
Diamond Systems Corp $110,902
+25.9%
Driven by niche technical certifications required for Diamond Systems Corp's specialized projects.
MFG Durable Industry $121,746
+38.2%
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.

How Caravela IoT's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Caravela IoT. Click a company name to learn more.

Employee Reviews: Working at Caravela IoT

Considering a career at Caravela IoT? 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.
Staff are empowered to make decisions, and managers support innovation. It's rare to find a manufacturer that treats its workforce so well. Teams collaborate well, and there’s a strong emphasis on keeping everything running efficiently. Advancement opportunities exist. The best part about working here is the teamwork. Modern machinery and technology improve daily operations, and flexible shift opt...
Commented in March 16, 2025
43
1
I’ve had opportunities to cross-train in multiple departments. Great company values and mission. The environment is quiet and focused. A well-run company where professionalism and teamwork drive performance every day.
Commented in March 04, 2025
47
0
Proud to work in a company that values consistency, innovation, and continuous improvement every day. Coupled with a strong safety record and opportunities for skill development, it’s a manufacturing company I am proud to recommend as a fantastic employer that truly cares. We have regular meetings where we can share ideas or concerns.
Commented in March 30, 2024
30
1

Caravela IoT Overview

Website
www.caravelaiot.com
Founded In
2014
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3209 W Highland Blvd Milwaukee Wisconsin WI 53208
Revenue
$5 Million - $10 Million
Phone Number
+1 4148565741
Social Media
About Caravela IoT
With sensor networks constantly looking out for problems, property owners and managers can reduce the expense and complexity of watching over their investments and improve the levels of services provided to the people that live in them. Capture of sensor data over time identifies performance trends that allow decisions based on real, actionable information that predicts needed repairs or helps con

What Benefits Does Caravela IoT Offer Beyond Salary?

A competitive compensation package is more than just a salary. Caravela IoT 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Caravela IoT.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Caravela IoT, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Caravela IoT salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Caravela IoT

1. How much does a Caravela IoT employee make?

Caravela IoT pays its employees an average of $88,097 per year. The average salary at Caravela IoT range from $77,588 to $99,405 per year. 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. Which similar company tend to pay more or less than Caravela IoT?

The salary at Caravela IoT is higher than the similar company. The average annual salary at Caravela IoT is $88,097, or an hourly wage of $42, in comparison to Logictrans Corp which pays $85,913 per year or $41 per hour.

3. How much does a Vice President, Engineering typically earn at Caravela IoT?

A Vice President, Engineering at Caravela IoT typically earns an average annual base salary of around $203,245, with a general range of $185,107 to $221,858.

4. Do employees with advanced degrees (Master's, PhD) earn more at Caravela IoT?

In many roles at Caravela IoT, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Milwaukee affect the perceived value of a Caravela IoT salary?

Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). This significantly impacts the purchasing power of a salary from Caravela IoT based there. Our "Cost of Living Insights for Milwaukee" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Caravela IoT typically offer employees?

Caravela IoT generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Caravela IoT" section on this page.

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