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Failure Lab Salary

Failure Lab Salary

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As of September 2026, the average annual salary for employees at Failure Lab in the United States is $86,462. This translates to an approximate hourly wage of $42. Salaries at Failure Lab typically range from $75,938 to $98,027 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Failure Lab Pay for Different Roles?

Explore detailed salary information for specific jobs at Failure Lab. Based on our data, the highest paying job is the Chief, with an annual salary of $232,062. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Failure Lab’s Pay Competitive? Salary Benchmarking Analysis

How does Failure Lab'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
Gridlock $83,213
-3.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Tyler Bates Music Inc $99,468
+15.0%
Reflects a supply-demand imbalance for the specific talent Tyler Bates Music Inc targets.
Merrimack Valley Chorus $94,995
+9.9%
Reflects structural premiums typical of Merrimack Valley Chorus's large-cap national operations.
Wsupg $90,839
+5.1%
Supported by Wsupg's high-margin contracts allowing higher overhead.
Hospitality & Leisure Industry $122,562
+41.8%
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 Failure Lab's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Failure Lab

Considering a career at Failure Lab? 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.
The company culture is welcoming, and employees are treated with respect. I’ve grown so much professionally thanks to the mentorship programs here. The management team is transparent and keeps us informed about company goals. It’s a decent workplace for those who value stability in the hospitality sector. The team is fantastic, and the work environment is positive.
Commented in May 15, 2025
28
3
The company culture is inclusive, and employees are valued. The company invests in employee well-being with wellness programs and mental health resources. The work environment is engaging, and employees are encouraged to share ideas. The benefits package is robust, including wellness programs and discounts. The company have always new projects and learning opportunities. It’s a great place to buil...
Commented in March 25, 2025
22
3
It’s a reliable place for those seeking a steady job in hospitality. The job is reliable, and the team is easy to work with. The benefits are standard, but reliable. Employee recognition programs make us feel valued. The perks, like employee discounts and wellness programs, are a nice bonus.
Commented in March 26, 2024
23
0

Failure Lab Overview

Website
www.failure-lab.com
Founded In
2012
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
PO Box 1021 Grand Rapids Michigan MI 49501
Revenue
<$5 Million
Phone Number
+1 6162927277
Social Media
About Failure Lab
Failure:Lab was founded in 2012 by four professionals from West Michigan. The mission is to eliminate the fear of failure and encourage intelligent risk taking. The events showcase personal stories of failure, publish crowdsourced lessons, and instigate discussion.

What Benefits Does Failure Lab Offer Beyond Salary?

A competitive compensation package is more than just a salary. Failure Lab 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Failure Lab.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Failure Lab, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Failure Lab salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Failure Lab

1. What is the average salary for employees at Failure Lab?

The average annual total compensation for employees at Failure Lab is approximately $86,462. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,938 to $98,027, depending on factors like job role, experience, and location.

2. How much does Failure Lab pay compared to Gridlock?

The average annual salary at Failure Lab is $86,462, or an hourly wage of $42, in comparison to Gridlock which pays $83,213 per year or $40 per hour.

3. How does having a professional certification impact salary for relevant roles at Failure Lab?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Failure Lab for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Failure Lab offer cost-of-living adjustments (COLA) for employees in high-cost areas like Grand Rapids?

While some companies offer formal COLA, many, including potentially Failure Lab, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Failure Lab?

Most companies, likely including Failure Lab, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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