| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Shannon Optical Company Inc | $92,970 |
-1.1%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Bonneville Labs | $113,370 |
+20.5%
|
Reflects a supply-demand imbalance for the specific talent Bonneville Labs targets. |
| Innopiphany | $107,452 |
+14.3%
|
Driven by niche technical certifications required for Innopiphany's specialized projects. |
| BrainHealth Technologies | $100,238 |
+6.6%
|
Reflects structural premiums typical of BrainHealth Technologies's large-cap national operations. |
| Biotechnology Industry | $130,524 |
+38.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$92,970 / year
Salary Range: $81,904 - $104,990
Bridgeville, PA
$113,370 / year
Salary Range: $99,882 - $128,036
Berkeley, CA
$107,452 / year
Salary Range: $94,659 - $121,342
Los Angeles, CA
$100,238 / year
Salary Range: $88,309 - $113,196
Eden Prairie, MN
$101,124 / year
Salary Range: $89,088 - $114,208
Minneapolis, MN
$107,220 / year
Salary Range: $94,458 - $121,085
Cambridge, MA
$94,373 / year
Salary Range: $83,141 - $106,575
Troy, MI
$105,839 / year
Salary Range: $93,239 - $119,525
Los Angeles, CA
$99,890 / year
Salary Range: $87,997 - $112,806
Carlsbad, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,000+ | A significant portion of Hammitt & Associates salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $410 - $610 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $710+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,740 - $4,280+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Hammitt & Associates pays its employees an average of $94,046 per year. The average salary at Hammitt & Associates range from $82,857 to $106,209 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.
The salary at Hammitt & Associates is higher than the similar company. The average annual salary at Hammitt & Associates is $94,046, or an hourly wage of $45, in comparison to Shannon Optical Company Inc which pays $92,970 per year or $45 per hour.
In many roles at Hammitt & Associates, 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.
Troy's Cost of Living Index is approximately 107.3 (7.3% more expensive than US average; 17.5% more than MI average). This significantly impacts the purchasing power of a salary from Hammitt & Associates based there. Our "Cost of Living Insights for Troy" module details this impact, helping you assess the 'real feel' value of your compensation.
Hammitt & Associates 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 Hammitt & Associates" section on this page.
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