| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Smart Industries Corp | $85,281 |
-19.0%
|
Smart Industries Corp focuses strategically on recruiting and training entry-level apprentices. |
| MakerX | $87,432 |
-17.0%
|
MakerX may offer non-monetary perks in lieu of competitive base salaries. |
| Contrast Optical Design & Engineering Inc | $82,549 |
-21.6%
|
Normalized for lower cost-of-living zones where Contrast Optical Design & Engineering Inc primarily operates. |
| Peak to Peak Engineered Railings | $81,104 |
-23.0%
|
Typical compensation structure for smaller regional agencies like Peak to Peak Engineered Railings. |
| MFG Durable Industry | $121,746 |
+15.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$85,281 / year
Salary Range: $75,113 - $96,234
Des Moines, IA
$87,432 / year
Salary Range: $77,001 - $98,661
$82,549 / year
Salary Range: $72,713 - $93,149
Albuquerque, NM
$81,104 / year
Salary Range: $71,439 - $91,527
Topeka, KS
$91,472 / year
Salary Range: $80,575 - $103,221
Annapolis Junction, MD
$76,600 / year
Salary Range: $67,471 - $86,443
Greenwood, MS
$84,774 / year
Salary Range: $74,664 - $95,661
Painted Post, NY
$83,013 / year
Salary Range: $73,097 - $93,698
Springfield, WV
$78,393 / year
Salary Range: $69,029 - $88,491
Ulm, MT
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) | $3,500 - $5,000+ (Highly variable by borough) | A significant portion of Hongyi Inc 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. |
Hongyi Inc pays its employees an average of $105,290 per year. The average salary at Hongyi Inc range from $92,735 to $118,805 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 Hongyi Inc is higher than the similar company. The average annual salary at Hongyi Inc is $105,290, or an hourly wage of $51, in comparison to Smart Industries Corp which pays $85,281 per year or $41 per hour.
In many roles at Hongyi Inc, 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.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Hongyi Inc based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.
Hongyi Inc 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 Hongyi Inc" section on this page.
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