Draper Laboratory Salary
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Current Job Openings at Draper Laboratory
Is Draper Laboratory’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Cambridge Sequencing Laboratory | $51 |
-2.5%
|
Confirms Cambridge Sequencing Laboratory is a direct competitor vying for the exact same talent pool. |
| Paige Laboratory | $47 |
-10.2%
|
Paige Laboratory likely leverages performance bonuses over the high base salary shown here. |
| O R Laboratories | $52 |
-0.3%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Laboratory - Harvard | $51 |
-2.6%
|
Suggests Laboratory - Harvard utilizes a highly similar base-plus-benefits compensation model. |
| Healthcare Industry | $59 |
+12.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
Companies Similar to Draper Laboratory and Their Hourly Pay Rates
Cambridge Sequencing Laboratory
$51 / hour
Salary Range: $44 - $57
Cambridge, MA
Paige Laboratory
$47 / hour
Salary Range: $41 - $53
Amherst, MA
O R Laboratories
$52 / hour
Salary Range: $45 - $59
Somerville, MA
Laboratory - Harvard
$51 / hour
Salary Range: $44 - $57
Boston, MA
Longhouse-northshire Ltd
$39 / hour
Salary Range: $35 - $45
Spencer, IA
Perinatal Group:: Northridge
$51 / hour
Salary Range: $45 - $58
Northridge, CA
Danville Center For Health
$43 / hour
Salary Range: $37 - $48
Danville, KY
Cmdpn Medical Group of Washington PC
$46 / hour
Salary Range: $41 - $52
Denver, CO
Q Psychology Group, A Psychological Corp
$52 / hour
Salary Range: $46 - $59
El Segundo, CA
Employee Reviews: Working at Draper Laboratory
Draper Laboratory Overview
What Benefits Does Draper Laboratory Offer Beyond Salary?
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What Is the Cost of Living Near Boston?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,500 - $3,800+ | A significant portion of Draper Laboratory salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $90 (MBTA LinkPass monthly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $500 - $750 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $550 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $450 - $850+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,270 - $6,690+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Draper Laboratory
1. What is the typical salary range (low to high) for most roles at Draper Laboratory?
The typical salary range for most roles at Draper Laboratory is approximately from $46 to $59 per hour. 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 Draper Laboratory pay compared to Cambridge Sequencing Laboratory?
The average annual salary at Draper Laboratory is $108,022, or an hourly wage of $52, in comparison to Cambridge Sequencing Laboratory which pays $105,322 per year or $51 per hour.
3. How does experience level affect salary at Draper Laboratory?
Experience level is a significant factor in determining salary at Draper Laboratory, 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.
4. How can I determine if a salary offer from Draper Laboratory in Boston is fair given the local cost of living?
To determine if a salary offer from Draper Laboratory in Boston is fair, first compare the gross salary to our data for similar roles at Draper Laboratory and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Boston" to understand its purchasing power.
5. What factors influence salary increases at Draper Laboratory?
Salary increases at Draper Laboratory 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.
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