$787,522 / year
Salary Range: $602,167 - $993,030
Executive
$146,341 / year
Salary Range: $128,777 - $161,096
Project Engineering
$137,480 / year
Salary Range: $117,022 - $158,250
Creative Arts
$106,379 / year
Salary Range: $98,501 - $113,581
Electrical Engineering
$103,625 / year
Salary Range: $96,463 - $108,689
Engineering
$93,082 / year
Salary Range: $85,055 - $101,294
Quality Assurance
$83,937 / year
Salary Range: $79,394 - $91,814
Structural Engineering
$75,249 / year
Salary Range: $65,973 - $85,288
Pipefitting
$74,056 / year
Salary Range: $70,014 - $77,604
Electrical Engineering
$69,729 / year
Salary Range: $61,798 - $76,859
Design and Drafting
$62,656 / year
Salary Range: $55,108 - $71,964
Mechanical
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| PMG Project Management Group LLC | $91,831 |
-9.7%
|
PMG Project Management Group LLC focuses strategically on recruiting and training entry-level apprentices. |
| H & a Group 6 LLC | $105,649 |
+3.8%
|
Supported by H & a Group 6 LLC's high-margin contracts allowing higher overhead. |
| MRD Lighting | $108,992 |
+7.1%
|
Reflects structural premiums typical of MRD Lighting's large-cap national operations. |
| Emaa Da LLC | $88,508 |
-13.0%
|
Emaa Da LLC operates with a leaner overhead structure, impacting base wage offers. |
| Business Services Industry | $120,931 |
+18.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$91,831 / year
Salary Range: $80,712 - $103,892
Houston, TX
$105,649 / year
Salary Range: $92,808 - $119,610
Newtown, CT
$108,992 / year
Salary Range: $95,786 - $123,305
Long Island City, NY
$88,508 / year
Salary Range: $77,780 - $100,124
Desoto, TX
$89,289 / year
Salary Range: $78,476 - $101,014
Atlanta, GA
$86,715 / year
Salary Range: $76,213 - $98,100
St. Louis, MO
$86,747 / year
Salary Range: $76,241 - $98,137
Austin, TX
$95,533 / year
Salary Range: $83,956 - $108,075
Yeadon, PA
$85,702 / year
Salary Range: $75,324 - $96,954
Beaumont, TX
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) | $1,600 - $2,400+ | A significant portion of Innovative Design Engineering Associates Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (Milford Transit pass, Metro-North extra) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $650 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,060 - $4,820+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Innovative Design Engineering Associates Inc pays its employees an average of $101,735 per year. The average salary at Innovative Design Engineering Associates Inc range from $89,409 to $115,098 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 Innovative Design Engineering Associates Inc is higher than the similar company. The average annual salary at Innovative Design Engineering Associates Inc is $101,735, or an hourly wage of $49, in comparison to PMG Project Management Group LLC which pays $91,831 per year or $44 per hour.
A Managing Director at Innovative Design Engineering Associates Inc typically earns an average annual base salary of around $787,522, with a general range of $602,167 to $993,030.
In many roles at Innovative Design Engineering Associates 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.
Milford's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 7.1% more than CT average). This significantly impacts the purchasing power of a salary from Innovative Design Engineering Associates Inc based there. Our "Cost of Living Insights for Milford" module details this impact, helping you assess the 'real feel' value of your compensation.
Innovative Design Engineering Associates 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 Innovative Design Engineering Associates Inc" section on this page.
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