Innovative Design Engineering Associates Inc Salary

As of August 2026, the average annual salary for employees at Innovative Design Engineering Associates Inc in the United States is $101,735. This translates to an approximate hourly wage of $49. Salaries at Innovative Design Engineering Associates Inc typically range from $89,409 to $115,098 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Innovative Design Engineering Associates Inc

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Is Innovative Design Engineering Associates Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innovative Design Engineering Associates Inc'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
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.
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.

Employee Reviews: Working at Innovative Design Engineering Associates Inc

Considering a career at Innovative Design Engineering Associates Inc? 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.
From day one, I felt like a valued member of the team. The leadership genuinely listens and communicates goals clearly. Training is available but generic. This creates a really enjoyable and productive work environment for a company of our moderate size. Great exposure to a variety of business clients.
The flexibility, recognition, and fairness in evaluations create a motivating atmosphere. Some teams are highly efficient, while others lag. Collaboration across departments is encouraged, making projects enjoyable and productive. The company has strong financial stability, which provides a great sense of job security. Every decision and strategy is geared towards achieving the best possible outco...
We know what the company's goals are and how our performance contributes to our potential bonus. Employees are generally supported, and the work environment is positive and respectful. It’s a sustainable pace that allows for consistent high-quality work without sacrificing our well-being.

Innovative Design Engineering Associates Inc Overview

Website
www.ideas4eng.com
Founded In
1995
Employees
<25 employees
Industry
Business Services
Headquarter Address
612 Wheelers Farms Rd Milford Connecticut CT 06461
Revenue
$5 Million - $10 Million
Phone Number
+1 2039514100
Social Media
About Innovative Design Engineering Associates Inc
Headquartered in Milford, CT, Innovative Design Engineering Associate's (IDEA) Clients include leaders in the Chemical, Pharmaceutical, Heavy Industry and Institutional areas. IDEA has the talent and knowledge necessary to design state-of-the-art facilities that are demanded by today's competitive research and manufacturing environments. IDEA was founded in 1995 by a group of seasoned engineering

What Benefits Does Innovative Design Engineering Associates Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovative Design Engineering Associates Inc 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 Milford?

Understanding the cost of living near Milford is key to truly evaluating a salary offer or your current compensation at Innovative Design Engineering Associates Inc.
Milford's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 7.1% more than CT average). Coastal Fairfield/New Haven County line, desirable, higher housing costs. Milford Transit, Metro-North. When planning your budget based on a salary from Innovative Design Engineering Associates Inc, consider these typical monthly expenses:
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.

FAQs of Innovative Design Engineering Associates Inc

1. How much does an Innovative Design Engineering Associates Inc employee make?

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.

2. Which similar company tend to pay more or less than Innovative Design Engineering Associates Inc?

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.

3. How much does a Managing Director typically earn at Innovative Design Engineering Associates Inc?

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.

4. Do employees with advanced degrees (Master's, PhD) earn more at Innovative Design Engineering Associates Inc?

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.

5. How does the cost of living near Milford affect the perceived value of a Innovative Design Engineering Associates Inc salary?

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.

6. What kind of benefits does Innovative Design Engineering Associates Inc typically offer employees?

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.