Lumex Inc Salary

As of August 2026, the average hourly salary for employees at Lumex Inc in the United States is $49. This translates to an approximate annual wage of $101,841. Salaries at Lumex Inc typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Lumex Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lumex Inc. Based on our data, the highest paying job is the Head of Purchasing, with an hourly wage of $104. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Lumex Inc

Ready for your next career move? Explore current job openings at Lumex Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lumex Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lumex 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
Precision Metalcraft LLC $50
+2.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
South End Flowers $54
+10.1%
Reflects a supply-demand imbalance for the specific talent South End Flowers targets.
President KEN-TON Electronics Inc $45
-7.5%
President KEN-TON Electronics Inc operates with a leaner overhead structure, impacting base wage offers.
Dat Electronics Corp $56
+14.5%
Influenced by prevailing union wage agreements specific to Dat Electronics Corp's sector.
Retail & Wholesale Industry $60
+21.1%
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 Lumex Inc

Considering a career at Lumex 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.
The company fosters a positive and inclusive work environment. Employee recognition programs are a nice touch. The office setup is functional, and remote work options are sometimes available. The team is talented, and management is supportive. The benefits are in line with industry standards. The company's investment in ongoing training also helps employees stay current with industry developments.
Managers are understanding, and teamwork is encouraged. The employee discount is a nice perk. It’s a decent place to work if you value consistency in a large organization. Overall, it’s a well-run organization with growth potential. A solid option in Retail & Wholesale.
Managers are supportive, and the workload is fair. Good benefits package, including health insurance and performance bonuses. A forward-thinking retail employer. The benefits are great, and the leadership team is inspiring. The benefits, including retirement plans and wellness programs, are excellent.

Lumex Inc Overview

Website
www.lumex.com
Founded In
1980
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
425 N Gary Ave Carol Stream Illinois IL 60188
Revenue
$10 Million - $50 Million
Phone Number
+1 6303152150
Social Media
About Lumex Inc
Founded in 1980, Lumex (a member of the ITW Photonics Group) has been a global leader in the optoelectronics industry, with the broadest range of high efficiency, high performance LEDs and LCDs in the industry. With thousands of standard products and a focus on semi-custom and custom designs, Lumex is a valuable resource for quality and innovation. Lumex's optical range encompasses a wide spectrum

What Benefits Does Lumex Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lumex 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Lumex Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Lumex Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Lumex Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lumex Inc

1. What is the typical salary range (low to high) for most roles at Lumex Inc?

The typical salary range for most roles at Lumex Inc is approximately from $43 to $55 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 Lumex Inc pay compared to Precision Metalcraft LLC?

The average annual salary at Lumex Inc is $101,841, or an hourly wage of $49, in comparison to Precision Metalcraft LLC which pays $104,299 per year or $50 per hour.

3. Do salaries differ significantly between departments at Lumex Inc?

Yes, salaries often differ between departments at Lumex Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Lumex Inc?

Experience level is a significant factor in determining salary at Lumex Inc, 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.

5. How can I determine if a salary offer from Lumex Inc in Chicago is fair given the local cost of living?

To determine if a salary offer from Lumex Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Lumex Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Are the salaries listed for Lumex Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Lumex Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.