| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Need Supply Co | $47 |
+0.8%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Navy Exchange Service Command | $46 |
-2.3%
|
Suggests Navy Exchange Service Command utilizes a highly similar base-plus-benefits compensation model. |
| Toyota 4Runner Limited 4WD V6 | $45 |
-3.6%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Boening Brothers Inc | $53 |
+13.4%
|
Adjusted for higher cost-of-living indices in Boening Brothers Inc's primary metro hubs. |
| Retail & Wholesale Industry | $60 |
+25.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$47 / hour
Salary Range: $42 - $54
Richmond, VA
$46 / hour
Salary Range: $40 - $52
Virginia Beach, VA
$45 / hour
Salary Range: $40 - $51
Danville, VA
$53 / hour
Salary Range: $47 - $61
Lindenhurst, NY
$52 / hour
Salary Range: $46 - $59
Chula Vista, CA
$47 / hour
Salary Range: $42 - $54
$45 / hour
Salary Range: $39 - $51
Tucson, AZ
$41 / hour
Salary Range: $36 - $46
Elko, NV
$47 / hour
Salary Range: $41 - $53
New Braunfels, 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) | $1,100 - $1,600+ | A significant portion of LydaDesigns Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (GRTC monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $580 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,440 - $3,790+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
LydaDesigns Inc pays its employees an average of $47 per hour. The average salary at LydaDesigns Inc range from $41 to $53 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.
The salary at LydaDesigns Inc is lesser than the similar company. The average annual salary at LydaDesigns Inc is $98,044, or an hourly wage of $47, in comparison to Need Supply Co which pays $98,793 per year or $47 per hour.
In many roles at LydaDesigns 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.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from LydaDesigns Inc based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.
LydaDesigns 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 LydaDesigns Inc" section on this page.
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