MODSIM World Salary

As of August 2026, the average hourly salary for employees at MODSIM World in the United States is $42. This translates to an approximate annual wage of $87,738. Salaries at MODSIM World typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at MODSIM World

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Is MODSIM World’s Pay Competitive? Salary Benchmarking Analysis

How does MODSIM World'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
Eastern Nursing Research Society $48
+14.2%
Driven by niche technical certifications required for Eastern Nursing Research Society's specialized projects.
Dh Microsystems Inc $45
+7.7%
Supported by Dh Microsystems Inc's high-margin contracts allowing higher overhead.
Celiac Discussion Group $47
+11.8%
Influenced by prevailing union wage agreements specific to Celiac Discussion Group's sector.
Institute For Human Potentials $48
+13.1%
Reflects structural premiums typical of Institute For Human Potentials's large-cap national operations.
Business Services Industry $59
+37.8%
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 MODSIM World

Considering a career at MODSIM World? 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.
I’ve had access to a wide range of training and career development programs, and internal mobility is encouraged. This creates a much more pleasant and productive work environment where energy is spent on our clients and our work, not on navigating office drama. Everyone is genuinely happy to help each other succeed. It makes you feel respected and that your voice actually matters.
It’s a motivating and respectful work environment. The communication from leadership is consistent and transparent. I have a great sense of pride in our work. I’ve had the opportunity to work on high-impact projects with intelligent, driven colleagues. The combination of interesting work, brilliant and kind colleagues, and supportive management creates an environment where I can do my best work an...
Generous PTO that we're actually encouraged to use. I’m excited about my future with this company. Team leaders are supportive and empower their team members. Training is adequate but basic.

MODSIM World Overview

Website
www.modsimworld.org
Founded In
2007
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
100 E Main St Norfolk Virginia VA 23510
Revenue
<$5 Million
Phone Number
+1 7577636200
Social Media
About MODSIM World
MODSIM World 2018 focuses on the application of Modeling and Simulation to support ever-changing future demands under our 2018 theme, "Engineering the Future and Enabling Readiness: Virtually Ready for any Reality". MODSIM World 2018 will be held 24-26 April 2018 at the Norfolk Waterside Marriott, Norfolk, VA. This year's conference will bring together leaders in the M&S field focused on novel Mod

What Benefits Does MODSIM World Offer Beyond Salary?

A competitive compensation package is more than just a salary. MODSIM World 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 Norfolk?

Understanding the cost of living near Norfolk is key to truly evaluating a salary offer or your current compensation at MODSIM World.
Norfolk's Cost of Living Index is approximately 95.3 (4.7% less expensive than US average; 8.5% less than VA average). Hampton Roads city, major naval base, historic, affordable housing. HRT bus/light rail/ferry. When planning your budget based on a salary from MODSIM World, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of MODSIM World salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT 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 $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MODSIM World

1. What is the estimated average total compensation at MODSIM World?

Salary.com estimates that the average total compensation package at MODSIM World, which can include base salary, potential bonuses, and benefits, is around $42 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does MODSIM World pay compared to Eastern Nursing Research Society?

The average annual salary at MODSIM World is $87,738, or an hourly wage of $42, in comparison to Eastern Nursing Research Society which pays $100,195 per year or $48 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at MODSIM World?

Salary progression from an entry-level to a senior role at MODSIM World can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from MODSIM World in Norfolk is fair given the local cost of living?

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

5. Are promotions at MODSIM World usually accompanied by a significant salary increase?

Yes, promotions at MODSIM World are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.