| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| International University of Leadership | $81,715 |
+2.9%
|
Suggests International University of Leadership utilizes a highly similar base-plus-benefits compensation model. |
| Career Technical Education | $94,668 |
+19.2%
|
Reflects structural premiums typical of Career Technical Education's large-cap national operations. |
| Debbie's Daycare Center Inc | $89,025 |
+12.1%
|
Influenced by prevailing union wage agreements specific to Debbie's Daycare Center Inc's sector. |
| Galter Health Sciences Library | $91,187 |
+14.8%
|
Driven by niche technical certifications required for Galter Health Sciences Library's specialized projects. |
| Edu., Gov't. & Nonprofit Industry | $115,341 |
+45.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$81,715 / year
Salary Range: $71,457 - $93,503
Orlando, FL
$94,668 / year
Salary Range: $82,783 - $108,318
Silver Spring, MD
$89,025 / year
Salary Range: $77,853 - $101,868
Shorewood, IL
$91,187 / year
Salary Range: $79,741 - $104,331
Chicago, IL
$90,143 / year
Salary Range: $78,825 - $103,136
Chicago, IL
$87,295 / year
Salary Range: $76,314 - $99,905
Dallas, NC
$86,293 / year
Salary Range: $75,462 - $98,746
$90,533 / year
Salary Range: $79,164 - $103,587
Philadelphia, PA
$96,335 / year
Salary Range: $84,240 - $110,233
Washington, DC
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) | $800 - $1,250+ | A significant portion of LabPhon salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (MTD monthly pass, free for UofI) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,080 - $3,340+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
LabPhon pays its employees an average of $79,416 per year. The average salary at LabPhon range from $69,450 to $90,869 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 LabPhon is lesser than the similar company. The average annual salary at LabPhon is $79,416, or an hourly wage of $38, in comparison to International University of Leadership which pays $81,715 per year or $39 per hour.
In many roles at LabPhon, 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.
Champaign's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 4.3% less than IL average). This significantly impacts the purchasing power of a salary from LabPhon based there. Our "Cost of Living Insights for Champaign" module details this impact, helping you assess the 'real feel' value of your compensation.
LabPhon 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 LabPhon" section on this page.
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