| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Gemini Electronic Components Inc | $99,752 |
-1.4%
|
Suggests Gemini Electronic Components Inc utilizes a highly similar base-plus-benefits compensation model. |
| Treyus | $83,118 |
-17.8%
|
Treyus may offer non-monetary perks in lieu of competitive base salaries. |
| North Texas Screw Compressors LLC | $84,236 |
-16.7%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Square One Signs | $85,818 |
-15.1%
|
Normalized for lower cost-of-living zones where Square One Signs primarily operates. |
| MFG Durable Industry | $121,746 |
+20.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$99,752 / year
Salary Range: $87,860 - $112,562
Randolph, NJ
$83,118 / year
Salary Range: $73,207 - $93,783
Kannapolis, NC
$84,236 / year
Salary Range: $74,197 - $95,051
Haslet, TX
$85,818 / year
Salary Range: $75,590 - $96,844
Newnan, GA
$92,727 / year
Salary Range: $81,675 - $104,636
Puyallup, WA
$89,785 / year
Salary Range: $79,081 - $101,319
Katy, TX
$87,285 / year
Salary Range: $76,882 - $98,490
Metamora, MI
$88,909 / year
Salary Range: $78,312 - $100,331
Tomball, TX
$83,983 / year
Salary Range: $73,968 - $94,759
Lansing, MI
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) | $2,500 - $3,800+ | A significant portion of Lavan Drives & Controls Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $121 (PATH 30-day unlimited) / NJ Transit varies | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $470 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $900+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $420 - $780+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,041 - $6,401+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Lavan Drives & Controls Inc pays its employees an average of $101,124 per year. The average salary at Lavan Drives & Controls Inc range from $89,060 to $114,111 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 Lavan Drives & Controls Inc is higher than its peer company. The average annual salary at Lavan Drives & Controls Inc is $101,124, or an hourly wage of $49, in comparison to Gemini Electronic Components Inc which pays $99,752 per year or $48 per hour.
The higher-paying job at Lavan Drives & Controls Inc, according to our data, include President (avg. $782,786 per year), Chief Operating Officer (avg. $456,646 per year), and Service Engineer (avg. $95,184 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at Lavan Drives & Controls Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
Yes, it's very likely that salaries at Lavan Drives & Controls Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Jersey City section provides more context.
Lavan Drives & Controls Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Lavan Drives & Controls Inc" section on this page.
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