Laxmi Therapeutic Devices Research Principal & Development Scientist Salary

Research Principal & Development Scientist Salary at Laxmi Therapeutic Devices BETA

How much does a Laxmi Therapeutic Devices Research Principal & Development Scientist make?

As of March 2025, the average annual salary for a Research Principal & Development Scientist at Laxmi Therapeutic Devices is $131,812, which translates to approximately $63 per hour. Salaries for Research Principal & Development Scientist at Laxmi Therapeutic Devices typically range from $119,588 to $143,698, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Laxmi Therapeutic Devices Overview

Website:
laxmitherapeuticdevices.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Retail & Wholesale

Laxmi Therapeutic Devices is a company that operates in the Medical Devices industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Goleta, California.

See similar companies related to Laxmi Therapeutic Devices

What Skills Does a person Need at Laxmi Therapeutic Devices?

At Laxmi Therapeutic Devices, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Insight: Insight is the understanding cause and effect based on the identification of relationships and behaviors within a model, context, or scenario.
  3. Market Research: Market research is an organized effort to gather information about target markets or customers. It is a very important component of business strategy. The term is commonly interchanged with marketing research; however, expert practitioners may wish to draw a distinction, in that marketing research is concerned specifically about marketing processes, while market research is concerned specifically with markets. Market research is one of the main factors used in maintaining competitiveness over competitors. Market research provides important information which helps to identify and analyze the needs of the market, the market size and the competition. Market-research techniques encompass both qualitative techniques such as focus groups, in-depth interviews, and ethnography, as well as quantitative techniques such as customer surveys, and analysis of secondary data. Market research, which includes social and opinion research, is the systematic gathering and interpretation of information about individuals or organizations using statistical and analytical methods and techniques of the applied social sciences to gain insight or support decision making.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.

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Check more jobs information at Laxmi Therapeutic Devices

Job Title Average Laxmi Therapeutic Devices Salary Hourly Rate
2 Mechanical Engineer $97,396 $47
3 Mechanical Engineering Intern $66,906 $32
4 Office Manager $72,891 $35
5 Principal Mechanical Engineer $140,476 $68
6 Engineer $75,258 $36
7 Manager, Engineering $129,126 $62
8 Chemist $88,561 $43
9 Chief Operating Officer $424,352 $204
10 Lead Mechanical Engineer $97,396 $47
11 QA Tester $46,403 $22
12 Senior Mechanical Engineer $97,396 $47

Hourly Pay at Laxmi Therapeutic Devices

The average hourly pay at Laxmi Therapeutic Devices for a Research Principal & Development Scientist is $63 per hour. The location, department, and job description all have an impact on the typical compensation for Laxmi Therapeutic Devices positions. The pay range and total remuneration for the job title are shown in the table below. Laxmi Therapeutic Devices may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $131,812 look to you?

FAQ about Salary and Jobs at Laxmi Therapeutic Devices

1. How much does Laxmi Therapeutic Devices pay per hour?
The average hourly pay is $63. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Laxmi Therapeutic Devices?
According to the data, the highest approximate salary is about $143,698 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Laxmi Therapeutic Devices?
According to the data, the lowest estimated salary is about $119,588 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.