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Lloyd Hearing Aid Corp Salary

Lloyd Hearing Aid Corp Salary

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As of October 2026, the average annual salary for employees at Lloyd Hearing Aid Corp in the United States is $87,875. This translates to an approximate hourly wage of $42. Salaries at Lloyd Hearing Aid Corp typically range from $77,276 to $99,368 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lloyd Hearing Aid Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Lloyd Hearing Aid Corp. Based on our data, the highest paying job is the President, with an annual salary of $680,233. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Lloyd Hearing Aid Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Lloyd Hearing Aid Corp'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
Robert E Otto Inc $96,430
+9.7%
Influenced by prevailing union wage agreements specific to Robert E Otto Inc's sector.
Luciana Balderrama $84,785
-3.5%
Luciana Balderrama operates with a leaner overhead structure, impacting base wage offers.
Turbodega $91,335
+3.9%
Adjusted for higher cost-of-living indices in Turbodega's primary metro hubs.
Turnkey Product Solutions Inc $82,886
-5.7%
Reflects market rates for standard general contracting, differing from specialized roles.
Retail & Wholesale Industry $123,318
+40.3%
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.

How Lloyd Hearing Aid Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Lloyd Hearing Aid Corp. Click a company name to learn more.

Employee Reviews: Working at Lloyd Hearing Aid Corp

Considering a career at Lloyd Hearing Aid Corp? 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.
Decent pay and quarterly incentives. Training is available for new processes, and the benefits package meets basic needs. The benefits are competitive, and the leadership is approachable. A supportive workplace with great leadership.
Commented in March 08, 2025
29
2
The Retail & Wholesale industry has its challenges, but this company manages them well. I appreciate the regular training sessions that help employees stay updated with retail trends. Benefits like health insurance and flexible scheduling add value. The company provides a structured work setting with clear guidelines. The work environment is collaborative, and management values employee input. The...
Commented in February 08, 2025
36
3
Felt prepared from day one. I enjoy the dynamic nature of the job. Flexible shifts make it easier to manage personal commitments.
Commented in January 26, 2024
31
0

Lloyd Hearing Aid Corp Overview

Website
www.lloydhearingaid.com
Founded In
1962
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
4435 Manchester Dr Rockford Illinois IL 61109
Revenue
<$5 Million
Phone Number
+1 8159644191
Social Media
About Lloyd Hearing Aid Corp
Hearing Aids have been sold by Lloyds Hearing Aids for over 40 years, with the best prices on all hearing aids, digital hearing aids, hearing aid batteries, and hearing aid accessories.

What Benefits Does Lloyd Hearing Aid Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lloyd Hearing Aid Corp 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 Rockford?

Understanding the cost of living near Rockford is key to truly evaluating a salary offer or your current compensation at Lloyd Hearing Aid Corp.
Rockford's Cost of Living Index is approximately 77.8 (22.2% less expensive than US average; 17.1% less than IL average). Northern IL city, very affordable housing. RMTD bus. When planning your budget based on a salary from Lloyd Hearing Aid Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,100+ A significant portion of Lloyd Hearing Aid Corp salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (RMTD monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,945 - $3,075+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lloyd Hearing Aid Corp

1. How much does a Lloyd Hearing Aid Corp employee make?

Lloyd Hearing Aid Corp pays its employees an average of $87,875 per year. The average salary at Lloyd Hearing Aid Corp range from $77,276 to $99,368 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.

2. Which similar company tend to pay more or less than Lloyd Hearing Aid Corp?

The salary at Lloyd Hearing Aid Corp is lesser than the similar company. The average annual salary at Lloyd Hearing Aid Corp is $87,875, or an hourly wage of $42, in comparison to Robert E Otto Inc which pays $96,430 per year or $46 per hour.

3. How much does a President typically earn at Lloyd Hearing Aid Corp?

A President at Lloyd Hearing Aid Corp typically earns an average annual base salary of around $680,233, with a general range of $520,454 to $857,316.

4. Do employees with advanced degrees (Master's, PhD) earn more at Lloyd Hearing Aid Corp?

In many roles at Lloyd Hearing Aid Corp, 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.

5. How does the cost of living near Rockford affect the perceived value of a Lloyd Hearing Aid Corp salary?

Rockford's Cost of Living Index is approximately 77.8 (22.2% less expensive than US average; 17.1% less than IL average). This significantly impacts the purchasing power of a salary from Lloyd Hearing Aid Corp based there. Our "Cost of Living Insights for Rockford" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lloyd Hearing Aid Corp typically offer employees?

Lloyd Hearing Aid Corp 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 Lloyd Hearing Aid Corp" section on this page.

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