Lotek Innovations Ltd Salary

Lotek Innovations Ltd Salary

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As of May 2026, the average annual salary for employees at Lotek Innovations Ltd in the United States is $100,691. This translates to an approximate hourly wage of $48. Salaries at Lotek Innovations Ltd typically range from $88,721 to $113,586 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lotek Innovations Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Lotek Innovations Ltd. Based on our data, the highest paying job is the Principal Engineer, with an annual salary of $148,252. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Lotek Innovations Ltd

Ready for your next career move? Explore current job openings at Lotek Innovations Ltd. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lotek Innovations Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Lotek Innovations Ltd'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
Noblemax Corp $89,732
-10.9%
Noblemax Corp likely leverages performance bonuses over the high base salary shown here.
Utm LLC $87,601
-13.0%
Typical compensation structure for smaller regional agencies like Utm LLC.
foseco Inc $90,871
-9.8%
foseco Inc may offer non-monetary perks in lieu of competitive base salaries.
Liven LLC $89,584
-11.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Software & Networking Industry $126,859
+26.0%
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 Lotek Innovations Ltd's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Lotek Innovations Ltd. Click a company name to learn more.

Employee Reviews: Working at Lotek Innovations Ltd

Considering a career at Lotek Innovations Ltd? 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.
The leadership team is supportive and encourages internal promotions, which is motivating. Management listens to employee concerns and implements positive changes. The leadership is transparent, and communication flows well across departments. The company also prioritizes sustainability, which I admire. The company has a clear vision, and employees are aligned with its goals.
Commented in March 26, 2025
25
0
The work environment is energetic yet balanced. The benefits are on par with similar companies. The work environment is positive, and leadership is inspiring.
Commented in March 15, 2025
38
2
It’s a stable workplace with a focus on steady progress rather than rapid changes. The Retail side is busy but well-structured. I’ve gained valuable experience here, and the leadership team is fantastic. Benefits like health insurance and bonuses are a plus. The retail space is clean, and schedules are fair. The workplace is well-maintained, and tasks are clearly assigned. The team is hardworking,...
Commented in July 04, 2024
27
3

Lotek Innovations Ltd Overview

Website
www.lotek.net
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Software & Networking
Headquarter Address
1203 Minnesota Way Upper Marlboro Maryland MD 20774
Revenue
<$5 Million
Phone Number
+1 3019201394
Social Media
About Lotek Innovations Ltd
We have a long history of technical excellence. Lotek Innovations was incorporated in 2005 as a small software development company, specializing in delivering high quality software on tight schedules. Many of our clients were startups wanting to bring their product to market quickly while still ensuring a robust and flexible solution that can respond quickly to market changes and scale with their

What Benefits Does Lotek Innovations Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lotek Innovations Ltd 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 Washington?

Understanding the cost of living near Washington is key to truly evaluating a salary offer or your current compensation at Lotek Innovations Ltd.
Washington D.C.'s Cost of Living Index is approximately 148.7 (48.7% more expensive than US average). Nation's capital, very high housing costs, extensive public transit (WMATA), high overall expenses. When planning your budget based on a salary from Lotek Innovations Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,300+ A significant portion of Lotek Innovations Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70-200+ (WMATA SmarTrip varies by use) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,770 - $5,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lotek Innovations Ltd

1. How much does a Lotek Innovations Ltd employee make?

Lotek Innovations Ltd pays its employees an average of $100,691 per year. The average salary at Lotek Innovations Ltd range from $88,721 to $113,586 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 Lotek Innovations Ltd?

The salary at Lotek Innovations Ltd is higher than the similar company. The average annual salary at Lotek Innovations Ltd is $100,691, or an hourly wage of $48, in comparison to Noblemax Corp which pays $89,732 per year or $43 per hour.

3. How much does a Principal Engineer typically earn at Lotek Innovations Ltd?

A Principal Engineer at Lotek Innovations Ltd typically earns an average annual base salary of around $148,252, with a general range of $136,707 to $159,737.

4. Do employees with advanced degrees (Master's, PhD) earn more at Lotek Innovations Ltd?

In many roles at Lotek Innovations Ltd, 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 Washington affect the perceived value of a Lotek Innovations Ltd salary?

Washington D.C.'s Cost of Living Index is approximately 148.7 (48.7% more expensive than US average). This significantly impacts the purchasing power of a salary from Lotek Innovations Ltd based there. Our "Cost of Living Insights for Washington" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lotek Innovations Ltd typically offer employees?

Lotek Innovations Ltd 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 Lotek Innovations Ltd" section on this page.

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