Lumina Power Inc Salary

As of August 2026, the average annual salary for employees at Lumina Power Inc in the United States is $97,569. This translates to an approximate hourly wage of $47. Salaries at Lumina Power Inc typically range from $85,917 to $110,160 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lumina Power Inc

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Is Lumina Power Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lumina Power Inc'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
Aesir Technologies Inc $87,148
-10.7%
Aesir Technologies Inc operates with a leaner overhead structure, impacting base wage offers.
Engineered Sleep $88,761
-9.0%
Engineered Sleep may offer non-monetary perks in lieu of competitive base salaries.
Hoelscher Weatherstrip Manufacturing Co $95,976
-1.6%
Indicates identical technical requirements and experience levels between the two firms.
Altima Yachts Inc $91,546
-6.2%
Altima Yachts Inc focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $121,746
+24.8%
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.

Employee Reviews: Working at Lumina Power Inc

Considering a career at Lumina Power Inc? 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.
Career advancement opportunities exist but are limited and competitive. If you’re okay with standing and lifting, it’s a reasonable workplace. Communication from management is formal but sometimes lacks transparency. Management is approachable, and coworkers are always willing to help. Smooth production, reliable deliveries, and quality workmanship define our plant.
It’s a fast-paced but supportive environment where you feel part of something that truly matters to the community. Management checks in occasionally but doesn’t offer much feedback. Leadership communicates company goals clearly and celebrates team achievements. There’s a clear focus on quality, and every department works hard to meet expectations. This isn't just another manufacturing job; it’s a ...
Good for consistent work, less suitable for those seeking active professional development or leadership growth. Supervisors communicate well and help solve problems quickly. Processes are tightly controlled, which helps productivity but limits flexibility.

Lumina Power Inc Overview

Website
www.luminapower.com
Founded In
2001
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
26 Ward Hill Ave Bradford Massachusetts MA 01835
Revenue
$10 Million - $50 Million
Phone Number
+1 9782418260
Social Media
About Lumina Power Inc
Founded in 2001 and headquartered in Bradford MA, Lumina Power Inc manufactures a complete line of power supplies for the high-power laser and electro-optics industries. Lumina Power's products include laser diode drivers, capacitor-charging power supplies, semiconductor power supplies as well as xenon and mercury arc lamp power supplies. The company maintains design and manufacturing facility.

What Benefits Does Lumina Power Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lumina Power Inc 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 Haverhill?

Understanding the cost of living near Haverhill is key to truly evaluating a salary offer or your current compensation at Lumina Power Inc.
Haverhill's Cost of Living Index is approximately 113.2 (13.2% more expensive than US average; 14.6% less than MA average). Merrimack Valley city, historic, more affordable housing. MeVa bus, Commuter Rail. When planning your budget based on a salary from Lumina Power Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Lumina Power Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (MeVa monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,905 - $4,545+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lumina Power Inc

1. What is the average salary for employees at Lumina Power Inc?

The average annual total compensation for employees at Lumina Power Inc is approximately $97,569. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,917 to $110,160, depending on factors like job role, experience, and location.

2. How much does Lumina Power Inc pay compared to Aesir Technologies Inc?

The average annual salary at Lumina Power Inc is $97,569, or an hourly wage of $47, in comparison to Aesir Technologies Inc which pays $87,148 per year or $42 per hour.

3. What is the lowest salary at Lumina Power Inc?

The lowest-paying job at Lumina Power Inc is a Quality Inspector with a salary of $45,728 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Lumina Power Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Lumina Power Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lumina Power Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Haverhill?

While some companies offer formal COLA, many, including potentially Lumina Power Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Lumina Power Inc?

Most companies, likely including Lumina Power Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.