Luminare Salary

Luminare pays its employees an average of $59,388 per year. The average salary at Luminare range from $52,190 to $67,560 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 Luminare is lesser than the similar company. The average annual salary at Luminare is $59,388, or an hourly wage of $29, in comparison to LRD, INC. which pays $67,367 per year or $32 per hour.

In many roles at Luminare, 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.

Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). This significantly impacts the purchasing power of a salary from Luminare based there. Our "Cost of Living Insights for Columbus" module details this impact, helping you assess the 'real feel' value of your compensation.

Luminare 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 Luminare" section on this page.