Luvak Laboratories Inc Salary

Luvak Laboratories Inc Salary

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As of July 2026, the average annual salary for employees at Luvak Laboratories Inc in the United States is $99,446. This translates to an approximate hourly wage of $48. Salaries at Luvak Laboratories Inc typically range from $87,613 to $112,306 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Luvak Laboratories Inc

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

Is Luvak Laboratories Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Luvak Laboratories 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
Precision Labs $105,554
+6.1%
Adjusted for higher cost-of-living indices in Precision Labs's primary metro hubs.
Suresh Babu And Partners Pvt Ltd $100,343
+0.9%
Indicates identical technical requirements and experience levels between the two firms.
Transformative Sciences LLC $112,294
+12.9%
Data suggests Transformative Sciences LLC's workforce skews heavily towards veteran, high-tenure roles.
Nova Analytics Corp $106,999
+7.6%
Reflects a supply-demand imbalance for the specific talent Nova Analytics Corp targets.
Biotechnology Industry $130,524
+31.2%
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 Luvak Laboratories Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Luvak Laboratories Inc

Considering a career at Luvak Laboratories 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.
While the scientific work is impactful, the day-to-day experience can feel routine. It’s a respectful environment with steady workloads, which can suit certain personality types. I’m proud to contribute to groundbreaking science while being part of a supportive, mission-driven team. Career progression is possible and supported through mentorship and development tools.
Commented in April 03, 2025
35
2
Professional atmosphere; limited cross-functional collaboration in some areas. This supportive atmosphere, combined with the groundbreaking work we do, makes not just a workplace, but a place where you feel genuinely connected and part of something bigger. Leadership actively supports professional development and provides the resources needed to succeed.
Commented in March 20, 2025
43
0
Benefits are good and it is industry-leading. There’s a strong alignment between research goals and company values. The sheer scale allows for unparalleled resources and collaboration opportunities on a global level. The organization embraces diversity and inclusiveness, contributing to a positive culture. Diverse teams and a purpose-driven culture make this a great place to contribute and grow. T...
Commented in May 15, 2024
37
1

Luvak Laboratories Inc Overview

Website
www.luvak.com
Founded In
1970
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
722 Main St Boylston Massachusetts MA 01505
Revenue
<$5 Million
Phone Number
+1 5088696401
Social Media
About Luvak Laboratories Inc
Luvak Laboratories was founded in 1970 as a small independent materials testing laboratory in Boylston, Massachusetts. Our founder, Leo Ollila, shared his extensive metallurgy expertise with his employees and customers. Leo specialized in hydrogen testing, having perfected the vacuum hot extraction method on the NRC Model 917. This machine is known for its high-precision testing and its ability to

What Benefits Does Luvak Laboratories Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Luvak Laboratories 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 Worcester?

Understanding the cost of living near Worcester is key to truly evaluating a salary offer or your current compensation at Luvak Laboratories Inc.
Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). Central MA city, growing, more affordable than Boston area. WRTA bus, Commuter Rail. When planning your budget based on a salary from Luvak Laboratories 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 Luvak Laboratories Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (WRTA 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 $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,960 - $4,610+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Luvak Laboratories Inc

1. How much does a Luvak Laboratories Inc employee make?

Luvak Laboratories Inc pays its employees an average of $99,446 per year. The average salary at Luvak Laboratories Inc range from $87,613 to $112,306 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 Luvak Laboratories Inc?

The salary at Luvak Laboratories Inc is lesser than the similar company. The average annual salary at Luvak Laboratories Inc is $99,446, or an hourly wage of $48, in comparison to Precision Labs which pays $105,554 per year or $51 per hour.

3. How much does a President typically earn at Luvak Laboratories Inc?

A President at Luvak Laboratories Inc typically earns an average annual base salary of around $769,803, with a general range of $590,070 to $968,938.

4. Do employees with advanced degrees (Master's, PhD) earn more at Luvak Laboratories Inc?

In many roles at Luvak Laboratories Inc, 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 Worcester affect the perceived value of a Luvak Laboratories Inc salary?

Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). This significantly impacts the purchasing power of a salary from Luvak Laboratories Inc based there. Our "Cost of Living Insights for Worcester" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Luvak Laboratories Inc typically offer employees?

Luvak Laboratories Inc 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 Luvak Laboratories Inc" section on this page.

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