Lyman Morse Boatbuilding Salary

Lyman Morse Boatbuilding Salary

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As of August 2026, the average annual salary for employees at Lyman Morse Boatbuilding in the United States is $72,485. This translates to an approximate hourly wage of $35. Salaries at Lyman Morse Boatbuilding typically range from $63,745 to $82,253 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lyman Morse Boatbuilding Pay for Different Roles?

Explore detailed salary information for specific jobs at Lyman Morse Boatbuilding. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Lyman Morse Boatbuilding.
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About Lyman Morse Boatbuilding: Company Profile

Website
www.lymanmorse.com
Founded In
1978
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
THOMASTON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About LYMAN MORSE BOATBUILDING
Lyman-Morse Boatbuilding is a Midcoast maine custom boat builder of power and sailing yachts.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Lyman Morse Boatbuilding's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The onboarding process was fantastic. It's empowering to contribute to manufacturing practices that are not only productive but also ecologically conscious. Strong teamwork fosters efficient and high-quality production. Safety drills and PPE availability show that employee well-being is taken seriously. Overall, the workplace offers consistency but limited excitement or innovation.
Commented in May 12, 2025
32
3
A strong sense of teamwork and accountability keeps this place moving efficiently. Everyone understands the importance of quality and takes their responsibilities seriously. Shift schedules are inconsistent, affecting work-life balance. In a traditional industry, they actively embrace automation, smart factory solutions, and sustainable manufacturing practices. Consistent processes, minimal errors...
Commented in January 13, 2025
44
1
Reliable processes keep our manufacturing running smoothly with minimal downtime. Fast-paced but well-managed environment. Safety is a priority. This commitment to providing the right support helps us maintain quality and efficiency in our daily operations, which benefits everyone. The flow of work is streamlined, the tools are modern, and the management encourages team-based problem-solving and l...
Commented in October 07, 2024
50
3
I’ve worked in several manufacturing plants, but this one stands out. Morale is high thanks to supportive leadership and structured workflows. Team environment is great and communication is strong across departments. Advancement is possible but requires persistence. Equipment is generally reliable with some unexpected downtimes.
Commented in June 09, 2024
43
0
It’s a workplace that supports structure, accountability, and continuous improvement. It's a dynamic environment where continuous learning and problem-solving are integral parts of the job. Results are consistent and reliable every day. Training programs are available but sometimes lack specificity for certain roles.
Commented in January 15, 2024
9
0

How Lyman Morse Boatbuilding's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Lyman Morse Boatbuilding’s pay competitiveness. Click on a company for a deeper dive.

Is Lyman Morse Boatbuilding’s Pay Competitive? Salary Benchmarking Analysis

How does Lyman Morse Boatbuilding'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
LUNMAR $70,136
-3.2%
Normalized for lower cost-of-living zones where LUNMAR primarily operates.
LEAR BAYLOR, INC. $86,250
+19.0%
Data suggests LEAR BAYLOR, INC.'s workforce skews heavily towards veteran, high-tenure roles.
LANDAUBOATS $70,897
-2.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
L & H BOATS $76,090
+5.0%
Adjusted for higher cost-of-living indices in L & H BOATS's primary metro hubs.
MFG Durable Industry $121,746
+68.0%
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.

What Is the Cost of Living Near Portland?

Understanding the cost of living near Portland is key to truly evaluating a salary offer or your current compensation at Lyman Morse Boatbuilding.
Portland's Cost of Living Index is approximately 110.8 (10.8% more expensive than US average; 9.2% more than ME average). Largest ME city, popular, foodie scene, housing costs significantly above ME avg. METRO bus, ferry. When planning your budget based on a salary from Lyman Morse Boatbuilding, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Lyman Morse Boatbuilding salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (METRO 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,085 - $4,855+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Lyman Morse Boatbuilding

FAQ 1: What is the average salary for employees at Lyman Morse Boatbuilding?
The average annual total compensation for employees at Lyman Morse Boatbuilding is approximately $72,485. However, this is an aggregate figure, actual salaries can range significantly, typically from $63,745 to $82,253, depending on factors like job role, experience, and location.
FAQ 2: How much does Lyman Morse Boatbuilding pay compared to LUNMAR?
The average annual salary at Lyman Morse Boatbuilding is $72,485, or an hourly wage of $35, in comparison to LUNMAR which pays $70,135 per year or $34 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Lyman Morse Boatbuilding?
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 Lyman Morse Boatbuilding for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Lyman Morse Boatbuilding offer cost-of-living adjustments (COLA) for employees in high-cost areas like Portland?
While some companies offer formal COLA, many, including potentially Lyman Morse Boatbuilding, 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.
FAQ 5: What's the typical process for salary reviews and raises at Lyman Morse Boatbuilding?
Most companies, likely including Lyman Morse Boatbuilding, 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.

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