Matrix Test Equipment Inc Salary
How Much Does Matrix Test Equipment Inc Pay for Different Roles?
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Is Matrix Test Equipment Inc’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| BEP Analytics | $104,763 |
+4.7%
|
Adjusted for higher cost-of-living indices in BEP Analytics's primary metro hubs. |
| Albert H Hopper Monuments | $101,946 |
+1.9%
|
Confirms Albert H Hopper Monuments is a direct competitor vying for the exact same talent pool. |
| Dmart Products LLC | $101,250 |
+1.2%
|
Indicates identical technical requirements and experience levels between the two firms. |
| AEM-Test | $87,707 |
-12.4%
|
AEM-Test operates with a leaner overhead structure, impacting base wage offers. |
| MFG Durable Industry | $121,746 |
+21.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Matrix Test Equipment Inc's Salaries Compare to Similar Companies?
BEP Analytics
$104,763 / year
Salary Range: $92,277 - $118,220
New York City, NY
Albert H Hopper Monuments
$101,946 / year
Salary Range: $89,793 - $115,037
North Arlington, NJ
Dmart Products LLC
$101,250 / year
Salary Range: $89,179 - $114,245
Parlin, NJ
AEM-Test
$87,707 / year
Salary Range: $77,249 - $98,966
Powertek US Inc
$95,723 / year
Salary Range: $84,314 - $108,014
Reading, NY
ePIDoX Solutions
$86,873 / year
Salary Range: $76,525 - $98,039
Plano, TX
EagleTek Solutions
$86,873 / year
Salary Range: $76,515 - $98,027
Dallas, TX
Hitec Exports Ltd
$86,483 / year
Salary Range: $76,176 - $97,588
Liverpool, TX
CAL-ASIA Pte Ltd
$99,647 / year
Salary Range: $87,768 - $112,452
Concord, CA
Employee Reviews: Working at Matrix Test Equipment Inc
Matrix Test Equipment Inc Overview
What Benefits Does Matrix Test Equipment Inc Offer Beyond Salary?
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What Is the Cost of Living Near Edison?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,500+ | A significant portion of Matrix Test Equipment Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | NJ Transit bus/rail (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $670 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,140 - $4,920+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Matrix Test Equipment Inc
1. What is the typical salary range (low to high) for most roles at Matrix Test Equipment Inc?
The typical annual salary range for most roles at Matrix Test Equipment Inc is approximately from $88,144 to $112,928. 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. How much does Matrix Test Equipment Inc pay compared to BEP Analytics?
The average annual salary at Matrix Test Equipment Inc is $100,079, or an hourly wage of $48, in comparison to BEP Analytics which pays $104,763 per year or $50 per hour.
3. Do salaries differ significantly between departments at Matrix Test Equipment Inc?
Yes, salaries often differ between departments at Matrix Test Equipment Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.
4. How does experience level affect salary at Matrix Test Equipment Inc?
Experience level is a significant factor in determining salary at Matrix Test Equipment Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
5. How can I determine if a salary offer from Matrix Test Equipment Inc in Edison is fair given the local cost of living?
To determine if a salary offer from Matrix Test Equipment Inc in Edison is fair, first compare the gross salary to our data for similar roles at Matrix Test Equipment Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Edison" to understand its purchasing power.
6. Why might an individual's actual salary at Matrix Test Equipment Inc differ from the ranges shown here?
An individual's actual salary at Matrix Test Equipment Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.
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