| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Midwest Recreation Products | $88,508 |
+0.3%
|
Confirms Midwest Recreation Products is a direct competitor vying for the exact same talent pool. |
| Central Optica | $95,607 |
+8.3%
|
Reflects a supply-demand imbalance for the specific talent Central Optica targets. |
| SRx Consultant Group LLC | $89,742 |
+1.7%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| CommCan Inc | $97,126 |
+10.1%
|
Supported by CommCan Inc's high-margin contracts allowing higher overhead. |
| Retail & Wholesale Industry | $123,318 |
+39.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$88,508 / year
Salary Range: $77,835 - $100,075
Spring Arbor, MI
$95,607 / year
Salary Range: $84,085 - $108,111
West Hartford, CT
$89,742 / year
Salary Range: $78,925 - $101,478
Chandler, AZ
$97,126 / year
Salary Range: $85,422 - $109,830
Millis, MA
$85,713 / year
Salary Range: $75,388 - $96,929
Maitland, FL
$96,894 / year
Salary Range: $85,212 - $109,562
Minneapolis, MN
$89,668 / year
Salary Range: $78,861 - $101,392
Platte Woods, MO
$92,928 / year
Salary Range: $81,730 - $105,075
Houston, TX
$96,514 / year
Salary Range: $84,882 - $109,135
Upland, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,000 - $1,500+ | A significant portion of Modern Optics Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Modern Optics Inc pays its employees an average of $88,255 per year. The average salary at Modern Optics Inc range from $77,615 to $99,795 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 Modern Optics Inc is lesser than the similar company. The average annual salary at Modern Optics Inc is $88,255, or an hourly wage of $42, in comparison to Midwest Recreation Products which pays $88,508 per year or $43 per hour.
A President at Modern Optics Inc typically earns an average annual base salary of around $683,172, with a general range of $522,738 to $860,998.
In many roles at Modern Optics 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.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Modern Optics Inc based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
Modern Optics 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 Modern Optics Inc" section on this page.
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