Neoteric Hovercraft Inc Salary

Neoteric Hovercraft Inc Salary

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As of July 2026, the average annual salary for employees at Neoteric Hovercraft Inc in the United States is $79,827. This translates to an approximate hourly wage of $38. Salaries at Neoteric Hovercraft Inc typically range from $70,312 to $90,089 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Neoteric Hovercraft Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Neoteric Hovercraft Inc. Based on our data, the highest paying job is the President, with an annual salary of $617,933. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Neoteric Hovercraft Inc

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

Is Neoteric Hovercraft Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Neoteric Hovercraft 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
Infinite Power $95,681
+19.9%
Supported by Infinite Power's high-margin contracts allowing higher overhead.
Texas Silencer Company Inc $85,650
+7.3%
Driven by niche technical certifications required for Texas Silencer Company Inc's specialized projects.
Hassouneh Steel Group $88,656
+11.1%
Data suggests Hassouneh Steel Group's workforce skews heavily towards veteran, high-tenure roles.
Armaspec Inc $111,081
+39.2%
Adjusted for higher cost-of-living indices in Armaspec Inc's primary metro hubs.
MFG Durable Industry $121,746
+52.5%
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 Neoteric Hovercraft Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Neoteric Hovercraft Inc

Considering a career at Neoteric Hovercraft 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.
Scheduling is usually on time. Things run smoothly, but new ideas are often to implement. Competitive pay with solid benefits keeps employees motivated. Management fosters an open culture where ideas for process enhancements are welcomed and acted upon.
Commented in April 12, 2025
12
3
Benefits are decent, including health insurance and retirement plans. Recognition programs celebrate successes, boosting morale. The benefits are reasonable, and the work is rarely overwhelming. The company maintains reasonable benefits and stable work but offers limited growth opportunities. The company's reputation for quality products makes me proud to be part of the team. The environment is st...
Commented in October 26, 2024
24
2
Recognition programs celebrate individual and team achievements regularly, boosting motivation and morale. Safety training goes beyond minimum requirements, creating genuine culture of care. Overall, it’s fine, but nothing really stands out either way. The company provides stable jobs and standard benefits, though some employees report inconsistent communication and collaboration. Seeing our produ...
Commented in January 02, 2024
24
2

Neoteric Hovercraft Inc Overview

Website
www.neoterichovercraft.com
Founded In
2003
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1649 Tippecanoe St Terre Haute Indiana IN 47807
Revenue
<$5 Million
Phone Number
+1 8122341120
Social Media
About Neoteric Hovercraft Inc
Founded in 1960, Neoteric Hovercraft is a company that specializes in manufacturing a variety of hovercraft that can be used on water, grass, ice, snow, and mudflats for year-round. Neoteric Hovercraft is located in Indiana.

What Benefits Does Neoteric Hovercraft Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Neoteric Hovercraft 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 Terre Haute?

Understanding the cost of living near Terre Haute is key to truly evaluating a salary offer or your current compensation at Neoteric Hovercraft Inc.
Terre Haute's Cost of Living Index is approximately 76.1 (23.9% less expensive than US average; 16.0% less than IN average). Western IN city (Indiana State Univ.), very affordable housing. Terre Haute Transit. When planning your budget based on a salary from Neoteric Hovercraft Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Neoteric Hovercraft Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (TH Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,760 - $2,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Neoteric Hovercraft Inc

1. What is the typical salary range (low to high) for most roles at Neoteric Hovercraft Inc?

The typical annual salary range for most roles at Neoteric Hovercraft Inc is approximately from $70,312 to $90,089. 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 Neoteric Hovercraft Inc pay compared to Infinite Power?

The average annual salary at Neoteric Hovercraft Inc is $79,827, or an hourly wage of $38, in comparison to Infinite Power which pays $95,681 per year or $46 per hour.

3. Do salaries differ significantly between departments at Neoteric Hovercraft Inc?

Yes, salaries often differ between departments at Neoteric Hovercraft 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 Neoteric Hovercraft Inc?

Experience level is a significant factor in determining salary at Neoteric Hovercraft 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 Neoteric Hovercraft Inc in Terre Haute is fair given the local cost of living?

To determine if a salary offer from Neoteric Hovercraft Inc in Terre Haute is fair, first compare the gross salary to our data for similar roles at Neoteric Hovercraft Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Terre Haute" to understand its purchasing power.

6. Why might an individual's actual salary at Neoteric Hovercraft Inc differ from the ranges shown here?

An individual's actual salary at Neoteric Hovercraft 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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