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Open Water Concepts Salary

Open Water Concepts Salary

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As of September 2026, the average annual salary for employees at Open Water Concepts in the United States is $86,610. This translates to an approximate hourly wage of $42. Salaries at Open Water Concepts typically range from $76,277 to $97,722 annually, reflecting the diverse roles and experience levels within the company.
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Is Open Water Concepts’s Pay Competitive? Salary Benchmarking Analysis

How does Open Water Concepts'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
New Amsterdam Boats LLC $88,466
+2.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
WatchFacts $86,715
+0.1%
Confirms WatchFacts is a direct competitor vying for the exact same talent pool.
Labrador Systems Inc $98,012
+13.2%
Adjusted for higher cost-of-living indices in Labrador Systems Inc's primary metro hubs.
Frabel Studio & Gallery $86,578
0.0%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+40.6%
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 Open Water Concepts's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Open Water Concepts

Considering a career at Open Water Concepts? 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.
This isn't just another manufacturing job; it’s a career opportunity with a company that values its workforce. For anyone considering a career in manufacturing, I highly recommend this company. I’ve found this manufacturing company to be a fantastic place to work. The company invests in both cutting-edge equipment and comprehensive employee training programs.
Commented in March 16, 2025
47
3
It’s a stable, fulfilling place to work. Tasks are clearly defined, which helps keep things efficient, there is opportunity for creativity or input. Great work environment for both experienced professionals and those starting out.
Commented in October 17, 2024
19
3
I always feel protected and informed on the job. This organization offers employees a stable and well-structured manufacturing environment focused on safety and quality. Production schedules are realistic, and the team works together with purpose. What’s most impressive is the company’s stability—despite market changes, they’ve kept operations smooth. This resilience is a testament to the strong c...
Commented in September 08, 2024
31
1

Open Water Concepts Overview

Website
www.openwaterconcepts.com
Founded In
2020
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
7735 SW Ellipse Way Stuart Florida FL 34997
Revenue
<$5 Million
Phone Number
+1 7722668449
Social Media
About Open Water Concepts
Open Water Concepts provides both boat owners and boat manufacturers with custom-made solutions. Our skilled team uses the state-of-the-art design and scanning technology and top-of-the-line CNC cutting equipment to create fully customized products for your boat. Our Stuart, Florida location can handle trailerable boats on site, or we can bring our team and equipment to you. We are always availabl

What Benefits Does Open Water Concepts Offer Beyond Salary?

A competitive compensation package is more than just a salary. Open Water Concepts 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)
Work at Open Water Concepts?
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What Is the Cost of Living Near West Palm Beach?

Understanding the cost of living near West Palm Beach is key to truly evaluating a salary offer or your current compensation at Open Water Concepts.
West Palm Beach's Cost of Living Index is approximately 113.8 (13.8% more expensive than US average; 10.4% more than FL average). South Florida city, higher housing costs, near affluent Palm Beach. Palm Tran, Tri-Rail. When planning your budget based on a salary from Open Water Concepts, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Open Water Concepts salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Palm Tran monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,190 - $5,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Open Water Concepts

1. What is the average salary for employees at Open Water Concepts?

The average annual total compensation for employees at Open Water Concepts is approximately $86,610. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,277 to $97,722, depending on factors like job role, experience, and location.

2. How much does Open Water Concepts pay compared to New Amsterdam Boats LLC?

The average annual salary at Open Water Concepts is $86,610, or an hourly wage of $42, in comparison to New Amsterdam Boats LLC which pays $88,466 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Open Water Concepts?

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 Open Water Concepts for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Open Water Concepts offer cost-of-living adjustments (COLA) for employees in high-cost areas like West Palm Beach?

While some companies offer formal COLA, many, including potentially Open Water Concepts, 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.

5. What's the typical process for salary reviews and raises at Open Water Concepts?

Most companies, likely including Open Water Concepts, 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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