Buyer Salary at Optics 1 Inc BETA

How much does an Optics 1 Inc Buyer make?

As of December 2024, the average annual salary for a Buyer at Optics 1 Inc is $56,411, which translates to approximately $27 per hour. Salaries for Buyer at Optics 1 Inc typically range from $51,072 to $61,433, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Optics 1 Inc Overview

Website:
optics1.com
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
MFG Durable

Optics 1 is a global leader in full-service state-of-the-art design and production of electro-optical products, systems, and sensors. We specialize in the design of compact, high-performance electro-optical systems including visual augmentation systems, laser range finder systems, and long-range precision targeting and observation devices. Leveraging our core competencies in electro-optics, day and night imaging, laser range finding, and digital magnetic compass technology, Optics 1 is able to provide unmatched first-class electro-optical systems for warfighter and law enforcement missions. Optics 1 is a wholly-owned U.S. subsidiary of Vectronix AG of Heerbrugg (Switzerland) and is part of Safran Electronics & Defense (a Safran group). Its U.S-based manufacturing and testing operations is located in its headquarters in Bedford, New Hampshire with additional offices located in the Virginia/DC Metro area and California.

See similar companies related to Optics 1 Inc

What Skills Does a person Need at Optics 1 Inc?

At Optics 1 Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  2. Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
  3. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  4. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  5. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

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Check more jobs information at Optics 1 Inc

Job Title Average Optics 1 Inc Salary Hourly Rate
2 Accounts Payable Coordinator $51,486 $25
3 Buyer & Planner $56,411 $27
4 Director, Operations $174,864 $84
5 Electro-optical Technician $48,202 $23
6 Engineering Technician $79,811 $38
7 Help Desk Support Specialist $61,750 $30
8 Manager, Production $110,914 $53
9 Optical Engineer $49,016 $24
10 Principal Mechanical Engineer $148,975 $72
11 Research $96,008 $46
12 Senior Accountant $82,218 $40
13 Senior Firmware Engineer $84,953 $41

Hourly Pay at Optics 1 Inc

The average hourly pay at Optics 1 Inc for a Buyer is $27 per hour. The location, department, and job description all have an impact on the typical compensation for Optics 1 Inc positions. The pay range and total remuneration for the job title are shown in the table below. Optics 1 Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $56,411 look to you?

FAQ about Salary and Jobs at Optics 1 Inc

1. How much does Optics 1 Inc pay per hour?
The average hourly pay is $27. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Optics 1 Inc?
According to the data, the highest approximate salary is about $61,433 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Optics 1 Inc?
According to the data, the lowest estimated salary is about $51,072 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.