Phonak Salary

Phonak Salary

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As of July 2026, the average annual salary for employees at Phonak in the United States is $107,410. This translates to an approximate hourly wage of $52. Salaries at Phonak typically range from $94,577 to $121,402 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Phonak

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

Is Phonak’s Pay Competitive? Salary Benchmarking Analysis

How does Phonak'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
Three Rivers Orthopaedic & Spine Products Inc $94,795
-11.7%
Normalized for lower cost-of-living zones where Three Rivers Orthopaedic & Spine Products Inc primarily operates.
Hydrogel Vision Corp $102,010
-5.0%
Reflects market rates for standard general contracting, differing from specialized roles.
World Community Grid $102,653
-4.4%
World Community Grid may offer non-monetary perks in lieu of competitive base salaries.
Frs Orthotics Laboratory Ltd $111,313
+3.6%
Driven by niche technical certifications required for Frs Orthotics Laboratory Ltd's specialized projects.
Biotechnology Industry $130,524
+21.5%
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 Phonak's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Phonak

Considering a career at Phonak? 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.
It’s deeply rewarding to know your work directly impacts people's lives for the better. The turnaround time for assay development was impressive, and their data quality is exceptional. This supportive environment makes it easy to integrate into the team and contribute meaningfully, fostering a strong sense of belonging for all employees. The company is large and well-structured, but sometimes trig...
Commented in April 09, 2025
27
1
Leadership is transparent and approachable. The culture is inclusive, and communication across levels is encouraged. Workload is manageable but sometimes repetitive. I’m proud to be part of a team dedicated to advancing biotechnology responsibly. The company’s commitment to sustainability and diversity makes this an outstanding place for biotech professionals to thrive. It doesn’t feel overly corp...
Commented in August 19, 2024
46
2
You’re encouraged to share your ideas, and there’s a culture of respect and curiosity. It’s a respectful environment with steady workloads, which can suit certain personality types. This broadens my understanding of the entire drug development process, which is invaluable for personal growth and seeing the bigger picture of our collective efforts. Some teams collaborate well, others feel disconnec...
Commented in March 22, 2024
48
2

Phonak Overview

Website
www.phonakpro.com
Founded In
1947
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
4520 Weaver Pkwy Warrenville Illinois IL 60555
Revenue
$10 Million - $50 Million
Phone Number
+1 6303937400
Social Media
About Phonak
We are passionate about creating hearing solutions that change peoples lives to thrive socially and emotionally. A collection of voices from inside and outside the company, bringing you industry news, personal experiences and insights from behind the scenes. Phonak, a member of the Sonova Group, is always seeking talented, ambitious people with a passion for helping people hear better.

What Benefits Does Phonak Offer Beyond Salary?

A competitive compensation package is more than just a salary. Phonak 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 Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at Phonak.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from Phonak, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Phonak salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Phonak

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

The typical annual salary range for most roles at Phonak is approximately from $94,577 to $121,402. 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 Phonak pay compared to Three Rivers Orthopaedic & Spine Products Inc?

The average annual salary at Phonak is $107,410, or an hourly wage of $52, in comparison to Three Rivers Orthopaedic & Spine Products Inc which pays $94,795 per year or $46 per hour.

3. How does experience level affect salary at Phonak?

Experience level is a significant factor in determining salary at Phonak, 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.

4. How can I determine if a salary offer from Phonak in Aurora is fair given the local cost of living?

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

5. What factors influence salary increases at Phonak?

Salary increases at Phonak are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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