Where is Velos IoT USA Inc located?

Velos IoT USA Inc is headquartered in Wilmington, Delaware, but may have operations in other locations within the Retail & Wholesale sector.

What does Velos IoT USA Inc do?

According to the company's overview, Velos IoT USA Inc is a company that operates in the Machinery industry.

What industry is Velos IoT USA Inc in?

Velos IoT USA Inc operates in the Retail & Wholesale industry.

Velos IoT USA Inc Average Salary, Pay Ranges & Benefits

Velos IoT USA Inc Salary

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Salary at Velos IoT USA Inc

Current Job Openings at Velos IoT USA Inc

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

Is Velos IoT USA Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Velos IoT USA 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
MIT Aero & Astro	$109,667	+6.0%	Reflects a supply-demand imbalance for the specific talent MIT Aero & Astro targets.
Rising Retailers LLC	$99,594	-3.7%	Reflects market rates for standard general contracting, differing from specialized roles.
Kongres 590	$95,502	-7.7%	Kongres 590 operates with a leaner overhead structure, impacting base wage offers.
Magna Charger Inc	$100,965	-2.4%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Retail & Wholesale Industry	$123,318	+19.2%	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 Velos IoT USA Inc's Salaries Compare to Similar Companies?

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

MIT Aero & Astro

$109,667 / year

Salary Range: $96,391 - $124,134

Cambridge, MA

Rising Retailers LLC

$99,594 / year

Salary Range: $87,530 - $112,720

Las Vegas, NV

Kongres 590

$95,502 / year

Salary Range: $83,947 - $108,075

Warsaw, VA

Magna Charger Inc

$100,965 / year

Salary Range: $88,749 - $114,257

Ventura, CA

Moto Technologies LLC

$93,044 / year

Salary Range: $81,785 - $105,294

Doral, FL

Teknikkvinnor

$95,892 / year

Salary Range: $84,286 - $108,514

Stockholm,

GB Shades LLC

$102,822 / year

Salary Range: $90,380 - $116,391

Claymont, DE

Nvag Industrial Nh LLC

$102,358 / year

Salary Range: $89,968 - $115,866

Dover, DE

Ck Waitt Industrial LLC

$105,016 / year

Salary Range: $92,304 - $118,866

Wilmington, DE

Employee Reviews: Working at Velos IoT USA Inc

Considering a career at Velos IoT USA 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.

It’s a reliable place to work with a structured environment. Benefits are strong, making it a great long-term employer. Always learning something new. The leadership is transparent, and the team is collaborative. The benefits package is robust, including mental health resources.

Commented in April 07, 2025

26

3

The team is cooperative, and tasks are clearly defined. Nothing outstanding but no issues either. The retail team is energetic, and the company offers good benefits. I’ve had a wonderful experience working here. The workplace operates smoothly with clear procedures.

Commented in October 07, 2024

11

2

Training programs are solid. My time here has been consistent with what I expected in the Retail & Wholesale sector. The company stays competitive in the Retail & Wholesale market by adapting to industry trends, making it an exciting place to work. Compensation is competitive, and performance reviews are conducted fairly. Rewarding environment. The pay is competitive for the industry. Training pro...

Commented in August 08, 2024

23

3

The pay is competitive for the industry, and schedules are consistent. The company provides decent benefits. The company maintains a professional atmosphere with reasonable expectations. The retail side is dynamic, and managers are supportive. The training programs are excellent, and there are many chances to take on new challenges.

Commented in January 01, 2024

48

0

What Benefits Does Velos IoT USA Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Velos IoT USA 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Velos IoT USA Inc.

Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Velos IoT USA Inc, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,200 - $1,800+	A significant portion of Velos IoT USA Inc salary. Location choices impact this heavily.
Utilities (Basic)	$160 - $260	Electricity, Heating, Cooling, Water etc.
Public Transportation	$60 (DART 30-day pass)	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)	$2,550 - $4,000+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Velos IoT USA Inc

1. What is the estimated average total compensation at Velos IoT USA Inc?

Salary.com estimates that the average total compensation package at Velos IoT USA Inc, which can include base salary, potential bonuses, and benefits, is around $103,444 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Velos IoT USA Inc pay compared to MIT Aero & Astro?

The average annual salary at Velos IoT USA Inc is $103,444, or an hourly wage of $50, in comparison to MIT Aero & Astro which pays $109,667 per year or $53 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Velos IoT USA Inc?

Salary progression from an entry-level to a senior role at Velos IoT USA Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Velos IoT USA Inc in Wilmington is fair given the local cost of living?

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

5. Are promotions at Velos IoT USA Inc usually accompanied by a significant salary increase?

Yes, promotions at Velos IoT USA Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.