Chip-Tech Ltd Salary

How much does the Chip-Tech Ltd Pay for employees?

As of July 2026, the average annual salary for employees at Chip-Tech Ltd in the United States is $111,039. This translates to an approximate hourly wage of $53. Salaries at Chip-Tech Ltd typically range from $97,592 to $125,683 annually, reflecting the diverse roles and experience levels within the company. Chip-Tech Ltd’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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.
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Current Job Openings at Chip-Tech Ltd

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Is Chip-Tech Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Chip-Tech Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Chip-Tech Ltd
Retail & Wholesale
Us - TOA Electronics Inc
Worldwide Electronic
Industry Comparison
Our data shows that, on average, compensation at Chip-Tech Ltd is below the average for the U.S. Retail & Wholesale industry by approximately 10%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Chip-Tech Ltd average annual salary with several similar companies. Chip-Tech Ltd average salary of $111,039 is lower than Us - TOA Electronics Inc, which has an average salary of $123,401. It is higher than Worldwide Electronic, with their average salary at $109,762. This places Chip-Tech Ltd in a mid-range position among its peers.
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Employee Reviews: Working at Chip-Tech Ltd

Considering a career at Chip-Tech Ltd? 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.
The culture is positive, and management truly listens to staff feedback. Managers are supportive and fair. While not extraordinary, it’s a steady job in the retail sector. Great place to work with a focus on teamwork. The Retail & Wholesale environment is fast, but the teamwork here is exceptional.
The Retail segment is fast-paced but well-supported. The company also emphasizes innovation, often implementing new strategies to stay ahead in the market. The company has a strong focus on employee development, offering regular training and mentorship. It’s a fantastic place to grow in the retail industry.
Training is thorough, and coworkers are helpful. Recognition for hard work is appreciated. The pay is competitive, and the culture is inclusive. The company provides necessary resources, and the workload is manageable. The compensation is fair, and there are frequent incentives for high performance. Coworkers are easy to work with, and management is organized. The pay is competitive for the indust...
The company culture is amazing—teamwork is encouraged, and employees are recognized for their efforts. The job is straightforward with a fair schedule. The retail side is dynamic, and leadership is transparent.
Working at this company has been a rewarding experience. Coworkers are helpful, and management is fair. The company provides excellent benefits and recognizes hard work.

Chip-Tech Ltd Overview

Website
www.chiptech.com
Founded In
1989
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
175 Central Ave Farmingdale New York NY 11735
Revenue
$10 Million - $50 Million
Phone Number
+1 6312273000
Social Media
About Chip-Tech Ltd
ChipX, Inc. is a pioneer and leading manufacturer of late-stage programmable application-specific integrated circuits, or Structured ASICs. The company's innovative, patented technology consolidates wafer production tooling, reduces time-to-market and minimizes the total cost to profit. ChipX Structured ASIC technology is widely used in consumer equipment, computing peripherals, communication syst

What Benefits Does Chip-Tech Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Chip-Tech Ltd 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Chip-Tech Ltd.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Chip-Tech Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Chip-Tech Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Chip-Tech Ltd

1. How much does Chip-Tech Ltd in the United States pay?

Chip-Tech Ltd pays its employees an average of $111,039 per year. The average salary at Chip-Tech Ltd range from $97,592 to $125,683 per year. 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. Do Chip-Tech Ltd employees get a higher salary than its peer company?

The salary at Chip-Tech Ltd is lesser than its peer company. The average annual salary at Chip-Tech Ltd is $111,039, or an hourly wage of $53, in comparison to Us - TOA Electronics Inc which pays $123,401 per year or $59 per hour.

3. How much does salary increase with years of experience at Chip-Tech Ltd?

Salary progression with years of experience at Chip-Tech Ltd is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Chip-Tech Ltd vary by office location?

Yes, it's very likely that salaries at Chip-Tech Ltd vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for New York section provides more context.

5. Does Chip-Tech Ltd offer good benefits?

Chip-Tech Ltd typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Chip-Tech Ltd" section on this page.