BioCT Innovation Commons Salary

How much does the BioCT Innovation Commons Pay for employees?

As of August 2026, the average hourly salary for employees at BioCT Innovation Commons in the United States is $55. This translates to an approximate annual wage of $113,391. Salaries at BioCT Innovation Commons typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company. BioCT Innovation Commons’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 BioCT Innovation Commons

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Is BioCT Innovation Commons’s Pay Competitive? Salary Benchmarking Analysis

How does BioCT Innovation Commons’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
BioCT Innovation Commons
Biotechnology
Water Pik Inc
Zirkonzahn
Industry Comparison
Our data shows that, on average, compensation at BioCT Innovation Commons is below the average for the U.S. Biotechnology industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared BioCT Innovation Commons average annual salary with several similar companies. BioCT Innovation Commons average salary of $113,391 is higher than Water Pik Inc, which has an average salary of $102,548. It is higher than Zirkonzahn, with their average salary at $103,940. This places BioCT Innovation Commons in a competitive position among its peers.
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Employee Reviews: Working at BioCT Innovation Commons

Considering a career at BioCT Innovation Commons? 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 commitment to scientific integrity and patient well-being is evident in everything we do. There's a strong sense of mutual respect and a shared dedication to our collective goals. Overall, it’s a respectful and stimulating environment for growth. Career growth is possible but may require significant individual initiative. Diversity and inclusion are genuinely prioritized here.
This unwavering integrity is a cornerstone of our culture and guides all our scientific pursuits, ensuring we maintain public trust. There's a strong sense of camaraderie, and teamwork is genuinely valued, making even complex projects enjoyable. The company actively encourages continuous learning and skill enhancement, demonstrating a real investment in employee growth and career progression withi...
The sense of purpose here is unmatched, and I feel proud to be part of something that genuinely impacts global health. However, it’s less suited to individuals seeking faster growth or experimentation opportunities. The work is challenging in the best possible way, stimulating intellectual curiosity, and the robust support system ensures that no one feels overwhelmed, even on difficult projects. S...

BioCT Innovation Commons Overview

Website
www.bioctcommons.org
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Biotechnology
Headquarter Address
93 Shennecossett Rd Groton Connecticut CT 06340
Revenue
$10 Million - $50 Million
Phone Number
+1 2039138008
Social Media
About BioCT Innovation Commons
What type of work space do you need? Located conveniently between Boston and New York City, BioCT Innovation Commons (The Commons) offers commercial-grade, turn-key labs and offices at cost-effective prices and with flexible lease terms. Experience a hassle-free, full-service professional space combined with a supportive community whose mission is to help you succeed. Accelerate your productivity

What Benefits Does BioCT Innovation Commons Offer Beyond Salary?

A competitive compensation package is more than just a salary. BioCT Innovation Commons 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 New London?

Understanding the cost of living near New London is key to truly evaluating a salary offer or your current compensation at BioCT Innovation Commons.
New London's Cost of Living Index is approximately 97.8 (2.2% less expensive than US average; 9.2% less than CT average). SE CT coastal city (Coast Guard Academy, ferries), housing more affordable than Fairfield Co. SEAT bus, Shore Line East rail. When planning your budget based on a salary from BioCT Innovation Commons, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of BioCT Innovation Commons salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (SEAT 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,420 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BioCT Innovation Commons

1. What is the average salary for employees at BioCT Innovation Commons?

The average total compensation for employees at BioCT Innovation Commons is approximately $55 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $48 to $62 per hour, depending on factors like job role, experience, and location.

2. How much does BioCT Innovation Commons pay compared to Water Pik Inc?

The average annual salary at BioCT Innovation Commons is $113,391, or an hourly wage of $55, in comparison to Water Pik Inc which pays $102,548 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at BioCT Innovation Commons?

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 BioCT Innovation Commons for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does BioCT Innovation Commons offer cost-of-living adjustments (COLA) for employees in high-cost areas like New London?

While some companies offer formal COLA, many, including potentially BioCT Innovation Commons, 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 BioCT Innovation Commons?

Most companies, likely including BioCT Innovation Commons, 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.