Michigan Exploration Laboratory Salary

Michigan Exploration Laboratory Salary

How much does the Michigan Exploration Laboratory Pay for employees?

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As of August 2026, the average hourly salary for employees at Michigan Exploration Laboratory in the United States is $52. This translates to an approximate annual wage of $107,305. Salaries at Michigan Exploration Laboratory typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company. Michigan Exploration Laboratory’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 Michigan Exploration Laboratory

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Is Michigan Exploration Laboratory’s Pay Competitive? Salary Benchmarking Analysis

How does Michigan Exploration Laboratory’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)
Michigan Exploration Laboratory
Biotechnology
Microtest Laboratories Inc
Columbia Astrophysics Laboratory , Pupin Labs
Industry Comparison
Our data shows that, on average, compensation at Michigan Exploration Laboratory is below the average for the U.S. Biotechnology industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Michigan Exploration Laboratory average annual salary with several similar companies. Michigan Exploration Laboratory average salary of $107,305 is higher than Microtest Laboratories Inc, which has an average salary of $106,946. It is higher than Columbia Astrophysics Laboratory , Pupin Labs, with their average salary at $101,640. This places Michigan Exploration Laboratory in a competitive position among its peers.
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Companies Similar to Michigan Exploration Laboratory and Their Hourly Pay Rates

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

Employee Reviews: Working at Michigan Exploration Laboratory

Considering a career at Michigan Exploration Laboratory? 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.
Employee ideas are heard but rarely implemented quickly, leading to progress in some teams. The overall culture leans formal, and while coworkers are cordial, team bonding is minimal. The company's commitment to diversity, equity, and inclusion is clear and actively practiced throughout the organization. Employees are encouraged to take ownership of their work.
Commented in February 19, 2025
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We’re well-compensated and receive strong benefits. Technology is current, but innovation pace varies between teams. Not a bad place, just not highly dynamic. Resources for skill-building are plentiful, and leadership recognizes and rewards hard work. Their market analysis identified promising new applications for our technology.
Commented in November 14, 2024
20
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While job security is good, the environment can feel rigid, making it better suited for those who value predictability. Benefits, including health and wellness programs, are outstanding. Workload is manageable, but long-term career pathing could use more attention.
Commented in September 11, 2024
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The pace can be fast, but it’s always exciting. Job roles are well-defined, with little overlap or collaboration. It’s deeply rewarding to know your work directly impacts people's lives for the better. They prioritize diversity and inclusion, ensuring a rich tapestry of perspectives contributes to our scientific breakthroughs. The workplace culture emphasizes respect, inclusion, and scientific int...
Commented in July 06, 2024
37
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Company values cutting-edge biotech and employee growth equally. Compensation is solid and performance is rewarded. Employees are encouraged to think critically and contribute ideas.
Commented in January 08, 2024
15
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Michigan Exploration Laboratory Overview

Website
www.exploration.engin.umich.edu
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Biotechnology
Headquarter Address
1320 Beal Ave Ann Arbor Michigan MI 48109
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Michigan Exploration Laboratory
The Michigan Exploration Laboratory (MXL) works to achieve a comprehensive blend of education, research, and entrepreneurship within the University of Michigan College of Engineering.The collaborative MXL environment has already yielded flight-proven achievements in high altitude ballooning and small satellite design, with even more innovations resulting from the analysis of completed missions.Bas

What Benefits Does Michigan Exploration Laboratory Offer Beyond Salary?

A competitive compensation package is more than just a salary. Michigan Exploration Laboratory 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 Ann Arbor?

Understanding the cost of living near Ann Arbor is key to truly evaluating a salary offer or your current compensation at Michigan Exploration Laboratory.
Ann Arbor's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 28.7% more than MI average). Home to Univ. of Michigan, desirable, high housing costs, tech presence. TheRide bus. When planning your budget based on a salary from Michigan Exploration Laboratory, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Michigan Exploration Laboratory salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $58 (TheRide monthly pass, free for UMich) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,978 - $4,728+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Michigan Exploration Laboratory

1. How much does a Michigan Exploration Laboratory employee make?

Michigan Exploration Laboratory pays its employees an average of $52 per hour. The average salary at Michigan Exploration Laboratory range from $45 to $58 per hour. 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. Which similar company tend to pay more or less than Michigan Exploration Laboratory?

The salary at Michigan Exploration Laboratory is higher than the similar company. The average annual salary at Michigan Exploration Laboratory is $107,305, or an hourly wage of $52, in comparison to Microtest Laboratories Inc which pays $106,946 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Michigan Exploration Laboratory?

In many roles at Michigan Exploration Laboratory, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Ann Arbor affect the perceived value of a Michigan Exploration Laboratory salary?

Ann Arbor's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 28.7% more than MI average). This significantly impacts the purchasing power of a salary from Michigan Exploration Laboratory based there. Our "Cost of Living Insights for Ann Arbor" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Michigan Exploration Laboratory typically offer employees?

Michigan Exploration Laboratory generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Michigan Exploration Laboratory" section on this page.

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