NewGen Advanced Orthotics Lab Salary

How much does the NewGen Advanced Orthotics Lab Pay for employees?

As of August 2026, the average hourly salary for employees at NewGen Advanced Orthotics Lab in the United States is $46. This translates to an approximate annual wage of $95,206. Salaries at NewGen Advanced Orthotics Lab typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. NewGen Advanced Orthotics Lab’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 NewGen Advanced Orthotics Lab

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Is NewGen Advanced Orthotics Lab’s Pay Competitive? Salary Benchmarking Analysis

How does NewGen Advanced Orthotics Lab’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)
NewGen Advanced Orthotics Lab
Biotechnology
Aloba Ag
Myoaligner Laboratories LLC
Industry Comparison
Our data shows that, on average, compensation at NewGen Advanced Orthotics Lab is below the average for the U.S. Biotechnology industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared NewGen Advanced Orthotics Lab average annual salary with several similar companies. NewGen Advanced Orthotics Lab average salary of $95,206 is higher than Aloba Ag, which has an average salary of $94,616. It is lower than Myoaligner Laboratories LLC, with their average salary at $105,237. This places NewGen Advanced Orthotics Lab in a mid-range position among its peers.
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Employee Reviews: Working at NewGen Advanced Orthotics Lab

Considering a career at NewGen Advanced Orthotics Lab? 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 place where your work genuinely contributes to shaping the future of medicine. Leaders are present, and peers are highly supportive. Leadership listens and acts on feedback. The company offers a respectful, well-organized workplace, but decision-making. Communication varies by department and manager. From day one, I felt welcomed and part of a team striving to solve important health issues....
Training and development programs are robust and accessible. Great place to grow. Innovation is not emphasized, and employees follow detailed guidelines. Managers support both autonomy and learning.
Benefits meet industry standards and a major differentiator. Collaboration across teams could be smoother, and onboarding for new hires needs attention. The environment is challenging but supportive, fostering growth both technically and personally. Despite its large size, there's a strong sense of community and support.

NewGen Advanced Orthotics Lab Overview

Website
www.newgenorthotics.com
Founded In
1997
Employees
100 - 200 employees
Industry
Biotechnology
Headquarter Address
7730a Trinity Rd Cordova Tennessee TN 38018
Revenue
$10 Million - $50 Million
Phone Number
+1 9017560257
Social Media
About NewGen Advanced Orthotics Lab
NewGen Advanced Orthotics Lab is a company that operates in the Medical Devices industry. It employs 101-250 people and has $10M-$25M of revenue. The company is headquartered in Cordova, Tennessee.

What Benefits Does NewGen Advanced Orthotics Lab Offer Beyond Salary?

A competitive compensation package is more than just a salary. NewGen Advanced Orthotics Lab 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at NewGen Advanced Orthotics Lab.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from NewGen Advanced Orthotics Lab, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of NewGen Advanced Orthotics Lab salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of NewGen Advanced Orthotics Lab

1. What is the typical salary range (low to high) for most roles at NewGen Advanced Orthotics Lab?

The typical salary range for most roles at NewGen Advanced Orthotics Lab is approximately from $40 to $52 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. How much does NewGen Advanced Orthotics Lab pay compared to Aloba Ag?

The average annual salary at NewGen Advanced Orthotics Lab is $95,206, or an hourly wage of $46, in comparison to Aloba Ag which pays $94,616 per year or $45 per hour.

3. How does experience level affect salary at NewGen Advanced Orthotics Lab?

Experience level is a significant factor in determining salary at NewGen Advanced Orthotics Lab, 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 NewGen Advanced Orthotics Lab in Memphis is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at NewGen Advanced Orthotics Lab?

Several key factors influence salary levels at NewGen Advanced Orthotics Lab. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: NewGen Advanced Orthotics Lab likely benchmarks its salaries against other companies in the Biotechnology sector. You can explore how these factors play out in our detailed salary data.