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SkyWater Technology Salary

SkyWater Technology Salary

How much does the SkyWater Technology Pay for employees?

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As of October 2026, the average hourly salary for employees at SkyWater Technology in the United States is $53. This translates to an approximate annual wage of $110,743. Salaries at SkyWater Technology typically range from $47 to $60 hourly, reflecting the diverse roles and experience levels within the company. SkyWater Technology’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.

How Much Does SkyWater Technology Pay for Different Roles?

Explore detailed salary information for specific jobs at SkyWater Technology. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
How accurate does the salary look to you?

Current Job Openings at SkyWater Technology

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

Is SkyWater Technology’s Pay Competitive? Salary Benchmarking Analysis

How does SkyWater Technology’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
180k
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90k
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Average Salary ($/year)
SkyWater Technology
MFG Durable
Louisiana CAT
Sunbelt-Solomon Solutions
Industry Comparison
Our data shows that, on average, compensation at SkyWater Technology is below the average for the U.S. MFG Durable industry by approximately 9%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SkyWater Technology average annual salary with several similar companies. SkyWater Technology average salary of $110,743 is higher than Louisiana CAT, which has an average salary of $104,826. It is higher than Sunbelt-Solomon Solutions, with their average salary at $97,632. This places SkyWater Technology in a competitive position among its peers.
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Companies Similar to SkyWater Technology and Their Hourly Pay Rates

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

Employee Reviews: Working at SkyWater Technology

Considering a career at SkyWater Technology? 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 production floor is organized, clean, and safety-focused, which is a huge plus. The workplace culture is professional but occasionally lacks innovation and feels hierarchical. Management is approachable, and coworkers are always willing to help. We meet goals without burnout, and coworkers respect each other’s efforts.
Commented in May 20, 2025
24
3
Time-off policies and healthcare coverage are especially appreciated among the production team. Workplace culture is fine, but nothing especially stands out. Tools and support are available, though innovation take hold here. Coupled with a strong safety record and opportunities for skill development, it’s a manufacturing company I am proud to recommend as a fantastic employer that truly cares. The...
Commented in January 22, 2025
15
3
One of the best things about working here is the people. There are good systems in place for everything from safety to production, making the workflow smooth. This focus on personal improvement is a significant benefit and helps keep the workforce skilled and motivated for new challenges. Whether you're new or learning a new process, they ensure you have the knowledge and skills to succeed.
Commented in February 14, 2024
16
1

SkyWater Technology Overview

Website
www.skywatertechnology.com
Founded In
2017
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
2401 E 86th St Bloomington Minnesota MN 55425
Revenue
$50 Million - $200 Million
Phone Number
+1 9528515200
Social Media
About SkyWater Technology
SkyWater Technology is a semiconductor foundry specializing in custom design and development services, design IP, and volume manufacturing. The company was formed in 2017 and is headquartered in Bloomington, Minnesota.

What Benefits Does SkyWater Technology Offer Beyond Salary?

A competitive compensation package is more than just a salary. SkyWater Technology 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at SkyWater Technology.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from SkyWater Technology, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of SkyWater Technology salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SkyWater Technology

1. How much does SkyWater Technology in the United States pay?

SkyWater Technology pays its employees an average of $53 per hour. The average salary at SkyWater Technology range from $47 to $60 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. Do SkyWater Technology employees get a higher salary than its peer company?

The salary at SkyWater Technology is higher than its peer company. The average annual salary at SkyWater Technology is $110,743, or an hourly wage of $53, in comparison to Louisiana CAT which pays $104,826 per year or $50 per hour.

3. What are the highest paying jobs at SkyWater Technology?

The higher-paying job at SkyWater Technology, according to our data, include Chief Executive Officer (avg. $412 per hour), President & Chief Executive Officer (avg. $412 per hour), and Chief Financial Officer (avg. $215 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at SkyWater Technology?

Salary progression with years of experience at SkyWater Technology 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.

5. Do salaries at SkyWater Technology vary by office location?

Yes, it's very likely that salaries at SkyWater Technology 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 Minneapolis section provides more context.

6. Does SkyWater Technology offer good benefits?

SkyWater Technology 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 SkyWater Technology" section on this page.

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