Lakessence Salary

How much does the Lakessence Pay for employees?

As of August 2026, the average annual salary for employees at Lakessence in the United States is $101,830. This translates to an approximate hourly wage of $49. Salaries at Lakessence typically range from $89,711 to $114,854 annually, reflecting the diverse roles and experience levels within the company. Lakessence’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 Lakessence Pay for Different Roles?

Explore detailed salary information for specific jobs at Lakessence. 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.
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Current Job Openings at Lakessence

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

Is Lakessence’s Pay Competitive? Salary Benchmarking Analysis

How does Lakessence’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)
Lakessence
Energy & Utilities
Multi-Link International Corp
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Industry Comparison
Our data shows that, on average, compensation at Lakessence is below the average for the U.S. Energy & Utilities industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lakessence average annual salary with several similar companies. Lakessence average salary of $101,830 is lower than Multi-Link International Corp, which has an average salary of $104,742. It is higher than PowerPoint Systems Ltd, with their average salary at $88,139. This places Lakessence in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Lakessence

Considering a career at Lakessence? 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.
Forward-thinking leadership really inspires. The company culture is incredibly supportive, and the leadership team genuinely listens. Management understands the importance of personal time and promotes a healthy working culture. There's room for innovation, and no micromanagement. The utilities we provide matter, and that sense of purpose is motivating.
Leadership supports career growth and training opportunities. The leadership team communicates clearly and provides guidance without micromanaging. Schedules are fixed, and I’ve rarely had issues. Equipment is modern, and tasks are well-planned. The structure keeps things simple.
Employees are proud to work in a company that values safety, sustainability, and innovation equally. Competitive compensation and comprehensive benefits support employee well-being. Training is adequate for the job, though more hands-on practice would be helpful for new hires in technical roles. Flexible work arrangements provide a healthy work-life balance. Supervisors really listen and support d...

Lakessence Overview

Website
www.lakessence.lk
Founded In
2017
Employees
<25 employees
Industry
Energy & Utilities
Headquarter Address
970 Douglas Rd Batavia Illinois IL 60510
Revenue
$5 Million - $10 Million
Phone Number
+1 6305440941
Social Media
About Lakessence
LAKESSENCE was created to promote the increased demand for, and to value-add, Sri Lankan local, traditional raw materials, and to that end we commenced the manufacturing of essential oils, oleoresins, and cinnamon derivative products using the latest technologies.

What Benefits Does Lakessence Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lakessence 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 Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at Lakessence.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from Lakessence, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Lakessence salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lakessence

1. How much does a Lakessence employee make?

Lakessence pays its employees an average of $101,830 per year. The average salary at Lakessence range from $89,711 to $114,854 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. Which similar company tend to pay more or less than Lakessence?

The salary at Lakessence is lesser than the similar company. The average annual salary at Lakessence is $101,830, or an hourly wage of $49, in comparison to Multi-Link International Corp which pays $104,742 per year or $50 per hour.

3. How much does a Product Manager typically earn at Lakessence?

A Product Manager at Lakessence typically earns an average annual base salary of around $117,153, with a general range of $105,839 to $127,818.

4. Do employees with advanced degrees (Master's, PhD) earn more at Lakessence?

In many roles at Lakessence, 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.

5. How does the cost of living near Aurora affect the perceived value of a Lakessence salary?

Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). This significantly impacts the purchasing power of a salary from Lakessence based there. Our "Cost of Living Insights for Aurora" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lakessence typically offer employees?

Lakessence 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 Lakessence" section on this page.