Lock Technology Inc Salary

How much does the Lock Technology Inc Pay for employees?

As of August 2026, the average annual salary for employees at Lock Technology Inc in the United States is $91,293. This translates to an approximate hourly wage of $44. Salaries at Lock Technology Inc typically range from $80,245 to $103,295 annually, reflecting the diverse roles and experience levels within the company. Lock Technology Inc’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 Lock Technology Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lock Technology Inc. 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 Lock Technology Inc

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

Is Lock Technology Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lock Technology Inc’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)
Lock Technology Inc
Business Services
Marketing Designs
Behavior Data Systems Ltd
Industry Comparison
Our data shows that, on average, compensation at Lock Technology Inc is below the average for the U.S. Business Services industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lock Technology Inc average annual salary with several similar companies. Lock Technology Inc average salary of $91,293 is lower than Marketing Designs, which has an average salary of $105,691. It is higher than Behavior Data Systems Ltd, with their average salary at $86,156. This places Lock Technology Inc in a mid-range position among its peers.
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Employee Reviews: Working at Lock Technology Inc

Considering a career at Lock Technology Inc? 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 solid workplace for those who value stability and structure,appeal to those seeking a fast-moving, highly dynamic environment. We provide services that genuinely help other businesses grow and succeed. Great employees, they maintain personal relationships. Every day brings a new challenge and an opportunity to learn something.
Support is polite but sometimes lacks in-depth technical knowledge. Benefits are well-rounded, from health coverage to volunteer days. I feel empowered to make decisions and take ownership of my projects.
I’ve appreciated the flexibility to manage my schedule and the trust placed in employees to meet deadlines. There's limited opportunity for lateral movement or creativity. This creates a workplace where you feel genuinely valued and looked after, fostering loyalty and engagement. The team is knowledgeable and easy to work with.

Lock Technology Inc Overview

Website
www.loktek.com
Founded In
1988
Employees
<25 employees
Industry
Business Services
Headquarter Address
6650 Business Pkwy Elkridge Maryland MD 21075
Revenue
<$5 Million
Phone Number
+1 3013458300
Social Media
About Lock Technology Inc
Lock Technology has been bringing innovative tools to serve the professional technician for over 20 years. LTI develops problem solving and time saving tools that allow the technician to be more productive. LTI Tools sells worldwide to the automotive, locksmith, security, towing and specialty markets.

What Benefits Does Lock Technology Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lock Technology Inc 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 Columbia?

Understanding the cost of living near Columbia is key to truly evaluating a salary offer or your current compensation at Lock Technology Inc.
Columbia's Cost of Living Index is approximately 122.5 (22.5% more expensive than US average; 8.4% more than MD average). Large planned community (Howard Co.), desirable, excellent schools, high housing costs. RTA bus. When planning your budget based on a salary from Lock Technology Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Lock Technology Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,290 - $5,070+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lock Technology Inc

1. What is the average salary for employees at Lock Technology Inc?

The average annual total compensation for employees at Lock Technology Inc is approximately $91,293. However, this is an aggregate figure, actual salaries can range significantly, typically from $80,245 to $103,295, depending on factors like job role, experience, and location.

2. How much does Lock Technology Inc pay compared to Marketing Designs?

The average annual salary at Lock Technology Inc is $91,293, or an hourly wage of $44, in comparison to Marketing Designs which pays $105,691 per year or $51 per hour.

3. What is the lowest salary at Lock Technology Inc?

The lowest-paying job at Lock Technology Inc is a Locksmith with a salary of $44,361 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Lock Technology Inc?

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 Lock Technology Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lock Technology Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Columbia?

While some companies offer formal COLA, many, including potentially Lock Technology Inc, 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.

6. What's the typical process for salary reviews and raises at Lock Technology Inc?

Most companies, likely including Lock Technology Inc, 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.