Loop Laboratories Salary

How much does the Loop Laboratories Pay for employees?

As of August 2026, the average weekly salary for employees at Loop Laboratories in the United States is $1,944. This translates to an approximate annual wage of $101,103. Salaries at Loop Laboratories typically range from $1,713 to $2,196 weekly, reflecting the diverse roles and experience levels within the company. Loop Laboratories’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 Loop Laboratories

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Is Loop Laboratories’s Pay Competitive? Salary Benchmarking Analysis

How does Loop Laboratories’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)
Loop Laboratories
Pharmaceuticals
LaGray Finance
Moali Corp
Industry Comparison
Our data shows that, on average, compensation at Loop Laboratories is below the average for the U.S. Pharmaceuticals industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Loop Laboratories average annual salary with several similar companies. Loop Laboratories average salary of $101,103 is lower than LaGray Finance, which has an average salary of $103,993. It is higher than Moali Corp, with their average salary at $100,322. This places Loop Laboratories in a mid-range position among its peers.
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Employee Reviews: Working at Loop Laboratories

Considering a career at Loop Laboratories? 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 workload is manageable, and the office environment is professional. Good training programs. While the work can be demanding at times, deadlines are reasonable, and managers are supportive. The company operates efficiently, with well-defined processes.
The pharmaceutical industry is fast-paced, and the company keeps up well. Salaries are competitive, and benefits like health insurance and bonuses are well-structured. The management values work-life balance and provides flexible arrangements when necessary. Training opportunities are regularly available, helping employees stay updated in the industry. The work environment is collaborative, and th...
The leadership team communicates clearly, making it easy to align with company goals. The company’s commitment to ethical pharmaceuticals is commendable. Processes are well-defined, and teamwork is smooth. Regular training sessions and mentorship programs help staff upskill.

Loop Laboratories Overview

Website
www.looplabs.co
Founded In
2018
Employees
<25 employees
Industry
Pharmaceuticals
Headquarter Address
939 W Lake St Chicago Illinois IL 60607
Revenue
<$5 Million
Phone Number
+1 3127338400
Social Media
About Loop Laboratories
Loop Laboratories is a company that operates in the Consumer Goods industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does Loop Laboratories Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loop Laboratories 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Loop Laboratories.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Loop Laboratories, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Loop Laboratories salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) 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) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Loop Laboratories

1. How much does a Loop Laboratories employee make?

Loop Laboratories pays its employees an average of $101,103 per year. The average salary at Loop Laboratories range from $89,060 to $114,172 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 Loop Laboratories?

The salary at Loop Laboratories is lesser than the similar company. The average annual salary at Loop Laboratories is $101,103, or an hourly wage of $49, in comparison to LaGray Finance which pays $103,993 per year or $50 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Loop Laboratories?

In many roles at Loop Laboratories, 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 Chicago affect the perceived value of a Loop Laboratories salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Loop Laboratories based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Loop Laboratories typically offer employees?

Loop Laboratories 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 Loop Laboratories" section on this page.