Lovelace Biomedical Salary

How much does the Lovelace Biomedical Pay for employees?

As of July 2026, the average annual salary for employees at Lovelace Biomedical in the United States is $101,862. This translates to an approximate hourly wage of $49. Salaries at Lovelace Biomedical typically range from $89,656 to $115,196 annually, reflecting the diverse roles and experience levels within the company. Lovelace Biomedical’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 Lovelace Biomedical Pay for Different Roles?

Explore detailed salary information for specific jobs at Lovelace Biomedical. 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 Lovelace Biomedical

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

Is Lovelace Biomedical’s Pay Competitive? Salary Benchmarking Analysis

How does Lovelace Biomedical’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
180k
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Average Salary ($/year)
Lovelace Biomedical
Biotechnology
Makrite Industries Inc
180 Medical Inc
Industry Comparison
Our data shows that, on average, compensation at Lovelace Biomedical is below the average for the U.S. Biotechnology 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 Lovelace Biomedical average annual salary with several similar companies. Lovelace Biomedical average salary of $101,862 is lower than Makrite Industries Inc, which has an average salary of $113,739. It is higher than 180 Medical Inc, with their average salary at $100,143. This places Lovelace Biomedical 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 Lovelace Biomedical

Considering a career at Lovelace Biomedical? 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.
I'm consistently impressed by the opportunities for learning and advancement. Performance expectations are realistic, but innovation is sometimes limited by strict oversight. There's a good level of autonomy in my role, and contributions are consistently recognized and appreciated by leadership, which boosts morale and encourages continued high performance from the entire team. It’s a good environ...
Colleagues are not just coworkers; many have become genuine friends. One of the best aspects of this biotech company is its collaborative spirit. Training varies by team. The company encourages innovation and continuous education. I appreciate the continuing education programs and mentorship available. Training covers basics; self-driven learning is often necessary. Career growth is possible. Scie...
Leadership appears committed to long-term goals, but short-term strategy can feel reactive. However, it’s less suited to individuals seeking faster growth or experimentation opportunities. Communication varies across departments.

Lovelace Biomedical Overview

Website
www.lovelacebiomedical.org
Founded In
1947
Employees
200 - 500 employees
Industry
Biotechnology
Headquarter Address
2425 Ridgecrest Dr SE Albuquerque New Mexico NM 87108
Revenue
$50 Million - $200 Million
Phone Number
+1 5053488789
Social Media
About Lovelace Biomedical
Lovelace Biomedical is a contract research organization that helps pharmaceutical and biotechnology companies advance their complex drug development studies from the preclinical stage, and on to clinical trials. For over 70 years the organization has leveraged its multidisciplinary expertise in toxicology, gene therapy, infectious disease, medical countermeasures, and more, to provide excellence i

What Benefits Does Lovelace Biomedical Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lovelace Biomedical 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Albuquerque?

Understanding the cost of living near Albuquerque is key to truly evaluating a salary offer or your current compensation at Lovelace Biomedical.
Albuquerque's Cost of Living Index is approximately 91.1 (8.9% less expensive than US average; 2.7% less than NM average). Largest NM city, unique culture, affordable housing. ABQ RIDE, Rail Runner. When planning your budget based on a salary from Lovelace Biomedical, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Lovelace Biomedical salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (ABQ RIDE monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,220 - $3,530+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lovelace Biomedical

1. What is the estimated average total compensation at Lovelace Biomedical?

Salary.com estimates that the average total compensation package at Lovelace Biomedical, which can include base salary, potential bonuses, and benefits, is around $101,862 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Lovelace Biomedical pay compared to Makrite Industries Inc?

The average annual salary at Lovelace Biomedical is $101,862, or an hourly wage of $49, in comparison to Makrite Industries Inc which pays $113,739 per year or $55 per hour.

3. Do salaries differ significantly between departments at Lovelace Biomedical?

Yes, salaries often differ between departments at Lovelace Biomedical due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Lovelace Biomedical?

Salary progression from an entry-level to a senior role at Lovelace Biomedical can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Lovelace Biomedical in Albuquerque is fair given the local cost of living?

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

6. Are promotions at Lovelace Biomedical usually accompanied by a significant salary increase?

Yes, promotions at Lovelace Biomedical are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.