LumaNEXT Salary

LumaNEXT Salary

How much does the LumaNEXT Pay for employees?

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As of August 2026, the average weekly salary for employees at LumaNEXT in the United States is $2,026. This translates to an approximate annual wage of $105,374. Salaries at LumaNEXT typically range from $1,784 to $2,288 weekly, reflecting the diverse roles and experience levels within the company. LumaNEXT’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 LumaNEXT

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

Is LumaNEXT’s Pay Competitive? Salary Benchmarking Analysis

How does LumaNEXT’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)
LumaNEXT
MFG Durable
Solis Industries Inc
Globespan Semiconductor
Industry Comparison
Our data shows that, on average, compensation at LumaNEXT is below the average for the U.S. MFG Durable industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared LumaNEXT average annual salary with several similar companies. LumaNEXT average salary of $105,374 is lower than Solis Industries Inc, which has an average salary of $119,203. It is higher than Globespan Semiconductor, with their average salary at $91,525. This places LumaNEXT in a mid-range position among its peers.
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How LumaNEXT's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at LumaNEXT

Considering a career at LumaNEXT? 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 dynamic and rewarding place to work. Career progression exists but is influenced by seniority. The work environment is positive and collaborative, with regular recognition of employee contributions. There's open communication between departments, and the company encourages feedback and growth.
Commented in March 03, 2025
38
2
Training is available but somewhat limited. Expectations are reasonable, and pay is fair. I appreciate the company's focus on continuous improvement, not just in our products but in our processes and work environment. However, the environment feels a bit disconnected at times.
Commented in January 08, 2025
23
0
What makes this company stand out is the mutual respect between employees and management. Working here has taught me discipline and consistency. In our manufacturing setting, everyone is quick to lend a hand and share knowledge. Flexibility in shifts depends on management, leading to mixed experiences. I’ve enjoyed the challenges and support provided here. Safety is paramount here, and it shows in...
Commented in May 02, 2024
48
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processes are optimized yet flexible enough for continuous improvement. Flexible shifts allow for better work-life balance, and the workplace culture promotes respect and collaboration among diverse teams. The leadership team is approachable and transparent, providing clear goals and constructive feedback. Management supports continuous improvement and innovation.
Commented in March 05, 2024
44
2

LumaNEXT Overview

Website
www.lumanext.com
Founded In
2014
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
140 E Ridgewood Ave Paramus New Jersey NJ 07652
Revenue
$10 Million - $50 Million
Phone Number
+1 9736414792
Social Media
About LumaNEXT
LumaNEXT is an EMerge member and provider of power management systems and smart lighting based on low voltage DC microgrids and power distribution solutions. LumaNEXT is driving a revolutionary concept in power management and lighting for retail, industrial, and office environments. LumaNEXT helps customers to reduce their energy costs by up to 70% while providing a, maintenance-free systems that

What Benefits Does LumaNEXT Offer Beyond Salary?

A competitive compensation package is more than just a salary. LumaNEXT 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 Paramus?

Understanding the cost of living near Paramus is key to truly evaluating a salary offer or your current compensation at LumaNEXT.
Paramus' Cost of Living Index is approximately 130.8 (30.8% more expensive than US average; 14.6% more than NJ average). Bergen County, major retail hub (no Sunday blue laws for retail), high housing costs. NJ Transit. When planning your budget based on a salary from LumaNEXT, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,900+ A significant portion of LumaNEXT salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $710 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $790+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,560 - $5,490+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of LumaNEXT

1. How much does a LumaNEXT employee make?

LumaNEXT pays its employees an average of $105,374 per year. The average salary at LumaNEXT range from $92,790 to $118,976 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 LumaNEXT?

The salary at LumaNEXT is lesser than the similar company. The average annual salary at LumaNEXT is $105,374, or an hourly wage of $51, in comparison to Solis Industries Inc which pays $119,203 per year or $57 per hour.

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

In many roles at LumaNEXT, 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 Paramus affect the perceived value of a LumaNEXT salary?

Paramus' Cost of Living Index is approximately 130.8 (30.8% more expensive than US average; 14.6% more than NJ average). This significantly impacts the purchasing power of a salary from LumaNEXT based there. Our "Cost of Living Insights for Paramus" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does LumaNEXT typically offer employees?

LumaNEXT 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 LumaNEXT" section on this page.

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