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Lumex Inc Salary

Lumex Inc Salary

How much does the Lumex Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Lumex Inc in the United States is $101,841. This translates to an approximate hourly wage of $49. Salaries at Lumex Inc typically range from $89,509 to $115,269 annually, reflecting the diverse roles and experience levels within the company. Lumex 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 Lumex Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lumex 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.
How accurate does the salary look to you?

Current Job Openings at Lumex Inc

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

Is Lumex Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lumex 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
180k
150k
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Average Salary ($/year)
Lumex Inc
Retail & Wholesale
Precision Metalcraft LLC
South End Flowers
Industry Comparison
Our data shows that, on average, compensation at Lumex Inc is below the average for the U.S. Retail & Wholesale industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lumex Inc average annual salary with several similar companies. Lumex Inc average salary of $101,841 is lower than Precision Metalcraft LLC, which has an average salary of $104,299. It is lower than South End Flowers, with their average salary at $112,125. This places Lumex Inc in a developing position among its peers.
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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.

How Lumex Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lumex Inc

Considering a career at Lumex 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.
The company fosters a positive and inclusive work environment. Employee recognition programs are a nice touch. The office setup is functional, and remote work options are sometimes available. The team is talented, and management is supportive. The benefits are in line with industry standards. The company's investment in ongoing training also helps employees stay current with industry developments.
Commented in April 30, 2025
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Managers are understanding, and teamwork is encouraged. The employee discount is a nice perk. It’s a decent place to work if you value consistency in a large organization. Overall, it’s a well-run organization with growth potential. A solid option in Retail & Wholesale.
Commented in April 21, 2025
45
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Managers are supportive, and the workload is fair. Good benefits package, including health insurance and performance bonuses. A forward-thinking retail employer. The benefits are great, and the leadership team is inspiring. The benefits, including retirement plans and wellness programs, are excellent.
Commented in February 29, 2024
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Lumex Inc Overview

Website
www.lumex.com
Founded In
1980
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
425 N Gary Ave Carol Stream Illinois IL 60188
Revenue
$10 Million - $50 Million
Phone Number
+1 6303152150
Social Media
About Lumex Inc
Founded in 1980, Lumex (a member of the ITW Photonics Group) has been a global leader in the optoelectronics industry, with the broadest range of high efficiency, high performance LEDs and LCDs in the industry. With thousands of standard products and a focus on semi-custom and custom designs, Lumex is a valuable resource for quality and innovation. Lumex's optical range encompasses a wide spectrum

What Benefits Does Lumex Inc Offer Beyond Salary?

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

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Lumex Inc.
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 Lumex Inc, 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 Lumex Inc 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 Lumex Inc

1. How much does a Lumex Inc employee make?

Lumex Inc pays its employees an average of $101,841 per year. The average salary at Lumex Inc range from $89,509 to $115,269 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 Lumex Inc?

The salary at Lumex Inc is lesser than the similar company. The average annual salary at Lumex Inc is $101,841, or an hourly wage of $49, in comparison to Precision Metalcraft LLC which pays $104,299 per year or $50 per hour.

3. How much does a Head of Purchasing typically earn at Lumex Inc?

A Head of Purchasing at Lumex Inc typically earns an average annual base salary of around $217,198, with a general range of $190,909 to $241,355.

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

In many roles at Lumex Inc, 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 Chicago affect the perceived value of a Lumex Inc 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 Lumex Inc based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lumex Inc typically offer employees?

Lumex Inc 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 Lumex Inc" section on this page.

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