Megazyme Inc Salary

Megazyme Inc Salary

How much does the Megazyme Inc Pay for employees?

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As of May 2026, the average annual salary for employees at Megazyme Inc in the United States is $100,459. This translates to an approximate hourly wage of $48. Salaries at Megazyme Inc typically range from $88,501 to $113,452 annually, reflecting the diverse roles and experience levels within the company. Megazyme 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 Megazyme Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Megazyme 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 Megazyme Inc

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

Is Megazyme Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Megazyme 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
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90k
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Average Salary ($/year)
Megazyme Inc
Biotechnology
Trident Manufacturing Inc
Stoneville R&D Inc
Industry Comparison
Our data shows that, on average, compensation at Megazyme Inc is below the average for the U.S. Biotechnology industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Megazyme Inc average annual salary with several similar companies. Megazyme Inc average salary of $100,459 is higher than Trident Manufacturing Inc, which has an average salary of $89,394. It is higher than Stoneville R&D Inc, with their average salary at $84,458. This places Megazyme Inc in a competitive 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.

How Megazyme Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Megazyme Inc

Considering a career at Megazyme 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.
Teams are collaborative and leadership is transparent. Training is adequate, but opportunities for advancement vary by department. The work-life balance is respected, and employee well-being is prioritized. Knowing we're making a difference keeps us motivated. Some teams collaborate well, others feel disconnected.
Commented in May 30, 2025
25
0
Management trusts employees to manage their tasks and time effectively. This biotech firm offers robust benefits, competitive salaries, and excellent health coverage. One of the best aspects is the emphasis on work-life balance. Great team dynamic. Culture is inclusive and empowering. I feel confident in the leadership’s vision for the company’s future. This is a mission-driven company with a stro...
Commented in November 06, 2024
13
0
Team collaboration varies by department, with some groups working well together while others are more isolated. The environment is inclusive, and cross-departmental collaboration is common. I appreciate the flexibility offered.
Commented in July 22, 2024
25
2

Megazyme Inc Overview

Website
www.megazyme.com
Founded In
1988
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
55 E Monroe St Chicago Illinois IL 60603
Revenue
$5 Million - $10 Million
Phone Number
+1 3122124361
Social Media
About Megazyme Inc
Megazyme was founded in 1988 with the core mission of developing and refining analytical methods used to measure the carbohydrates and enzymes in grain and cereal products that affect quality. Subsequently, their interests expanded to the wine, dairy and food industries. Megazyme's diagnostics, which are exclusively developed and manufactured in-house, have since attracted worldwide acclaim for th

What Benefits Does Megazyme Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Megazyme 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 Megazyme 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 Megazyme 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 Megazyme 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 Megazyme Inc

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

The average annual total compensation for employees at Megazyme Inc is approximately $100,459. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,501 to $113,452, depending on factors like job role, experience, and location.

2. How much does Megazyme Inc pay compared to Trident Manufacturing Inc?

The average annual salary at Megazyme Inc is $100,459, or an hourly wage of $48, in comparison to Trident Manufacturing Inc which pays $89,394 per year or $43 per hour.

3. What is the lowest salary at Megazyme Inc?

The lowest-paying job at Megazyme Inc is a Lab Techican with a salary of $55,011 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 Megazyme 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 Megazyme Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

While some companies offer formal COLA, many, including potentially Megazyme 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 Megazyme Inc?

Most companies, likely including Megazyme 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.

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