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MIT Consultants Ltd Salary

MIT Consultants Ltd Salary

How much does the MIT Consultants Ltd Pay for employees?

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As of September 2026, the average annual salary for employees at MIT Consultants Ltd in the United States is $107,980. This translates to an approximate hourly wage of $52. Salaries at MIT Consultants Ltd typically range from $95,081 to $121,963 annually, reflecting the diverse roles and experience levels within the company. MIT Consultants Ltd’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 MIT Consultants Ltd

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Is MIT Consultants Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does MIT Consultants Ltd’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)
MIT Consultants Ltd
Software & Networking
Synctera
Lab49 Inc
Industry Comparison
Our data shows that, on average, compensation at MIT Consultants Ltd is below the average for the U.S. Software & Networking industry by approximately 15%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared MIT Consultants Ltd average annual salary with several similar companies. MIT Consultants Ltd average salary of $107,980 is lower than Synctera, which has an average salary of $124,983. It is lower than Lab49 Inc, with their average salary at $120,047. This places MIT Consultants Ltd in a developing position among its peers.
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How MIT Consultants Ltd's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at MIT Consultants Ltd

Considering a career at MIT Consultants Ltd? 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 benefits package is robust, and the company promotes from within. Great leadership and clear communication make this company stand out. Leadership is transparent about company goals, which keeps everyone aligned. The retail discounts are a nice perk.
Commented in March 31, 2025
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Managers listen to concerns, and the company offers good health benefits. Managers are approachable. The retail hours can be long, but the flexibility makes up for it. Leadership encourages innovation and ideas. The training programs are helpful, and I’ve learned a lot.
Commented in November 29, 2024
25
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The company has a strong vision and a talented team. I’ve grown professionally since joining this company. The retail industry can be fast-paced, but the leadership team ensures workloads are manageable. The team is professional, and collaboration is encouraged. The workplace is well-organized, and communication is effective. The retail discounts are a nice perk too. The company fosters innovation...
Commented in August 25, 2024
21
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Expectations are reasonable, and managers are fair in their assessments. Career growth opportunities are a highlight here. I’ve had a great experience and would recommend it. The office environment is modern and comfortable, contributing to productivity.
Commented in June 05, 2024
21
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The Retail & Wholesale sector has its challenges, but the company handles them efficiently. The Retail & Wholesale industry is fast-paced, but the company provides excellent training and resources to help you succeed. The company values its employees and promotes a healthy work-life balance. I’ve learned so much and feel valued as an employee.
Commented in March 24, 2024
49
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MIT Consultants Ltd Overview

Website
www.mitconsulting.net
Founded In
2002
Employees
100 - 200 employees
Industry
Software & Networking
Headquarter Address
500 W Madison St Chicago Illinois IL 60661
Revenue
$10 Million - $50 Million
Phone Number
+1 3126481000
Social Media
About MIT Consultants Ltd
MIT Consultants is the firm that provides innovative solutions to the business and technology challenges of middle-market companies and large organizations. MIT builds solutions across functions to fit the special challenges that each business faces.

What Benefits Does MIT Consultants Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. MIT Consultants Ltd 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 MIT Consultants Ltd.
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 MIT Consultants Ltd, 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 MIT Consultants Ltd 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 MIT Consultants Ltd

1. How much does a MIT Consultants Ltd employee make?

MIT Consultants Ltd pays its employees an average of $107,980 per year. The average salary at MIT Consultants Ltd range from $95,081 to $121,963 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 MIT Consultants Ltd?

The salary at MIT Consultants Ltd is lesser than the similar company. The average annual salary at MIT Consultants Ltd is $107,980, or an hourly wage of $52, in comparison to Synctera which pays $124,983 per year or $60 per hour.

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

In many roles at MIT Consultants Ltd, 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 MIT Consultants Ltd 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 MIT Consultants Ltd 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 MIT Consultants Ltd typically offer employees?

MIT Consultants Ltd 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 MIT Consultants Ltd" section on this page.

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