Open Water Concepts Salary

How much does the Open Water Concepts Pay for employees?

As of July 2026, the average annual salary for employees at Open Water Concepts in the United States is $86,610. This translates to an approximate hourly wage of $42. Salaries at Open Water Concepts typically range from $76,277 to $97,722 annually, reflecting the diverse roles and experience levels within the company. Open Water Concepts’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 Open Water Concepts

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Is Open Water Concepts’s Pay Competitive? Salary Benchmarking Analysis

How does Open Water Concepts’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)
Open Water Concepts
MFG Durable
New Amsterdam Boats LLC
WatchFacts
Industry Comparison
Our data shows that, on average, compensation at Open Water Concepts is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Open Water Concepts average annual salary with several similar companies. Open Water Concepts average salary of $86,610 is lower than New Amsterdam Boats LLC, which has an average salary of $88,466. It is lower than WatchFacts, with their average salary at $86,715. This places Open Water Concepts in a developing position among its peers.
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Employee Reviews: Working at Open Water Concepts

Considering a career at Open Water Concepts? 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.
This isn't just another manufacturing job; it’s a career opportunity with a company that values its workforce. For anyone considering a career in manufacturing, I highly recommend this company. I’ve found this manufacturing company to be a fantastic place to work. The company invests in both cutting-edge equipment and comprehensive employee training programs.
It’s a stable, fulfilling place to work. Tasks are clearly defined, which helps keep things efficient, there is opportunity for creativity or input. Great work environment for both experienced professionals and those starting out.
I always feel protected and informed on the job. This organization offers employees a stable and well-structured manufacturing environment focused on safety and quality. Production schedules are realistic, and the team works together with purpose. What’s most impressive is the company’s stability—despite market changes, they’ve kept operations smooth. This resilience is a testament to the strong c...

Open Water Concepts Overview

Website
www.openwaterconcepts.com
Founded In
2020
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
7735 SW Ellipse Way Stuart Florida FL 34997
Revenue
<$5 Million
Phone Number
+1 7722668449
Social Media
About Open Water Concepts
Open Water Concepts provides both boat owners and boat manufacturers with custom-made solutions. Our skilled team uses the state-of-the-art design and scanning technology and top-of-the-line CNC cutting equipment to create fully customized products for your boat. Our Stuart, Florida location can handle trailerable boats on site, or we can bring our team and equipment to you. We are always availabl

What Benefits Does Open Water Concepts Offer Beyond Salary?

A competitive compensation package is more than just a salary. Open Water Concepts 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 West Palm Beach?

Understanding the cost of living near West Palm Beach is key to truly evaluating a salary offer or your current compensation at Open Water Concepts.
West Palm Beach's Cost of Living Index is approximately 113.8 (13.8% more expensive than US average; 10.4% more than FL average). South Florida city, higher housing costs, near affluent Palm Beach. Palm Tran, Tri-Rail. When planning your budget based on a salary from Open Water Concepts, 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 Open Water Concepts salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Palm Tran monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,190 - $5,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Open Water Concepts

1. What is the average salary for employees at Open Water Concepts?

The average annual total compensation for employees at Open Water Concepts is approximately $86,610. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,277 to $97,722, depending on factors like job role, experience, and location.

2. How much does Open Water Concepts pay compared to New Amsterdam Boats LLC?

The average annual salary at Open Water Concepts is $86,610, or an hourly wage of $42, in comparison to New Amsterdam Boats LLC which pays $88,466 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Open Water Concepts?

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 Open Water Concepts for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Open Water Concepts offer cost-of-living adjustments (COLA) for employees in high-cost areas like West Palm Beach?

While some companies offer formal COLA, many, including potentially Open Water Concepts, 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.

5. What's the typical process for salary reviews and raises at Open Water Concepts?

Most companies, likely including Open Water Concepts, 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.