Otomagnetics LLC Salary

Otomagnetics LLC Salary

How much does the Otomagnetics LLC Pay for employees?

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As of August 2026, the average annual salary for employees at Otomagnetics LLC in the United States is $106,893. This translates to an approximate hourly wage of $51. Salaries at Otomagnetics LLC typically range from $94,155 to $120,707 annually, reflecting the diverse roles and experience levels within the company. Otomagnetics LLC’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 Otomagnetics LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Otomagnetics LLC. 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 Otomagnetics LLC

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

Is Otomagnetics LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Otomagnetics LLC’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)
Otomagnetics LLC
Pharmaceuticals
Autobio Diagnostics Co. Ltd
Galimedix Therapeutics Inc
Industry Comparison
Our data shows that, on average, compensation at Otomagnetics LLC is below the average for the U.S. Pharmaceuticals industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Otomagnetics LLC average annual salary with several similar companies. Otomagnetics LLC average salary of $106,893 is higher than Autobio Diagnostics Co. Ltd, which has an average salary of $106,503. It is lower than Galimedix Therapeutics Inc, with their average salary at $108,750. This places Otomagnetics LLC in a mid-range position among its peers.
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How Otomagnetics LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Otomagnetics LLC

Considering a career at Otomagnetics LLC? 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’s commitment to quality and patient care makes the work meaningful. The pharmaceutical developments here are exciting, and employees are recognized for their contributions. The leadership is focused on meeting industry regulations, which ensures compliance. The work we do in pharmaceuticals is impactful, and the team spirit makes every day enjoyable. A solid choice for professionals.
Commented in March 07, 2025
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I appreciate the company’s focus on innovation in pharmaceuticals. The projects are interesting. The company’s dedication to pharmaceuticals is commendable. Management is transparent, and recognition programs are motivating. Work-life balance is respected, and the benefits package is solid. The work environment is collaborative, and the leadership team is supportive. I appreciate the company’s com...
Commented in December 01, 2024
41
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Employees are given the tools to succeed, and teamwork is emphasized. The company also supports community initiatives, which enhances its reputation. The pharmaceutical projects are interesting, and the team is competent. I’ve had a positive experience here, thanks to the collaborative team and forward-thinking leadership. The leadership is approachable, and the work environment is inclusive.
Commented in January 26, 2024
27
3

Otomagnetics LLC Overview

Website
www.otomagnetics.net
Founded In
2012
Employees
<25 employees
Industry
Pharmaceuticals
Headquarter Address
12156 Parklawn Dr North Bethesda Maryland MD 20852
Revenue
$5 Million - $10 Million
Phone Number
+1 3014054191
Social Media
About Otomagnetics LLC
Otomagnetics, a University of Maryland College Park spin-out, is developing a non-invasive method to effectively deliver drugs and other therapeutic payloads to inner and middle ear compartments, to the eye, and into the skin. Otomagnetics is developing and commercializing a magnetic injection delivery system that can safely, effectively, and non-invasively deliver therapy to targets in the body t

What Benefits Does Otomagnetics LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Otomagnetics LLC 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 Rockville?

Understanding the cost of living near Rockville is key to truly evaluating a salary offer or your current compensation at Otomagnetics LLC.
Rockville's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 17.3% more than MD average). Montgomery County seat, affluent, high housing costs. Ride On bus, Metro Red Line. When planning your budget based on a salary from Otomagnetics LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of Otomagnetics LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On pass, Metro extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,465 - $5,435+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Otomagnetics LLC

1. How much does Otomagnetics LLC in the United States pay?

Otomagnetics LLC pays its employees an average of $106,893 per year. The average salary at Otomagnetics LLC range from $94,155 to $120,707 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. Do Otomagnetics LLC employees get a higher salary than its peer company?

The salary at Otomagnetics LLC is higher than its peer company. The average annual salary at Otomagnetics LLC is $106,893, or an hourly wage of $51, in comparison to Autobio Diagnostics Co. Ltd which pays $106,503 per year or $51 per hour.

3. What are the highest paying jobs at Otomagnetics LLC?

The higher-paying job at Otomagnetics LLC, according to our data, include Chief Executive Officer (avg. $827,449 per year), Scientist (avg. $128,186 per year), and Senior Scientist (avg. $128,186 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Otomagnetics LLC?

Salary progression with years of experience at Otomagnetics LLC is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Otomagnetics LLC vary by office location?

Yes, it's very likely that salaries at Otomagnetics LLC vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Rockville section provides more context.

6. Does Otomagnetics LLC offer good benefits?

Otomagnetics LLC typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Otomagnetics LLC" section on this page.

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