Phonak Salary

Phonak Salary

How much does the Phonak Pay for employees?

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As of July 2026, the average annual salary for employees at Phonak in the United States is $107,410. This translates to an approximate hourly wage of $52. Salaries at Phonak typically range from $94,577 to $121,402 annually, reflecting the diverse roles and experience levels within the company. Phonak’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 Phonak

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

Is Phonak’s Pay Competitive? Salary Benchmarking Analysis

How does Phonak’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)
Phonak
Biotechnology
Three Rivers Orthopaedic & Spine Products Inc
Hydrogel Vision Corp
Industry Comparison
Our data shows that, on average, compensation at Phonak is below the average for the U.S. Biotechnology industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Phonak average annual salary with several similar companies. Phonak average salary of $107,410 is higher than Three Rivers Orthopaedic & Spine Products Inc, which has an average salary of $94,795. It is higher than Hydrogel Vision Corp, with their average salary at $102,010. This places Phonak in a competitive position among its peers.
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How Phonak's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Phonak

Considering a career at Phonak? 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.
It’s deeply rewarding to know your work directly impacts people's lives for the better. The turnaround time for assay development was impressive, and their data quality is exceptional. This supportive environment makes it easy to integrate into the team and contribute meaningfully, fostering a strong sense of belonging for all employees. The company is large and well-structured, but sometimes trig...
Commented in April 09, 2025
27
1
Leadership is transparent and approachable. The culture is inclusive, and communication across levels is encouraged. Workload is manageable but sometimes repetitive. I’m proud to be part of a team dedicated to advancing biotechnology responsibly. The company’s commitment to sustainability and diversity makes this an outstanding place for biotech professionals to thrive. It doesn’t feel overly corp...
Commented in August 19, 2024
46
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You’re encouraged to share your ideas, and there’s a culture of respect and curiosity. It’s a respectful environment with steady workloads, which can suit certain personality types. This broadens my understanding of the entire drug development process, which is invaluable for personal growth and seeing the bigger picture of our collective efforts. Some teams collaborate well, others feel disconnec...
Commented in March 22, 2024
48
2

Phonak Overview

Website
www.phonakpro.com
Founded In
1947
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
4520 Weaver Pkwy Warrenville Illinois IL 60555
Revenue
$10 Million - $50 Million
Phone Number
+1 6303937400
Social Media
About Phonak
We are passionate about creating hearing solutions that change peoples lives to thrive socially and emotionally. A collection of voices from inside and outside the company, bringing you industry news, personal experiences and insights from behind the scenes. Phonak, a member of the Sonova Group, is always seeking talented, ambitious people with a passion for helping people hear better.

What Benefits Does Phonak Offer Beyond Salary?

A competitive compensation package is more than just a salary. Phonak 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 Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at Phonak.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from Phonak, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Phonak salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Phonak

1. What is the typical salary range (low to high) for most roles at Phonak?

The typical annual salary range for most roles at Phonak is approximately from $94,577 to $121,402. 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. How much does Phonak pay compared to Three Rivers Orthopaedic & Spine Products Inc?

The average annual salary at Phonak is $107,410, or an hourly wage of $52, in comparison to Three Rivers Orthopaedic & Spine Products Inc which pays $94,795 per year or $46 per hour.

3. How does experience level affect salary at Phonak?

Experience level is a significant factor in determining salary at Phonak, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Phonak in Aurora is fair given the local cost of living?

To determine if a salary offer from Phonak in Aurora is fair, first compare the gross salary to our data for similar roles at Phonak and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Aurora" to understand its purchasing power.

5. What factors influence salary increases at Phonak?

Salary increases at Phonak are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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