PlanetM Salary

How much does the PlanetM Pay for employees?

As of July 2026, the average annual salary for employees at PlanetM in the United States is $92,506. This translates to an approximate hourly wage of $44. Salaries at PlanetM typically range from $81,491 to $104,465 annually, reflecting the diverse roles and experience levels within the company. PlanetM’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 PlanetM Pay for Different Roles?

Explore detailed salary information for specific jobs at PlanetM. 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.
How accurate does the salary look to you?

Current Job Openings at PlanetM

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

Is PlanetM’s Pay Competitive? Salary Benchmarking Analysis

How does PlanetM’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)
PlanetM
Biotechnology
NeuroNexus
Patent Docs
Industry Comparison
Our data shows that, on average, compensation at PlanetM is below the average for the U.S. Biotechnology 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 PlanetM average annual salary with several similar companies. PlanetM average salary of $92,506 is lower than NeuroNexus, which has an average salary of $96,493. It is lower than Patent Docs, with their average salary at $106,313. This places PlanetM in a developing 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.

Employee Reviews: Working at PlanetM

Considering a career at PlanetM? 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 focus on sustainable biotechnology solutions inspires me. The company has earned a strong and positive reputation within the biotechnology industry, and I'm genuinely proud to say I work here among such talented, passionate, and dedicated individuals who contribute to our collective success. Communication varies by department and manager. Projects are impactful and scientifically amb...
I appreciate the continuing education programs and mentorship available. This environment is steady but may lack excitement for employees seeking community engagement. Compensation is fair, though career advancement may take time. Working here offers solid exposure to scientific processes, but the organizational structure can feel rigid. It’s a steady place to build expertise, although it may not ...
Our teams work cross-functionally to innovate and solve complex problems. Cross-functional collaboration is frequent and rewarding. It’s a safe and supportive space to learn, explore new scientific ideas, and even challenge a_s_sumptions, which is vital for innovation.

PlanetM Overview

Website
www.planetm.com
Founded In
2016
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
300 N Washington Sq Lansing Michigan MI 48913
Revenue
$5 Million - $10 Million
Phone Number
+1 8885220103
Social Media
About PlanetM
PlanetM is a partnership of mobility organizations, communities, educational institutions, research and development, and government agencies working together to develop and deploy the mobility technologies driving the future. Available to any mobility-focused company or investor, PlanetM is a no-cost, concierge service that connects startups, businesses and communities to Michigan's mobility ecosy

What Benefits Does PlanetM Offer Beyond Salary?

A competitive compensation package is more than just a salary. PlanetM 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Lansing?

Understanding the cost of living near Lansing is key to truly evaluating a salary offer or your current compensation at PlanetM.
Lansing's Cost of Living Index is approximately 83.1 (16.9% less expensive than US average; 8.0% less than MI average). State capital (Michigan State Univ. nearby), affordable housing. CATA bus. When planning your budget based on a salary from PlanetM, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of PlanetM salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (CATA monthly pass, free for MSU) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,010 - $3,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of PlanetM

1. How much does a PlanetM employee make?

PlanetM pays its employees an average of $92,506 per year. The average salary at PlanetM range from $81,491 to $104,465 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 PlanetM?

The salary at PlanetM is lesser than the similar company. The average annual salary at PlanetM is $92,506, or an hourly wage of $44, in comparison to NeuroNexus which pays $96,493 per year or $46 per hour.

3. How much does a Sr. Executive typically earn at PlanetM?

A Sr. Executive at PlanetM typically earns an average annual base salary of around $161,517, with a general range of $129,188 to $206,533.

4. Do employees with advanced degrees (Master's, PhD) earn more at PlanetM?

In many roles at PlanetM, 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.

5. How does the cost of living near Lansing affect the perceived value of a PlanetM salary?

Lansing's Cost of Living Index is approximately 83.1 (16.9% less expensive than US average; 8.0% less than MI average). This significantly impacts the purchasing power of a salary from PlanetM based there. Our "Cost of Living Insights for Lansing" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does PlanetM typically offer employees?

PlanetM 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 PlanetM" section on this page.