SRM Idea Lab Salary

SRM Idea Lab Salary

How much does the SRM Idea Lab Pay for employees?

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As of July 2026, the average annual salary for employees at SRM Idea Lab in the United States is $87,580. This translates to an approximate hourly wage of $42. Salaries at SRM Idea Lab typically range from $77,029 to $99,039 annually, reflecting the diverse roles and experience levels within the company. SRM Idea Lab’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 SRM Idea Lab Pay for Different Roles?

Explore detailed salary information for specific jobs at SRM Idea Lab. 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 SRM Idea Lab

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

Is SRM Idea Lab’s Pay Competitive? Salary Benchmarking Analysis

How does SRM Idea Lab’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
180k
150k
120k
90k
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30k
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Average Salary ($/year)
SRM Idea Lab
Retail & Wholesale
Mayo's Furniture
Tiger Seed LLC
Industry Comparison
Our data shows that, on average, compensation at SRM Idea Lab is below the average for the U.S. Retail & Wholesale 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 SRM Idea Lab average annual salary with several similar companies. SRM Idea Lab average salary of $87,580 is higher than Mayo's Furniture, which has an average salary of $86,778. It is higher than Tiger Seed LLC, with their average salary at $87,348. This places SRM Idea Lab in a competitive 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.

How SRM Idea Lab's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at SRM Idea Lab

Considering a career at SRM Idea Lab? 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 team is helpful, and communication is effective. Good training programs. The leadership team is transparent and supportive. The benefits package is a plus. The Retail & Wholesale space is competitive, but this company stands out due to its ethical practices and employee-focused policies.
Commented in April 30, 2025
23
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The retail industry can be fast-paced, but the leadership team ensures workloads are manageable. The wholesale division is well-managed, and communication is clear. The workplace is diverse and inclusive, making it a comfortable environment. The role a predictable routine. The Retail & Wholesale sector is fast-moving, but the company ensures employees aren’t overwhelmed. The pay is competitive, an...
Commented in February 26, 2025
15
0
Good benefits and fair pay. While there aren’t many standout perks, the basics like health insurance and paid leave are covered adequately. Expectations are reasonable, and managers are fair in their assessments.
Commented in July 27, 2024
17
0

SRM Idea Lab Overview

Website
www.srmentertainment.com
Founded In
1979
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1061 E Indiantown Rd Jupiter Florida FL 33477
Revenue
<$5 Million
Phone Number
+1 4072308100
Social Media
About SRM Idea Lab
SRM Idea Lab is an award winning innovation company, decades of success designing, manufacturing and selling creative products and services globally to customers including Fortune 500 companies. Since 1979, SRM has been a leader in developing innovative toys and products of play. Our competitive advantage comes from our commitment to our core values: "Forever 8" and "Keeping Score".

What Benefits Does SRM Idea Lab Offer Beyond Salary?

A competitive compensation package is more than just a salary. SRM Idea Lab 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 SRM Idea Lab.
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 SRM Idea Lab, 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 SRM Idea Lab 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 SRM Idea Lab

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

The typical annual salary range for most roles at SRM Idea Lab is approximately from $77,029 to $99,039. 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 SRM Idea Lab pay compared to Mayo's Furniture?

The average annual salary at SRM Idea Lab is $87,580, or an hourly wage of $42, in comparison to Mayo's Furniture which pays $86,778 per year or $42 per hour.

3. Do salaries differ significantly between departments at SRM Idea Lab?

Yes, salaries often differ between departments at SRM Idea Lab due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at SRM Idea Lab?

Experience level is a significant factor in determining salary at SRM Idea Lab, 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.

5. How can I determine if a salary offer from SRM Idea Lab in West Palm Beach is fair given the local cost of living?

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

6. Why might an individual's actual salary at SRM Idea Lab differ from the ranges shown here?

An individual's actual salary at SRM Idea Lab can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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