Oticon Overview

Oticon is a hearing aid manufacturer based in Copenhagen, Denmark. It was founded in 1904 by Hans Demant, whose wife was hearing impaired.
Oticon has been around for a long time. It was founded back in 1904. This established company loves to hire graduates from Middlesex County College, with 13.2% of its employees having attended Middlesex County College. Oticon is a great place to work and is featured as number 15 on Zippia's list of Best Companies to Work for in Franklin, NJ. The average employee at Oticon makes $50,864 per year, which is competitive for its industry and location. Some of its highest paying competitors, Knowles, Red Spot Paint & Varnish Co, and Bags, pay $63,203, $63,144, and $52,362, respectively.
Oticon is a medium pharmaceutical company with 310 employees and an annual revenue of $35.2M that is headquartered in New Jersey.

The Organization’s Mission

At Oticon we work hard every day to help you as hearing care professionals create a better future for every child with hearing loss.

Industry

Manufacturing

Revenue

$35.2M

Employees

310

Founded in

1904

Headquarters

Franklin, NJ

Website

oticon.com

Organization Type

Private

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The Team At Oticon

Key People
  • Peer Lauritsen (President)
  • Hans Demant (founder)

Oticon Reviews

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4.0

Zippia UserFebruary 2020

4.0

Zippia Official LogoZippia UserFebruary 2020

What Do You Like About Working There?

The people I work with & our product Show More

What DON'T You Like About Working There?

Making people hear Show More

What Are Your Favorite Benefits/Perks?

Special promotions on our product Show More
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Oticon Rankings

Oticon is ranked #15 on the Best Companies to Work For in Franklin, NJ list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Oticon Salaries

How much does Oticon pay?
The national average salary for an Oticon employee in the United States is $50,864 per year. Employees in the top 10 percent can make over $93,000 per year, while employees at the bottom 10 percent earn less than $27,000 per year.
9.2
Salary Score
Average Employee Earnings

Oticon Salaries By Job Title

While the average employee salary at Oticon is $50,864, there is a big variation in pay depending on the role. The higher paying positions at Oticon include Developer, Audiologist, Customer Relationship Management Consultant, and Business Intelligence Analyst. A worker with the title Developer salary at Oticon can earn an average yearly salary of $95,724. Some of the other roles at Oticon are Cashier and Production Worker. A worker with the title Cashier at Oticon earns an average salary of $21,200 per year.
Title
Average
Developer
Developer
$95,724
$96k
Audiologist
Audiologist
$94,137
$94k
Customer Relationship Management Consultant
Customer Relationship Management Consultant
$93,128
$93k
Business Intelligence Analyst
Business Intelligence Analyst
$83,962
$84k
Technical Support Engineer
Technical Support Engineer
$75,367
$75k
Project Manager
Project Manager
$73,715
$74k
Information Technology Consultant
Information Technology Consultant
$68,751
$69k
Finance Analyst
Finance Analyst
$67,689
$68k
Associate Radio Frequency Engineer
Associate Radio Frequency Engineer
$66,119
$66k
Senior Account Executive
Senior Account Executive
$62,041
$62k

Oticon Careers

On average, employees at Oticon stay with the company for 3.2 years. Employees most commonly join Oticon after leaving Verizon. When they leave Oticon, they most frequently get their next job at Sivantos.

Average Length of Employment

Oticon

3.2 years
Knowles3.1 years
Top Employers Before Oticon
Verizon10.7 %
Cordis8.9 %
AT&T8.9 %
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Top Employers After Oticon
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Oticon Employment Videos

Oticon Financial Performance

4.4
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$10M - $100M

Founded in

1904

Organization type

Private

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Oticon Competitors

Competitors of Oticon include Knowles, Red Spot Paint & Varnish Co, and Bags. The average salaries at Knowles rank the highest, with their employees earning an average salary of $63,203 per year. The employees at Red Spot Paint & Varnish Co earn an average yearly salary of $63,144 per year, and the salaries at Bags average $52,362 per year.
Company
Average Salary
$63,203
$63k
$52,362
$52k
Pagers
Pagers
$46,391
$46k
$44,115
$44k
CLEAR SOLUTIONS TECH
CLEAR SOLUTIONS TECH
$43,634
$44k
UNIVERSAL MARKETING
UNIVERSAL MARKETING
$42,344
$42k
Adhesive Systems Technology
Adhesive Systems Technology
$41,754
$42k

Frequently Asked Questions about Oticon

When was Oticon founded?

Oticon was founded in 1904.

How many Employees does Oticon have?

Oticon has 310 employees.

How much money does Oticon make?

Oticon generates $35.2M in revenue.

What industry is Oticon in?

Oticon is in the manufacturing industry.

What is Oticon's mission?

Oticon's mission statement is "At Oticon we work hard every day to help you as hearing care professionals create a better future for every child with hearing loss."

What type of company is Oticon?

Oticon is a private company.

Who are Oticon's competitors?

Oticon competitors include Knowles, Protect America, Modern Marketing Concepts, Rooms To Go, Phonak, Central Steel & Wire Co, Red Spot Paint & Varnish Co, Fall River Foundry, CLEAR SOLUTIONS TECH, ClientLogic Handels, Adhesive Systems Technology, Teamwork Athletic Apparel, Bags, Elsa, SPECTRUM COMMUNICATIONS CABLING SERV, School Specialty, Publishers Circulation, UNIVERSAL MARKETING, Pagers, Helena Industries.

Who works at Oticon?

Peer Lauritsen (President)

Hans Demant (founder)

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Zippia gives an in-depth look into the details of Oticon, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Oticon. The employee data is based on information from people who have self-reported their past or current employments at Oticon. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Oticon and its employees or that of Zippia.