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BandGrip Inc Salary

BandGrip Inc Salary

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As of September 2026, the average annual salary for employees at BandGrip Inc in the United States is $104,225. This translates to an approximate hourly wage of $50. Salaries at BandGrip Inc typically range from $91,800 to $117,769 annually, reflecting the diverse roles and experience levels within the company.

How Much Does BandGrip Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at BandGrip Inc. Based on our data, the highest paying job is the Chief Marketing Officer, with an annual salary of $339,826. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is BandGrip Inc’s Pay Competitive? Salary Benchmarking Analysis

How does BandGrip Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Liberty Surgical Inc $105,311
+1.0%
Suggests Liberty Surgical Inc utilizes a highly similar base-plus-benefits compensation model.
Matrix Surgical USA $99,046
-5.0%
Matrix Surgical USA likely leverages performance bonuses over the high base salary shown here.
Fortimedix USA Inc $106,767
+2.4%
Confirms Fortimedix USA Inc is a direct competitor vying for the exact same talent pool.
School Bio - Medical Engineering $97,052
-6.9%
Typical compensation structure for smaller regional agencies like School Bio - Medical Engineering.
Biotechnology Industry $130,524
+25.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How BandGrip Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at BandGrip Inc

Considering a career at BandGrip Inc? 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.
Leadership truly values its employees, offering robust professional development programs and fostering a culture where groundbreaking ideas are celebrated. I appreciate the continuing education programs and mentorship available. This synergy allows us to innovate faster and more effectively, ultimately bringing vital therapies to patients sooner. Leadership listens and acts on feedback. A great cu...
Commented in March 26, 2025
19
3
Compensation and benefits are competitive, and the work environment is both challenging and supportive. Truly a leader in the biotech space. Love working on groundbreaking therapies here. Our work positively impacts global healthcare, which motivates me daily. Excellent cell banking services.
Commented in March 03, 2025
44
1
From day one, I felt welcomed and supported. Resources for career advancement are readily available, and the company recognizes high performers. It's reassuring to work for a company that aligns its values with its actions. The management team is transparent and values employee contributions.
Commented in February 11, 2024
28
0

BandGrip Inc Overview

Website
www.bandgrip.com
Founded In
2015
Employees
25 - 50 employees
Industry
Biotechnology
Headquarter Address
311 S Wacker Dr Chicago Illinois IL 60606
Revenue
$10 Million - $50 Million
Phone Number
+1 8449686322
Social Media
About BandGrip Inc
Based in Chicago , BandGrip was founded in 2015 with the goal of developing a faster, easier, and less invasive way to safely close wounds. The emerging medical device company canvassed surgeons to identify ways to reduce closure time, improve ambulation, and minimize scarring. As a result, the company's team of medical professionals developed the patented technology behind the BandGrip Micro-Anch

What Benefits Does BandGrip Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. BandGrip Inc 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at BandGrip Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from BandGrip Inc, 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 BandGrip Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BandGrip Inc

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

The typical annual salary range for most roles at BandGrip Inc is approximately from $91,800 to $117,769. 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 BandGrip Inc pay compared to Liberty Surgical Inc?

The average annual salary at BandGrip Inc is $104,225, or an hourly wage of $50, in comparison to Liberty Surgical Inc which pays $105,311 per year or $51 per hour.

3. Do salaries differ significantly between departments at BandGrip Inc?

Yes, salaries often differ between departments at BandGrip Inc 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 BandGrip Inc?

Experience level is a significant factor in determining salary at BandGrip Inc, 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 BandGrip Inc in Chicago is fair given the local cost of living?

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

6. What factors influence salary increases at BandGrip Inc?

Salary increases at BandGrip Inc 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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