BidMed LLC Salary

As of October 2026, the average annual salary for employees at BidMed LLC in the United States is $96,651. This translates to an approximate hourly wage of $46. Salaries at BidMed LLC typically range from $85,001 to $109,318 annually, reflecting the diverse roles and experience levels within the company.
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Is BidMed LLC’s Pay Competitive? Salary Benchmarking Analysis

How does BidMed LLC'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
Maya Network LLC $103,054
+6.6%
Driven by niche technical certifications required for Maya Network LLC's specialized projects.
Counselman Automotive Recycling LLC $90,924
-5.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Mercedes-Benz of Fort Myers $91,061
-5.8%
Mercedes-Benz of Fort Myers focuses strategically on recruiting and training entry-level apprentices.
Nowlan John and Gulf Bayport Chemicals LP $96,282
-0.4%
Confirms Nowlan John and Gulf Bayport Chemicals LP is a direct competitor vying for the exact same talent pool.
Retail & Wholesale Industry $123,318
+27.6%
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.

Employee Reviews: Working at BidMed LLC

Considering a career at BidMed LLC? 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 retail discounts are a nice perk too. It’s a good fit for those who prefer routine in a retail setting. Career growth is encouraged. The culture is collaborative, and the leadership team is transparent about company goals. The company offers good benefits and focuses on employee satisfaction.
From day one, I felt welcomed and supported. Communication is clear, and the workload is balanced. The management team is approachable and values employee feedback, which improves workplace satisfaction. The wholesale operations are well-managed, and employees are recognized. The company provides a structured work setting with clear guidelines. While there aren’t many standout perks, the job stabi...
The training and development programs are excellent, helping employees upskill. It’s a good option for those seeking stability in retail. The mentorship programs are fantastic, and promotions are based on merit.

BidMed LLC Overview

Website
www.bidmed.com
Founded In
2012
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1016 W Jackson Blvd Chicago Illinois IL 60607
Revenue
$10 Million - $50 Million
Phone Number
+1 7738408141
Social Media
About BidMed LLC
BidMed is a leader in the healthcare asset disposition industry, specializing in the buying and selling of pre-owned medical equipment. Powered by innovative technology and proprietary data, BidMeds services include medical asset valuations, inventory reconciliations, and liquidations. They were founded in 2012 and is headquartered in Chicago, IL.

What Benefits Does BidMed LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. BidMed LLC 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 BidMed LLC.
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 BidMed LLC, 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 BidMed LLC 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 BidMed LLC

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

The typical annual salary range for most roles at BidMed LLC is approximately from $85,001 to $109,318. 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 BidMed LLC pay compared to Maya Network LLC?

The average annual salary at BidMed LLC is $96,651, or an hourly wage of $46, in comparison to Maya Network LLC which pays $103,054 per year or $50 per hour.

3. Do salaries differ significantly between departments at BidMed LLC?

Yes, salaries often differ between departments at BidMed LLC 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 BidMed LLC?

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

To determine if a salary offer from BidMed LLC in Chicago is fair, first compare the gross salary to our data for similar roles at BidMed LLC 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. Why might an individual's actual salary at BidMed LLC differ from the ranges shown here?

An individual's actual salary at BidMed LLC 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.