| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| The Weave Bar | $94,225 |
-1.8%
|
Suggests The Weave Bar utilizes a highly similar base-plus-benefits compensation model. |
| Gassen Company , AAMC | $96,535 |
+0.6%
|
Confirms Gassen Company , AAMC is a direct competitor vying for the exact same talent pool. |
| NC Universal Distributors Inc | $89,637 |
-6.6%
|
NC Universal Distributors Inc focuses strategically on recruiting and training entry-level apprentices. |
| Jeanine Horowitz Foundation | $104,140 |
+8.5%
|
Data suggests Jeanine Horowitz Foundation's workforce skews heavily towards veteran, high-tenure roles. |
| Business Services Industry | $120,931 |
+26.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$94,225 / year
Salary Range: $82,811 - $106,599
Philadelphia, PA
$96,535 / year
Salary Range: $84,827 - $109,245
Saint Paul, MN
$89,637 / year
Salary Range: $78,770 - $101,453
Charlotte, NC
$104,140 / year
Salary Range: $91,507 - $117,866
Beverly Hills, CA
$86,430 / year
Salary Range: $75,947 - $97,819
Savannah, GA
$94,162 / year
Salary Range: $82,738 - $106,563
Houston, TX
$92,727 / year
Salary Range: $81,500 - $104,904
Mankato, MN
$86,029 / year
Salary Range: $75,608 - $97,332
Rochester, MN
$93,244 / year
Salary Range: $81,949 - $105,489
Inver Grove Heights, MN
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,100+ | A significant portion of BioTHIK salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $230 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $120 (Metro Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $630 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,920 - $4,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at BioTHIK is approximately from $84,323 to $108,611. 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.
The average annual salary at BioTHIK is $95,966, or an hourly wage of $46, in comparison to The Weave Bar which pays $94,225 per year or $45 per hour.
Experience level is a significant factor in determining salary at BioTHIK, 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.
To determine if a salary offer from BioTHIK in Minneapolis is fair, first compare the gross salary to our data for similar roles at BioTHIK and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
Salary increases at BioTHIK 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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