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Foster Medical Salary

Foster Medical Salary

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As of September 2026, the average annual salary for employees at Foster Medical in the United States is $84,120. This translates to an approximate hourly wage of $40. Salaries at Foster Medical typically range from $73,895 to $95,393 annually, reflecting the diverse roles and experience levels within the company.
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Is Foster Medical’s Pay Competitive? Salary Benchmarking Analysis

How does Foster Medical'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
Excelera Health $100,986
+20.0%
Data suggests Excelera Health's workforce skews heavily towards veteran, high-tenure roles.
Elan Medical Spa $100,638
+19.6%
Reflects a supply-demand imbalance for the specific talent Elan Medical Spa targets.
Pirouette Medical LLC $101,841
+21.1%
Driven by niche technical certifications required for Pirouette Medical LLC's specialized projects.
Workers Health Solutions LLC $89,373
+6.2%
Influenced by prevailing union wage agreements specific to Workers Health Solutions LLC's sector.
Healthcare Industry $121,907
+44.9%
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 Foster Medical's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Foster Medical

Considering a career at Foster Medical? 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.
I always feel confident in their knowledge and grateful for their thoughtful approach to health. Excellent service and patient-centered approach every time. The systems in place function reliably, and the environment remains professional. Love the teamwork in high-pressure situations. It's a functional workplace for those prioritizing stability over excitement in healthcare.
Commented in April 12, 2025
49
2
Care coordination is seamless - we've seen a 30% reduction in hospital readmissions. Our community's health outcomes have improved dramatically since established their accountable care organization. Our hospital's merger was executed flawlessly.
Commented in March 17, 2025
43
0
The opportunities for advancement are clear, and I’ve benefited from strong mentorship programs. Some staff don’t always introduce themselves, and some explanations are brief. Career growth exists. In this healthcare organization, inclusion isn’t just a buzzword—it’s real. Genetic counseling helped personalize my treatment plan. Team interactions vary across departments.
Commented in February 22, 2025
26
0

Foster Medical Overview

Website
www.fostermedicalclinic.com
Founded In
1981
Employees
<25 employees
Industry
Healthcare
Headquarter Address
275 S Limestone Lexington Kentucky KY 40508
Revenue
<$5 Million
Phone Number
+1 8593006006
Social Media
About Foster Medical
Foster Medical exists to help patients reduce the risk of illness while improving their quality of life. We develop patient specific goals through frequent patient interaction before implementing appropriate treatments while maintaining a patient friendly, professional and efficient environment.

What Benefits Does Foster Medical Offer Beyond Salary?

A competitive compensation package is more than just a salary. Foster Medical 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 Lexington?

Understanding the cost of living near Lexington is key to truly evaluating a salary offer or your current compensation at Foster Medical.
Lexington's Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 2.6% less than KY average). 'Horse Capital', Univ. of Kentucky, housing affordable. Lextran bus. When planning your budget based on a salary from Foster Medical, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Foster Medical salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (Lextran monthly pass, free for UK) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Foster Medical

1. What is the estimated average total compensation at Foster Medical?

Salary.com estimates that the average total compensation package at Foster Medical, which can include base salary, potential bonuses, and benefits, is around $84,120 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Foster Medical pay compared to Excelera Health?

The average annual salary at Foster Medical is $84,120, or an hourly wage of $40, in comparison to Excelera Health which pays $100,986 per year or $49 per hour.

3. Do salaries differ significantly between departments at Foster Medical?

Yes, salaries often differ between departments at Foster Medical 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Foster Medical?

Salary progression from an entry-level to a senior role at Foster Medical can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Foster Medical in Lexington is fair given the local cost of living?

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

6. Are promotions at Foster Medical usually accompanied by a significant salary increase?

Yes, promotions at Foster Medical are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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