CareRay Salary

CareRay Salary

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As of August 2026, the average hourly salary for employees at CareRay in the United States is $62. This translates to an approximate annual wage of $127,926. Salaries at CareRay typically range from $54 to $70 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at CareRay

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Is CareRay’s Pay Competitive? Salary Benchmarking Analysis

How does CareRay'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
Faxitron Bioptics LLC $46
-25.3%
Faxitron Bioptics LLC likely leverages performance bonuses over the high base salary shown here.
Rare Genomics Institute $54
-11.8%
Rare Genomics Institute may offer non-monetary perks in lieu of competitive base salaries.
InvivoGen Corp $52
-15.7%
InvivoGen Corp operates with a leaner overhead structure, impacting base wage offers.
Epitomics Inc $61
-1.4%
Indicates identical technical requirements and experience levels between the two firms.
Biotechnology Industry $63
+2.0%
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.

Companies Similar to CareRay and Their Hourly Pay Rates

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

Employee Reviews: Working at CareRay

Considering a career at CareRay? 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.
Projects are clearly defined, but scope for creativity is minimal. This biotech company invests in its people through leadership training and skill development. Fast-paced environment with variable work-life balance. Great potential if consistency across departments improves. Employees take pride in the work being done.
Commented in June 01, 2025
38
2
Leadership is accessible, and the focus on developing transformative therapies is exciting. The sense of community despite its employees, is surprisingly strong. The leadership team is approachable and genuinely cares about employee well-being. The team of scientists is both brilliant and collaborative, providing innovative solutions to complex biological challenges. The pace is demanding, but the...
Commented in November 03, 2024
33
1
Research is solid, but timelines feel rushed. Working here offers constant learning opportunities. A stable job with meaningful work, though not especially innovative in day-to-day operations.
Commented in June 12, 2024
47
0
The company values precision and structure, which suits those with a methodical approach. This company truly values its employees, fostering a culture of respect and open communication. The company is well-established but may not satisfy those looking for dynamic or creative roles. The atmosphere is collegial and it is overly collaborative.
Commented in March 28, 2024
21
2

CareRay Overview

Website
www.careray.com
Founded In
2007
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
2352 Walsh Ave Santa Clara California CA 95051
Revenue
$10 Million - $50 Million
Phone Number
+1 4084183985
Social Media
About CareRay
CareRay is dedicated to the innovation and production of the newest generation of flat panel detectors for medical, veterinary, security and industrial digital X-ray imaging systems. CareRay, with master public health and core technologies, has patented its flat panel x-ray detector in a variety of applications. The CareView line is widely used in S & P, mobile DR, digital mammography, infants, an

What Benefits Does CareRay Offer Beyond Salary?

A competitive compensation package is more than just a salary. CareRay 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)
Work at CareRay?
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What Is the Cost of Living Near Santa Clara?

Understanding the cost of living near Santa Clara is key to truly evaluating a salary offer or your current compensation at CareRay.
Santa Clara's Cost of Living Index is approximately 225.3 (125.3% more expensive than US average; 61.2% more than CA average). Heart of Silicon Valley, astronomical housing costs driven by tech industry, extremely high overall expenses. When planning your budget based on a salary from CareRay, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,600+ A significant portion of CareRay salary. Location choices impact this heavily.
Utilities (Basic) $180 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (VTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $520 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,700 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of CareRay

1. What is the average salary for employees at CareRay?

The average total compensation for employees at CareRay is approximately $62 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $54 to $70 per hour, depending on factors like job role, experience, and location.

2. How much does CareRay pay compared to Faxitron Bioptics LLC?

The average annual salary at CareRay is $127,926, or an hourly wage of $62, in comparison to Faxitron Bioptics LLC which pays $95,618 per year or $46 per hour.

3. What is the lowest salary at CareRay?

The lowest-paying job at CareRay is an Assistant Engineer with a salary of $34 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at CareRay?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at CareRay for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does CareRay offer cost-of-living adjustments (COLA) for employees in high-cost areas like Santa Clara?

While some companies offer formal COLA, many, including potentially CareRay, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at CareRay?

Most companies, likely including CareRay, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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