Idea Realization Lab Salary

Idea Realization Lab Salary

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As of August 2026, the average hourly salary for employees at Idea Realization Lab in the United States is $48. This translates to an approximate annual wage of $99,932. Salaries at Idea Realization Lab typically range from $42 to $55 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Idea Realization Lab

Ready for your next career move? Explore current job openings at Idea Realization Lab. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Idea Realization Lab’s Pay Competitive? Salary Benchmarking Analysis

How does Idea Realization Lab'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
Care Plus TLC $44
-8.3%
Normalized for lower cost-of-living zones where Care Plus TLC primarily operates.
US DENTAL LABORATORY CO., INC Inc $50
+4.8%
Driven by niche technical certifications required for US DENTAL LABORATORY CO., INC Inc's specialized projects.
The Clinic for Medical Aesthetics $46
-4.6%
The Clinic for Medical Aesthetics may offer non-monetary perks in lieu of competitive base salaries.
Bedford Transitions LLC $41
-13.9%
Bedford Transitions LLC likely leverages performance bonuses over the high base salary shown here.
Healthcare Industry $59
+22.0%
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 Idea Realization Lab and Their Hourly Pay Rates

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

Employee Reviews: Working at Idea Realization Lab

Considering a career at Idea Realization Lab? 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. Opportunities to grow across departments and advance your healthcare career. Management actively promotes a culture of respect and kindness among all staff members. Working for this healthcare system has been incredibly rewarding.
Commented in March 26, 2025
33
1
For self-insured employers, they provide both cost control and quality assurance. The organization’s patient-first approach is reflected in everything we do. The company has heart—and it shows in both our work and how we treat each other internally. The kindness and competence are consistent and truly appreciated. Staff seem overworked, yet still do their best. Interdepartmental communication vari...
Commented in July 18, 2024
35
1
Training and mentorship programs help you develop both technical and soft skills. I’ve never felt more professionally competent or personally fulfilled than I do in this role. The pace is moderate, and while systems are in place, they’re not always streamlined. My role is straightforward and the workload is consistent.
Commented in March 09, 2024
27
1

Idea Realization Lab Overview

Website
www.irl.depaul.edu
Founded In
2017
Employees
50 - 100 employees
Industry
Healthcare
Headquarter Address
14 E Jackson Blvd Chicago Illinois IL 60604
Revenue
$5 Million - $10 Million
Phone Number
+1 3123621451
Social Media
About Idea Realization Lab
The Idea Realization Lab is a resource available to the entire DePaul University community, from students to alumni, faculty, and staff. We provide machines, tools, and materials at no cost, and offer workshops to teach visitors how to use the equipment safely. Our goal is to foster a spirit of collaboration and to promote creativity across the campus and throughout the city of Chicago.

What Benefits Does Idea Realization Lab Offer Beyond Salary?

A competitive compensation package is more than just a salary. Idea Realization Lab 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 Idea Realization Lab?
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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 Idea Realization Lab.
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 Idea Realization Lab, 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 Idea Realization Lab 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 Idea Realization Lab

1. What is the estimated average total compensation at Idea Realization Lab?

Salary.com estimates that the average total compensation package at Idea Realization Lab, which can include base salary, potential bonuses, and benefits, is around $48 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Idea Realization Lab pay compared to Care Plus TLC?

The average annual salary at Idea Realization Lab is $99,932, or an hourly wage of $48, in comparison to Care Plus TLC which pays $91,630 per year or $44 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Idea Realization Lab?

Salary progression from an entry-level to a senior role at Idea Realization Lab 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.

4. How can I determine if a salary offer from Idea Realization Lab in Chicago is fair given the local cost of living?

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

5. Are promotions at Idea Realization Lab usually accompanied by a significant salary increase?

Yes, promotions at Idea Realization Lab 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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