Medtorque Inc Salary

As of August 2026, the average hourly salary for employees at Medtorque Inc in the United States is $53. This translates to an approximate annual wage of $109,900. Salaries at Medtorque Inc typically range from $47 to $60 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Medtorque Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Medtorque Inc. Based on our data, the highest paying job is the President & Chief Executive Officer, with an hourly wage of $409. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Medtorque Inc

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

Is Medtorque Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Medtorque Inc'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
Xtant Medical Inc $42
-21.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Radiocarbon $48
-9.8%
Typical compensation structure for smaller regional agencies like Radiocarbon.
General Applied Science Laboratory Inc $54
+1.5%
Confirms General Applied Science Laboratory Inc is a direct competitor vying for the exact same talent pool.
DAO Informatik AG $42
-19.6%
DAO Informatik AG may offer non-monetary perks in lieu of competitive base salaries.
Biotechnology Industry $63
+18.8%
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 Medtorque Inc

Considering a career at Medtorque Inc? 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.
This open dialogue ensures that everyone feels heard and empowered to contribute their best work towards our shared goals in advancing biotechnology. It’s fast-paced, but the enthusiasm and vision keep everyone moving in sync. Cross-functional collaboration is encouraged, allowing us to tackle complex challenges effectively. You’ll grow both technically and professionally in this supportive settin...
The scientific challenges are stimulating, and I appreciate the freedom to explore novel ideas. There’s a real emphasis on developing future leaders and offering growth opportunities internally. This broadens my understanding of the entire drug development process, which is invaluable for personal growth and seeing the bigger picture of our collective efforts. A highly motivating atmosphere where ...
While the work is demanding, management encourages flexibility and understands the importance of personal well-being. Exciting pipeline and visionary leadership. Leadership is transparent, but engagement with frontline staff is limited. Transparent leadership with regular communication. Team dynamics are respectful, particularly engaging.

Medtorque Inc Overview

Website
www.medtorque.com
Founded In
2005
Employees
100 - 200 employees
Industry
Biotechnology
Headquarter Address
612 W Lamont Rd Elmhurst Illinois IL 60126
Revenue
$10 Million - $50 Million
Phone Number
+1 7737752111
Social Media
About Medtorque Inc
MedTorque, Inc. provides contract manufacturing and assembly services for orthopedic medical devices. The company also offers a line of TRI-GEAR silicone handle ratcheting instruments for use in orthopedic and spine surgeries. It serves orthopedic and spinal companies. The company was founded in 2005 and is based in Kenosha, Wisconsin. As of September 30, 2012, MedTorque, Inc. operates as a subsid

What Benefits Does Medtorque Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Medtorque Inc 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 Medtorque Inc.
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 Medtorque Inc, 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 Medtorque Inc 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 Medtorque Inc

1. How much does Medtorque Inc in the United States pay?

Medtorque Inc pays its employees an average of $53 per hour. The average salary at Medtorque Inc range from $47 to $60 per hour. 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. Do Medtorque Inc employees get a higher salary than its peer company?

The salary at Medtorque Inc is higher than its peer company. The average annual salary at Medtorque Inc is $109,900, or an hourly wage of $53, in comparison to Xtant Medical Inc which pays $86,747 per year or $42 per hour.

3. What are the highest paying jobs at Medtorque Inc?

The higher-paying job at Medtorque Inc, according to our data, include President & Chief Executive Officer (avg. $409 per hour), Vice President, Production (avg. $81 per hour), and Senior Product Development Engineer (avg. $56 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Medtorque Inc?

Salary progression with years of experience at Medtorque Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Medtorque Inc vary by office location?

Yes, it's very likely that salaries at Medtorque Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

6. Does Medtorque Inc offer good benefits?

Medtorque Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Medtorque Inc" section on this page.