MedTrace Pharma Inc Salary

MedTrace Pharma Inc Salary

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As of August 2026, the average hourly salary for employees at MedTrace Pharma Inc in the United States is $53. This translates to an approximate annual wage of $109,414. Salaries at MedTrace Pharma Inc typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at MedTrace Pharma Inc

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

Is MedTrace Pharma Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MedTrace Pharma 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
Pharma Nord Vertriebs GmbH $46
-11.9%
Pharma Nord Vertriebs GmbH likely leverages performance bonuses over the high base salary shown here.
Dne Pharma $42
-19.4%
Normalized for lower cost-of-living zones where Dne Pharma primarily operates.
Pharma - Smart USA LLC $51
-2.4%
Indicates identical technical requirements and experience levels between the two firms.
Affinia Therapeutics $55
+3.7%
Driven by niche technical certifications required for Affinia Therapeutics's specialized projects.
Pharmaceuticals Industry $65
+22.3%
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 MedTrace Pharma Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at MedTrace Pharma Inc

Considering a career at MedTrace Pharma 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.
The work is impactful, and leadership is transparent. The company encourages innovation and provides the tools needed to succeed. Team collaboration is seamless, making projects enjoyable. The company provides a positive work environment in the pharmaceuticals sector. I appreciate the emphasis on employee well-being and continuous learning.
Commented in February 19, 2025
26
2
Employees are treated well, and the work is engaging. Management is approachable, and feedback is taken seriously. The pharmaceutical work is impactful, and the team is passionate. Colleagues are collaborative, and leadership is visionary. The pharmaceutical projects are innovative, and the team is highly motivated. The pharmaceutical research is cutting-edge, and teamwork is seamless. It’s a soli...
Commented in December 23, 2024
42
1
Good for those who value stability. The company operates efficiently with clear expectations. The pharmaceutical industry is fast-paced, and the company keeps up well. Professional development is encouraged, and benefits are excellent.
Commented in March 16, 2024
16
2

MedTrace Pharma Inc Overview

Website
Data pending, update soon.
Founded In
2022
Employees
50 - 100 employees
Industry
Pharmaceuticals
Headquarter Address
80 S 8th St Minneapolis Minnesota MN 55402
Revenue
<$5 Million
Phone Number
+1 8336154261
Social Media
About MedTrace Pharma Inc
MedTrace Pharma Inc is a company that operates in the Pharmaceuticals industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Minneapolis, Minnesota.

What Benefits Does MedTrace Pharma Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MedTrace Pharma 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at MedTrace Pharma Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from MedTrace Pharma Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of MedTrace Pharma Inc 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.

FAQs of MedTrace Pharma Inc

1. How much does a MedTrace Pharma Inc employee make?

MedTrace Pharma Inc pays its employees an average of $53 per hour. The average salary at MedTrace Pharma Inc range from $46 to $59 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. Which similar company tend to pay more or less than MedTrace Pharma Inc?

The salary at MedTrace Pharma Inc is higher than the similar company. The average annual salary at MedTrace Pharma Inc is $109,414, or an hourly wage of $53, in comparison to Pharma Nord Vertriebs GmbH which pays $96,377 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at MedTrace Pharma Inc?

In many roles at MedTrace Pharma Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a MedTrace Pharma Inc salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from MedTrace Pharma Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does MedTrace Pharma Inc typically offer employees?

MedTrace Pharma Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at MedTrace Pharma Inc" section on this page.

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