Spectralytics Co Salary

Spectralytics Co Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average hourly salary for employees at Spectralytics Co in the United States is $45. This translates to an approximate annual wage of $94,236. Salaries at Spectralytics Co typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Spectralytics Co

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

Is Spectralytics Co’s Pay Competitive? Salary Benchmarking Analysis

How does Spectralytics Co'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
Royal Oak Medical Devices LLC $50
+9.4%
Adjusted for higher cost-of-living indices in Royal Oak Medical Devices LLC's primary metro hubs.
Duke Vascular $54
+19.4%
Influenced by prevailing union wage agreements specific to Duke Vascular's sector.
Design Standards Corp $50
+9.9%
Data suggests Design Standards Corp's workforce skews heavily towards veteran, high-tenure roles.
Beere Medical $48
+5.2%
Driven by niche technical certifications required for Beere Medical's specialized projects.
Biotechnology Industry $63
+38.5%
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 Spectralytics Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Spectralytics Co

Considering a career at Spectralytics Co? 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 company’s mission to develop life-saving treatments creates a motivating and fulfilling workplace. Every project, every discussion, is rooted in the ultimate goal of improving lives. Working at this biotech company has been incredibly rewarding. The transparency from management regarding company vision and challenges builds immense trust among employees. The resources and technology available ...
Commented in April 30, 2025
9
3
I sense the job security and stability here, which allows me to focus on doing my best work. I felt like a valued part of the team from day one, fully supported with all the resources and information needed to integrate quickly and contribute effectively. A stable job with meaningful work, though not especially innovative in day-to-day operations. Proud to be here. Career progression is available ...
Commented in August 23, 2024
24
1
The work is generally routine, and job expectations are clearly communicated. Workload varies by team; some groups are stretched thin. Management trusts employees to manage their tasks and time effectively. The company supports continuous learning with access to seminars and conferences. A fantastic launchpad for a biotech career.
Commented in March 23, 2024
49
1

Spectralytics Co Overview

Website
www.spectralytics.com
Founded In
1990
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
125 & 145 3rd St S Dassel Minnesota MN 55325
Revenue
$10 Million - $50 Million
Phone Number
+1 3202752118
Social Media
About Spectralytics Co
SPECTRAlytics provides laser solutions to our customers worldwide, across many industries. Our laser solutions can make the smallest of parts with the most critical of tolerances. We work with plastic, metal, composites and more. We also prototype and build custom laser machine technologies and in some cases do complete technology transfers. No job is too odd or too difficult. Whatever you call it

What Benefits Does Spectralytics Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spectralytics Co 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 Spectralytics Co?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

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 Spectralytics Co.
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 Spectralytics Co, 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 Spectralytics Co 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 Spectralytics Co

1. What is the typical salary range (low to high) for most roles at Spectralytics Co?

The typical salary range for most roles at Spectralytics Co is approximately from $40 to $51 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. How much does Spectralytics Co pay compared to Royal Oak Medical Devices LLC?

The average annual salary at Spectralytics Co is $94,236, or an hourly wage of $45, in comparison to Royal Oak Medical Devices LLC which pays $103,064 per year or $50 per hour.

3. Do salaries differ significantly between departments at Spectralytics Co?

Yes, salaries often differ between departments at Spectralytics Co 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. How does experience level affect salary at Spectralytics Co?

Experience level is a significant factor in determining salary at Spectralytics Co, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Spectralytics Co in Minneapolis is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Spectralytics Co?

Several key factors influence salary levels at Spectralytics Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Spectralytics Co likely benchmarks its salaries against other companies in the Biotechnology sector. You can explore how these factors play out in our detailed salary data.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning