SterilMed Inc Salary

As of August 2026, the average hourly salary for employees at SterilMed Inc in the United States is $51. This translates to an approximate annual wage of $105,512. Salaries at SterilMed Inc typically range from $45 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at SterilMed Inc

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Is SterilMed Inc’s Pay Competitive? Salary Benchmarking Analysis

How does SterilMed 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
Sellstrom Manufacturing Co $50
-0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Maxx Orthopedics Inc $51
+1.2%
Indicates identical technical requirements and experience levels between the two firms.
Bionics LLC $50
-1.9%
Suggests Bionics LLC utilizes a highly similar base-plus-benefits compensation model.
Contact Prosthetics $55
+7.8%
Influenced by prevailing union wage agreements specific to Contact Prosthetics's sector.
Biotechnology Industry $63
+23.7%
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 SterilMed Inc

Considering a career at SterilMed 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.
Work is often routine and process-driven, with limited innovation in some departments. Working here means being part of a larger mission to improve global health. Working here has been a fulfilling experience. It’s a reliable workplace for those preferring clear rules over creative freedom.
People are genuinely enthusiastic about our mission and their individual contributions to it, creating a vibrant and motivated environment where everyone feels valued and driven. Communication across levels is clear and consistent, and performance feedback is constructive. Professional development is prioritized with frequent workshops and certifications. Communication is improving, but gaps still...
This biotech firm stands out for its positive and inclusive culture. My experience has been generally positive, though not particularly exceptional. The inclusive environment makes it easy to share ideas and feel heard. Benefits are solid, though raises and promotions come. Employees perform well-defined roles with limited cross-departmental collaboration or strategic influence. The company is doi...
Scientific freedom balanced with structure and goals. I’ve felt supported in taking risks and contributing creatively. The benefits package is comprehensive, and the company actively promotes employee well-being through various initiatives. The focus on breakthrough therapies is exciting, and there’s a clear path for career advancement.

SterilMed Inc Overview

Website
www.sterimedinc.com
Founded In
1967
Employees
25 - 50 employees
Industry
Biotechnology
Headquarter Address
5010 Cheshire Pkwy N Plymouth Minnesota MN 55446
Revenue
$10 Million - $50 Million
Phone Number
+1 7634883400
Social Media
About SterilMed Inc
Sterilmed partners with healthcare facilities to deliver maximum cost savings through proven, simple solutions that drive economic and environmental sustainability. As an FDA-regulated reprocessor, Sterilmed is held to the same standards for cleanliness, sterilization and functionality as the original equipment manufacturer. Sterilmed enables hospitals and medical facilities to reduce device costs

What Benefits Does SterilMed Inc Offer Beyond Salary?

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

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

The typical salary range for most roles at SterilMed Inc is approximately from $45 to $57 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 SterilMed Inc pay compared to Sellstrom Manufacturing Co?

The average annual salary at SterilMed Inc is $105,512, or an hourly wage of $51, in comparison to Sellstrom Manufacturing Co which pays $104,889 per year or $50 per hour.

3. Do salaries differ significantly between departments at SterilMed Inc?

Yes, salaries often differ between departments at SterilMed Inc 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 SterilMed Inc?

Experience level is a significant factor in determining salary at SterilMed Inc, 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 SterilMed Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from SterilMed Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at SterilMed Inc 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 factors influence salary increases at SterilMed Inc?

Salary increases at SterilMed Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.