Terumo Corp Salary

Terumo Corp Salary

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As of August 2026, the average hourly salary for employees at Terumo Corp in the United States is $54. This translates to an approximate annual wage of $112,842. Salaries at Terumo Corp typically range from $48 to $61 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Terumo Corp

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Is Terumo Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Terumo Corp'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
Capsule Tech Inc $59
+9.4%
Influenced by prevailing union wage agreements specific to Capsule Tech Inc's sector.
Teleflex Medical OEM $57
+4.4%
Supported by Teleflex Medical OEM's high-margin contracts allowing higher overhead.
VitalPath $57
+4.2%
Reflects a supply-demand imbalance for the specific talent VitalPath targets.
Bard Davol $52
-3.7%
Bard Davol likely leverages performance bonuses over the high base salary shown here.
Biotechnology Industry $63
+15.7%
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.

Companies Similar to Terumo Corp and Their Hourly Pay Rates

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

Employee Reviews: Working at Terumo Corp

Considering a career at Terumo Corp? 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.
Culture differs widely between research and corporate teams. It’s a workplace best suited for individuals seeking job stability, industry experience, and a respectful culture without high expectations for rapid advancement or creative freedom. Comprehensive testing including mycoplasma, sterility, and identity. The organization runs efficiently, and expectations are generally reasonable.
Commented in April 27, 2025
11
0
In an industry as critical as biotechnology, this dedication is paramount. The leadership team is accessible and committed to making real change happen. It makes me proud to be part of this team. Project ownership is encouraged, though accountability and feedback systems are underdeveloped. The culture is team-oriented and focused on outcomes. Colleagues are supportive, and knowledge sharing is en...
Commented in March 18, 2025
18
3
The work-life balance atis surprisingly good, even for a company of this magnitude. We face complex challenges, and finding solutions together is incredibly rewarding. Great mission!. It’s a decent job, especially for someone seeking predictability and moderate challenge. Projects are interesting, but shifting priorities can disrupt momentum.
Commented in August 02, 2024
12
1
Working feels like being part of something truly monumental. Leadership is deeply invested in both employee well-being and company success. The organization is stable and professional, with competent leadership, but it’s not particularly innovative. Management is forward-thinking, consistently investing in the infrastructure needed to support our innovative research programs. They provide excellen...
Commented in January 16, 2024
44
3

Terumo Corp Overview

Website
www.terumo-cvs.com
Founded In
2001
Employees
200 - 500 employees
Industry
Biotechnology
Headquarter Address
6200 Jackson Rd Ann Arbor Michigan MI 48103
Revenue
$50 Million - $200 Million
Phone Number
+1 7346634145
Social Media
About Terumo Corp
Formed in 1999 and based in Ann Arbor, Michigan, Terumo Cardiovascular is a company that develops, manufactures and distributes medical devices for cardiac and vascular surgery with an emphasis on cardiopulmonary bypass, intra-operative monitoring and vascular grafting. This includes a range of perfusion products, endoscopic vessel harvesting products and surgical stabilization products.

What Benefits Does Terumo Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Terumo Corp 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 Ann Arbor?

Understanding the cost of living near Ann Arbor is key to truly evaluating a salary offer or your current compensation at Terumo Corp.
Ann Arbor's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 28.7% more than MI average). Home to Univ. of Michigan, desirable, high housing costs, tech presence. TheRide bus. When planning your budget based on a salary from Terumo Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Terumo Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $58 (TheRide monthly pass, free for UMich) 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) $2,978 - $4,728+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Terumo Corp

1. How much does a Terumo Corp employee make?

Terumo Corp pays its employees an average of $54 per hour. The average salary at Terumo Corp range from $48 to $61 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 Terumo Corp?

The salary at Terumo Corp is lesser than the similar company. The average annual salary at Terumo Corp is $112,842, or an hourly wage of $54, in comparison to Capsule Tech Inc which pays $123,433 per year or $59 per hour.

3. How much does a Vice President, Engineering typically earn at Terumo Corp?

A Vice President, Engineering at Terumo Corp typically earns an average hourly base salary of around $125, with a general range of $114 to $137.

4. Do employees with advanced degrees (Master's, PhD) earn more at Terumo Corp?

In many roles at Terumo Corp, 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.

5. How does the cost of living near Ann Arbor affect the perceived value of a Terumo Corp salary?

Ann Arbor's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 28.7% more than MI average). This significantly impacts the purchasing power of a salary from Terumo Corp based there. Our "Cost of Living Insights for Ann Arbor" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Terumo Corp typically offer employees?

Terumo Corp 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 Terumo Corp" section on this page.

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