$168 / hour
Salary Range: $139 - $202
Operations
$120 / hour
Salary Range: $106 - $133
Research and Development
$105 / hour
Salary Range: $93 - $118
Sales
$104 / hour
Salary Range: $93 - $116
Product Development
$104 / hour
Salary Range: $89 - $120
Finance
$98 / hour
Salary Range: $89 - $109
Marketing
$92 / hour
Salary Range: $81 - $103
Regulatory Affairs
$80 / hour
Salary Range: $76 - $83
Pharmacy
$79 / hour
Salary Range: $71 - $85
Engineering Management
$76 / hour
Salary Range: $67 - $86
Healthcare
$70 / hour
Salary Range: $64 - $78
Financial Planning and Analysis
$70 / hour
Salary Range: $63 - $76
Compensation and Benefits
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Bard Peripheral Vascular Inc | $55 |
-3.0%
|
Confirms Bard Peripheral Vascular Inc is a direct competitor vying for the exact same talent pool. |
| Sizewise Rentals LLC | $55 |
-3.3%
|
Sizewise Rentals LLC may offer non-monetary perks in lieu of competitive base salaries. |
| K2M Group Holdings Inc | $62 |
+8.3%
|
Reflects a supply-demand imbalance for the specific talent K2M Group Holdings Inc targets. |
| Surgical Specialties Corp | $63 |
+9.3%
|
Supported by Surgical Specialties Corp's high-margin contracts allowing higher overhead. |
| Biotechnology Industry | $63 |
+9.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$55 / hour
Salary Range: $49 - $63
Tempe, AZ
$55 / hour
Salary Range: $49 - $63
Lenexa, KS
$62 / hour
Salary Range: $54 - $70
Leesburg, VA
$63 / hour
Salary Range: $55 - $71
Westwood, MA
$63 / hour
Salary Range: $55 - $71
Peabody, MA
$54 / hour
Salary Range: $48 - $62
Beaumont, TX
$61 / hour
Salary Range: $54 - $69
Warminster, PA
$56 / hour
Salary Range: $49 - $64
Colorado Springs, CO
$59 / hour
Salary Range: $52 - $66
Chicago, IL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Thoratec Corp 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. |
Thoratec Corp pays its employees an average of $57 per hour. The average salary at Thoratec Corp range from $50 to $65 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.
The salary at Thoratec Corp is higher than its peer company. The average annual salary at Thoratec Corp is $118,939, or an hourly wage of $57, in comparison to Bard Peripheral Vascular Inc which pays $115,374 per year or $55 per hour.
The higher-paying job at Thoratec Corp, according to our data, include Operations Executive (avg. $168 per hour), Director, Research & Development (avg. $120 per hour), and Director, Commercial (avg. $105 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at Thoratec Corp 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.
Yes, it's very likely that salaries at Thoratec Corp 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.
Thoratec Corp 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 Thoratec Corp" section on this page.
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