Salary AI Book a Demo
Innovational Concepts Inc Salary

Innovational Concepts Inc 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 annual salary for employees at Innovational Concepts Inc in the United States is $91,810. This translates to an approximate hourly wage of $44. Salaries at Innovational Concepts Inc typically range from $80,144 to $105,185 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Innovational Concepts Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovational Concepts Inc. Based on our data, the highest paying job is the Sales Executive, with an annual salary of $211,554. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Innovational Concepts Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innovational Concepts 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
Boyle Associates $86,567
-5.7%
Boyle Associates operates with a leaner overhead structure, impacting base wage offers.
Chimney Lakes Animal Hospital $82,601
-10.0%
Chimney Lakes Animal Hospital likely leverages performance bonuses over the high base salary shown here.
DK Farms Inc $75,597
-17.7%
Reflects market rates for standard general contracting, differing from specialized roles.
The Uptown Veterinarian $94,521
+3.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
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.

How Innovational Concepts Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Innovational Concepts Inc

Considering a career at Innovational Concepts 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.
It is exciting, it’s a reliable place to work. Overall, it’s a stable place to work with consistent expectations. Health and wellness programs are a big plus. Training could be more structured, but overall, it’s a reliable place to work without major issues.
Commented in April 09, 2025
50
1
It’s a stable workplace with potential for process improvements. Nothing flashy, but a dependable employer for long-term roles. Managers are supportive, and career growth is a priority. The company maintains a professional and structured workplace. it’s a dependable place to work with a low-stress environment. The workload is reasonable, and expectations are clear. The hybrid work policy is a maj...
Commented in March 18, 2025
42
1
A stable option for those who value consistency. From career growth programs to team outings, there’s always something to look forward to. While there aren’t many flashy incentives, the basics like health coverage and paid time off are well-handled.
Commented in December 17, 2024
44
0

Innovational Concepts Inc Overview

Website
www.iwatergroup-us.com
Founded In
2019
Employees
<25 employees
Industry
All Industries
Headquarter Address
2355 Station Pkwy NW Andover Minnesota MN 55304
Revenue
$5 Million - $10 Million
Phone Number
+1 7632086514
Social Media
About Innovational Concepts Inc
Innovational Concepts Inc. specializes in water systems management. Our goal is to help our customers use less energy, water and man-hours. We develop innovational solutions to keep your people safe. Innovational Concepts Inc. supplies solid products for pre-system cleaning, online cleaning, and corrosion protection for hot water heating and chilled water systems. ICI is a leading supplier of filt

What Benefits Does Innovational Concepts Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovational Concepts 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)
Work at Innovational Concepts Inc?
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 Innovational Concepts 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 Innovational Concepts 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 Innovational Concepts 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 Innovational Concepts Inc

1. How much does an Innovational Concepts Inc employee make?

Innovational Concepts Inc pays its employees an average of $91,810 per year. The average salary at Innovational Concepts Inc range from $80,144 to $105,185 per year. 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 Innovational Concepts Inc?

The salary at Innovational Concepts Inc is higher than the similar company. The average annual salary at Innovational Concepts Inc is $91,810, or an hourly wage of $44, in comparison to Boyle Associates which pays $86,567 per year or $42 per hour.

3. How much does a Sales Executive typically earn at Innovational Concepts Inc?

A Sales Executive at Innovational Concepts Inc typically earns an average annual base salary of around $211,554, with a general range of $184,123 to $267,846.

4. Do employees with advanced degrees (Master's, PhD) earn more at Innovational Concepts Inc?

In many roles at Innovational Concepts 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.

5. How does the cost of living near Minneapolis affect the perceived value of a Innovational Concepts 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 Innovational Concepts Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Innovational Concepts Inc typically offer employees?

Innovational Concepts 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 Innovational Concepts Inc" section on this page.

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