Innovative Media Systems Salary

As of September 2026, the average annual salary for employees at Innovative Media Systems in the United States is $96,240. This translates to an approximate hourly wage of $46. Salaries at Innovative Media Systems typically range from $84,644 to $108,831 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Innovative Media Systems Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovative Media Systems. Based on our data, the highest paying job is the Software Developer, with an annual salary of $108,879. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Innovative Media Systems’s Pay Competitive? Salary Benchmarking Analysis

How does Innovative Media Systems'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
Smiths Medical International Ltd $99,098
+3.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
McGuire Wholesale Inc $84,278
-12.4%
McGuire Wholesale Inc operates with a leaner overhead structure, impacting base wage offers.
Moluf's Supply $85,017
-11.7%
Typical compensation structure for smaller regional agencies like Moluf's Supply.
Forsythe Jewelers $85,006
-11.7%
Forsythe Jewelers focuses strategically on recruiting and training entry-level apprentices.
Retail & Wholesale Industry $123,318
+28.1%
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 Innovative Media Systems

Considering a career at Innovative Media Systems? 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 job provides a good work-life balance. The company culture is positive and motivating. I’ve been able to grow professionally thanks to the many learning opportunities provided. The Retail & Wholesale industry can be fast-paced, but the workload is manageable, and the leadership ensures employees have the resources they need. Fun work environment.
Leadership is transparent about company goals, which keeps everyone aligned. Great workplace with a focus on employee development. The company has a great culture of recognition. Benefits like health insurance and bonuses make it a great place to build a career.
Working here has been a rewarding experience. Coworkers are friendly, and managers are fair. Decent pay and quarterly incentives. Decent place to gain experience. Overall, it’s a reliable place to work if you’re looking for steady employment without major surprises. The work is engaging, and the team is talented. There’s not much turnover, which speaks to job security.

Innovative Media Systems Overview

Website
www.innovativemediasystems.com
Founded In
1997
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
7121 Washington Ave S Edina Minnesota MN 55439
Revenue
<$5 Million
Phone Number
+1 9529602915
Social Media
About Innovative Media Systems
Established in 1997. Innovative Media Systems is Minnesota's premier custom home theater and home electronics company. With more than 30 years of unparalleled design, sales, installation, and service experience, Innovative Media Systems has set the standard for innovation, technical excellence, and customer satisfaction. We specialize in working with homeowners, designers, architects, and builders

What Benefits Does Innovative Media Systems Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovative Media Systems 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 Innovative Media Systems.
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 Innovative Media Systems, 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 Innovative Media Systems 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 Innovative Media Systems

1. What is the typical salary range (low to high) for most roles at Innovative Media Systems?

The typical annual salary range for most roles at Innovative Media Systems is approximately from $84,644 to $108,831. 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 Innovative Media Systems pay compared to Smiths Medical International Ltd?

The average annual salary at Innovative Media Systems is $96,240, or an hourly wage of $46, in comparison to Smiths Medical International Ltd which pays $99,098 per year or $48 per hour.

3. Do salaries differ significantly between departments at Innovative Media Systems?

Yes, salaries often differ between departments at Innovative Media Systems 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 Innovative Media Systems?

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

To determine if a salary offer from Innovative Media Systems in Minneapolis is fair, first compare the gross salary to our data for similar roles at Innovative Media Systems 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 Innovative Media Systems?

Salary increases at Innovative Media Systems 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.