Medallion Labs Salary

As of July 2026, the average annual salary for employees at Medallion Labs in the United States is $106,250. This translates to an approximate hourly wage of $51. Salaries at Medallion Labs typically range from $93,560 to $120,098 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Medallion Labs

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Is Medallion Labs’s Pay Competitive? Salary Benchmarking Analysis

How does Medallion Labs'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
State Testing Center $110,648
+4.1%
Supported by State Testing Center's high-margin contracts allowing higher overhead.
Mo Patzig Testing Laboratories Co Inc $99,309
-6.5%
Mo Patzig Testing Laboratories Co Inc may offer non-monetary perks in lieu of competitive base salaries.
Avery Laboratories & Services LLC $94,753
-10.8%
Normalized for lower cost-of-living zones where Avery Laboratories & Services LLC primarily operates.
Calibration Service Group LLC $93,867
-11.7%
Calibration Service Group LLC likely leverages performance bonuses over the high base salary shown here.
Biotechnology Industry $130,524
+22.8%
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 Medallion Labs

Considering a career at Medallion Labs? 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.
In an industry often under scrutiny, they maintain the highest standards of research and development. This company is a fantastic place for anyone passionate about biotechnology. This is a great place to develop your career while contributing to meaningful, large-scale health innovations. However, benefits are decent, and most coworkers are respectful and professional. Knowing we're contributing t...
The company ensures all protocols are followed, creating a secure environment for everyone to perform their best work. This biotech company promotes a balance of teamwork and independent innovation. Management promotes a collaborative and respectful culture, and the work environment feels safe and inclusive. Fast-paced but deeply rewarding research setting. Work-life balance is generally respected...
Compensation is reasonable and it is exceptional. The work-life balance is decent, but don’t expect rapid career progression. It’s a company that values contribution and impact equally. I’ve been impressed by the emphasis on professional growth and cross-functional collaboration.

Medallion Labs Overview

Website
www.medallionlabs.com
Founded In
1974
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
9000 Plymouth Ave N Minneapolis Minnesota MN 55427
Revenue
$10 Million - $50 Million
Phone Number
+1 7637644453
Social Media
About Medallion Labs
Medallion Labs is the analytical testing and consulting service of General Mills. Since 1974, we have served more than 3,000 national and international clients, earning us a reputation for quality, reliability and flexibility. We consistently meet demands for fast turnaround and accuracy of results. Each sample is treated with excellent care and confidentiality is maintained at all times. Through

What Benefits Does Medallion Labs Offer Beyond Salary?

A competitive compensation package is more than just a salary. Medallion Labs 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 Medallion Labs.
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 Medallion Labs, 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 Medallion Labs 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 Medallion Labs

1. What is the average salary for employees at Medallion Labs?

The average annual total compensation for employees at Medallion Labs is approximately $106,250. However, this is an aggregate figure, actual salaries can range significantly, typically from $93,560 to $120,098, depending on factors like job role, experience, and location.

2. How much does Medallion Labs pay compared to State Testing Center?

The average annual salary at Medallion Labs is $106,250, or an hourly wage of $51, in comparison to State Testing Center which pays $110,648 per year or $53 per hour.

3. What is the lowest salary at Medallion Labs?

The lowest-paying job at Medallion Labs is an Order Management Coordinator with a salary of $49,136 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Medallion Labs?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Medallion Labs for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Medallion Labs offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Medallion Labs, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Medallion Labs?

Most companies, likely including Medallion Labs, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.