MEDTEC Inc Salary

MEDTEC Inc Salary

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As of July 2026, the average annual salary for employees at MEDTEC Inc in the United States is $82,369. This translates to an approximate hourly wage of $40. Salaries at MEDTEC Inc typically range from $72,557 to $93,039 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at MEDTEC Inc

Ready for your next career move? Explore current job openings at MEDTEC Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is MEDTEC Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MEDTEC 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
Neogen Europe Ltd $95,417
+15.8%
Driven by niche technical certifications required for Neogen Europe Ltd's specialized projects.
Phylos $100,702
+22.3%
Supported by Phylos's high-margin contracts allowing higher overhead.
Nortis Inc $105,406
+28.0%
Reflects a supply-demand imbalance for the specific talent Nortis Inc targets.
Innovinc Pvt Ltd $120,068
+45.8%
Influenced by prevailing union wage agreements specific to Innovinc Pvt Ltd's sector.
Biotechnology Industry $130,524
+58.5%
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.

How MEDTEC Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at MEDTEC Inc

Considering a career at MEDTEC 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.
Projects are complex but rewarding. Their market analysis identified promising new applications for our technology. Projects are interesting, but shifting priorities can disrupt momentum. The work is meaningful, and the company’s impact on healthcare is profound.
Commented in March 26, 2025
39
1
It's a place where your work feels purposeful and where professional growth is aligned with organizational success. Work-life balance is generally respected, and benefits meet industry standards. This biotech firm offers robust benefits, competitive salaries, and excellent health coverage. Benefits are competitive, and work-life balance is respected. The research feels significant, and collaborati...
Commented in March 19, 2025
23
1
Diversity and inclusion are genuinely prioritized here. Worth every penny of investment. Career progression may take time without proactive planning. This biotech company invests in its people through leadership training and skill development.
Commented in January 14, 2025
14
3

MEDTEC Inc Overview

Website
www.medtecbiolab.com
Founded In
1994
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
1401 8th St SE Orange City Iowa IA 51041
Revenue
$10 Million - $50 Million
Phone Number
+1 7127378654
Social Media
About MEDTEC Inc
MedTec Biolab is a privately-owned company by Jose Zavala, PhD. Since 1994, MedTec has specialized in the development of state-of-the-art laboratory test and validation equipment for clinical diagnostics testing in the U.S. and worldwide. In 2018, MedTec introduced a new line of in vitro exposure systems that focuses on applying advanced technology to in vitro aerosol, gas, and vapor inhalation ex

What Benefits Does MEDTEC Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MEDTEC 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 MEDTEC Inc?
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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at MEDTEC Inc.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from MEDTEC Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of MEDTEC Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MEDTEC Inc

1. What is the estimated average total compensation at MEDTEC Inc?

Salary.com estimates that the average total compensation package at MEDTEC Inc, which can include base salary, potential bonuses, and benefits, is around $82,369 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does MEDTEC Inc pay compared to Neogen Europe Ltd?

The average annual salary at MEDTEC Inc is $82,369, or an hourly wage of $40, in comparison to Neogen Europe Ltd which pays $95,417 per year or $46 per hour.

3. Do salaries differ significantly between departments at MEDTEC Inc?

Yes, salaries often differ between departments at MEDTEC Inc 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at MEDTEC Inc?

Salary progression from an entry-level to a senior role at MEDTEC Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from MEDTEC Inc in Des Moines is fair given the local cost of living?

To determine if a salary offer from MEDTEC Inc in Des Moines is fair, first compare the gross salary to our data for similar roles at MEDTEC Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Des Moines" to understand its purchasing power.

6. Are promotions at MEDTEC Inc usually accompanied by a significant salary increase?

Yes, promotions at MEDTEC Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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