Where is MedTrace Pharma Inc located?

MedTrace Pharma Inc is headquartered in Minneapolis, Minnesota, but may have operations in other locations within the Pharmaceuticals sector.

What does MedTrace Pharma Inc do?

According to the company's overview, MedTrace Pharma Inc is a company that operates in the Pharmaceuticals industry.

What industry is MedTrace Pharma Inc in?

MedTrace Pharma Inc operates in the Pharmaceuticals industry.

MedTrace Pharma Inc Average Salary, Pay Ranges & Benefits

MedTrace Pharma Inc Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Find Out My True Value AI-powered Salary Insights

Salary at MedTrace Pharma Inc

Current Job Openings at MedTrace Pharma Inc

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

Is MedTrace Pharma Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MedTrace Pharma 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
Pharma Nord Vertriebs GmbH	$96,377	-11.9%	Typical compensation structure for smaller regional agencies like Pharma Nord Vertriebs GmbH.
Dne Pharma	$88,160	-19.4%	Reflects market rates for standard general contracting, differing from specialized roles.
Pharma - Smart USA LLC	$106,735	-2.4%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Affinia Therapeutics	$113,465	+3.7%	Influenced by prevailing union wage agreements specific to Affinia Therapeutics's sector.
Pharmaceuticals Industry	$133,789	+22.3%	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 MedTrace Pharma Inc's Salaries Compare to Similar Companies?

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

Pharma Nord Vertriebs GmbH

$96,377 / year

Salary Range: $84,863 - $108,916

Flensburg, MN

Dne Pharma

$88,160 / year

Salary Range: $77,624 - $99,624

Oslo, MN

Pharma - Smart USA LLC

$106,735 / year

Salary Range: $93,981 - $120,622

Roseville, MN

Affinia Therapeutics

$113,465 / year

Salary Range: $99,901 - $128,219

Waltham, MA

Peptide Co

$91,019 / year

Salary Range: $80,144 - $102,856

Herndon, WV

Creek Pharmaceuticals LLC

$107,041 / year

Salary Range: $94,247 - $120,951

Northbrook, IL

Merck Vaccines

$99,552 / year

Salary Range: $87,649 - $112,501

Tarentum, PA

Sucampo Pharma Americas LLC

$108,222 / year

Salary Range: $95,292 - $122,305

Chicago, IL

Sorrento Biologics Inc

$107,452 / year

Salary Range: $94,604 - $121,415

Wilmington, DE

Employee Reviews: Working at MedTrace Pharma Inc

Considering a career at MedTrace Pharma 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.

The work is impactful, and leadership is transparent. The company encourages innovation and provides the tools needed to succeed. Team collaboration is seamless, making projects enjoyable. The company provides a positive work environment in the pharmaceuticals sector. I appreciate the emphasis on employee well-being and continuous learning.

Commented in February 19, 2025

26

2

Employees are treated well, and the work is engaging. Management is approachable, and feedback is taken seriously. The pharmaceutical work is impactful, and the team is passionate. Colleagues are collaborative, and leadership is visionary. The pharmaceutical projects are innovative, and the team is highly motivated. The pharmaceutical research is cutting-edge, and teamwork is seamless. It’s a soli...

Commented in December 23, 2024

42

1

Good for those who value stability. The company operates efficiently with clear expectations. The pharmaceutical industry is fast-paced, and the company keeps up well. Professional development is encouraged, and benefits are excellent.

Commented in March 16, 2024

16

2

What Benefits Does MedTrace Pharma Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MedTrace Pharma 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 MedTrace Pharma 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

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 MedTrace Pharma 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 MedTrace Pharma 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 MedTrace Pharma 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 MedTrace Pharma Inc

1. How much does MedTrace Pharma Inc in the United States pay?

MedTrace Pharma Inc pays its employees an average of $109,414 per year. The average salary at MedTrace Pharma Inc range from $96,345 to $123,646 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. Do MedTrace Pharma Inc employees get a higher salary than its peer company?

The salary at MedTrace Pharma Inc is higher than its peer company. The average annual salary at MedTrace Pharma Inc is $109,414, or an hourly wage of $53, in comparison to Pharma Nord Vertriebs GmbH which pays $96,377 per year or $46 per hour.

3. How much does salary increase with years of experience at MedTrace Pharma Inc?

Salary progression with years of experience at MedTrace Pharma Inc 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.

4. Do salaries at MedTrace Pharma Inc vary by office location?

Yes, it's very likely that salaries at MedTrace Pharma Inc 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 Minneapolis section provides more context.

5. Does MedTrace Pharma Inc offer good benefits?

MedTrace Pharma Inc 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 MedTrace Pharma Inc" section on this page.