Medtronic Physiological Research Laboratories Salary

As of August 2026, the average annual salary for employees at Medtronic Physiological Research Laboratories in the United States is $103,075. This translates to an approximate hourly wage of $50. Salaries at Medtronic Physiological Research Laboratories typically range from $90,792 to $116,452 annually, reflecting the diverse roles and experience levels within the company.
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Is Medtronic Physiological Research Laboratories’s Pay Competitive? Salary Benchmarking Analysis

How does Medtronic Physiological Research Laboratories'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
Research Laboratories Inc $102,495
-0.6%
Indicates identical technical requirements and experience levels between the two firms.
Health Technology Innovations Inc $97,063
-5.8%
Typical compensation structure for smaller regional agencies like Health Technology Innovations Inc.
Sustainable Systems Worldwide $111,714
+8.4%
Adjusted for higher cost-of-living indices in Sustainable Systems Worldwide's primary metro hubs.
Htl Innovations Inc $117,716
+14.2%
Data suggests Htl Innovations Inc's workforce skews heavily towards veteran, high-tenure roles.
Biotechnology Industry $130,524
+26.6%
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 Medtronic Physiological Research Laboratories

Considering a career at Medtronic Physiological Research Laboratories? 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.
Interdepartmental collaboration is smooth, and everyone is passionate about the company’s mission. People are genuinely enthusiastic about our mission and their contributions to it. The mission drives everyone, creating a passionate and focused work environment. Strong mentorship programs help new employees thrive and build successful biotech careers. Joining this biotechnology company was one of ...
The company invests significantly in training and mentorship programs, encouraging us to expand our skill sets. Excellent internal communication and scientific infrastructure. The workplace culture is inclusive and supportive, with numerous opportunities for skill enhancement. Leaders here value long-term thinking and ethical practice.
This thoughtful approach allows us to remain passionate and productive without sacrificing our personal lives, fostering a sustainable and healthy workplace. It’s fast-paced, but the enthusiasm and vision keep everyone moving in sync. Projects are clearly defined, but scope for creativity is minimal. This is a great place to develop your career while contributing to meaningful, large-scale health ...
It’s incredibly inspiring to see the direct impact our work can potentially have on patients' lives. You’ll grow both technically and professionally in this supportive setting. The company's commitment to social responsibility, beyond just profits, is also something I deeply admire.

Medtronic Physiological Research Laboratories Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Biotechnology
Headquarter Address
11520 Yellow Pine Street Nw C202 Minneapolis Minnesota MN 55448
Revenue
<$5 Million
Phone Number
-
Social Media

What Benefits Does Medtronic Physiological Research Laboratories Offer Beyond Salary?

A competitive compensation package is more than just a salary. Medtronic Physiological Research Laboratories 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 Medtronic Physiological Research Laboratories.
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 Medtronic Physiological Research Laboratories, 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 Medtronic Physiological Research Laboratories 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 Medtronic Physiological Research Laboratories

1. What is the typical salary range (low to high) for most roles at Medtronic Physiological Research Laboratories?

The typical annual salary range for most roles at Medtronic Physiological Research Laboratories is approximately from $90,792 to $116,452. 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 Medtronic Physiological Research Laboratories pay compared to Research Laboratories Inc?

The average annual salary at Medtronic Physiological Research Laboratories is $103,075, or an hourly wage of $50, in comparison to Research Laboratories Inc which pays $102,495 per year or $49 per hour.

3. How does experience level affect salary at Medtronic Physiological Research Laboratories?

Experience level is a significant factor in determining salary at Medtronic Physiological Research Laboratories, 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.

4. How can I determine if a salary offer from Medtronic Physiological Research Laboratories in Minneapolis is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Medtronic Physiological Research Laboratories?

Several key factors influence salary levels at Medtronic Physiological Research Laboratories. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Medtronic Physiological Research Laboratories likely benchmarks its salaries against other companies in the Biotechnology sector. You can explore how these factors play out in our detailed salary data.