MR Instruments Inc Salary

As of April 2026, the average annual salary for employees at MR Instruments Inc in the United States is $100,870. This translates to an approximate hourly wage of $48. Salaries at MR Instruments Inc typically range from $88,868 to $113,915 annually, reflecting the diverse roles and experience levels within the company.

How Much Does MR Instruments Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at MR Instruments Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $780,826. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at MR Instruments Inc

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

Is MR Instruments Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MR Instruments 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
Acculab Calibration Laboratory & Calibration Service $96,272
-4.6%
Reflects market rates for standard general contracting, differing from specialized roles.
InLight Medical $94,563
-6.3%
Normalized for lower cost-of-living zones where InLight Medical primarily operates.
Provisio Medical Inc $100,944
+0.1%
Confirms Provisio Medical Inc is a direct competitor vying for the exact same talent pool.
Life365 Inc $93,772
-7.0%
Typical compensation structure for smaller regional agencies like Life365 Inc.
Biotechnology Industry $130,524
+29.4%
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 MR Instruments Inc

Considering a career at MR Instruments 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 leadership team is transparent and regularly updates staff on performance and direction. The leadership team is approachable and genuinely cares about employee well-being. Leadership is transparent, and teamwork is encouraged across departments. The management team is transparent and values employee contributions. However, this can hinder innovation and limit employee empowerment.
The collective intelligence and dedication of employees are channeled towards solving some of the world's most pressing health issues. It's inspiring to be surrounded by such dedicated professionals who are also great team players. Opportunities exist, but growth can affect employees. There are occasional inconsistencies between stated values and actual practices. Transparent leadership and a miss...
Still, the science is strong, and most colleagues are competent and committed. Inspiring environment with passionate, talented colleagues. A healthy balance of independence and support defines the environment.

MR Instruments Inc Overview

Website
www.mrinstruments.com
Founded In
2002
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
7600 Boone Ave N Minneapolis Minnesota MN 55428
Revenue
<$5 Million
Phone Number
+1 9522298805
Social Media
About MR Instruments Inc
MR Instruments, Inc. ("MRIi") is an independent designer and manufacturer of advanced MRI Radiofrequency ("RF") coils. With almost 15 years of RF coil experience, MRIi provides superior products which enhance the patient experience at the lowest possible cost for MRI Providers. In 2009 MR Instruments introduced the first clinically available 3.0T 32-Channel Head Coil. We strive for continual produ

What Benefits Does MR Instruments Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MR Instruments 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)
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How Much Should You Be Earning?

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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 MR Instruments 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 MR Instruments 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 MR Instruments 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 MR Instruments Inc

1. What is the typical salary range (low to high) for most roles at MR Instruments Inc?

The typical annual salary range for most roles at MR Instruments Inc is approximately from $88,868 to $113,915. 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 MR Instruments Inc pay compared to Acculab Calibration Laboratory & Calibration Service?

The average annual salary at MR Instruments Inc is $100,870, or an hourly wage of $48, in comparison to Acculab Calibration Laboratory & Calibration Service which pays $96,272 per year or $46 per hour.

3. Do salaries differ significantly between departments at MR Instruments Inc?

Yes, salaries often differ between departments at MR Instruments 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. How does experience level affect salary at MR Instruments Inc?

Experience level is a significant factor in determining salary at MR Instruments Inc, 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 MR Instruments Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from MR Instruments Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at MR Instruments Inc 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. Why might an individual's actual salary at MR Instruments Inc differ from the ranges shown here?

An individual's actual salary at MR Instruments Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.