Param Technologies Inc Salary

As of April 2026, the average annual salary for employees at Param Technologies Inc in the United States is $98,276. This translates to an approximate hourly wage of $47. Salaries at Param Technologies Inc typically range from $86,595 to $110,879 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Param Technologies Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Param Technologies Inc. Based on our data, the highest paying job is the Design Engineer, with an annual salary of $120,039. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Param Technologies Inc

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

Is Param Technologies Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Param Technologies 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
Web Legends LLC $89,447
-9.0%
Typical compensation structure for smaller regional agencies like Web Legends LLC.
iStreet Solutions LLC $97,569
-0.7%
Confirms iStreet Solutions LLC is a direct competitor vying for the exact same talent pool.
Dimension Systems Inc $91,620
-6.8%
Dimension Systems Inc likely leverages performance bonuses over the high base salary shown here.
Rudick Innovation & Technology LLC $92,348
-6.0%
Rudick Innovation & Technology LLC may offer non-monetary perks in lieu of competitive base salaries.
Software & Networking Industry $126,859
+29.1%
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 Param Technologies Inc

Considering a career at Param Technologies 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.
It’s a consistent job in retail. Managers are open to feedback, and teamwork is strong. Benefits are standard, and the office environment is comfortable. The work environment is structured, and expectations are clearly communicated. Communication from upper management is consistent, keeping everyone informed about company goals.
A standard retail job with predictable hours. The pay is competitive for the industry, and bonuses are a nice perk. Team members are cooperative, and management ensures tasks are clear.
Satisfied with career growth here. Work-life balance is respected, and remote work options are available when needed. Benefits and work flexibility are strong points. The workplace is structured and organized. Hard work is rewarded, and there are frequent team appreciation events. Workloads are manageable, and colleagues are easy to work with. The workplace is well-organized, and expectations are ...

Param Technologies Inc Overview

Website
www.paramtechno.com
Founded In
2017
Employees
<25 employees
Industry
Software & Networking
Headquarter Address
4220 Central Ave NE Minneapolis Minnesota MN 55421
Revenue
<$5 Million
Phone Number
+1 7634532840
Social Media
About Param Technologies Inc
At Param Technologies, Inc, we™ve worked hard to craft a supportive environment for our employees. We™re inspired to work because we know our consultants come to us looking for their dream jobs, and clients stay with us because we always have amazingly talented staff at the ready. Our cultural values help us handle this responsibility with integrity. In short, they™re the gut check of our day-to-d

What Benefits Does Param Technologies Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Param Technologies 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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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 Param Technologies 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 Param Technologies 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 Param Technologies 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 Param Technologies Inc

1. How much does a Param Technologies Inc employee make?

Param Technologies Inc pays its employees an average of $98,276 per year. The average salary at Param Technologies Inc range from $86,595 to $110,879 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. Which similar company tend to pay more or less than Param Technologies Inc?

The salary at Param Technologies Inc is higher than the similar company. The average annual salary at Param Technologies Inc is $98,276, or an hourly wage of $47, in comparison to Web Legends LLC which pays $89,447 per year or $43 per hour.

3. How much does a Design Engineer typically earn at Param Technologies Inc?

A Design Engineer at Param Technologies Inc typically earns an average annual base salary of around $120,039, with a general range of $113,545 to $124,422.

4. Do employees with advanced degrees (Master's, PhD) earn more at Param Technologies Inc?

In many roles at Param Technologies Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Minneapolis affect the perceived value of a Param Technologies Inc salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Param Technologies Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Param Technologies Inc typically offer employees?

Param Technologies Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Param Technologies Inc" section on this page.