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Parasol Medical Salary

Parasol Medical Salary

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As of August 2026, the average annual salary for employees at Parasol Medical in the United States is $92,200. This translates to an approximate hourly wage of $44. Salaries at Parasol Medical typically range from $81,088 to $104,258 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parasol Medical Pay for Different Roles?

Explore detailed salary information for specific jobs at Parasol Medical. Based on our data, the highest paying job is the President, with an annual salary of $713,709. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Parasol Medical’s Pay Competitive? Salary Benchmarking Analysis

How does Parasol Medical'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
Echelon Distribution $97,875
+6.2%
Adjusted for higher cost-of-living indices in Echelon Distribution's primary metro hubs.
M&M Creations $89,500
-2.9%
Confirms M&M Creations is a direct competitor vying for the exact same talent pool.
Gibsonlook $82,992
-10.0%
Gibsonlook operates with a leaner overhead structure, impacting base wage offers.
James Oliver Coffee Co $90,502
-1.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Retail & Wholesale Industry $123,318
+33.7%
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 Parasol Medical's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Parasol Medical

Considering a career at Parasol Medical? 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 retail staff is friendly, and management is responsive. The team is competent, and managers provide clear guidance. Overall, a supportive and forward-thinking employer. The management is okay, and the workload is reasonable. Decent place to work.
Commented in March 16, 2025
28
2
Great teamwork and a positive work environment. Work-life balance is respected, and benefits are strong. The team is cooperative, and tasks are clearly defined. The benefits package is solid, and the work atmosphere is friendly.
Commented in March 05, 2025
40
3
The retail team is energetic, and management listens to feedback. Managers recognize hard work and provide constructive feedback. The benefits are great, and there’s a real effort to keep employees engaged.
Commented in July 12, 2024
13
0

Parasol Medical Overview

Website
www.parasolmed.com
Founded In
2013
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1602 Barclay Blvd Buffalo Grove Illinois IL 60089
Revenue
<$5 Million
Phone Number
+1 8475203000
Social Media
About Parasol Medical
Parasol Medical is a premier developer of specialty medical devices designed to serve the growing and ever changing needs of the healthcare industry. Parasol's direct relationships with clinical end users allows them to develop and quickly implement suggestions and changes to product designs that make the lives of caregivers easier and improve patient outcomes. The company is rapidly expanding its

What Benefits Does Parasol Medical Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parasol Medical 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Parasol Medical.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Parasol Medical, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Parasol Medical salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parasol Medical

1. How much does Parasol Medical in the United States pay?

Parasol Medical pays its employees an average of $92,200 per year. The average salary at Parasol Medical range from $81,088 to $104,258 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 Parasol Medical employees get a higher salary than its peer company?

The salary at Parasol Medical is lesser than its peer company. The average annual salary at Parasol Medical is $92,200, or an hourly wage of $44, in comparison to Echelon Distribution which pays $97,875 per year or $47 per hour.

3. What are the highest paying jobs at Parasol Medical?

The higher-paying job at Parasol Medical, according to our data, include President (avg. $713,709 per year), Product Development Engineer (avg. $92,422 per year), and Manager, Warehouse (avg. $80,919 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Parasol Medical?

Salary progression with years of experience at Parasol Medical 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.

5. Do salaries at Parasol Medical vary by office location?

Yes, it's very likely that salaries at Parasol Medical 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 Chicago section provides more context.

6. Does Parasol Medical offer good benefits?

Parasol Medical 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 Parasol Medical" section on this page.

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