SpineThera Inc Salary

SpineThera Inc Salary

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As of April 2026, the average annual salary for employees at SpineThera Inc in the United States is $101,514. This translates to an approximate hourly wage of $49. Salaries at SpineThera Inc typically range from $89,418 to $114,647 annually, reflecting the diverse roles and experience levels within the company.

How Much Does SpineThera Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at SpineThera Inc. Based on our data, the highest paying job is the Principal Development Engineer, with an annual salary of $145,291. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at SpineThera Inc

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

Is SpineThera Inc’s Pay Competitive? Salary Benchmarking Analysis

How does SpineThera 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
TekTeam $121,935
+20.1%
Influenced by prevailing union wage agreements specific to TekTeam's sector.
Mythic Therapeutics $110,416
+8.8%
Adjusted for higher cost-of-living indices in Mythic Therapeutics's primary metro hubs.
aktaPD Enterprises $94,774
-6.6%
aktaPD Enterprises operates with a leaner overhead structure, impacting base wage offers.
Pareto $98,023
-3.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Pharmaceuticals Industry $133,789
+31.8%
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 SpineThera Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at SpineThera Inc

Considering a career at SpineThera 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 colleagues are knowledgeable and always willing to help. Management is transparent, and recognition is frequent. Compensation is competitive, and benefits like health insurance are robust. The leadership encourages creative problem-solving, making each project engaging.
Commented in May 06, 2025
23
0
Management is supportive, and career progression opportunities are clear. The pharmaceutical products developed here make a real difference in healthcare. Projects are challenging but rewarding, with ample support from colleagues. Great place to grow. Training is adequate, though more advanced courses would be beneficial. The office environment is functional, It is modern.
Commented in July 14, 2024
13
1
This pharmaceutical company stands out for its employee-centric policies. The workplace culture is positive, with diversity and inclusion initiatives ensuring everyone feels valued. The office atmosphere is friendly, making it a pleasant place to work every day.
Commented in March 31, 2024
40
2

SpineThera Inc Overview

Website
www.spinethera.com
Founded In
2012
Employees
<25 employees
Industry
Pharmaceuticals
Headquarter Address
15600 Medina Rd Plymouth Minnesota MN 55447
Revenue
<$5 Million
Phone Number
+1 6124441154
Social Media
About SpineThera Inc
SpineThera is a clinical stage pharmaceutical company working to improve the lives of patients by creating injectable drugs utilizing its proprietary and differentiated sustained-release micro-suspension platform technology. Our goal is to develop proprietary drugs that offer patients and physicians new treatment options that reduce risk, improve outcomes, and manage overall treatment costs in mar

What Benefits Does SpineThera Inc Offer Beyond Salary?

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

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

The typical annual salary range for most roles at SpineThera Inc is approximately from $89,418 to $114,647. 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 SpineThera Inc pay compared to TekTeam?

The average annual salary at SpineThera Inc is $101,514, or an hourly wage of $49, in comparison to TekTeam which pays $121,935 per year or $59 per hour.

3. How does experience level affect salary at SpineThera Inc?

Experience level is a significant factor in determining salary at SpineThera 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.

4. How can I determine if a salary offer from SpineThera Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from SpineThera Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at SpineThera 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.

5. Are the salaries listed for SpineThera Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for SpineThera Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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