TheraTec Inc Salary

As of July 2026, the average annual salary for employees at TheraTec Inc in the United States is $99,721. This translates to an approximate hourly wage of $48. Salaries at TheraTec Inc typically range from $87,851 to $112,611 annually, reflecting the diverse roles and experience levels within the company.

How Much Does TheraTec Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at TheraTec Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $771,926. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at TheraTec Inc

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

Is TheraTec Inc’s Pay Competitive? Salary Benchmarking Analysis

How does TheraTec 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
Trilo Therapeutics Inc $112,769
+13.1%
Adjusted for higher cost-of-living indices in Trilo Therapeutics Inc's primary metro hubs.
Hibiscus BioVentures $104,552
+4.8%
Driven by niche technical certifications required for Hibiscus BioVentures's specialized projects.
Soltec Health $101,187
+1.5%
Suggests Soltec Health utilizes a highly similar base-plus-benefits compensation model.
Visura Technologies LLC $100,301
+0.6%
Indicates identical technical requirements and experience levels between the two firms.
Biotechnology Industry $130,524
+30.9%
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 TheraTec Inc

Considering a career at TheraTec 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.
They communicate the company's vision clearly and make every employee feel like a valued part of its journey towards groundbreaking scientific discoveries and commercial success, ensuring everyone is aligned. The company’s focus on groundbreaking therapies motivates me to deliver my best efforts consistently. This thoughtful approach allows us to remain passionate and productive without sacrificin...
I appreciate the flexibility offered. The leadership team genuinely champions a positive and inclusive work environment. This interdisciplinary approach not only enhances our problem-solving capabilities but also provides diverse learning opportunities, enriching our professional experience and contributing to overall company success. Management genuinely supports work-life balance, understanding ...
Communication often flows top-down, reducing cross-team engagement. It’s a suitable workplace for those prioritizing stability over agility or rapid advancement. The work is meaningful, and the people are passionate, inclusive, and professional. Working on impactful biotech solutions keeps me motivated and excited for the future. From comprehensive training programs to valuable mentorship opportun...

TheraTec Inc Overview

Website
www.theratec.com
Founded In
2008
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
8500 Normandale Lake Blvd Minneapolis Minnesota MN 55437
Revenue
<$5 Million
Phone Number
+1 9522528631
Social Media
About TheraTec Inc
TheraTec is the first company to focus on a proprietary mobile digital therapy with patented technology specific for the orthopedic market. It offers a promising new way to hold patients accountable, improve patient outcomes and lower costs. The TherApp™ Virtual Clinic is TheraTec's mobile therapy platform that increases provider and patient value. This is accomplished by improving outcomes, lower

What Benefits Does TheraTec Inc Offer Beyond Salary?

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

1. How much does a TheraTec Inc employee make?

TheraTec Inc pays its employees an average of $99,721 per year. The average salary at TheraTec Inc range from $87,851 to $112,611 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 TheraTec Inc?

The salary at TheraTec Inc is lesser than the similar company. The average annual salary at TheraTec Inc is $99,721, or an hourly wage of $48, in comparison to Trilo Therapeutics Inc which pays $112,769 per year or $54 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at TheraTec Inc?

In many roles at TheraTec 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.

4. How does the cost of living near Minneapolis affect the perceived value of a TheraTec 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 TheraTec Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does TheraTec Inc typically offer employees?

TheraTec 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 TheraTec Inc" section on this page.