| 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. |
$112,769 / year
Salary Range: $99,342 - $127,353
Belmont, CA
$104,552 / year
Salary Range: $92,103 - $118,074
Rockville, MD
$101,187 / year
Salary Range: $89,143 - $114,269
Eden Prairie, MN
$100,301 / year
Salary Range: $88,364 - $113,269
Bloomington, MN
$88,540 / year
Salary Range: $78,000 - $99,990
Grand Rapids, MN
$116,893 / year
Salary Range: $102,980 - $132,011
San Francisco, CA
$111,798 / year
Salary Range: $98,490 - $126,256
Hoboken, NJ
$103,571 / year
Salary Range: $91,241 - $116,964
Woodland Hills, CA
$117,336 / year
Salary Range: $103,374 - $132,511
Sunnyvale, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| 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. |
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.
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.
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.
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.
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.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning