$350,341 / year
Salary Range: $290,022 - $420,735
Operations
$248,770 / year
Salary Range: $220,922 - $275,930
Research and Development
$218,064 / year
Salary Range: $192,894 - $244,682
Sales
$217,334 / year
Salary Range: $192,892 - $241,214
Product Development
$215,670 / year
Salary Range: $184,587 - $249,510
Finance
$204,552 / year
Salary Range: $184,774 - $226,349
Marketing
$190,613 / year
Salary Range: $168,154 - $214,270
Regulatory Affairs
$166,309 / year
Salary Range: $158,672 - $173,418
Pharmacy
$163,433 / year
Salary Range: $148,615 - $177,564
Engineering Management
$158,713 / year
Salary Range: $139,129 - $178,569
Healthcare
$146,480 / year
Salary Range: $132,860 - $161,617
Financial Planning and Analysis
$146,450 / year
Salary Range: $131,436 - $158,322
Compensation and Benefits
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Bard Peripheral Vascular Inc | $115,374 |
-3.0%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Sizewise Rentals LLC | $114,994 |
-3.3%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| K2M Group Holdings Inc | $128,812 |
+8.3%
|
Adjusted for higher cost-of-living indices in K2M Group Holdings Inc's primary metro hubs. |
| Surgical Specialties Corp | $130,015 |
+9.3%
|
Driven by niche technical certifications required for Surgical Specialties Corp's specialized projects. |
| Biotechnology Industry | $130,524 |
+9.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$115,374 / year
Salary Range: $101,495 - $130,572
Tempe, AZ
$114,994 / year
Salary Range: $101,156 - $130,146
Lenexa, KS
$128,812 / year
Salary Range: $113,307 - $145,778
Leesburg, VA
$130,015 / year
Salary Range: $114,379 - $147,144
Westwood, MA
$130,352 / year
Salary Range: $114,663 - $147,522
Peabody, MA
$113,053 / year
Salary Range: $99,452 - $127,951
Beaumont, TX
$126,755 / year
Salary Range: $111,502 - $143,461
Warminster, PA
$116,882 / year
Salary Range: $102,824 - $132,279
Colorado Springs, CO
$121,787 / year
Salary Range: $107,131 - $137,828
Chicago, IL
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) | $1,700 - $2,600+ | A significant portion of Thoratec Corp 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. |
Thoratec Corp pays its employees an average of $118,939 per year. The average salary at Thoratec Corp range from $104,629 to $134,608 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 Thoratec Corp is higher than the similar company. The average annual salary at Thoratec Corp is $118,939, or an hourly wage of $57, in comparison to Bard Peripheral Vascular Inc which pays $115,374 per year or $55 per hour.
An Operations Executive at Thoratec Corp typically earns an average annual base salary of around $350,341, with a general range of $290,022 to $420,735.
In many roles at Thoratec Corp, 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.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Thoratec Corp based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
Thoratec Corp 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 Thoratec Corp" section on this page.
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