Wolfspeed Inc Salary

As of April 2026, the average annual salary for employees at Wolfspeed Inc in the United States is $114,509. This translates to an approximate hourly wage of $55. Salaries at Wolfspeed Inc typically range from $100,597 to $129,682 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Wolfspeed Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Wolfspeed Inc. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $886,401. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Wolfspeed Inc

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

Is Wolfspeed Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Wolfspeed 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
Hitachi Astemo Americas Inc $103,877
-9.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Ushio America Inc $133,105
+16.2%
Reflects a supply-demand imbalance for the specific talent Ushio America Inc targets.
Schaltbau GmbH $118,802
+3.7%
Driven by niche technical certifications required for Schaltbau GmbH's specialized projects.
84 Lumber Co $116,703
+1.9%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+6.3%
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 Wolfspeed Inc

Considering a career at Wolfspeed 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.
Benefits are strong, including healthcare, paid holidays, and retirement plans. The facilities are modern, and everything is organized for efficiency. Work schedules are predictable, with flexibility when needed. Management is fair and consistent in their decisions. Cross-training improves job variety.
Safety standards are followed, and deadlines are realistic. Benefits are competitive, and flexible shifts allow for a healthy work-life balance. I feel like my efforts make a difference, and that’s motivating. The benefits package includes health insurance, retirement plans, and wellness initiatives. Communication between departments can be inconsistent, occasionally impacting productivity. The en...
Shift schedules are inconsistent, affecting work-life balance. Beyond safety, the opportunities to contribute to process improvements and product innovation are always available, making the work both safe and stimulating. This job delivers stability and clarity in expectations. What I appreciate most is how the company reinvests in both technology and people - it's clear they view employees as the...
Shift schedules fluctuate, affecting personal time. Safety protocols are strictly enforced, ensuring a secure workplace. The work gets done efficiently, but there’s little emotional investment from the team.

Wolfspeed Inc Overview

Website
www.wolfspeed.com
Founded In
1987
Employees
3,000 - 7,500 employees
Industry
MFG Durable
Headquarter Address
4600 Silicon Dr Durham North Carolina NC 27703
Revenue
$5B - $10B
Phone Number
+1 9193135300
Social Media
About Wolfspeed Inc
Wolfspeed, Inc. is a developer of wide bandgap semiconductors, focused on silicon carbide and gallium nitride materials and devices for power and radio frequency applications such as transportation, power supplies, power inverters, and wireless systems. Founded in 1987 & formerly named Cree, the company is headquartered in Durham, North Carolina.

What Benefits Does Wolfspeed Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Wolfspeed 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 Durham?

Understanding the cost of living near Durham is key to truly evaluating a salary offer or your current compensation at Wolfspeed Inc.
Durham's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 5.7% more than NC average). Research Triangle Park (Duke Univ.), revitalized downtown, housing above US avg. GoDurham/GoTriangle. When planning your budget based on a salary from Wolfspeed Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,350 - $2,000+ A significant portion of Wolfspeed Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GoDurham monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,730 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Wolfspeed Inc

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

The typical annual salary range for most roles at Wolfspeed Inc is approximately from $100,597 to $129,682. 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 Wolfspeed Inc pay compared to Hitachi Astemo Americas Inc?

The average annual salary at Wolfspeed Inc is $114,509, or an hourly wage of $55, in comparison to Hitachi Astemo Americas Inc which pays $103,877 per year or $50 per hour.

3. Do salaries differ significantly between departments at Wolfspeed Inc?

Yes, salaries often differ between departments at Wolfspeed Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Wolfspeed Inc?

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

5. How can I determine if a salary offer from Wolfspeed Inc in Durham is fair given the local cost of living?

To determine if a salary offer from Wolfspeed Inc in Durham is fair, first compare the gross salary to our data for similar roles at Wolfspeed Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Durham" to understand its purchasing power.

6. What factors influence salary increases at Wolfspeed Inc?

Salary increases at Wolfspeed Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.