Wolfspeed Inc Salary

Wolfspeed Inc Salary

How much does the Wolfspeed Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Wolfspeed Inc in the United States is $55. This translates to an approximate annual wage of $114,509. Salaries at Wolfspeed Inc typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company. Wolfspeed Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Wolfspeed Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Wolfspeed Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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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 market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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0
Average Salary ($/year)
Wolfspeed Inc
MFG Durable
Hitachi Astemo Americas Inc
Ushio America Inc
Industry Comparison
Our data shows that, on average, compensation at Wolfspeed Inc is below the average for the U.S. MFG Durable industry by approximately 6%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Wolfspeed Inc average annual salary with several similar companies. Wolfspeed Inc average salary of $114,509 is higher than Hitachi Astemo Americas Inc, which has an average salary of $103,877. It is lower than Ushio America Inc, with their average salary at $133,105. This places Wolfspeed Inc in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Companies Similar to Wolfspeed Inc and Their Hourly Pay Rates

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

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.
Commented in April 06, 2025
27
1
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...
Commented in November 20, 2024
39
1
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...
Commented in May 05, 2024
49
2
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.
Commented in February 03, 2024
45
3

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 average salary for employees at Wolfspeed Inc?

The average total compensation for employees at Wolfspeed Inc is approximately $55 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $48 to $62 per hour, depending on factors like job role, experience, 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. What is the lowest salary at Wolfspeed Inc?

The lowest-paying job at Wolfspeed Inc is a Head of Total Rewards with a salary of $119 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Wolfspeed Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Wolfspeed Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Wolfspeed Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Durham?

While some companies offer formal COLA, many, including potentially Wolfspeed Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Wolfspeed Inc?

Most companies, likely including Wolfspeed Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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