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Innova Memphis Inc Salary

Innova Memphis Inc Salary

How much does the Innova Memphis Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Innova Memphis Inc in the United States is $82,865. This translates to an approximate hourly wage of $40. Salaries at Innova Memphis Inc typically range from $72,685 to $93,905 annually, reflecting the diverse roles and experience levels within the company. Innova Memphis 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 Innova Memphis Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Innova Memphis 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.
How accurate does the salary look to you?

Current Job Openings at Innova Memphis Inc

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

Is Innova Memphis Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innova Memphis Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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90k
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Average Salary ($/year)
Innova Memphis Inc
Financial Services
Tidewater Capital
Shepherd Royalty LLC
Industry Comparison
Our data shows that, on average, compensation at Innova Memphis Inc is below the average for the U.S. Financial Services industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Innova Memphis Inc average annual salary with several similar companies. Innova Memphis Inc average salary of $82,865 is lower than Tidewater Capital, which has an average salary of $111,281. It is lower than Shepherd Royalty LLC, with their average salary at $89,088. This places Innova Memphis Inc in a developing position among its peers.
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How Innova Memphis Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Innova Memphis Inc

Considering a career at Innova Memphis 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.
The work is meaningful. Decision-making is transparent, with regular town halls and Q&A sessions. I’m proud to be part of a company that values integrity and client success in the financial sector. An ideal place for professionals focused on financial services excellence.
Commented in April 21, 2025
42
1
Pet insurance was a welcome surprise. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose. It’s an environment where expertise is recognized, and strategic thinking is highly valued. Employee safety comes first.
Commented in March 05, 2025
37
1
Training programs exist but vary in effectiveness and frequency. This financial institution combines the stability of an established firm with the energy of a growth company. Excellent training and career support. Our team functions with mutual respect and shared goals. I’ve found purpose in the work and fulfillment in the culture. The culture is dynamic but grounded in strong professional values....
Commented in September 26, 2024
43
2

Innova Memphis Inc Overview

Website
www.innovamemphis.com
Founded In
2007
Employees
<25 employees
Industry
Financial Services
Headquarter Address
20 Dudley St Memphis Tennessee TN 38103
Revenue
<$5 Million
Phone Number
+1 9018661430
Social Media
About Innova Memphis Inc
Based in Memphis, Innova Memphis is a venture capital firm that enables and creates high-growth companies and jobs in the healthcare, technology and AgTech fields by providing seed capital and experienced hands-on mentorship and leadership. The team's experience spans from decades of experience in the food and agriculture sector, institutional investing, and C-suite executive roles.

What Benefits Does Innova Memphis Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innova Memphis 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Innova Memphis Inc.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Innova Memphis Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Innova Memphis Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innova Memphis Inc

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

The typical annual salary range for most roles at Innova Memphis Inc is approximately from $72,685 to $93,905. 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 Innova Memphis Inc pay compared to Tidewater Capital?

The average annual salary at Innova Memphis Inc is $82,865, or an hourly wage of $40, in comparison to Tidewater Capital which pays $111,281 per year or $54 per hour.

3. How does experience level affect salary at Innova Memphis Inc?

Experience level is a significant factor in determining salary at Innova Memphis 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.

4. How can I determine if a salary offer from Innova Memphis Inc in Memphis is fair given the local cost of living?

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

5. Why might an individual's actual salary at Innova Memphis Inc differ from the ranges shown here?

An individual's actual salary at Innova Memphis Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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