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Innovate Memphis Salary

Innovate Memphis Salary

How much does the Innovate Memphis Pay for employees?

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As of August 2026, the average annual salary for employees at Innovate Memphis in the United States is $79,047. This translates to an approximate hourly wage of $38. Salaries at Innovate Memphis typically range from $69,121 to $90,442 annually, reflecting the diverse roles and experience levels within the company. Innovate Memphis’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 Innovate Memphis Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovate Memphis. 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 Innovate Memphis

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

Is Innovate Memphis’s Pay Competitive? Salary Benchmarking Analysis

How does Innovate Memphis’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
120k
100k
80k
60k
40k
20k
0
Average Salary ($/year)
Innovate Memphis
Edu., Gov't. & Nonprofit
Hidden Voices
Coalition Holdings LLC
Industry Comparison
Our data shows that, on average, compensation at Innovate Memphis is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Innovate Memphis average annual salary with several similar companies. Innovate Memphis average salary of $79,047 is lower than Hidden Voices, which has an average salary of $80,808. It is lower than Coalition Holdings LLC, with their average salary at $85,333. This places Innovate Memphis in a developing position among its peers.
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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.

How Innovate Memphis's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Innovate Memphis

Considering a career at Innovate Memphis? 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.
Leadership listens actively and communicates openly, which builds trust across all levels. Guided us through complex regulations effortlessly. I feel valued and secure in my position, which makes a big difference. Opportunities for learning and development are numerous, and managers support career progression. Provided actionable data for decision-making.
Commented in May 25, 2025
33
3
It’s a reasonable place to work if you value consistency and routine, though it may not be ideal for someone seeking a dynamic or fast-paced environment. Leadership is transparent and values open communication, creating trust and collaboration across all levels. Efforts are made to ensure everyone feels included and that their unique background is respected. Policies are followed closely, which pr...
Commented in April 18, 2025
23
3
Career growth can take time, and there’s a preference for internal hiring. The leadership team is supportive, transparent, and genuinely values employee input. Employee voice is valued in policy decisions. employees, operations run smoothly while still valuing individual contributions.
Commented in March 17, 2024
25
0

Innovate Memphis Overview

Website
www.innovatememphis.com
Founded In
2011
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
516 Tennessee St Memphis Tennessee TN 38103
Revenue
<$5 Million
Phone Number
+1 9013127700
Social Media
About Innovate Memphis
We also build capacity to empower others to ignite change to move Memphis forward. We are leading and seeding change. We lead change through the initiation, development, and implementation of innovative programs. We seed and catalyze change by supporting partners to engage in change. Through our collaborative support, a partner and initiative are made successful through the support of our engageme

What Benefits Does Innovate Memphis Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovate Memphis 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 Innovate Memphis.
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 Innovate Memphis, 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 Innovate Memphis 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 Innovate Memphis

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

The typical annual salary range for most roles at Innovate Memphis is approximately from $69,121 to $90,442. 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 Innovate Memphis pay compared to Hidden Voices?

The average annual salary at Innovate Memphis is $79,047, or an hourly wage of $38, in comparison to Hidden Voices which pays $80,808 per year or $39 per hour.

3. Do salaries differ significantly between departments at Innovate Memphis?

Yes, salaries often differ between departments at Innovate Memphis 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 Innovate Memphis?

Experience level is a significant factor in determining salary at Innovate Memphis, 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 Innovate Memphis in Memphis is fair given the local cost of living?

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

6. What factors influence salary increases at Innovate Memphis?

Salary increases at Innovate Memphis 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.

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