Innovosource LLC Salary

How much does the Innovosource LLC Pay for employees?

As of July 2026, the average annual salary for employees at Innovosource LLC in the United States is $100,512. This translates to an approximate hourly wage of $48. Salaries at Innovosource LLC typically range from $88,547 to $113,513 annually, reflecting the diverse roles and experience levels within the company. Innovosource LLC’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 Innovosource LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Innovosource LLC. 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 Innovosource LLC

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

Is Innovosource LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Innovosource LLC’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
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Average Salary ($/year)
Innovosource LLC
Biotechnology
Abcentra
Travera LLC
Industry Comparison
Our data shows that, on average, compensation at Innovosource LLC is below the average for the U.S. Biotechnology industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Innovosource LLC average annual salary with several similar companies. Innovosource LLC average salary of $100,512 is lower than Abcentra, which has an average salary of $105,301. It is lower than Travera LLC, with their average salary at $106,809. This places Innovosource LLC in a developing 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.

Employee Reviews: Working at Innovosource LLC

Considering a career at Innovosource LLC? 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 pace is demanding, but there’s strong mentorship and team alignment to keep things rewarding. Benefits are competitive, and career growth opportunities are abundant. The company offers internal mobility and frequently promotes from within. What sets apart is their unwavering commitment to innovation and patient focus. The team of scientists is both brilliant and collaborative, providing innova...
This company has been an excellent place to grow professionally. The scientific work is interesting, but administrative processes delay things down. The environment is steady, though it might feel impersonal or overly bureaucratic for some employees. Project assignments are clear but often repetitive. Work-life balance is respected, and managers are genuinely supportive of individual needs.
This clarity of purpose keeps us motivated and aligned as we work towards developing life-changing therapies. Great place to grow. Collaboration is a cornerstone here; teams work seamlessly across departments to achieve ambitious goals. The collaborative atmosphere, combined with meaningful work in drug development, makes it a standout employer. Research teams are aligned with the company’s broade...

Innovosource LLC Overview

Website
www.innovosource.com
Founded In
2010
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
15224 Mckenzie Blvd Minnetonka Minnesota MN 55345
Revenue
<$5 Million
Phone Number
+1 6122802462
Social Media
About Innovosource LLC
innovosource is an awareness and disruptive strategy firm that works with research universities and their key innovation partners (high-tech companies, early stage investors, and government agencies) to develop new opportunities for interaction. We connect these innovation partners to research universities in three primary areas: -Tech Transfer and Commercialization -Translational Research, Proof

What Benefits Does Innovosource LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovosource LLC 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 Minnetonka?

Understanding the cost of living near Minnetonka is key to truly evaluating a salary offer or your current compensation at Innovosource LLC.
Minnetonka's Cost of Living Index is approximately 118.2 (18.2% more expensive than US average; 21.7% more than MN average). Affluent Mpls suburb, Lake Minnetonka, very high housing costs. Metro Transit. When planning your budget based on a salary from Innovosource LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Innovosource LLC salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation Metro Transit (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,210 - $5,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovosource LLC

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

The typical annual salary range for most roles at Innovosource LLC is approximately from $88,547 to $113,513. 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 Innovosource LLC pay compared to Abcentra?

The average annual salary at Innovosource LLC is $100,512, or an hourly wage of $48, in comparison to Abcentra which pays $105,301 per year or $51 per hour.

3. How does experience level affect salary at Innovosource LLC?

Experience level is a significant factor in determining salary at Innovosource LLC, 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 Innovosource LLC in Minnetonka is fair given the local cost of living?

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

5. Are the salaries listed for Innovosource LLC on Salary.com pre-tax or after-tax?

All salary figures displayed for Innovosource LLC, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.