Modern Lab Inc Salary

Modern Lab Inc Salary

How much does the Modern Lab Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Modern Lab Inc in the United States is $98,392. This translates to an approximate hourly wage of $47. Salaries at Modern Lab Inc typically range from $86,412 to $111,623 annually, reflecting the diverse roles and experience levels within the company. Modern Lab 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 Modern Lab Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Modern Lab 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 Modern Lab Inc

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

Is Modern Lab Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Modern Lab 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
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Average Salary ($/year)
Modern Lab Inc
Healthcare
reddy s laboratories tennessee llcDr
Shores Diagnostic LLC
Industry Comparison
Our data shows that, on average, compensation at Modern Lab Inc is below the average for the U.S. Healthcare industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Modern Lab Inc average annual salary with several similar companies. Modern Lab Inc average salary of $98,392 is higher than reddy s laboratories tennessee llcDr, which has an average salary of $93,603. It is higher than Shores Diagnostic LLC, with their average salary at $97,147. This places Modern Lab Inc in a competitive 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 Modern Lab Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Modern Lab Inc

Considering a career at Modern Lab 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.
Experience is generally smooth, but follow-up communication could improve. Communication happens, and it is with much enthusiasm or strategy. Being part of strong team that directly saves lives, alleviates suffering, and promotes community health is an unparalleled privilege. Very thorough and efficient care team.
Commented in April 20, 2025
45
0
Strong mentorship and guidance from seniors. I’ve grown as both a person and a professional during my time here. Company offers strong job security. Whether it's a challenging shift or a complex situation, someone is always willing to lend a hand or share their expertise. The benefits are solid, and work-life balance is generally respected. It’s a reliable place to work, but less dynamic than desi...
Commented in January 23, 2025
17
1
Team interactions vary across departments. Every day, I feel empowered to make a difference. What impressed me most was their compassionate approach - every staff member took time to listen and explain. I always feel confident in their knowledge and grateful for their thoughtful approach to health.
Commented in November 04, 2024
35
3
There are no silos here; everyone works together towards common goals. Schedules are predictable but occasionally rigid. Employee health and wellbeing are prioritized, which is especially valuable in such a fast-paced healthcare environment. This resilience and camaraderie are truly special and define our workplace.
Commented in July 25, 2024
14
2
Some employees find the environment too rigid change. Communication varies across departments, and innovation is limited by strict policies. The team is friendly, well-organized, and thorough in their care. Patient-first mindset in every department.
Commented in January 27, 2024
40
0

Modern Lab Inc Overview

Website
www.modernlabs.org
Founded In
1935
Employees
25 - 50 employees
Industry
Healthcare
Headquarter Address
1793 Bloomingdale Rd Glendale Heights Illinois IL 60139
Revenue
$5 Million - $10 Million
Phone Number
+1 6309338101
Social Media
About Modern Lab Inc
MODERN LABORATORY INC. provides medical lab services to area clinics, physician offices and home healthcare service providers. Our team of healthcare professionals, under the directorship of an MD practicinmg pathologist, Dr. Dilip Dharkar gives our organization a balanced complement of qualifications, expertise and testing capabilities. MODERN LABORATORY INC. is accredited by COLA and licensed un

What Benefits Does Modern Lab Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Modern Lab 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)
Work at Modern Lab Inc?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Modern Lab Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Modern Lab Inc, 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 Modern Lab Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Modern Lab Inc

1. What is the average salary for employees at Modern Lab Inc?

The average annual total compensation for employees at Modern Lab Inc is approximately $98,392. However, this is an aggregate figure, actual salaries can range significantly, typically from $86,412 to $111,623, depending on factors like job role, experience, and location.

2. How much does Modern Lab Inc pay compared to reddy s laboratories tennessee llcDr?

The average annual salary at Modern Lab Inc is $98,392, or an hourly wage of $47, in comparison to reddy s laboratories tennessee llcDr which pays $93,603 per year or $45 per hour.

3. What is the lowest salary at Modern Lab Inc?

The lowest-paying job at Modern Lab Inc is a Marketing Staff with a salary of $28,228 per year. 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 Modern Lab 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 Modern Lab Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

While some companies offer formal COLA, many, including potentially Modern Lab 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 Modern Lab Inc?

Most companies, likely including Modern Lab 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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