Research Laboratories Inc Salary

How much does the Research Laboratories Inc Pay for employees?

As of July 2026, the average annual salary for employees at Research Laboratories Inc in the United States is $102,495. This translates to an approximate hourly wage of $49. Salaries at Research Laboratories Inc typically range from $90,279 to $115,781 annually, reflecting the diverse roles and experience levels within the company. Research Laboratories 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.
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Current Job Openings at Research Laboratories Inc

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Is Research Laboratories Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Research Laboratories 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)
Research Laboratories Inc
Biotechnology
Medtronic Physiological Research Laboratories
Health Technology Innovations Inc
Industry Comparison
Our data shows that, on average, compensation at Research Laboratories Inc is below the average for the U.S. Biotechnology industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Research Laboratories Inc average annual salary with several similar companies. Research Laboratories Inc average salary of $102,495 is lower than Medtronic Physiological Research Laboratories, which has an average salary of $103,075. It is higher than Health Technology Innovations Inc, with their average salary at $97,063. This places Research Laboratories Inc in a mid-range position among its peers.
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Employee Reviews: Working at Research Laboratories Inc

Considering a career at Research Laboratories 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 pace is demanding, but there’s strong mentorship and team alignment to keep things rewarding. Compensation is solid and performance is rewarded. The company fosters a culture of learning and innovation, and employees are encouraged to think creatively. Cross-functional teamwork makes solving challenges enjoyable. Management listens, and there's a genuine sense of teamwork that makes coming to ...
Training programs exist but are role-dependent. The company's commitment to ethical research and patient-centric solutions resonates deeply with everyone on the team, driving our daily passion for discovery. This supportive environment makes it easy to integrate into the team and contribute meaningfully, fostering a strong sense of belonging for all employees. Leadership is visible but formal. Peo...
Support systems for employee growth, including training and conferences, are readily available. They invest in tools and training that support your career. Overall, the organization offers a healthy blend of structure and flexibility, making it a great place to advance your career.

Research Laboratories Inc Overview

Website
Data pending, update soon.
Founded In
2009
Employees
25 - 50 employees
Industry
Biotechnology
Headquarter Address
18412 Springcrest Dr Minnetonka Minnesota MN 55345
Revenue
<$5 Million
Phone Number
+1 7635370365
Social Media
About Research Laboratories Inc
Research Laboratories Inc is a company that operates in the Research industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Minnetonka, Minnesota.

What Benefits Does Research Laboratories Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Research Laboratories 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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How Much Should You Be Earning?

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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 Research Laboratories Inc.
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 Research Laboratories 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 Research Laboratories Inc 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 Research Laboratories Inc

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

The typical annual salary range for most roles at Research Laboratories Inc is approximately from $90,279 to $115,781. 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 Research Laboratories Inc pay compared to Medtronic Physiological Research Laboratories?

The average annual salary at Research Laboratories Inc is $102,495, or an hourly wage of $49, in comparison to Medtronic Physiological Research Laboratories which pays $103,075 per year or $50 per hour.

3. How does experience level affect salary at Research Laboratories Inc?

Experience level is a significant factor in determining salary at Research Laboratories 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 Research Laboratories Inc in Minnetonka is fair given the local cost of living?

To determine if a salary offer from Research Laboratories Inc in Minnetonka is fair, first compare the gross salary to our data for similar roles at Research Laboratories Inc 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. Why might an individual's actual salary at Research Laboratories Inc differ from the ranges shown here?

An individual's actual salary at Research Laboratories 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.