Spectralytics Co Salary

Spectralytics Co Salary

How much does the Spectralytics Co Pay for employees?

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As of July 2026, the average annual salary for employees at Spectralytics Co in the United States is $94,236. This translates to an approximate hourly wage of $45. Salaries at Spectralytics Co typically range from $82,985 to $106,514 annually, reflecting the diverse roles and experience levels within the company. Spectralytics Co’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 Spectralytics Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Spectralytics Co. 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 Spectralytics Co

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

Is Spectralytics Co’s Pay Competitive? Salary Benchmarking Analysis

How does Spectralytics Co’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
150k
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90k
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Average Salary ($/year)
Spectralytics Co
Biotechnology
Royal Oak Medical Devices LLC
Duke Vascular
Industry Comparison
Our data shows that, on average, compensation at Spectralytics Co is below the average for the U.S. Biotechnology industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Spectralytics Co average annual salary with several similar companies. Spectralytics Co average salary of $94,236 is lower than Royal Oak Medical Devices LLC, which has an average salary of $103,064. It is lower than Duke Vascular, with their average salary at $112,515. This places Spectralytics Co 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.

How Spectralytics Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Spectralytics Co

Considering a career at Spectralytics Co? 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 company’s mission to develop life-saving treatments creates a motivating and fulfilling workplace. Every project, every discussion, is rooted in the ultimate goal of improving lives. Working at this biotech company has been incredibly rewarding. The transparency from management regarding company vision and challenges builds immense trust among employees. The resources and technology available ...
Commented in April 30, 2025
9
3
I sense the job security and stability here, which allows me to focus on doing my best work. I felt like a valued part of the team from day one, fully supported with all the resources and information needed to integrate quickly and contribute effectively. A stable job with meaningful work, though not especially innovative in day-to-day operations. Proud to be here. Career progression is available ...
Commented in August 23, 2024
24
1
The work is generally routine, and job expectations are clearly communicated. Workload varies by team; some groups are stretched thin. Management trusts employees to manage their tasks and time effectively. The company supports continuous learning with access to seminars and conferences. A fantastic launchpad for a biotech career.
Commented in March 23, 2024
49
1

Spectralytics Co Overview

Website
www.spectralytics.com
Founded In
1990
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
125 & 145 3rd St S Dassel Minnesota MN 55325
Revenue
$10 Million - $50 Million
Phone Number
+1 3202752118
Social Media
About Spectralytics Co
SPECTRAlytics provides laser solutions to our customers worldwide, across many industries. Our laser solutions can make the smallest of parts with the most critical of tolerances. We work with plastic, metal, composites and more. We also prototype and build custom laser machine technologies and in some cases do complete technology transfers. No job is too odd or too difficult. Whatever you call it

What Benefits Does Spectralytics Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spectralytics Co 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Spectralytics Co.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Spectralytics Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Spectralytics Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spectralytics Co

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

The typical annual salary range for most roles at Spectralytics Co is approximately from $82,985 to $106,514. 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 Spectralytics Co pay compared to Royal Oak Medical Devices LLC?

The average annual salary at Spectralytics Co is $94,236, or an hourly wage of $45, in comparison to Royal Oak Medical Devices LLC which pays $103,064 per year or $50 per hour.

3. Do salaries differ significantly between departments at Spectralytics Co?

Yes, salaries often differ between departments at Spectralytics Co 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 Spectralytics Co?

Experience level is a significant factor in determining salary at Spectralytics Co, 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 Spectralytics Co in Minneapolis is fair given the local cost of living?

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

6. Are the salaries listed for Spectralytics Co on Salary.com pre-tax or after-tax?

All salary figures displayed for Spectralytics Co, 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.

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