Synovis Interventional Solutions Inc Salary

How much does the Synovis Interventional Solutions Inc Pay for employees?

As of July 2026, the average annual salary for employees at Synovis Interventional Solutions Inc in the United States is $101,092. This translates to an approximate hourly wage of $49. Salaries at Synovis Interventional Solutions Inc typically range from $89,060 to $114,159 annually, reflecting the diverse roles and experience levels within the company. Synovis Interventional Solutions 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 Synovis Interventional Solutions Inc

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Is Synovis Interventional Solutions Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Synovis Interventional Solutions 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)
Synovis Interventional Solutions Inc
Biotechnology
Amparo Medical Technologies Inc
Sharps Technology Inc
Industry Comparison
Our data shows that, on average, compensation at Synovis Interventional Solutions Inc 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 Synovis Interventional Solutions Inc average annual salary with several similar companies. Synovis Interventional Solutions Inc average salary of $101,092 is lower than Amparo Medical Technologies Inc, which has an average salary of $105,163. It is lower than Sharps Technology Inc, with their average salary at $106,450. This places Synovis Interventional Solutions Inc in a developing position among its peers.
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Employee Reviews: Working at Synovis Interventional Solutions Inc

Considering a career at Synovis Interventional Solutions 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 culture strikes a balance between scientific rigor and entrepreneurial spirit. Training is available but generic. Interactions across teams are functional but rarely strategic. Overall, it’s a great place for scientists and professionals to grow. Not a bad place, just not highly dynamic.
The company invests in cutting-edge technology and employee development. Leadership encourages continuous learning and development. This company is solid overall, with good benefits and a relatively stable environment. Ample support for scientific creativity and risk-taking.
They really care about us. The company values precision and structure, which suits those with a methodical approach. Leadership emphasizes transparency and sets clear expectations, making it easier to succeed. The company maintains a safe, compliant workplace with clear regulations.

Synovis Interventional Solutions Inc Overview

Website
www.synovismed.com
Founded In
1998
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
475 Apollo Dr Lino Lakes Minnesota MN 55014
Revenue
<$5 Million
Phone Number
+1 7637859229
Social Media
About Synovis Interventional Solutions Inc
We have the capabilities to design, develop and manufacture medical components and devices for the interventional and surgical treatment of disease. Services and manufacturing capabilities provided include:Contract Manufacturing New Product Development Prototyping Wire Coiling Wire Forming & Grinding Laser Processing and Welding Precision Machining Molding Joining & AssemblyThis wide breadth of ca

What Benefits Does Synovis Interventional Solutions Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Synovis Interventional Solutions 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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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 Synovis Interventional Solutions Inc.
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 Synovis Interventional Solutions Inc, 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 Synovis Interventional Solutions Inc 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 Synovis Interventional Solutions Inc

1. How much does a Synovis Interventional Solutions Inc employee make?

Synovis Interventional Solutions Inc pays its employees an average of $101,092 per year. The average salary at Synovis Interventional Solutions Inc range from $89,060 to $114,159 per year. 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. Which similar company tend to pay more or less than Synovis Interventional Solutions Inc?

The salary at Synovis Interventional Solutions Inc is lesser than the similar company. The average annual salary at Synovis Interventional Solutions Inc is $101,092, or an hourly wage of $49, in comparison to Amparo Medical Technologies Inc which pays $105,163 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Synovis Interventional Solutions Inc?

In many roles at Synovis Interventional Solutions Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a Synovis Interventional Solutions Inc salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Synovis Interventional Solutions Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Synovis Interventional Solutions Inc typically offer employees?

Synovis Interventional Solutions Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Synovis Interventional Solutions Inc" section on this page.