The Spectranetics Corp Salary

The Spectranetics Corp Salary

How much does the The Spectranetics Corp Pay for employees?

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As of July 2026, the average annual salary for employees at The Spectranetics Corp in the United States is $116,882. This translates to an approximate hourly wage of $56. Salaries at The Spectranetics Corp typically range from $102,824 to $132,279 annually, reflecting the diverse roles and experience levels within the company. The Spectranetics Corp’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 The Spectranetics Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at The Spectranetics Corp. 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 The Spectranetics Corp

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

Is The Spectranetics Corp’s Pay Competitive? Salary Benchmarking Analysis

How does The Spectranetics Corp’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)
The Spectranetics Corp
Biotechnology
Thoratec Corp
Bard Peripheral Vascular Inc
Industry Comparison
Our data shows that, on average, compensation at The Spectranetics Corp is below the average for the U.S. Biotechnology industry by approximately 10%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared The Spectranetics Corp average annual salary with several similar companies. The Spectranetics Corp average salary of $116,882 is lower than Thoratec Corp, which has an average salary of $118,939. It is higher than Bard Peripheral Vascular Inc, with their average salary at $115,374. This places The Spectranetics Corp in a mid-range 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 The Spectranetics Corp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at The Spectranetics Corp

Considering a career at The Spectranetics Corp? 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.
Management is forward-thinking, consistently investing in the infrastructure needed to support our innovative research programs. The company provides excellent resources and tools, enabling us to perform our research and development tasks efficiently and effectively. I feel empowered to do my best work here every day. The work environment is modern, safe, and exceptionally well-equipped, providing...
Commented in February 17, 2025
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Hybrid work model is team-dependent and inconsistent. In an industry often under scrutiny, they maintain the highest standards of research and development. Excellent benefits and leadership support make this a highly rewarding place to work. The environment is challenging but supportive, fostering growth both technically and personally. They actively promote different perspectives, which enriches ...
Commented in July 04, 2024
39
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Most departments operate independently, and while the work is meaningful, collaboration across teams could be better. It’s rewarding to contribute to projects that make a real difference in people’s lives globally. It’s a company that values contribution and impact equally. The environment is inclusive, and cross-departmental collaboration is common. The company supports employees through well-str...
Commented in June 25, 2024
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This company promotes a culture of curiosity and continuous improvement. We’re well-compensated and receive strong benefits. Employees may experience career progression without proactive effort.
Commented in February 11, 2024
10
3

The Spectranetics Corp Overview

Website
www.spectranetics.com
Founded In
1984
Employees
500 - 1,000 employees
Industry
Biotechnology
Headquarter Address
9965 Federal Dr Colorado Springs Colorado CO 80921
Revenue
$200 Million - $500 Million
Phone Number
+1 7196338333
Social Media
About The Spectranetics Corp
Spectranetics is now a part of Philips, a leading health technology company focused on improving peoples health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Follow us atwww.linkedin.com/company/philips.

What Benefits Does The Spectranetics Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Spectranetics Corp 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 Colorado Springs?

Understanding the cost of living near Colorado Springs is key to truly evaluating a salary offer or your current compensation at The Spectranetics Corp.
Colorado Springs' Cost of Living Index is approximately 100.9 (0.9% more expensive than US average; 4.2% less than CO average). Military presence (Air Force Academy, Fort Carson), housing near US avg, scenic. When planning your budget based on a salary from The Spectranetics Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of The Spectranetics Corp salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MMT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,020+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Spectranetics Corp

1. How much does a The Spectranetics Corp employee make?

The Spectranetics Corp pays its employees an average of $116,882 per year. The average salary at The Spectranetics Corp range from $102,824 to $132,279 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 The Spectranetics Corp?

The salary at The Spectranetics Corp is lesser than the similar company. The average annual salary at The Spectranetics Corp is $116,882, or an hourly wage of $56, in comparison to Thoratec Corp which pays $118,939 per year or $57 per hour.

3. How much does a Principal Quality Engineer typically earn at The Spectranetics Corp?

A Principal Quality Engineer at The Spectranetics Corp typically earns an average annual base salary of around $166,210, with a general range of $154,863 to $176,289.

4. Do employees with advanced degrees (Master's, PhD) earn more at The Spectranetics Corp?

In many roles at The Spectranetics Corp, 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.

5. How does the cost of living near Colorado Springs affect the perceived value of a The Spectranetics Corp salary?

Colorado Springs' Cost of Living Index is approximately 100.9 (0.9% more expensive than US average; 4.2% less than CO average). This significantly impacts the purchasing power of a salary from The Spectranetics Corp based there. Our "Cost of Living Insights for Colorado Springs" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does The Spectranetics Corp typically offer employees?

The Spectranetics Corp 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 The Spectranetics Corp" section on this page.

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