VeraTech Corp Salary

How much does the VeraTech Corp Pay for employees?

As of July 2026, the average annual salary for employees at VeraTech Corp in the United States is $95,164. This translates to an approximate hourly wage of $46. Salaries at VeraTech Corp typically range from $83,810 to $107,380 annually, reflecting the diverse roles and experience levels within the company. VeraTech 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 VeraTech Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at VeraTech 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 VeraTech Corp

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

Is VeraTech Corp’s Pay Competitive? Salary Benchmarking Analysis

How does VeraTech 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)
VeraTech Corp
MFG Durable
Energy Control Service Inc
CPM Conveyor
Industry Comparison
Our data shows that, on average, compensation at VeraTech Corp is below the average for the U.S. MFG Durable industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared VeraTech Corp average annual salary with several similar companies. VeraTech Corp average salary of $95,164 is lower than Energy Control Service Inc, which has an average salary of $99,531. It is higher than CPM Conveyor, with their average salary at $87,696. This places VeraTech 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.

Employee Reviews: Working at VeraTech Corp

Considering a career at VeraTech 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.
Processes are clearly laid out, and there’s rarely any confusion about responsibilities. Job stability is a real plus. Training programs exist but and it can be sufficiently tailored. The culture emphasizes safety, accountability, and continuous improvement, and managers are visible and approachable.
Regular training, readily available PPE, and a culture where you’re encouraged to speak up about concerns make me feel safe and respected on the job every single day. Management truly listens to employee concerns. These initiatives, like health screenings or fitness challenges, are a great perk and contribute to a healthier, happier workforce, which I really appreciate.
There’s a strong sense of teamwork, and management actively encourages open communication, which makes for a much better working day and a positive overall experience. Good place to gain experience, though not particularly innovative or fast-moving in terms of process improvements. Comprehensive training programs and modern technology ensure efficient operations. Safety and quality are truly every...

VeraTech Corp Overview

Website
www.veratechcorp.com
Founded In
1998
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
10601 Red Circle Dr Minnetonka Minnesota MN 55343
Revenue
$5 Million - $10 Million
Phone Number
+1 9529410083
Social Media
About VeraTech Corp
VeraTech Aero has over 15,000 square feet of manufacturing dedicated to high tech electronic circuit assembly, plastic injection molding, and close tolerance machining. We support our production lines with custom built in-circuit test equipment, manufacturing machinery and fixtures. Our vertically integrated approach to project management insures an integral quality control from product concept, t

What Benefits Does VeraTech Corp Offer Beyond Salary?

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

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at VeraTech Corp.
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 VeraTech Corp, 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 VeraTech Corp 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 VeraTech Corp

1. How much does VeraTech Corp in the United States pay?

VeraTech Corp pays its employees an average of $95,164 per year. The average salary at VeraTech Corp range from $83,810 to $107,380 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. Do VeraTech Corp employees get a higher salary than its peer company?

The salary at VeraTech Corp is lesser than its peer company. The average annual salary at VeraTech Corp is $95,164, or an hourly wage of $46, in comparison to Energy Control Service Inc which pays $99,531 per year or $48 per hour.

3. What are the highest paying jobs at VeraTech Corp?

The higher-paying job at VeraTech Corp, according to our data, include Chief Executive Officer (avg. $736,653 per year), President (avg. $736,653 per year), and General Manager (avg. $128,972 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at VeraTech Corp?

Salary progression with years of experience at VeraTech Corp is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at VeraTech Corp vary by office location?

Yes, it's very likely that salaries at VeraTech Corp vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Minneapolis section provides more context.

6. Does VeraTech Corp offer good benefits?

VeraTech Corp typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at VeraTech Corp" section on this page.