Spectranetics Overview

The Spectranetics Corporation develops, manufactures, markets and distributes single-use medical devices used in minimally invasive procedures within the cardiovascular system. The Company's products are used to cross, prepare and treat arterial blocka...
Founded in 1984, Spectranetics is an established company that loves to hire graduates from University of Washington, with 9.5% of its employees having attended University of Washington. Spectranetics has established itself as a great place to work in Colorado, and it is number 4 on Zippia's list of Best Companies to Work for in Colorado Springs, CO. The average employee at Spectranetics makes $58,244 per year. Pay at Spectranetics is significantly lower than some of its highest paying competitors, like Accuray, Vertex Pharmaceuticals, and Infimed, which pay $101,351, $95,613, and $93,638, respectively.
Based in Colorado, Spectranetics is a medium-sized health care company with 960 employees and a revenue of $284.6M.

The Organization’s Mission

Dedicated to product innovation, continually investigating new ways to meet the demands of the most challenging minimally invasive cardiac lead removal and vascular intervention procedures.

Perks of Working at Spectranetics

As an equal opportunity employer, they are committed to a diverse workforce. You will work in an environment where you will be given various areas of opportunities for personal development.

Industry

Medical Devices

Revenue

$270.8M

Employees

960

Founded in

1984

Headquarters

Colorado Springs, CO

Website

www.philips.com

Organization Type

Public

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The Team At Spectranetics

Key People
  • Joseph M. Ruggio (Board Member)
  • Johan Sverdrup (Founder)
  • Richard Simko (Founder)
  • Robert Golobic (Founder)
The Inside Scoop
Spectranetics provides expert tools, training and support designed to help successfully manage every cardiac lead, modify all plaque and eradicate restenosis and amputation, saving time, money and lives. They innovate, create and apply unique technology solutions that respond to unmet needs in underserved markets.
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Spectranetics Company Rankings

Spectranetics is ranked #58 on the Best Companies to Work For in Colorado list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Spectranetics Salaries

How much does Spectranetics pay?
The national average salary for a Spectranetics employee in the United States is $58,244 per year. Employees in the top 10 percent can make over $108,000 per year, while employees at the bottom 10 percent earn less than $31,000 per year.
8.7
Salary Score
Average Employee Earnings

Spectranetics Salaries By Job Title

While the average employee salary at Spectranetics is $58,244, there is a big variation in pay depending on the role. Some of the job titles with high salaries at Spectranetics are senior director, senior java developer, software engineer, and project manager. A typical senior director salary at Spectranetics is $160,689 per year. Other roles at Spectranetics include assembly line worker and picker and packer. A assembly line worker at Spectranetics earns an average yearly salary of $25,100.
Job Title
Title
ascdesc
Average Salarydesc
Senior Director
Salary Range144k - 178k$161k$160,689
Senior Java Developer
Salary Range104k - 140k$122k$121,567
Software Engineer
Salary Range100k - 139k$118k$117,978
Project Manager
Salary Range74k - 115k$93k$92,767
Manager, Field Marketing
Salary Range78k - 93k$86k$85,735
Salesforce Administrator
Salary Range76k - 92k$85k$84,516
Consultant
Salary Range67k - 92k$79k$78,890
NET Developer
Salary Range70k - 86k$78k$77,827
Account Manager
Salary Range60k - 99k$78k$77,560
Quality Engineer
Salary Range70k - 83k$77k$76,883
$48k
$178k

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Spectranetics Careers

On average, employees at Spectranetics stay with the company for 4.3 years. Employees most commonly join Spectranetics after leaving Hewlett-Packard. When they leave Spectranetics, they most frequently get their next job at Bank of America.

Average Length of Employment

5.1 years
4.3 years

Top Employers Before Spectranetics

8.7 %
7.4 %

Top Employers After Spectranetics

6.9 %

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Spectranetics Employee Demographics

9.1
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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Spectranetics Employees Education

Of the 960 employees at Spectranetics, 9.5% attended University of Washington. Employees at Spectranetics most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Spectranetics Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1984

Organization type

Public

Spectranetics Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
Jan 8, 1999Post Ipo Equity
$7,600,000
Post Ipo Equity
Dec 8, 2015Post Ipo Debt
$110,000,000
Post Ipo Debt

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Spectranetics Competitors

Based on our research, similar companies to Spectranetics are Accuray, Vertex Pharmaceuticals, and Infimed. Employees at Accuray earn more than most of the competition, with an average yearly salary of $101,351. The salaries at Vertex Pharmaceuticals average $95,613 per year, and the salaries at Infimed come in at $93,638 per year.
Companydesc
Average Salarydesc
Accuray
Salary Range84k - 122k$101k$101,351
Vertex Pharmaceuticals
Salary Range77k - 118k$96k$95,613
Infimed
Salary Range71k - 122k$94k$93,638
Agilent Technologies
Salary Range75k - 115k$93k$93,109
Draeger Medical Systems
Salary Range76k - 113k$93k$93,091
Bio-Rad Laboratories
Salary Range76k - 112k$93k$92,902
Genentech
Salary Range75k - 113k$93k$92,543
PerkinElmer
Salary Range73k - 110k$90k$89,748
Pacific Biosciences of California
Salary Range73k - 108k$89k$89,378
Illumina
Salary Range72k - 106k$88k$88,033
$33k
$122k

Frequently Asked Questions about Spectranetics

When was Spectranetics founded?

Spectranetics was founded in 1984.

How many Employees does Spectranetics have?

Spectranetics has 960 employees.

How much money does Spectranetics make?

Spectranetics generates $270.8M in revenue.

What industry is Spectranetics in?

Spectranetics is in the medical devices industry.

What is Spectranetics's mission?

Spectranetics's mission statement is "Dedicated to product innovation, continually investigating new ways to meet the demands of the most challenging minimally invasive cardiac lead removal and vascular intervention procedures."

What type of company is Spectranetics?

Spectranetics is a public company.

Who are Spectranetics's competitors?

Spectranetics competitors include Medtronic, Agilent Technologies, Bio Imaging Research, Genentech, Accuray, ERT, Illumina, NxStage Medical, Bio-Rad Laboratories, Intelligent Medical Devices, FutureNet, Integra lifesciences, Canfield Scientific, Philips Medical Systems, Vertex Pharmaceuticals, Infimed, PerkinElmer, Draeger Medical Systems, Pacific Biosciences of California, Luminex.

Who works at Spectranetics?

Joseph M. Ruggio (Board Member)

Johan Sverdrup (Founder)

Richard Simko (Founder)

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Updated October 27, 2021

Zippia gives an in-depth look into the details of Spectranetics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Spectranetics. The employee data is based on information from people who have self-reported their past or current employments at Spectranetics. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Spectranetics and its employees or that of Zippia.

Spectranetics may also be known as or be related to Spectranetics, Spectranetics Corporation (The), THE SPECTRANETICS CORP and The Spectranetics Corporation.