Pace Labs

HQ
Minneapolis
2,890 Total Employees
Year Founded: 1978

Pace Labs Compensation & Benefits

Updated on April 01, 2026

This page summarizes recurring themes identified from responses generated by popular LLMs to common candidate questions about Pace Labs and has not been reviewed or approved by Pace Labs.

How are the compensation & benefits at Pace Labs?

Strengths in retirement support, leave breadth, and wellbeing programs are accompanied by challenges in base pay levels, pay progression, and the perceived value of medical coverage. Together, these dynamics suggest a comprehensive but uneven total rewards profile, with stronger plan breadth offset by compensation and healthcare concerns for many lab roles.

Key Insight for Candidates

Stepping‑stone tradeoff: Pace offers flexible schedules and broad lab exposure, but base pay trends below market with modest raises and a high‑deductible health plan. This means many employees use Pace to gain experience before moving on, so expect limited compensation growth unless you rely on overtime.

Evidence in Action

  • Predominantly Hourly Pay An hourly pay structure covers about 96% of roles, with typical lab rates in the upper teens to high-$20s per hour. This constrains base earnings without overtime and fuels perceptions of below-market pay for hazardous or complex lab work.
  • Immediate-Vesting 401(k) Match A 401(k) match tied to the first 6% of pay vests 100% immediately for full-time employees. This supports early savings and retention but is commonly viewed as average and insufficient to offset lower base pay in many lab roles.

Positive Themes About Pace Labs

  • Retirement Support: Employer 401(k) match vests immediately, enhancing long‑term savings potential. Plan descriptions emphasize immediate vesting as a differentiator within the benefits package.
  • Leave & Time Off Breadth: Paid time off includes holidays, sick time, and vacation, with some postings also noting floating or parental leave. This breadth covers common leave needs across full‑time roles.
  • Wellbeing & Lifestyle Benefits: Benefits include HSAs/FSAs, a wellness program, an EAP, and optional legal/ID‑theft coverage. The menu supports health management and everyday life protection beyond core medical.

Considerations About Pace Labs

  • Unfair & Opaque Compensation: Pay is considered below market for many lab roles, including hazardous or complex work, and lab pay bands often benchmark lower than companywide averages. Many roles are hourly, which can limit earnings without overtime and reinforces low base pay concerns.
  • Stagnant Pay & Limited Progression: Increases from starting pay are frequently modest, with small annual raises and reliance on overtime to boost income. This pattern encourages using the role as an early‑career stepping stone rather than a long‑term path.
  • Weak Healthcare Coverage: Medical coverage is described as high‑deductible with limited employer HSA contributions. Overall plan value is characterized as average to weak, varying by site and role.
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These insights are generated using AI and may not reflect internal data or verified company information. They are intended solely for general informational purposes and should not be considered a definitive assessment of the company’s reputation. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.
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