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Balsam Pharmacy Salary

Balsam Pharmacy Salary

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As of September 2026, the average annual salary for employees at Balsam Pharmacy in the United States is $94,995. This translates to an approximate hourly wage of $46. Salaries at Balsam Pharmacy typically range from $83,544 to $107,416 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Balsam Pharmacy Pay for Different Roles?

Explore detailed salary information for specific jobs at Balsam Pharmacy. Based on our data, the highest paying job is the President, with an annual salary of $735,347. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Balsam Pharmacy’s Pay Competitive? Salary Benchmarking Analysis

How does Balsam Pharmacy's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
TheraLabs Inc $93,519
-1.6%
Suggests TheraLabs Inc utilizes a highly similar base-plus-benefits compensation model.
Medex Pharmacies Corp $101,282
+6.6%
Data suggests Medex Pharmacies Corp's workforce skews heavily towards veteran, high-tenure roles.
Costa De Oro $88,498
-6.8%
Normalized for lower cost-of-living zones where Costa De Oro primarily operates.
R&B Tea $100,765
+6.1%
Supported by R&B Tea's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $123,318
+29.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Balsam Pharmacy's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Balsam Pharmacy

Considering a career at Balsam Pharmacy? 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 company maintains a professional atmosphere. A reliable employer in the retail industry. The retail discounts are generous, and the performance-based rewards keep me motivated. The company values feedback and makes improvements based on it. The leadership team is transparent about company goals, and employees are given opportunities to contribute ideas.
Commented in May 31, 2025
29
2
The culture is collaborative, and leadership is accessible. The benefits package is good, and the team atmosphere is collaborative. Management listens to employee feedback and implements positive changes. Training is provided, though it could be more in-depth for certain roles. I’ve been able to grow professionally thanks to the many learning opportunities provided. The company offers competitive ...
Commented in February 24, 2025
21
0
I’ve developed both personally and professionally here. Flexible scheduling, good pay, and a friendly work environment make it a top choice in retail. The company provides excellent support for career development. Tasks are straightforward.
Commented in February 09, 2024
32
0

Balsam Pharmacy Overview

Website
www.balsampharmacy.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1167 E Algonquin Rd Des Plaines Illinois IL 60016
Revenue
<$5 Million
Phone Number
+1 8472577448
Social Media
About Balsam Pharmacy
We labor to remain your community-friendly and community-trusted pharmacy by ensuring that all of our esteemed client's health needs are met and exceeded. We aim to maintain and even improve the brand of the pharmaceutical services we offer and live by our commitment to serve. We also provide our patients with the assistance they need to stay adherence to their medication therapy. We are here to c

What Benefits Does Balsam Pharmacy Offer Beyond Salary?

A competitive compensation package is more than just a salary. Balsam Pharmacy 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 Des Plaines?

Understanding the cost of living near Des Plaines is key to truly evaluating a salary offer or your current compensation at Balsam Pharmacy.
Des Plaines' Cost of Living Index is approximately 103.8 (3.8% more expensive than US average; 10.7% more than IL average). NW Chicago suburb near O'Hare, housing costs near US avg. Pace bus, Metra rail. When planning your budget based on a salary from Balsam Pharmacy, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,850+ A significant portion of Balsam Pharmacy salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) 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 $370 - $670+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Balsam Pharmacy

1. What is the typical salary range (low to high) for most roles at Balsam Pharmacy?

The typical annual salary range for most roles at Balsam Pharmacy is approximately from $83,544 to $107,416. 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. How much does Balsam Pharmacy pay compared to TheraLabs Inc?

The average annual salary at Balsam Pharmacy is $94,995, or an hourly wage of $46, in comparison to TheraLabs Inc which pays $93,519 per year or $45 per hour.

3. Do salaries differ significantly between departments at Balsam Pharmacy?

Yes, salaries often differ between departments at Balsam Pharmacy due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Balsam Pharmacy?

Experience level is a significant factor in determining salary at Balsam Pharmacy, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Balsam Pharmacy in Des Plaines is fair given the local cost of living?

To determine if a salary offer from Balsam Pharmacy in Des Plaines is fair, first compare the gross salary to our data for similar roles at Balsam Pharmacy and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Des Plaines" to understand its purchasing power.

6. Why might an individual's actual salary at Balsam Pharmacy differ from the ranges shown here?

An individual's actual salary at Balsam Pharmacy can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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