Caraway Therapeutics Inc Salary

As of August 2026, the average annual salary for employees at Caraway Therapeutics Inc in the United States is $106,756. This translates to an approximate hourly wage of $51. Salaries at Caraway Therapeutics Inc typically range from $94,045 to $120,561 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is Caraway Therapeutics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Caraway Therapeutics Inc'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
Lynx Biosciences $102,020
-4.4%
Lynx Biosciences focuses strategically on recruiting and training entry-level apprentices.
PrimeGen Global Inc $103,592
-3.0%
Indicates identical technical requirements and experience levels between the two firms.
UNeMed Corp $89,584
-16.1%
Typical compensation structure for smaller regional agencies like UNeMed Corp.
Polymer Processing Institute $108,560
+1.7%
Suggests Polymer Processing Institute utilizes a highly similar base-plus-benefits compensation model.
Biotechnology Industry $130,524
+22.3%
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.

Employee Reviews: Working at Caraway Therapeutics Inc

Considering a career at Caraway Therapeutics Inc? 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.
It’s a respectful environment with steady workloads, which can suit certain personality types. The work is consistent, and expectations are clearly outlined. Middle management styles vary greatly by department. However, organizational changes the career advancement opportunities are always transparent or frequent. Their market analysis identified promising new applications for our technology.
Open communication, great science, and a committed team define this company. This is a respectable company with strong products and a mission-driven focus. Still, there’s a baseline of respect and professionalism. Management is professional and it is communicative, making it a steady but sometimes uninspiring workplace for those seeking rapid growth. It doesn’t feel overly corporate, which is refr...
Career progression depends heavily on tenure. Collaboration is highly encouraged, and teams work well across disciplines. Work is steady and predictable; innovation may take time. It has been an incredible company in advancing our drug discovery program.

Caraway Therapeutics Inc Overview

Website
www.carawaytx.com
Founded In
2018
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
300 Technology Sq Cambridge Massachusetts MA 02139
Revenue
<$5 Million
Phone Number
+1 6172458188
Social Media
About Caraway Therapeutics Inc
Caraway Therapeutics is a biopharmaceutical company pursuing novel approaches for the treatment of genetically defined neurodegenerative and rare diseases. The company is a leader in the cutting-edge science of activating cellular recycling processes to clear toxic materials and defective cellular components by modulating lysosomal function. Caraway is utilizing its unique product engine to develo

What Benefits Does Caraway Therapeutics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Caraway Therapeutics Inc 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)
Work at Caraway Therapeutics Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Cambridge?

Understanding the cost of living near Cambridge is key to truly evaluating a salary offer or your current compensation at Caraway Therapeutics Inc.
Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). Home to Harvard/MIT, extremely high housing costs, very high overall expenses. MBTA. When planning your budget based on a salary from Caraway Therapeutics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,200+ A significant portion of Caraway Therapeutics Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $520 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $460 - $880+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,650 - $7,270+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Caraway Therapeutics Inc

1. What is the typical salary range (low to high) for most roles at Caraway Therapeutics Inc?

The typical annual salary range for most roles at Caraway Therapeutics Inc is approximately from $94,045 to $120,561. 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 Caraway Therapeutics Inc pay compared to Lynx Biosciences?

The average annual salary at Caraway Therapeutics Inc is $106,756, or an hourly wage of $51, in comparison to Lynx Biosciences which pays $102,020 per year or $49 per hour.

3. Do salaries differ significantly between departments at Caraway Therapeutics Inc?

Yes, salaries often differ between departments at Caraway Therapeutics Inc 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 Caraway Therapeutics Inc?

Experience level is a significant factor in determining salary at Caraway Therapeutics Inc, 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 Caraway Therapeutics Inc in Cambridge is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Caraway Therapeutics Inc?

Several key factors influence salary levels at Caraway Therapeutics Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Caraway Therapeutics Inc likely benchmarks its salaries against other companies in the Biotechnology sector. You can explore how these factors play out in our detailed salary data.