Convergence Pharmaceuticals Ltd Salary

As of July 2026, the average annual salary for employees at Convergence Pharmaceuticals Ltd in the United States is $111,144. This translates to an approximate hourly wage of $53. Salaries at Convergence Pharmaceuticals Ltd typically range from $97,894 to $125,500 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Convergence Pharmaceuticals Ltd

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Is Convergence Pharmaceuticals Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Convergence Pharmaceuticals Ltd'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
Alliant Pharmaceutical Services LLC $86,441
-22.2%
Normalized for lower cost-of-living zones where Alliant Pharmaceutical Services LLC primarily operates.
Aspen Biological Pharma Inc $100,997
-9.1%
Aspen Biological Pharma Inc operates with a leaner overhead structure, impacting base wage offers.
Pharma Fields LLC $95,080
-14.5%
Typical compensation structure for smaller regional agencies like Pharma Fields LLC.
Transcode Therapeutics Inc $111,144
0.0%
Confirms Transcode Therapeutics Inc is a direct competitor vying for the exact same talent pool.
Pharmaceuticals Industry $133,789
+20.4%
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 Convergence Pharmaceuticals Ltd

Considering a career at Convergence Pharmaceuticals Ltd? 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.
Team dynamics vary by department, but communication is generally smooth. Work flexibility and health benefits add to the overall positive experience. This company is a leader in the pharmaceutical space, and working here has been rewarding.
It’s a good fit for those who prefer a steady, no-frills work environment. The leadership here truly cares about employee development. The team is professional, though interactions are mostly task-oriented. Leadership is approachable, and recognition programs boost morale.
While the pace is steady, it’s manageable. This is a great company to grow your career. The pharmaceutical research is cutting-edge, and the company invests in employee growth. Salaries are competitive, and annual raises reflect performance. Employees are given opportunities to grow, making it a fulfilling career choice. The company invests in cutting-edge technology, streamlining workflows. While...

Convergence Pharmaceuticals Ltd Overview

Website
www.convergencepharma.com
Founded In
2010
Employees
<25 employees
Industry
Pharmaceuticals
Headquarter Address
225 Binney St Cambridge Massachusetts MA 02142
Revenue
$5 Million - $10 Million
Phone Number
+44 1223755501
Social Media
About Convergence Pharmaceuticals Ltd
Convergence Pharmaceuticals is an independent biotechnology company focused on the development of novel analgesics with potentially commercially attractive efficacy, responder-rate and side effect profiles. The Company, led by CEO Clive Dix, was formed in October 2010 following the acquisition of certain neuroscience clinical assets from GlaxoSmithKline ("GSK"). The Company has a pipeline of diffe

What Benefits Does Convergence Pharmaceuticals Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Convergence Pharmaceuticals Ltd 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 Cambridge?

Understanding the cost of living near Cambridge is key to truly evaluating a salary offer or your current compensation at Convergence Pharmaceuticals Ltd.
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 Convergence Pharmaceuticals Ltd, 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 Convergence Pharmaceuticals Ltd 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 Convergence Pharmaceuticals Ltd

1. What is the typical salary range (low to high) for most roles at Convergence Pharmaceuticals Ltd?

The typical annual salary range for most roles at Convergence Pharmaceuticals Ltd is approximately from $97,894 to $125,500. 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 Convergence Pharmaceuticals Ltd pay compared to Alliant Pharmaceutical Services LLC?

The average annual salary at Convergence Pharmaceuticals Ltd is $111,144, or an hourly wage of $53, in comparison to Alliant Pharmaceutical Services LLC which pays $86,441 per year or $42 per hour.

3. How does experience level affect salary at Convergence Pharmaceuticals Ltd?

Experience level is a significant factor in determining salary at Convergence Pharmaceuticals Ltd, 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.

4. How can I determine if a salary offer from Convergence Pharmaceuticals Ltd in Cambridge is fair given the local cost of living?

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

5. What factors influence salary increases at Convergence Pharmaceuticals Ltd?

Salary increases at Convergence Pharmaceuticals Ltd are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.