Facet Biotech Salary

As of April 2026, the average annual salary for employees at Facet Biotech in the United States is $117,821. This translates to an approximate hourly wage of $57. Salaries at Facet Biotech typically range from $103,649 to $133,340 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Facet Biotech

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Is Facet Biotech’s Pay Competitive? Salary Benchmarking Analysis

How does Facet Biotech'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
European Molecular Biology Laboratory $103,856
-11.9%
European Molecular Biology Laboratory operates with a leaner overhead structure, impacting base wage offers.
GE Healthcare Life Sciences $115,416
-2.0%
Indicates identical technical requirements and experience levels between the two firms.
Sigma Chemical Co $110,606
-6.1%
Sigma Chemical Co may offer non-monetary perks in lieu of competitive base salaries.
Celerion $108,602
-7.8%
Normalized for lower cost-of-living zones where Celerion primarily operates.
Biotechnology Industry $130,524
+10.8%
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.

Employee Reviews: Working at Facet Biotech

Considering a career at Facet Biotech? 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.
Our projects push the boundaries of science while maintaining ethical standards. Stable job with predictable routines;flexibility in role changes. Ideas are encouraged from everyone, regardless of their role, and there's a shared passion for our scientific mission, making problem-solving a collaborative and exciting endeavor for all. Science is robust, though workflow systems feel outdated.
I’m proud to contribute to groundbreaking science while being part of a supportive, mission-driven team. Some departments offer room to grow, while others remain static. Opportunities for cross-departmental collaboration are plentiful. Employees are offered clear goals and regular feedback. The scientific environment is well-resourced and it is cutting-edge. the scale of research is massive, yet i...
This is a great place to develop your career while contributing to meaningful, large-scale health innovations. Projects are exciting, and there's a clear sense of mission. The research environment is dynamic, and there’s a strong focus on collaboration and innovation.

Facet Biotech Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
500 - 1,000 employees
Industry
Biotechnology
Headquarter Address
100 Abbott Park Rd North Chicago Illinois IL 60064
Revenue
$200 Million - $500 Million
Phone Number
-
Social Media
About Facet Biotech
Facet Biotech is a company that operates in the Biotechnology industry. It employs 501-1,000 people and has $250M-$500M of revenue. The company is headquartered in North Chicago, Illinois.

What Benefits Does Facet Biotech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Facet Biotech 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Facet Biotech.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Facet Biotech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Facet Biotech salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Facet Biotech

1. What is the average salary for employees at Facet Biotech?

The average annual total compensation for employees at Facet Biotech is approximately $117,821. However, this is an aggregate figure, actual salaries can range significantly, typically from $103,649 to $133,340, depending on factors like job role, experience, and location.

2. How much does Facet Biotech pay compared to European Molecular Biology Laboratory?

The average annual salary at Facet Biotech is $117,821, or an hourly wage of $57, in comparison to European Molecular Biology Laboratory which pays $103,856 per year or $50 per hour.

3. How does having a professional certification impact salary for relevant roles at Facet Biotech?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Facet Biotech for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Facet Biotech offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Facet Biotech, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Facet Biotech?

Most companies, likely including Facet Biotech, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.