Forward Biotech Inc Salary

As of July 2026, the average annual salary for employees at Forward Biotech Inc in the United States is $94,383. This translates to an approximate hourly wage of $45. Salaries at Forward Biotech Inc typically range from $83,150 to $106,587 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Forward Biotech Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Forward Biotech Inc. Based on our data, the highest paying job is the Product Design Engineer, with an annual salary of $68,777. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Forward Biotech Inc

Ready for your next career move? Explore current job openings at Forward Biotech Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Forward Biotech Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Forward Biotech 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
Asami Shanghai $116,830
+23.8%
Supported by Asami Shanghai's high-margin contracts allowing higher overhead.
Tevogen Bio $106,957
+13.3%
Adjusted for higher cost-of-living indices in Tevogen Bio's primary metro hubs.
Biotikos Corp $87,337
-7.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Cryptic Labs LLC $117,716
+24.7%
Reflects structural premiums typical of Cryptic Labs LLC's large-cap national operations.
Biotechnology Industry $130,524
+38.3%
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 Forward Biotech Inc

Considering a career at Forward Biotech 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.
Management encourages continuous learning and provides funding for skill development. Science is robust, though workflow systems feel outdated. What sets this biotech company apart is its dual focus on groundbreaking science and employee satisfaction. The environment is steady, though it might feel impersonal or overly bureaucratic for some employees. The benefits are excellent, and the hybrid wor...
Excellent workplace culture centered around innovation, respect, and continuous improvement. This company is ideal for those who value predictability and clearly outlined responsibilities in a biotech setting. This biotech company promotes a balance of teamwork and independent innovation. Leadership is engaged, and career growth opportunities are plentiful. Collaboration over competition is the no...
Leadership maintains control through structured processes, ensuring consistency. This company fosters a true learning environment. While the work is demanding, management encourages flexibility and understands the importance of personal well-being. There's a strong, proactive focus on safety and well-being in the laboratories and office spaces, which is paramount in our industry. Collaborative and...

Forward Biotech Inc Overview

Website
www.forwardbiotech.com
Founded In
2011
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
2113 State Hwy 7 Troy New York NY 12180
Revenue
<$5 Million
Phone Number
+1 5187126512
Social Media
About Forward Biotech Inc
Forward Biotech, Inc., is a manufacturing firm specializing in the development and production of high tech and specialized products for the life sciences. Examples include: homogenizers for mechanical lysing of cells, automated blot washers, and rockers. While we mostly produce standard products, we customize our products or manufacture custom products on request. We look forward to hearing from y

What Benefits Does Forward Biotech Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forward Biotech 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)
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What Is the Cost of Living Near Troy?

Understanding the cost of living near Troy is key to truly evaluating a salary offer or your current compensation at Forward Biotech Inc.
Troy's Cost of Living Index is approximately 91.5 (8.5% less expensive than US average; 26.9% less than NY average). Capital District city (RPI), affordable housing. CDTA bus. When planning your budget based on a salary from Forward Biotech Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Forward Biotech Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (CDTA monthly pass) 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,335 - $3,695+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forward Biotech Inc

1. What is the estimated average total compensation at Forward Biotech Inc?

Salary.com estimates that the average total compensation package at Forward Biotech Inc, which can include base salary, potential bonuses, and benefits, is around $94,383 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Forward Biotech Inc pay compared to Asami Shanghai?

The average annual salary at Forward Biotech Inc is $94,383, or an hourly wage of $45, in comparison to Asami Shanghai which pays $116,830 per year or $56 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Forward Biotech Inc?

Salary progression from an entry-level to a senior role at Forward Biotech Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Forward Biotech Inc in Troy is fair given the local cost of living?

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

5. Are promotions at Forward Biotech Inc usually accompanied by a significant salary increase?

Yes, promotions at Forward Biotech Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.