FreeMarkets Inc Salary

As of August 2026, the average annual salary for employees at FreeMarkets Inc in the United States is $94,742. This translates to an approximate hourly wage of $46. Salaries at FreeMarkets Inc typically range from $83,452 to $106,916 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at FreeMarkets Inc

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Is FreeMarkets Inc’s Pay Competitive? Salary Benchmarking Analysis

How does FreeMarkets 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
Octane AI $119,097
+25.7%
Data suggests Octane AI's workforce skews heavily towards veteran, high-tenure roles.
Particle Health Inc $114,182
+20.5%
Reflects structural premiums typical of Particle Health Inc's large-cap national operations.
TalkingPoints $119,910
+26.6%
Driven by niche technical certifications required for TalkingPoints's specialized projects.
Hospitable.com $118,348
+24.9%
Reflects a supply-demand imbalance for the specific talent Hospitable.com targets.
Software & Networking Industry $126,859
+33.9%
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 FreeMarkets Inc

Considering a career at FreeMarkets 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.
The work is engaging, and the team is motivated. The work-life balance is respected, and flexible scheduling options are available. Leadership is transparent about company goals, which keeps everyone aligned. The job provides a good work-life balance.
The benefits package is strong, and there’s a clear path for advancement. Well-structured training programs. The managers are approachable and provide constructive feedback. Benefits are in line with industry standards. The pay is competitive, and there are frequent recognition programs for top performers. The culture is collaborative, and the leadership team is transparent about company goals. Th...
Enjoy my role here. Training is thorough. It’s a nice place to work with predictable growth patterns.

FreeMarkets Inc Overview

Website
www.freemarkets.com
Founded In
1995
Employees
25 - 50 employees
Industry
Software & Networking
Headquarter Address
210 6th Ave Pittsburgh Pennsylvania PA 15222
Revenue
$5 Million - $10 Million
Phone Number
+1 4124340500
Social Media
About FreeMarkets Inc
FreeMarkets is the leading B2B Global Marketplace and eSourcing solutions provider. FreeMarkets combines its industry-leading technology platform with unparalleled sourcing information, commodity-specific domain knowledge, world-class services and purchasing scale to deliver fast, measurable savings to customers. FreeMarkets has created over 11,500 online markets for more than $16.6 billion worth

What Benefits Does FreeMarkets Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. FreeMarkets 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 Pittsburgh?

Understanding the cost of living near Pittsburgh is key to truly evaluating a salary offer or your current compensation at FreeMarkets Inc.
Pittsburgh's Cost of Living Index is approximately 87.5 (12.5% less expensive than US average; 9.9% less than PA average). 'Steel City' revitalization, tech/medical hub, affordable housing. Port Authority bus/light rail. When planning your budget based on a salary from FreeMarkets Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of FreeMarkets Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $97.50 (Port Authority monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,457 - $3,747+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of FreeMarkets Inc

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

The typical annual salary range for most roles at FreeMarkets Inc is approximately from $83,452 to $106,916. 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 FreeMarkets Inc pay compared to Octane AI?

The average annual salary at FreeMarkets Inc is $94,742, or an hourly wage of $46, in comparison to Octane AI which pays $119,097 per year or $57 per hour.

3. How does experience level affect salary at FreeMarkets Inc?

Experience level is a significant factor in determining salary at FreeMarkets 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.

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

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

5. Why might an individual's actual salary at FreeMarkets Inc differ from the ranges shown here?

An individual's actual salary at FreeMarkets Inc 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.