Facet Biotech Salary

Facet Biotech Salary

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As of August 2026, the average hourly salary for employees at Facet Biotech in the United States is $57. This translates to an approximate annual wage of $117,821. Salaries at Facet Biotech typically range from $50 to $64 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Facet Biotech

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

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
GemPharmatech Co Ltd $59
+3.4%
Reflects a supply-demand imbalance for the specific talent GemPharmatech Co Ltd targets.
European Molecular Biology Laboratory $50
-11.9%
European Molecular Biology Laboratory likely leverages performance bonuses over the high base salary shown here.
GE Healthcare Life Sciences $55
-2.0%
Suggests GE Healthcare Life Sciences utilizes a highly similar base-plus-benefits compensation model.
Sigma Chemical Co $53
-6.1%
Sigma Chemical Co may offer non-monetary perks in lieu of competitive base salaries.
Biotechnology Industry $63
+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.

Companies Similar to Facet Biotech and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Facet Biotech. Click a company name to learn more.

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.
Commented in April 19, 2025
8
1
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...
Commented in July 19, 2024
11
0
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.
Commented in March 09, 2024
11
0

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 typical salary range (low to high) for most roles at Facet Biotech?

The typical salary range for most roles at Facet Biotech is approximately from $50 to $64 per hour. 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 Facet Biotech pay compared to GemPharmatech Co Ltd?

The average annual salary at Facet Biotech is $117,821, or an hourly wage of $57, in comparison to GemPharmatech Co Ltd which pays $121,840 per year or $59 per hour.

3. How does experience level affect salary at Facet Biotech?

Experience level is a significant factor in determining salary at Facet Biotech, 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 Facet Biotech in Chicago is fair given the local cost of living?

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

5. What factors influence salary increases at Facet Biotech?

Salary increases at Facet Biotech 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.

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