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Generate Biomedicines Salary

Generate Biomedicines Salary

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As of August 2026, the average hourly salary for employees at Generate Biomedicines in the United States is $58. This translates to an approximate annual wage of $121,618. Salaries at Generate Biomedicines typically range from $51 to $66 hourly, reflecting the diverse roles and experience levels within the company.
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Is Generate Biomedicines’s Pay Competitive? Salary Benchmarking Analysis

How does Generate Biomedicines'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
AmplifyBio $52
-10.3%
AmplifyBio focuses strategically on recruiting and training entry-level apprentices.
AID Genomics $60
+3.1%
Reflects structural premiums typical of AID Genomics's large-cap national operations.
Owkin Inc $63
+8.5%
Data suggests Owkin Inc's workforce skews heavily towards veteran, high-tenure roles.
MiRXES Pte Ltd $55
-5.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Biotechnology Industry $63
+7.3%
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.

Companies Similar to Generate Biomedicines and Their Hourly Pay Rates

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

Employee Reviews: Working at Generate Biomedicines

Considering a career at Generate Biomedicines? 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.
Feedback is actively encouraged, and management often acts on employee suggestions for improvement, making us feel like integral partners in the company's ongoing success and evolution. The company's commitment to diversity and inclusion is clear and actively practiced. Leadership truly values employee feedback and promotes continuous learning in a fast-paced environment. The scientific work is me...
Commented in March 07, 2025
23
1
Feedback is encouraged, and management often acts on employee suggestions for improvement. This commitment to evolving and adapting keeps things dynamic and ensures we remain at the forefront of biotech. The pace can be fast, but it’s always exciting.
Commented in January 25, 2025
22
2
It’s refreshing to work in a biotech company that actually prioritizes both people and science. It's incredibly reassuring to work for a biotech firm that consistently prioritizes doing things the right way, ensuring patient safety and scientific rigor in all our endeavors. If you’re stuck on a problem or need assistance, someone is always willing to lend a hand or offer valuable advice and suppor...
Commented in October 16, 2024
41
3
Stable job with clear expectations, but limited opportunities for rapid advancement. Leaders here value long-term thinking and ethical practice. There's a good level of autonomy in my role, and contributions are consistently recognized and appreciated by leadership, which boosts morale and encourages continued high performance from the entire team.
Commented in May 01, 2024
23
2
While the company values science, internal innovation efforts feel limited by tight controls and risk aversion. I felt like a valued part of the team from day one, fully supported with all the resources and information needed to integrate quickly and contribute effectively. The culture promotes work-life balance while maintaining high standards. Working here means being part of a team passionate a...
Commented in March 12, 2024
8
3

Generate Biomedicines Overview

Website
www.generatebiomedicines.com
Founded In
2018
Employees
200 - 500 employees
Industry
Biotechnology
Headquarter Address
101 South St Somerville Massachusetts MA 02143
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Generate Biomedicines
Generate Biomedicines is a biotechnology company developing a machine learning-powered biomedicines platform with the potential to generate new drugs on demand across a wide range of biologic modalities-from short peptides to complex antibodies, enzymes, cytokines, and yet to be described protein compositions. They are based in Cambridge, Massachusetts.

What Benefits Does Generate Biomedicines Offer Beyond Salary?

A competitive compensation package is more than just a salary. Generate Biomedicines 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 Somerville?

Understanding the cost of living near Somerville is key to truly evaluating a salary offer or your current compensation at Generate Biomedicines.
Somerville's Cost of Living Index is approximately 185.3 (85.3% more expensive than US average; 39.8% more than MA average). Dense city bordering Boston/Cambridge, extremely high housing costs, young professional/student population. MBTA Red/Green/Orange Lines. When planning your budget based on a salary from Generate Biomedicines, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,700 - $4,000+ A significant portion of Generate Biomedicines salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $510 - $780 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,470 - $6,910+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Generate Biomedicines

1. How much does Generate Biomedicines in the United States pay?

Generate Biomedicines pays its employees an average of $58 per hour. The average salary at Generate Biomedicines range from $51 to $66 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. Do Generate Biomedicines employees get a higher salary than its peer company?

The salary at Generate Biomedicines is higher than its peer company. The average annual salary at Generate Biomedicines is $121,618, or an hourly wage of $58, in comparison to AmplifyBio which pays $109,056 per year or $52 per hour.

3. What are the highest paying jobs at Generate Biomedicines?

The higher-paying job at Generate Biomedicines, according to our data, include Chief Medical Officer (avg. $248 per hour), Chief Financial Officer (avg. $236 per hour), and Chief Legal Officer & General Counsel (avg. $206 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Generate Biomedicines?

Salary progression with years of experience at Generate Biomedicines is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Generate Biomedicines vary by office location?

Yes, it's very likely that salaries at Generate Biomedicines vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Somerville section provides more context.

6. Does Generate Biomedicines offer good benefits?

Generate Biomedicines typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Generate Biomedicines" section on this page.

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