Masters Pharmaceutical Inc Salary

Masters Pharmaceutical Inc Salary

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As of August 2026, the average hourly salary for employees at Masters Pharmaceutical Inc in the United States is $46. This translates to an approximate annual wage of $95,111. Salaries at Masters Pharmaceutical Inc typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Masters Pharmaceutical Inc

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

Is Masters Pharmaceutical Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Masters Pharmaceutical 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
Herbs $54
+18.1%
Driven by niche technical certifications required for Herbs's specialized projects.
Piping Rock Health Products LLC $54
+17.6%
Influenced by prevailing union wage agreements specific to Piping Rock Health Products LLC's sector.
Miami Valley Steel Inc $45
-1.4%
Indicates identical technical requirements and experience levels between the two firms.
Howard T Moriarty Co. Inc $47
+1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Retail & Wholesale Industry $60
+29.7%
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 Masters Pharmaceutical Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Masters Pharmaceutical Inc

Considering a career at Masters Pharmaceutical 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.
Benefits like health insurance and bonuses are a plus. The company offers skill development programs, which have helped me advance in my role. I enjoy working here because of the dynamic team and the company’s commitment to innovation. The management is fair, and the workload is balanced.
Commented in April 02, 2025
36
3
Team collaboration is strong, and there’s always someone willing to help. Leadership is approachable and transparent. Training could be more detailed, but overall, it’s fine. The team is helpful, and communication is clear. The training programs are top-notch, and there’s always room to learn. It’s a decent place to work if you value consistency in a large organization.
Commented in October 08, 2024
11
3
Hard work is rewarded, and there are frequent team appreciation events. I’ve learned a lot and have been promoted twice. Working at this company has been a fantastic experience.
Commented in July 25, 2024
21
1
Leadership is transparent and approachable. The leadership is transparent, and the team is collaborative. My time here has been consistent with what I expected in the Retail & Wholesale sector. I love the team spirit here. I’ve had multiple opportunities to upskill through workshops and certifications.
Commented in January 21, 2024
48
1

Masters Pharmaceutical Inc Overview

Website
www.mastersrx.com
Founded In
2000
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
3600 Pharma Way Mason Ohio OH 45036
Revenue
$10 Million - $50 Million
Phone Number
+1 5133542690
Social Media
About Masters Pharmaceutical Inc
Masters Pharmaceutical is a national wholesale distributor of pharmaceutical and medical products servicing more than 14,000 Pharmacies throughout the United States. In 2007 Masters Pharmaceutical became one of the first companies to be granted VAWD accreditation by the National Association of Boards of Pharmacy (NABP). The company has quickly become known as the low-cost provider of prescription

What Benefits Does Masters Pharmaceutical Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Masters Pharmaceutical 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 Cincinnati?

Understanding the cost of living near Cincinnati is key to truly evaluating a salary offer or your current compensation at Masters Pharmaceutical Inc.
Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). SW OH city, affordable housing. Metro bus, Connector streetcar (free). When planning your budget based on a salary from Masters Pharmaceutical Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Masters Pharmaceutical Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Metro monthly pass, Connector free) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,250 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Masters Pharmaceutical Inc

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

The typical salary range for most roles at Masters Pharmaceutical Inc is approximately from $40 to $52 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 Masters Pharmaceutical Inc pay compared to Herbs?

The average annual salary at Masters Pharmaceutical Inc is $95,111, or an hourly wage of $46, in comparison to Herbs which pays $112,357 per year or $54 per hour.

3. Do salaries differ significantly between departments at Masters Pharmaceutical Inc?

Yes, salaries often differ between departments at Masters Pharmaceutical Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Masters Pharmaceutical Inc?

Experience level is a significant factor in determining salary at Masters Pharmaceutical 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.

5. How can I determine if a salary offer from Masters Pharmaceutical Inc in Cincinnati is fair given the local cost of living?

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

6. What factors influence salary increases at Masters Pharmaceutical Inc?

Salary increases at Masters Pharmaceutical Inc 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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