Where is Paratek Pharmaceutical located?

Paratek Pharmaceutical is headquartered in Boston, Massachusetts, but may have operations in other locations within the Pharmaceuticals sector.

What does Paratek Pharmaceutical do?

According to the company's overview, Paratek Pharmaceutical is a company that operates in the Pharmaceuticals industry.

What industry is Paratek Pharmaceutical in?

Paratek Pharmaceutical operates in the Pharmaceuticals industry.

Paratek Pharmaceutical Hourly Pay Rate & Wages

Paratek Pharmaceutical Salary

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Salary at Paratek Pharmaceutical

Current Job Openings at Paratek Pharmaceutical

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Is Paratek Pharmaceutical’s Pay Competitive? Salary Benchmarking Analysis

How does Paratek Pharmaceutical'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
Interlink Pharmaceuticals LLC	$56	0.0%	Indicates identical technical requirements and experience levels between the two firms.
Point Pharmaceuticals LLC	$53	-4.7%	Normalized for lower cost-of-living zones where Point Pharmaceuticals LLC primarily operates.
Chiesi Pharmaceuticals Inc	$56	+0.2%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
Immunimax Pharmaceuticals Inc	$57	+1.8%	Suggests Immunimax Pharmaceuticals Inc utilizes a highly similar base-plus-benefits compensation model.
Pharmaceuticals Industry	$65	+15.0%	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 Paratek Pharmaceutical and Their Hourly Pay Rates

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

Interlink Pharmaceuticals LLC

$56 / hour

Salary Range: $49 - $63

Cambridge, MA

Point Pharmaceuticals LLC

$53 / hour

Salary Range: $47 - $60

North Andover, MA

Chiesi Pharmaceuticals Inc

$56 / hour

Salary Range: $49 - $63

Boston, MA

Immunimax Pharmaceuticals Inc

$57 / hour

Salary Range: $50 - $64

Waltham, MA

Prpgenics Pharmaceuticals Inc

$54 / hour

Salary Range: $48 - $62

North Billerica, MA

Amgen Inc

$57 / hour

Salary Range: $50 - $64

Boston, MA

Zalicus Inc

$57 / hour

Salary Range: $50 - $64

Cambridge, MA

Howfond Inc

$55 / hour

Salary Range: $49 - $63

Westford, MA

Tag Pharma LLC

$55 / hour

Salary Range: $49 - $63

Herndon, VA

Employee Reviews: Working at Paratek Pharmaceutical

Considering a career at Paratek Pharmaceutical? 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 company values innovation, and employees are given autonomy to explore ideas. A great place to work. The company follows industry regulations diligently. The leadership team is competent and fosters a positive work culture.

Commented in February 07, 2025

44

3

Good training programs and career development. The office environment is comfortable, and colleagues are professional. The compensation is competitive, and the work is impactful. Management provides regular feedback, which helps in professional growth. Professional development is a priority, with regular training sessions.

Commented in November 22, 2024

41

1

The team is collaborative, and projects are exciting. Proud to be part of a company making a difference in pharmaceuticals. Employees are encouraged to innovate, and the work atmosphere is positive. Colleagues are friendly, and the office environment is inclusive. The compensation package is strong, including bonuses and health benefits. The workload is manageable, and the processes are well-struc...

Commented in September 10, 2024

40

3

Management is approachable, and recognition is frequent. Leadership is transparent, making it a trustworthy place to work. Employees are given opportunities to upskill, and leadership is approachable.

Commented in August 31, 2024

45

1

The company provides a steady job with fair compensation. Management supports career development through workshops and mentorship. The team is collaborative, and there’s a strong emphasis on professional growth. While the pace can be steady, the workload is reasonable. Management is supportive, offering mentorship and career advancement paths.

Commented in March 22, 2024

27

0

What Benefits Does Paratek Pharmaceutical Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paratek Pharmaceutical 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Paratek Pharmaceutical.

Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Paratek Pharmaceutical, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$2,500 - $3,800+	A significant portion of Paratek Pharmaceutical salary. Location choices impact this heavily.
Utilities (Basic)	$180 - $290	Electricity, Heating, Cooling, Water etc.
Public Transportation	$90 (MBTA LinkPass monthly)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$500 - $750	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)	$4,270 - $6,690+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Paratek Pharmaceutical

1. How much does Paratek Pharmaceutical in the United States pay?

Paratek Pharmaceutical pays its employees an average of $56 per hour. The average salary at Paratek Pharmaceutical range from $49 to $63 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 Paratek Pharmaceutical employees get a higher salary than its peer company?

The salary at Paratek Pharmaceutical is similar than its peer company. The average annual salary at Paratek Pharmaceutical is $116,365, or an hourly wage of $56, in comparison to Interlink Pharmaceuticals LLC which pays $116,365 per year or $56 per hour.

3. How much does salary increase with years of experience at Paratek Pharmaceutical?

Salary progression with years of experience at Paratek Pharmaceutical 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.

4. Do salaries at Paratek Pharmaceutical vary by office location?

Yes, it's very likely that salaries at Paratek Pharmaceutical 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 Boston section provides more context.

5. Does Paratek Pharmaceutical offer good benefits?

Paratek Pharmaceutical 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 Paratek Pharmaceutical" section on this page.