Johnson & Johnson Innovation LLC Salary

As of May 2026, the average annual salary for employees at Johnson & Johnson Innovation LLC in the United States is $118,106. This translates to an approximate hourly wage of $57. Salaries at Johnson & Johnson Innovation LLC typically range from $103,988 to $133,487 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Johnson & Johnson Innovation LLC

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Is Johnson & Johnson Innovation LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Johnson & Johnson Innovation LLC'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
PHC Corporation of North America $109,604
-7.2%
PHC Corporation of North America may offer non-monetary perks in lieu of competitive base salaries.
Plexxikon Inc $125,300
+6.1%
Supported by Plexxikon Inc's high-margin contracts allowing higher overhead.
Cerilliant Corp $100,512
-14.9%
Cerilliant Corp operates with a leaner overhead structure, impacting base wage offers.
Zomedica Pharmaceuticals Corp $106,081
-10.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Pharmaceuticals Industry $133,789
+13.3%
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.

Employee Reviews: Working at Johnson & Johnson Innovation LLC

Considering a career at Johnson & Johnson Innovation LLC? 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 compensation is fair, though there’s room for improvement in career advancement opportunities. The work environment is collaborative, and the benefits are competitive. Management is transparent, making it easy to align with company goals. The company has a strong focus on innovation in pharmaceuticals while maintaining employee well-being.
The pharmaceutical industry is fast-paced, but the company provides the resources needed to succeed. Employees are given the resources they need, and collaboration is encouraged. Steady pace of work. For anyone in pharmaceuticals, this company offers growth, stability, and a motivating work environment. A great place to work in the pharmaceuticals industry. Colleagues are professional, and process...
I love the collaborative spirit at this company. The policies are employee-friendly, and HR is responsive. The management values employee input, which makes you feel heard. The company fosters a culture of learning, and the pharmaceutical projects are impactful. While the salary is competitive, additional perks could enhance employee satisfaction.

Johnson & Johnson Innovation LLC Overview

Website
www.jnjinnovation.com
Founded In
1973
Employees
50 - 100 employees
Industry
Pharmaceuticals
Headquarter Address
255 Main St Cambridge Massachusetts MA 02142
Revenue
$10 Million - $50 Million
Phone Number
+1 6172254700
Social Media
About Johnson & Johnson Innovation LLC
Johnson & Johnson Innovation seeks to positively impact human health through innovation. We do this by helping entrepreneurs realize their dreams of creating healthcare solutions that improve peoples lives around the world. We work side-by-side with innovators throughout their journey, providing a robust exchange of ideas and resources to support their success. Our mission is to create the leading

What Benefits Does Johnson & Johnson Innovation LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Johnson & Johnson Innovation LLC 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 Cambridge?

Understanding the cost of living near Cambridge is key to truly evaluating a salary offer or your current compensation at Johnson & Johnson Innovation LLC.
Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). Home to Harvard/MIT, extremely high housing costs, very high overall expenses. MBTA. When planning your budget based on a salary from Johnson & Johnson Innovation LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,200+ A significant portion of Johnson & Johnson Innovation LLC 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) $520 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $460 - $880+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,650 - $7,270+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Johnson & Johnson Innovation LLC

1. What is the estimated average total compensation at Johnson & Johnson Innovation LLC?

Salary.com estimates that the average total compensation package at Johnson & Johnson Innovation LLC, which can include base salary, potential bonuses, and benefits, is around $118,106 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Johnson & Johnson Innovation LLC pay compared to PHC Corporation of North America?

The average annual salary at Johnson & Johnson Innovation LLC is $118,106, or an hourly wage of $57, in comparison to PHC Corporation of North America which pays $109,604 per year or $53 per hour.

3. Do salaries differ significantly between departments at Johnson & Johnson Innovation LLC?

Yes, salaries often differ between departments at Johnson & Johnson Innovation LLC 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Johnson & Johnson Innovation LLC?

Salary progression from an entry-level to a senior role at Johnson & Johnson Innovation LLC can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Johnson & Johnson Innovation LLC in Cambridge is fair given the local cost of living?

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

6. Are promotions at Johnson & Johnson Innovation LLC usually accompanied by a significant salary increase?

Yes, promotions at Johnson & Johnson Innovation LLC are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.