| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Althera Pharmaceuticals Ltd | $107,526 |
+3.4%
|
Reflects a supply-demand imbalance for the specific talent Althera Pharmaceuticals Ltd targets. |
| Sciecure Pharma Inc | $110,416 |
+6.2%
|
Adjusted for higher cost-of-living indices in Sciecure Pharma Inc's primary metro hubs. |
| Drais Pharmaceuticals Inc | $109,857 |
+5.7%
|
Influenced by prevailing union wage agreements specific to Drais Pharmaceuticals Inc's sector. |
| Fosun Pharma USA Inc | $104,963 |
+1.0%
|
Suggests Fosun Pharma USA Inc utilizes a highly similar base-plus-benefits compensation model. |
| Pharmaceuticals Industry | $133,789 |
+28.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$107,526 / year
Salary Range: $94,714 - $121,427
Morristown, NJ
$110,416 / year
Salary Range: $97,262 - $124,695
Monmouth Junction, NJ
$109,857 / year
Salary Range: $96,776 - $124,061
Bridgewater, NJ
$104,963 / year
Salary Range: $92,460 - $118,537
Princeton, NJ
$107,463 / year
Salary Range: $94,659 - $121,354
Berkeley Heights, NJ
$99,763 / year
Salary Range: $87,878 - $112,659
Boulder, CO
$91,103 / year
Salary Range: $80,245 - $102,880
Mumbai, FL
$100,459 / year
Salary Range: $88,492 - $113,440
Barrington, RI
$111,239 / year
Salary Range: $97,986 - $125,609
Stamford, CT
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,500 - $2,200+ | A significant portion of MHS Pharma salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $270 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | NJ Transit bus, Ocean Ride | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $650 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,940 - $4,590+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
MHS Pharma pays its employees an average of $103,972 per year. The average salary at MHS Pharma range from $91,580 to $117,415 per year. 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.
The salary at MHS Pharma is lesser than the similar company. The average annual salary at MHS Pharma is $103,972, or an hourly wage of $50, in comparison to Althera Pharmaceuticals Ltd which pays $107,526 per year or $52 per hour.
In many roles at MHS Pharma, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Toms River's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 3.8% less than NJ average). This significantly impacts the purchasing power of a salary from MHS Pharma based there. Our "Cost of Living Insights for Toms River" module details this impact, helping you assess the 'real feel' value of your compensation.
MHS Pharma generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at MHS Pharma" section on this page.
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