Ovid Therapeutics Salary

As of May 2026, the average annual salary for employees at Ovid Therapeutics in the United States is $118,908. This translates to an approximate hourly wage of $57. Salaries at Ovid Therapeutics typically range from $104,721 to $134,328 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ovid Therapeutics Pay for Different Roles?

Explore detailed salary information for specific jobs at Ovid Therapeutics. Based on our data, the highest paying job is the Chief Operating Officer, with an annual salary of $536,953. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Ovid Therapeutics

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

Is Ovid Therapeutics’s Pay Competitive? Salary Benchmarking Analysis

How does Ovid Therapeutics'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
Harm Reduction Therapeutics Inc $107,558
-9.5%
Harm Reduction Therapeutics Inc focuses strategically on recruiting and training entry-level apprentices.
Citi Field Vaccine $119,551
+0.5%
Indicates identical technical requirements and experience levels between the two firms.
Sml Usa $119,393
+0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Royal Biologics Inc $118,232
-0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Pharmaceuticals Industry $133,789
+12.5%
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 Ovid Therapeutics

Considering a career at Ovid Therapeutics? 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.
A reliable employer for those in pharmaceuticals. I’ve been with this company for over two years, and it’s been a fantastic journey. A stable choice for those in the pharmaceutical sector. The company’s impact on healthcare is inspiring. Great workplace with a focus on employee well-being. Training sessions are useful, though more specialized programs would be beneficial. The benefits package is r...
From day one, I felt welcomed and supported. The office has a positive atmosphere, and flexible hours help maintain work-life harmony. The company’s commitment to employee well-being is evident. The work is challenging yet rewarding, with a clear impact on healthcare. The training programs are top-notch, and leadership is approachable.
The company offers a stable career in the pharmaceutical sector. Workload distribution is fair, and deadlines are realistic. The team is collaborative, and projects are exciting.
While growth opportunities could be more defined, the overall experience is stable and satisfactory for professionals in the pharmaceutical sector. The office setup is functional, and colleagues are professional. It’s a great environment for both personal and professional growth. Workload distribution is fair, though some procedures could be streamlined further. It is the most exciting workplace, ...
It’s a good place for those who prefer consistency over rapid change. Career advancement opportunities are available for those who seek them. The company values innovation and employee contributions. The office is comfortable, and the work is steady. Good for those who prefer consistency.

Ovid Therapeutics Overview

Website
www.ovidrx.com
Founded In
2014
Employees
25 - 50 employees
Industry
Pharmaceuticals
Headquarter Address
1460 Broadway New York City New York NY 10036
Revenue
<$5 Million
Phone Number
+1 6466617661
Social Media
About Ovid Therapeutics
Ovid Therapeutics Inc. is a New York-based biopharmaceutical company using its BoldMedicine® approach to develop medicines that transform the lives of patients with rare neurological disorders. Ovid has a broad pipeline of potential first-in-class medicines in development. The Company's most advanced investigational medicine, OV101 (gaboxadol), is currently in clinical development for the treatmen

What Benefits Does Ovid Therapeutics Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ovid Therapeutics 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Ovid Therapeutics.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Ovid Therapeutics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Ovid Therapeutics salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ovid Therapeutics

1. What is the estimated average total compensation at Ovid Therapeutics?

Salary.com estimates that the average total compensation package at Ovid Therapeutics, which can include base salary, potential bonuses, and benefits, is around $118,908 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Ovid Therapeutics pay compared to Harm Reduction Therapeutics Inc?

The average annual salary at Ovid Therapeutics is $118,908, or an hourly wage of $57, in comparison to Harm Reduction Therapeutics Inc which pays $107,558 per year or $52 per hour.

3. Do salaries differ significantly between departments at Ovid Therapeutics?

Yes, salaries often differ between departments at Ovid Therapeutics 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 Ovid Therapeutics?

Salary progression from an entry-level to a senior role at Ovid Therapeutics 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 Ovid Therapeutics in New York is fair given the local cost of living?

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

6. Are promotions at Ovid Therapeutics usually accompanied by a significant salary increase?

Yes, promotions at Ovid Therapeutics 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.