Panacea Pharmacy Salary

As of July 2026, the average annual salary for employees at Panacea Pharmacy in the United States is $83,519. This translates to an approximate hourly wage of $40. Salaries at Panacea Pharmacy typically range from $73,455 to $94,442 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Panacea Pharmacy Pay for Different Roles?

Explore detailed salary information for specific jobs at Panacea Pharmacy. Based on our data, the highest paying job is the Pharmacist, with an annual salary of $116,782. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Panacea Pharmacy

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

Is Panacea Pharmacy’s Pay Competitive? Salary Benchmarking Analysis

How does Panacea Pharmacy'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
Craft Cannabis Co $81,314
-2.6%
Suggests Craft Cannabis Co utilizes a highly similar base-plus-benefits compensation model.
Eclipse Meds LLC $87,485
+4.7%
Influenced by prevailing union wage agreements specific to Eclipse Meds LLC's sector.
Del's Pharmacy $96,240
+15.2%
Reflects a supply-demand imbalance for the specific talent Del's Pharmacy targets.
Treasure Valley Cannabis Co $81,990
-1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Retail & Wholesale Industry $123,318
+47.7%
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.

Employee Reviews: Working at Panacea Pharmacy

Considering a career at Panacea Pharmacy? 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 invests in employee development, offering regular training and promotions. The team is professional, and collaboration is encouraged. The team feels like a second family. If you’re looking for stability, growth, and a positive workplace, this is a great choice.
The benefits and work flexibility are great perks. Employee morale is high. Benefits are in line with industry standards. Benefits like health insurance and bonuses are a great advantage. The leadership team is approachable and open to feedback. Team communication is clear. The employee discount is a nice perk.
The company also offers tuition reimbursement, which is a huge plus. The leadership team is supportive, and the office environment is welcoming. Great place to work with a focus on teamwork. Managers listen to feedback and act on it. Competitive pay and good employee discounts.

Panacea Pharmacy Overview

Website
www.panaceapharmacyrx.com
Founded In
2015
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
2424 S Walnut St Bloomington Indiana IN 47401
Revenue
<$5 Million
Phone Number
+1 8122878884
Social Media
About Panacea Pharmacy
At Panacea Pharmacy we believe in delivering great pharmacy service and developing meaningful relationships with our customers. Pharmacists are the most accessible healthcare professionals and we want to help you live healthy. We believe the best prescription is healthy living and when that is not enough we will help you manage the medications you need. Panacea, in Greek mythology, was the goddess

What Benefits Does Panacea Pharmacy Offer Beyond Salary?

A competitive compensation package is more than just a salary. Panacea Pharmacy 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 Bloomington?

Understanding the cost of living near Bloomington is key to truly evaluating a salary offer or your current compensation at Panacea Pharmacy.
Bloomington's Cost of Living Index is approximately 92.7 (7.3% less expensive than US average; 2.3% more than IN average). Home to Indiana University, housing costs higher due to university. Bloomington Transit. When planning your budget based on a salary from Panacea Pharmacy, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Panacea Pharmacy salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (BTransit monthly, free for IU) 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 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,160 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Panacea Pharmacy

1. What is the average salary for employees at Panacea Pharmacy?

The average annual total compensation for employees at Panacea Pharmacy is approximately $83,519. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,455 to $94,442, depending on factors like job role, experience, and location.

2. How much does Panacea Pharmacy pay compared to Craft Cannabis Co?

The average annual salary at Panacea Pharmacy is $83,519, or an hourly wage of $40, in comparison to Craft Cannabis Co which pays $81,314 per year or $39 per hour.

3. What is the lowest salary at Panacea Pharmacy?

The lowest-paying job at Panacea Pharmacy is a Pharmacy Technician with a salary of $30,119 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Panacea Pharmacy?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Panacea Pharmacy for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Panacea Pharmacy offer cost-of-living adjustments (COLA) for employees in high-cost areas like Bloomington?

While some companies offer formal COLA, many, including potentially Panacea Pharmacy, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Panacea Pharmacy?

Most companies, likely including Panacea Pharmacy, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.