Parallel Bio Salary

Parallel Bio Salary

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As of April 2026, the average annual salary for employees at Parallel Bio in the United States is $105,079. This translates to an approximate hourly wage of $51. Salaries at Parallel Bio typically range from $92,570 to $118,659 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parallel Bio Pay for Different Roles?

Explore detailed salary information for specific jobs at Parallel Bio. Based on our data, the highest paying job is the Head of Data Science, with an annual salary of $151,849. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Parallel Bio

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

Is Parallel Bio’s Pay Competitive? Salary Benchmarking Analysis

How does Parallel Bio'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
Combined Therapeutics Inc $105,744
+0.6%
Confirms Combined Therapeutics Inc is a direct competitor vying for the exact same talent pool.
OkaVate Inc $101,756
-3.2%
Typical compensation structure for smaller regional agencies like OkaVate Inc.
Kumo Technologies Inc $102,010
-2.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
National Baromedical Services Inc $87,137
-17.1%
National Baromedical Services Inc likely leverages performance bonuses over the high base salary shown here.
Biotechnology Industry $130,524
+24.2%
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.

How Parallel Bio's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Parallel Bio

Considering a career at Parallel Bio? 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 leadership team genuinely champions a positive and inclusive work environment. The collaborative atmosphere, combined with meaningful work in drug development, makes it a standout employer. This company invests heavily in R&D, providing access to cutting-edge technology and expert mentorship. So proud to be part of a company making a real difference. It’s a solid workplace that needs refinemen...
Commented in February 02, 2025
14
1
The culture strikes a balance between scientific rigor and entrepreneurial spirit. It's incredibly motivating to be part of a company that addresses critical health challenges on such a vast scale. Training programs help employees develop both technical and leadership skills. Scientific work is supported, but administrative roles receive less attention. This biotech company stands out for its clea...
Commented in October 04, 2024
15
0
This company is a fantastic place for anyone passionate about biotechnology. Benefits and compensation are highly competitive. People are genuinely enthusiastic about our mission and their individual contributions to it, creating a vibrant and motivated environment where everyone feels valued and driven. Management encourages continuous learning and provides funding for skill development.
Commented in March 21, 2024
40
0

Parallel Bio Overview

Website
www.parallel.bio
Founded In
2021
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
750 Main St Cambridge Massachusetts MA 02139
Revenue
<$5 Million
Phone Number
-
Social Media
About Parallel Bio
Parallel Bio unlocks the human bodys own power to cure disease. It developed the first platform that replicates the human immune system in a dish for drug discovery and development. It models human disease more realistically and accurately than animal testingleading to the fastest path to treatments and cures that work for more people. Through its combination of immune organoids, machine learning

What Benefits Does Parallel Bio Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel Bio 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 Parallel Bio.
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 Parallel Bio, 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 Parallel Bio 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 Parallel Bio

1. How much does a Parallel Bio employee make?

Parallel Bio pays its employees an average of $105,079 per year. The average salary at Parallel Bio range from $92,570 to $118,659 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.

2. Which similar company tend to pay more or less than Parallel Bio?

The salary at Parallel Bio is lesser than the similar company. The average annual salary at Parallel Bio is $105,079, or an hourly wage of $51, in comparison to Combined Therapeutics Inc which pays $105,744 per year or $51 per hour.

3. How much does a Head of Data Science typically earn at Parallel Bio?

A Head of Data Science at Parallel Bio typically earns an average annual base salary of around $151,849, with a general range of $138,614 to $163,701.

4. Do employees with advanced degrees (Master's, PhD) earn more at Parallel Bio?

In many roles at Parallel Bio, 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.

5. How does the cost of living near Cambridge affect the perceived value of a Parallel Bio salary?

Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). This significantly impacts the purchasing power of a salary from Parallel Bio based there. Our "Cost of Living Insights for Cambridge" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Parallel Bio typically offer employees?

Parallel Bio 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 Parallel Bio" section on this page.

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