ParMed Pharmaceuticals Inc Salary

ParMed Pharmaceuticals Inc Salary

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As of August 2026, the average annual salary for employees at ParMed Pharmaceuticals Inc in the United States is $100,259. This translates to an approximate hourly wage of $48. Salaries at ParMed Pharmaceuticals Inc typically range from $88,254 to $113,342 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at ParMed Pharmaceuticals Inc

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

Is ParMed Pharmaceuticals Inc’s Pay Competitive? Salary Benchmarking Analysis

How does ParMed Pharmaceuticals Inc'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
Leading Pharma LLC $122,831
+22.5%
Adjusted for higher cost-of-living indices in Leading Pharma LLC's primary metro hubs.
Altea Therapeutics Corp $104,214
+3.9%
Supported by Altea Therapeutics Corp's high-margin contracts allowing higher overhead.
Starlux Corporation & American Protech Chemical Co Ltd $116,387
+16.1%
Influenced by prevailing union wage agreements specific to Starlux Corporation & American Protech Chemical Co Ltd's sector.
Pharmaceutical Technology $127,947
+27.6%
Data suggests Pharmaceutical Technology's workforce skews heavily towards veteran, high-tenure roles.
Pharmaceuticals Industry $133,789
+33.4%
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 ParMed Pharmaceuticals Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at ParMed Pharmaceuticals Inc

Considering a career at ParMed Pharmaceuticals Inc? 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.
Team collaboration is excellent, and management is invested in employee success. Career progression is possible if you show initiative. The company’s commitment to employee well-being is evident. It’s a solid choice for those seeking stability. I enjoy working here due to the meaningful projects and talented colleagues.
Commented in May 29, 2025
38
0
Training is adequate for role requirements. While there aren’t many flashy perks, the job provides stability. I’ve had the chance to work on impactful projects, which is fulfilling. Colleagues are respectful, and management is straightforward. From wellness programs to skill-building workshops, they invest in staff. Compensation is fair, matching market rates. The company also organizes volunteer ...
Commented in October 15, 2024
39
3
The projects are challenging yet rewarding, and the team collaboration is outstanding. It’s a dependable employer without major drawbacks. The leadership team is supportive, and there are ample opportunities for skill development.
Commented in March 17, 2024
33
1

ParMed Pharmaceuticals Inc Overview

Website
www.parmed.com
Founded In
1968
Employees
100 - 200 employees
Industry
Pharmaceuticals
Headquarter Address
4220 Hyde Park Blvd Niagara Falls New York NY 14305
Revenue
$10 Million - $50 Million
Phone Number
+1 7162845666
Social Media
About ParMed Pharmaceuticals Inc
ParMed Pharmaceuticals, based in Niagara Falls, New York, is a generic pharmaceutical drug distributor. ParMed's customers include independent pharmacies, retail chains, nursing homes/nursing home providers, home health care pharmacies, and other institutions. ParMed is a subsidiary of Cardinal Health.

What Benefits Does ParMed Pharmaceuticals Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. ParMed Pharmaceuticals Inc 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 Niagara Falls?

Understanding the cost of living near Niagara Falls is key to truly evaluating a salary offer or your current compensation at ParMed Pharmaceuticals Inc.
Niagara Falls' Cost of Living Index is approximately 76.8 (23.2% less expensive than US average; 38.6% less than NY average). Tourism, but very affordable housing. NFTA bus. When planning your budget based on a salary from ParMed Pharmaceuticals Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,100+ A significant portion of ParMed Pharmaceuticals Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $75 (NFTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,065 - $3,255+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of ParMed Pharmaceuticals Inc

1. What is the average salary for employees at ParMed Pharmaceuticals Inc?

The average annual total compensation for employees at ParMed Pharmaceuticals Inc is approximately $100,259. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,254 to $113,342, depending on factors like job role, experience, and location.

2. How much does ParMed Pharmaceuticals Inc pay compared to Leading Pharma LLC?

The average annual salary at ParMed Pharmaceuticals Inc is $100,259, or an hourly wage of $48, in comparison to Leading Pharma LLC which pays $122,831 per year or $59 per hour.

3. What is the lowest salary at ParMed Pharmaceuticals Inc?

The lowest-paying job at ParMed Pharmaceuticals Inc is a Senior Sales Representative with a salary of $93,857 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 ParMed Pharmaceuticals Inc?

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 ParMed Pharmaceuticals Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does ParMed Pharmaceuticals Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Niagara Falls?

While some companies offer formal COLA, many, including potentially ParMed Pharmaceuticals Inc, 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 ParMed Pharmaceuticals Inc?

Most companies, likely including ParMed Pharmaceuticals Inc, 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.

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