Payer Matrix Salary

As of August 2026, the average annual salary for employees at Payer Matrix in the United States is $95,691. This translates to an approximate hourly wage of $46. Salaries at Payer Matrix typically range from $84,158 to $108,209 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Payer Matrix Pay for Different Roles?

Explore detailed salary information for specific jobs at Payer Matrix. Based on our data, the highest paying job is the Regional Account Executive, with an annual salary of $235,880. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Payer Matrix

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

Is Payer Matrix’s Pay Competitive? Salary Benchmarking Analysis

How does Payer Matrix'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
Suburban Pharmacy Inc $96,272
+0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
La Bleu Optique $109,372
+14.3%
Data suggests La Bleu Optique's workforce skews heavily towards veteran, high-tenure roles.
The Cork & Kettle $78,572
-17.9%
The Cork & Kettle focuses strategically on recruiting and training entry-level apprentices.
Stockholm Objects $94,911
-0.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Retail & Wholesale Industry $123,318
+28.9%
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 Payer Matrix

Considering a career at Payer Matrix? 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 provides clear career paths and rewards hard work. The work-life balance is good, and the team feels like family. Love the collaborative atmosphere here. The company also values diversity and inclusion, making it a welcoming workplace.
The company invests in employee training, and promotions are fair. The company also organizes volunteer events, which adds a sense of purpose. The retail environment is clean, and schedules are consistent. The company invests in technology to streamline operations, making daily tasks more efficient.
Colleagues are friendly, and the office environment is functional. This company provides a great work atmosphere. Work-life balance is respected, and benefits are strong. The leadership is forward-thinking, making it an exciting place to work. My time at this company has been uneventful in a good way. The Wholesale division operates efficiently, making it a secure choice. Enjoy the flexible hours.

Payer Matrix Overview

Website
www.payermatrix.com
Founded In
2016
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
407 Elmwood Ave Sharon Hill Pennsylvania PA 19079
Revenue
<$5 Million
Phone Number
+1 8773056202
Social Media
About Payer Matrix
Payer Matrix, LLC is a Specialty Drug Cost Containment Company who partners with commercial plans, Taft-Hartley Funds, and TPAs in the industry to help mitigate the financial risk and growing liability related to specialty drug costs. With over 30 years experience in the Specialty Pharmacy business market, the Company was formed to address the rising costs of these medications. Payer Matrix focuse

What Benefits Does Payer Matrix Offer Beyond Salary?

A competitive compensation package is more than just a salary. Payer Matrix 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Payer Matrix.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Payer Matrix, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Payer Matrix salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Payer Matrix

1. What is the typical salary range (low to high) for most roles at Payer Matrix?

The typical annual salary range for most roles at Payer Matrix is approximately from $84,158 to $108,209. 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. How much does Payer Matrix pay compared to Suburban Pharmacy Inc?

The average annual salary at Payer Matrix is $95,691, or an hourly wage of $46, in comparison to Suburban Pharmacy Inc which pays $96,272 per year or $46 per hour.

3. Do salaries differ significantly between departments at Payer Matrix?

Yes, salaries often differ between departments at Payer Matrix 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. How does experience level affect salary at Payer Matrix?

Experience level is a significant factor in determining salary at Payer Matrix, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Payer Matrix in Philadelphia is fair given the local cost of living?

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

6. What factors influence salary increases at Payer Matrix?

Salary increases at Payer Matrix are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.