Pennakem LLC Salary

Pennakem LLC Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of April 2026, the average annual salary for employees at Pennakem LLC in the United States is $96,504. This translates to an approximate hourly wage of $46. Salaries at Pennakem LLC typically range from $84,955 to $109,050 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Pennakem LLC

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

Is Pennakem LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Pennakem LLC'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
NeoLife International Ltd $127,831
+32.5%
Influenced by prevailing union wage agreements specific to NeoLife International Ltd's sector.
MIT Chemical Engineering $115,406
+19.6%
Reflects a supply-demand imbalance for the specific talent MIT Chemical Engineering targets.
Sensient Industrial Colors $102,927
+6.7%
Reflects structural premiums typical of Sensient Industrial Colors's large-cap national operations.
Certis USA LLC $108,866
+12.8%
Data suggests Certis USA LLC's workforce skews heavily towards veteran, high-tenure roles.
Chemicals Industry $130,674
+35.4%
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 Pennakem LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Pennakem LLC

Considering a career at Pennakem LLC? 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 employee break areas could use some refurbishment. Strong safety standards and training. The compensation package is attractive, including bonuses and stock options for eligible roles. Compensation packages are competitive within the industry, including performance bonuses and comprehensive health benefits. Good benefits, positive team dynamics.
Commented in April 12, 2025
18
1
The company maintains stable relationships with its chemical raw material suppliers and distribution networks. The company follows standard chemical industry regulations, and the environment is low-drama. The company operates efficiently with clear processes in place. The company's commitment to employee growth is evident through regular training programs and skill development workshops. Leadershi...
Commented in July 02, 2024
14
0
The benefits program is robust, including excellent healthcare options. The compensation package is robust, including profit-sharing that aligns employee success with company performance. Career development opportunities are available.
Commented in March 27, 2024
30
2

Pennakem LLC Overview

Website
www.pennakem.com
Founded In
1999
Employees
100 - 200 employees
Industry
Chemicals
Headquarter Address
3324 Chelsea Ave Memphis Tennessee TN 38108
Revenue
$10 Million - $50 Million
Phone Number
+1 9013204000
Social Media
About Pennakem LLC
Pennakem, an affiliate of the Belgian Minafin Group, is an innovative specialty chemical company with over 60 years of biobased chemicals development and manufacturing experience. Pennakem is the largest worldwide supplier of specialty furfural-derived biobased products, with demonstrated value in pharmaceutical, agricultural, and rubber additive processes and environmentally friendly solvent appl

What Benefits Does Pennakem LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pennakem LLC 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)
Work at Pennakem LLC?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Pennakem LLC.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Pennakem LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Pennakem LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA 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 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pennakem LLC

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

The typical annual salary range for most roles at Pennakem LLC is approximately from $84,955 to $109,050. 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 Pennakem LLC pay compared to NeoLife International Ltd?

The average annual salary at Pennakem LLC is $96,504, or an hourly wage of $46, in comparison to NeoLife International Ltd which pays $127,831 per year or $61 per hour.

3. Do salaries differ significantly between departments at Pennakem LLC?

Yes, salaries often differ between departments at Pennakem LLC 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 Pennakem LLC?

Experience level is a significant factor in determining salary at Pennakem LLC, 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 Pennakem LLC in Memphis is fair given the local cost of living?

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

6. Are the salaries listed for Pennakem LLC on Salary.com pre-tax or after-tax?

All salary figures displayed for Pennakem LLC, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning