PRACS Institute Ltd Salary

As of August 2026, the average annual salary for employees at PRACS Institute Ltd in the United States is $104,288. This translates to an approximate hourly wage of $50. Salaries at PRACS Institute Ltd typically range from $91,791 to $117,927 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at PRACS Institute Ltd

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Is PRACS Institute Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does PRACS Institute Ltd'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
Algorithme Pharma Inc $102,748
-1.5%
Confirms Algorithme Pharma Inc is a direct competitor vying for the exact same talent pool.
yelp.com/biz/kv-pharmaceutical-saint-louis $103,550
-0.7%
Suggests yelp.com/biz/kv-pharmaceutical-saint-louis utilizes a highly similar base-plus-benefits compensation model.
Heritage Pharmaceuticals Inc $126,787
+21.6%
Reflects a supply-demand imbalance for the specific talent Heritage Pharmaceuticals Inc targets.
Alpha Teknova $125,416
+20.3%
Reflects structural premiums typical of Alpha Teknova's large-cap national operations.
Pharmaceuticals Industry $133,789
+28.3%
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 PRACS Institute Ltd

Considering a career at PRACS Institute Ltd? 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.
Great place for career-driven individuals. The work is challenging but rewarding, with a focus on pharmaceutical advancements. I’ve had the chance to work on impactful projects, which is fulfilling. It’s a fulfilling place to work.
Processes are well-defined, and teamwork is smooth. I appreciate the training programs and the chance to contribute to meaningful projects in the pharmaceutical industry. The company invests in cutting-edge technology and research, making it an exciting place for professionals passionate about pharmaceuticals. The company has a strong vision for pharmaceutical advancements, and employees are encou...
The company encourages innovation and provides resources for professional growth. I appreciate the company’s commitment to innovation in pharmaceuticals. Benefits are competitive, and work-life balance is respected.

PRACS Institute Ltd Overview

Website
www.pracs.com
Founded In
1983
Employees
200 - 500 employees
Industry
Pharmaceuticals
Headquarter Address
4801 Amber Valley Pkwy S Fargo North Dakota ND 58104
Revenue
$10 Million - $50 Million
Phone Number
+1 7012394750
Social Media
About PRACS Institute Ltd
PRACS Institute is a leading early-phase contract research organization. A pioneer in the eary phase research space, PRACS Institute has conducted more than 20,000 clinical pharmacology studies, more than any other CRO. With facilities across North America, PRACS offers flexible, quality clinical development services in a range of therapeutic areas, including asthma and allergy, dermatology and di

What Benefits Does PRACS Institute Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. PRACS Institute Ltd 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 Fargo?

Understanding the cost of living near Fargo is key to truly evaluating a salary offer or your current compensation at PRACS Institute Ltd.
Fargo's Cost of Living Index is approximately 90.8 (9.2% less expensive than US average; 4.9% less than ND average). Largest ND city (NDSU), affordable housing, cold winters. MATBUS. When planning your budget based on a salary from PRACS Institute Ltd, 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 PRACS Institute Ltd salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (MATBUS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,125 - $3,425+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of PRACS Institute Ltd

1. How much does a PRACS Institute Ltd employee make?

PRACS Institute Ltd pays its employees an average of $104,288 per year. The average salary at PRACS Institute Ltd range from $91,791 to $117,927 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 PRACS Institute Ltd?

The salary at PRACS Institute Ltd is higher than the similar company. The average annual salary at PRACS Institute Ltd is $104,288, or an hourly wage of $50, in comparison to Algorithme Pharma Inc which pays $102,748 per year or $49 per hour.

3. How much does a Quality Control Specialist typically earn at PRACS Institute Ltd?

A Quality Control Specialist at PRACS Institute Ltd typically earns an average annual base salary of around $118,274, with a general range of $102,139 to $128,580.

4. Do employees with advanced degrees (Master's, PhD) earn more at PRACS Institute Ltd?

In many roles at PRACS Institute Ltd, 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 Fargo affect the perceived value of a PRACS Institute Ltd salary?

Fargo's Cost of Living Index is approximately 90.8 (9.2% less expensive than US average; 4.9% less than ND average). This significantly impacts the purchasing power of a salary from PRACS Institute Ltd based there. Our "Cost of Living Insights for Fargo" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does PRACS Institute Ltd typically offer employees?

PRACS Institute Ltd 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 PRACS Institute Ltd" section on this page.