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RxPreferred Salary

RxPreferred Salary

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As of September 2026, the average annual salary for employees at RxPreferred in the United States is $84,131. This translates to an approximate hourly wage of $40. Salaries at RxPreferred typically range from $73,996 to $95,137 annually, reflecting the diverse roles and experience levels within the company.
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Is RxPreferred’s Pay Competitive? Salary Benchmarking Analysis

How does RxPreferred'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
Saikang Medical Technology Inc $99,594
+18.4%
Reflects a supply-demand imbalance for the specific talent Saikang Medical Technology Inc targets.
Tread Connection LLC $88,213
+4.9%
Driven by niche technical certifications required for Tread Connection LLC's specialized projects.
MPG Communications Inc $94,932
+12.8%
Reflects structural premiums typical of MPG Communications Inc's large-cap national operations.
Business & Heritage Clarksville $84,795
+0.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Retail & Wholesale Industry $123,318
+46.6%
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 RxPreferred's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at RxPreferred

Considering a career at RxPreferred? 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 job provides a consistent routine with a fair workload. The work culture is positive, making every day enjoyable. The company fosters a collaborative environment where teamwork is encouraged. The retail discounts are a nice benefit, and the company promotes from within, which is motivating.
Commented in February 20, 2025
20
3
The company also promotes work-life balance, offering flexible hours when possible. The benefits package is a strong advantage. It’s a decent place to work if you value consistency. Leadership is transparent about company goals, which keeps everyone aligned. The team is cooperative, and managers are fair in their approach. Flexible scheduling options make balancing work and personal life easier. W...
Commented in June 16, 2024
36
1
I’ve had the chance to attend workshops and take on leadership roles, which have been valuable for my career. The wholesale division is efficient, and managers are open to feedback. The Retail & Wholesale industry can be challenging, but the leadership team provides strong direction. While there aren’t many standout perks, the job stability is good. The work environment is structured, and processe...
Commented in January 31, 2024
10
2

RxPreferred Overview

Website
www.rxpreferred.com
Founded In
2011
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
2520 N Mount Juliet Rd Mount Juliet Tennessee TN 37122
Revenue
<$5 Million
Phone Number
+1 6158237757
Social Media
About RxPreferred
RxPreferred Benefits (www.rxpreferred.com) is a privately held pharmacy benefit manager founded, and solely owned, by independent pharmacy representatives. RxPreferred offers a full line of pharmacy benefit management solutions for employer groups, municipalities, school districts and third party administrators focused on guaranteed savings and cost-containment strategies. Its SurgicalMeds divisio

What Benefits Does RxPreferred Offer Beyond Salary?

A competitive compensation package is more than just a salary. RxPreferred 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 RxPreferred?
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What Is the Cost of Living Near Nashville?

Understanding the cost of living near Nashville is key to truly evaluating a salary offer or your current compensation at RxPreferred.
Nashville's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 14.7% more than TN average). 'Music City', major growth, housing costs above US avg. WeGo Public Transit. When planning your budget based on a salary from RxPreferred, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of RxPreferred salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (WeGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,945 - $4,685+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of RxPreferred

1. How much does RxPreferred in the United States pay?

RxPreferred pays its employees an average of $84,131 per year. The average salary at RxPreferred range from $73,996 to $95,137 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. Do RxPreferred employees get a higher salary than its peer company?

The salary at RxPreferred is lesser than its peer company. The average annual salary at RxPreferred is $84,131, or an hourly wage of $40, in comparison to Saikang Medical Technology Inc which pays $99,594 per year or $48 per hour.

3. What are the highest paying jobs at RxPreferred?

The higher-paying job at RxPreferred, according to our data, include President & Chief Executive Officer (avg. $651,247 per year), Chief Operating Officer (avg. $379,911 per year), and Vice President, Operations (avg. $247,811 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at RxPreferred?

Salary progression with years of experience at RxPreferred is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at RxPreferred vary by office location?

Yes, it's very likely that salaries at RxPreferred vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Nashville section provides more context.

6. Does RxPreferred offer good benefits?

RxPreferred typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at RxPreferred" section on this page.

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