Somerset Therapeutics Salary

Somerset Therapeutics Salary

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As of August 2026, the average annual salary for employees at Somerset Therapeutics in the United States is $110,807. This translates to an approximate hourly wage of $53. Salaries at Somerset Therapeutics typically range from $97,601 to $125,134 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Somerset Therapeutics

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

Is Somerset Therapeutics’s Pay Competitive? Salary Benchmarking Analysis

How does Somerset Therapeutics'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
Viona Pharmaceuticals Inc $107,168
-3.3%
Normalized for lower cost-of-living zones where Viona Pharmaceuticals Inc primarily operates.
Novelstar Pharmaceuticals Inc $111,756
+0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Wocip Foundation $109,562
-1.1%
Indicates identical technical requirements and experience levels between the two firms.
AdiraMedica LLC $108,549
-2.0%
Confirms AdiraMedica LLC is a direct competitor vying for the exact same talent pool.
Pharmaceuticals Industry $133,789
+20.7%
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 Somerset Therapeutics's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Somerset Therapeutics

Considering a career at Somerset Therapeutics? 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.
Compensation is decent, good enough. The company operates efficiently with clear expectations. Training is adequate, though more advanced courses would be beneficial. Overall, it’s a great environment for professionals seeking growth and stability in the pharmaceutical field. Employees are given the resources needed to perform well. Salaries are fair, and performance-based incentives are a great m...
Commented in April 08, 2025
37
0
The company provides a stable work environment with reasonable expectations. Compensation is fair, and the bonus structure is motivating. The training programs are excellent, and career growth opportunities are clearly outlined. The company operates efficiently with structured processes in place. The pharmaceutical projects are meaningful, and teamwork is strong.
Commented in March 31, 2025
39
2
The company also supports continuing education, which is a huge advantage. I appreciate the emphasis on professional development, with regular workshops and certifications offered. Employees are recognized for contributions. The company operates smoothly with well-defined roles.
Commented in July 31, 2024
8
0

Somerset Therapeutics Overview

Website
www.somersetpharma.com
Founded In
2015
Employees
<25 employees
Industry
Pharmaceuticals
Headquarter Address
300 Franklin Square Dr Somerset New Jersey NJ 08873
Revenue
<$5 Million
Phone Number
+1 7325541100
Social Media
About Somerset Therapeutics
Somerset Therapeutics, a New Jersey based specialty pharmaceutical company that develops and markets sterile injectable and ophthalmic drugs for the U.S. marketplace, and the business of its India based affiliate Wintac Limited, which operates as Somerset Therapeutics' contract developer and manufacturer.

What Benefits Does Somerset Therapeutics Offer Beyond Salary?

A competitive compensation package is more than just a salary. Somerset Therapeutics 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 Somerset?

Understanding the cost of living near Somerset is key to truly evaluating a salary offer or your current compensation at Somerset Therapeutics.
Somerset (Franklin Twp) Cost of Living Index is approx. 115-120. Middlesex/Somerset Co., housing above US avg. NJ Transit. When planning your budget based on a salary from Somerset Therapeutics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,400+ A significant portion of Somerset Therapeutics salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,140 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Somerset Therapeutics

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

The typical annual salary range for most roles at Somerset Therapeutics is approximately from $97,601 to $125,134. 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 Somerset Therapeutics pay compared to Viona Pharmaceuticals Inc?

The average annual salary at Somerset Therapeutics is $110,807, or an hourly wage of $53, in comparison to Viona Pharmaceuticals Inc which pays $107,168 per year or $52 per hour.

3. Do salaries differ significantly between departments at Somerset Therapeutics?

Yes, salaries often differ between departments at Somerset Therapeutics 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 Somerset Therapeutics?

Experience level is a significant factor in determining salary at Somerset Therapeutics, 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 Somerset Therapeutics in Somerset is fair given the local cost of living?

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

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

All salary figures displayed for Somerset Therapeutics, 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.

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