Balsam Pharmacy Salary

How much does the Balsam Pharmacy Pay for employees?

As of August 2026, the average annual salary for employees at Balsam Pharmacy in the United States is $94,995. This translates to an approximate hourly wage of $46. Salaries at Balsam Pharmacy typically range from $83,544 to $107,416 annually, reflecting the diverse roles and experience levels within the company. Balsam Pharmacy’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Balsam Pharmacy Pay for Different Roles?

Explore detailed salary information for specific jobs at Balsam Pharmacy. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Balsam Pharmacy

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

Is Balsam Pharmacy’s Pay Competitive? Salary Benchmarking Analysis

How does Balsam Pharmacy’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Balsam Pharmacy
Retail & Wholesale
TheraLabs Inc
Medex Pharmacies Corp
Industry Comparison
Our data shows that, on average, compensation at Balsam Pharmacy is below the average for the U.S. Retail & Wholesale industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Balsam Pharmacy average annual salary with several similar companies. Balsam Pharmacy average salary of $94,995 is higher than TheraLabs Inc, which has an average salary of $93,519. It is lower than Medex Pharmacies Corp, with their average salary at $101,282. This places Balsam Pharmacy in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Balsam Pharmacy

Considering a career at Balsam Pharmacy? 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 maintains a professional atmosphere. A reliable employer in the retail industry. The retail discounts are generous, and the performance-based rewards keep me motivated. The company values feedback and makes improvements based on it. The leadership team is transparent about company goals, and employees are given opportunities to contribute ideas.
The culture is collaborative, and leadership is accessible. The benefits package is good, and the team atmosphere is collaborative. Management listens to employee feedback and implements positive changes. Training is provided, though it could be more in-depth for certain roles. I’ve been able to grow professionally thanks to the many learning opportunities provided. The company offers competitive ...
I’ve developed both personally and professionally here. Flexible scheduling, good pay, and a friendly work environment make it a top choice in retail. The company provides excellent support for career development. Tasks are straightforward.

Balsam Pharmacy Overview

Website
www.balsampharmacy.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1167 E Algonquin Rd Des Plaines Illinois IL 60016
Revenue
<$5 Million
Phone Number
+1 8472577448
Social Media
About Balsam Pharmacy
We labor to remain your community-friendly and community-trusted pharmacy by ensuring that all of our esteemed client's health needs are met and exceeded. We aim to maintain and even improve the brand of the pharmaceutical services we offer and live by our commitment to serve. We also provide our patients with the assistance they need to stay adherence to their medication therapy. We are here to c

What Benefits Does Balsam Pharmacy Offer Beyond Salary?

A competitive compensation package is more than just a salary. Balsam Pharmacy 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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How Much Should You Be Earning?

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

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What Is the Cost of Living Near Des Plaines?

Understanding the cost of living near Des Plaines is key to truly evaluating a salary offer or your current compensation at Balsam Pharmacy.
Des Plaines' Cost of Living Index is approximately 103.8 (3.8% more expensive than US average; 10.7% more than IL average). NW Chicago suburb near O'Hare, housing costs near US avg. Pace bus, Metra rail. When planning your budget based on a salary from Balsam Pharmacy, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,850+ A significant portion of Balsam Pharmacy salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $370 - $670+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Balsam Pharmacy

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

The typical annual salary range for most roles at Balsam Pharmacy is approximately from $83,544 to $107,416. 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 Balsam Pharmacy pay compared to TheraLabs Inc?

The average annual salary at Balsam Pharmacy is $94,995, or an hourly wage of $46, in comparison to TheraLabs Inc which pays $93,519 per year or $45 per hour.

3. Do salaries differ significantly between departments at Balsam Pharmacy?

Yes, salaries often differ between departments at Balsam Pharmacy 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 Balsam Pharmacy?

Experience level is a significant factor in determining salary at Balsam Pharmacy, 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 Balsam Pharmacy in Des Plaines is fair given the local cost of living?

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

6. Why might an individual's actual salary at Balsam Pharmacy differ from the ranges shown here?

An individual's actual salary at Balsam Pharmacy can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.