Facet Biotech Salary

Facet Biotech Salary

How much does the Facet Biotech Pay for employees?

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As of August 2026, the average annual salary for employees at Facet Biotech in the United States is $117,821. This translates to an approximate hourly wage of $57. Salaries at Facet Biotech typically range from $103,649 to $133,340 annually, reflecting the diverse roles and experience levels within the company. Facet Biotech’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.
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Current Job Openings at Facet Biotech

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

Is Facet Biotech’s Pay Competitive? Salary Benchmarking Analysis

How does Facet Biotech’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)
Facet Biotech
Biotechnology
GemPharmatech Co Ltd
European Molecular Biology Laboratory
Industry Comparison
Our data shows that, on average, compensation at Facet Biotech is below the average for the U.S. Biotechnology industry by approximately 10%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Facet Biotech average annual salary with several similar companies. Facet Biotech average salary of $117,821 is lower than GemPharmatech Co Ltd, which has an average salary of $121,840. It is higher than European Molecular Biology Laboratory, with their average salary at $103,856. This places Facet Biotech in a mid-range position among its peers.
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How Facet Biotech's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Facet Biotech

Considering a career at Facet Biotech? 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.
Our projects push the boundaries of science while maintaining ethical standards. Stable job with predictable routines;flexibility in role changes. Ideas are encouraged from everyone, regardless of their role, and there's a shared passion for our scientific mission, making problem-solving a collaborative and exciting endeavor for all. Science is robust, though workflow systems feel outdated.
Commented in April 19, 2025
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1
I’m proud to contribute to groundbreaking science while being part of a supportive, mission-driven team. Some departments offer room to grow, while others remain static. Opportunities for cross-departmental collaboration are plentiful. Employees are offered clear goals and regular feedback. The scientific environment is well-resourced and it is cutting-edge. the scale of research is massive, yet i...
Commented in July 19, 2024
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This is a great place to develop your career while contributing to meaningful, large-scale health innovations. Projects are exciting, and there's a clear sense of mission. The research environment is dynamic, and there’s a strong focus on collaboration and innovation.
Commented in March 09, 2024
11
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Facet Biotech Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
500 - 1,000 employees
Industry
Biotechnology
Headquarter Address
100 Abbott Park Rd North Chicago Illinois IL 60064
Revenue
$200 Million - $500 Million
Phone Number
-
Social Media
About Facet Biotech
Facet Biotech is a company that operates in the Biotechnology industry. It employs 501-1,000 people and has $250M-$500M of revenue. The company is headquartered in North Chicago, Illinois.

What Benefits Does Facet Biotech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Facet Biotech 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Facet Biotech.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Facet Biotech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Facet Biotech salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Facet Biotech

1. What is the average salary for employees at Facet Biotech?

The average annual total compensation for employees at Facet Biotech is approximately $117,821. However, this is an aggregate figure, actual salaries can range significantly, typically from $103,649 to $133,340, depending on factors like job role, experience, and location.

2. How much does Facet Biotech pay compared to GemPharmatech Co Ltd?

The average annual salary at Facet Biotech is $117,821, or an hourly wage of $57, in comparison to GemPharmatech Co Ltd which pays $121,840 per year or $59 per hour.

3. How does having a professional certification impact salary for relevant roles at Facet Biotech?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Facet Biotech for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Facet Biotech offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Facet Biotech, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Facet Biotech?

Most companies, likely including Facet Biotech, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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