Generation Bio Salary

Generation Bio Salary

How much does the Generation Bio Pay for employees?

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As of August 2026, the average hourly salary for employees at Generation Bio in the United States is $60. This translates to an approximate annual wage of $124,234. Salaries at Generation Bio typically range from $53 to $68 hourly, reflecting the diverse roles and experience levels within the company. Generation Bio’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 Generation Bio Pay for Different Roles?

Explore detailed salary information for specific jobs at Generation Bio. 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.
How accurate does the salary look to you?

Current Job Openings at Generation Bio

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

Is Generation Bio’s Pay Competitive? Salary Benchmarking Analysis

How does Generation Bio’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Generation Bio
Pharmaceuticals
Tower Laboratories Ltd
Metrics Contract Services
Industry Comparison
Our data shows that, on average, compensation at Generation Bio is below the average for the U.S. Pharmaceuticals industry by approximately 7%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Generation Bio average annual salary with several similar companies. Generation Bio average salary of $124,234 is higher than Tower Laboratories Ltd, which has an average salary of $114,583. It is higher than Metrics Contract Services, with their average salary at $102,959. This places Generation Bio in a competitive position among its peers.
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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.

Companies Similar to Generation Bio and Their Hourly Pay Rates

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

Employee Reviews: Working at Generation Bio

Considering a career at Generation Bio? 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 benefits package is robust, enhancing job satisfaction. Leadership encourages professional development, and employee recognition is common. Diverse teams and inclusive workplace. The office atmosphere is positive, and the company’s commitment to ethical practices is commendable.
Commented in February 28, 2025
26
1
Employees are recognized for contributions. The company’s commitment to employee well-being is evident. Consistent operations, good for long-term stability. Proud to be part of a company making a difference in pharmaceuticals. The company values work-life balance and provides excellent benefits. The HR team is approachable and ensures employee concerns are addressed promptly.
Commented in July 13, 2024
33
3
It’s a workplace where hard work is recognized and rewarded. The company operates efficiently with a focus on compliance and quality standards. Employees are given opportunities to grow, making it a fulfilling career choice.
Commented in February 04, 2024
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Generation Bio Overview

Website
www.generationbio.com
Founded In
2016
Employees
100 - 200 employees
Industry
Pharmaceuticals
Headquarter Address
301 Binney St Cambridge Massachusetts MA 02142
Revenue
$50 Million - $200 Million
Phone Number
+1 6176557500
Social Media
About Generation Bio
Founded in 2016 and headquartered in Cambridge, Massachusetts, Generation Bio a biotechnology company developing a breakthrough class of genetic medicines to enable a new generation of people unaffected by inherited disease.

What Benefits Does Generation Bio Offer Beyond Salary?

A competitive compensation package is more than just a salary. Generation Bio 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 Cambridge?

Understanding the cost of living near Cambridge is key to truly evaluating a salary offer or your current compensation at Generation Bio.
Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). Home to Harvard/MIT, extremely high housing costs, very high overall expenses. MBTA. When planning your budget based on a salary from Generation Bio, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,200+ A significant portion of Generation Bio salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $520 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $460 - $880+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,650 - $7,270+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Generation Bio

1. How much does a Generation Bio employee make?

Generation Bio pays its employees an average of $60 per hour. The average salary at Generation Bio range from $53 to $68 per hour. 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 Generation Bio?

The salary at Generation Bio is higher than the similar company. The average annual salary at Generation Bio is $124,234, or an hourly wage of $60, in comparison to Tower Laboratories Ltd which pays $114,583 per year or $55 per hour.

3. How much does a President & Chief Executive Officer typically earn at Generation Bio?

A President & Chief Executive Officer at Generation Bio typically earns an average hourly base salary of around $462, with a general range of $354 to $583.

4. Do employees with advanced degrees (Master's, PhD) earn more at Generation Bio?

In many roles at Generation Bio, 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 Cambridge affect the perceived value of a Generation Bio salary?

Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). This significantly impacts the purchasing power of a salary from Generation Bio based there. Our "Cost of Living Insights for Cambridge" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Generation Bio typically offer employees?

Generation Bio 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 Generation Bio" section on this page.

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