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Praecis Pharmaceuticals Inc Salary

Praecis Pharmaceuticals Inc Salary

How much does the Praecis Pharmaceuticals Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Praecis Pharmaceuticals Inc in the United States is $54. This translates to an approximate annual wage of $113,032. Salaries at Praecis Pharmaceuticals Inc typically range from $48 to $61 hourly, reflecting the diverse roles and experience levels within the company. Praecis Pharmaceuticals Inc’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 Praecis Pharmaceuticals Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Praecis Pharmaceuticals Inc. 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 Praecis Pharmaceuticals Inc

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

Is Praecis Pharmaceuticals Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Praecis Pharmaceuticals Inc’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)
Praecis Pharmaceuticals Inc
Pharmaceuticals
ADARx Pharmaceuticals Inc
Drug Market Info LLC
Industry Comparison
Our data shows that, on average, compensation at Praecis Pharmaceuticals Inc is below the average for the U.S. Pharmaceuticals industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Praecis Pharmaceuticals Inc average annual salary with several similar companies. Praecis Pharmaceuticals Inc average salary of $113,032 is higher than ADARx Pharmaceuticals Inc, which has an average salary of $108,866. It is higher than Drug Market Info LLC, with their average salary at $110,089. This places Praecis Pharmaceuticals Inc 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 Praecis Pharmaceuticals Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Praecis Pharmaceuticals Inc

Considering a career at Praecis Pharmaceuticals Inc? 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’s mission in pharmaceuticals is inspiring. Great place for those looking to advance in the pharmaceutical field. The work culture is positive, with a focus on collaboration and innovation. It’s a good place for those who prefer consistency over rapid change.
Commented in March 04, 2025
10
1
The company has a strong mission in the pharmaceuticals sector, which makes work fulfilling. The company’s commitment to ethical pharmaceuticals is commendable. The leadership is visionary, and employees are encouraged to share ideas. It’s a fulfilling place to work. It’s a stable workplace for those who prefer consistency in the pharmaceutical industry.
Commented in February 26, 2025
23
1
It’s a good fit for those who prefer a steady, no-frills work environment. Management values employee input, and the benefits are excellent. The team is collaborative, and leadership is transparent about goals. The office environment is low-stress, though more team-building activities would be nice. The work environment is low-stress, and colleagues are helpful. Leadership is transparent, making i...
Commented in January 08, 2025
35
2
Employees receive adequate training, and roles are clearly defined. The company operates efficiently in the pharmaceuticals space. Team collaboration is decent, depending on the department. Compensation is decent, good enough. The team is professional, and processes are efficient.
Commented in January 30, 2024
11
2

Praecis Pharmaceuticals Inc Overview

Website
www.praecis.com
Founded In
2010
Employees
25 - 50 employees
Industry
Pharmaceuticals
Headquarter Address
830 Winter St Waltham Massachusetts MA 02451
Revenue
$5 Million - $10 Million
Phone Number
+1 7817954100
Social Media
About Praecis Pharmaceuticals Inc
PRAECIS PHARMACEUTICALS INCORPORATED is a biopharmaceutical company focused on the discovery, development and commercialization of innovative therapies that either address unmet medical needs or offer improvements over existing therapies. PRAECIS has a novel MetAP-2 inhibitor in clinical development for non-Hodgkin's lymphoma and solid tumors, as well as an innovative drug discovery technology, Di

What Benefits Does Praecis Pharmaceuticals Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Praecis Pharmaceuticals Inc 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 Waltham?

Understanding the cost of living near Waltham is key to truly evaluating a salary offer or your current compensation at Praecis Pharmaceuticals Inc.
Waltham's Cost of Living Index is approximately 145.1 (45.1% more expensive than US average; 9.4% more than MA average). Boston suburb, tech/biotech presence, high housing costs. MBTA bus/Commuter Rail. When planning your budget based on a salary from Praecis Pharmaceuticals Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,100 - $3,000+ A significant portion of Praecis Pharmaceuticals Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA pass varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,690 - $5,560+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Praecis Pharmaceuticals Inc

1. What is the average salary for employees at Praecis Pharmaceuticals Inc?

The average total compensation for employees at Praecis Pharmaceuticals Inc is approximately $54 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $48 to $61 per hour, depending on factors like job role, experience, and location.

2. How much does Praecis Pharmaceuticals Inc pay compared to ADARx Pharmaceuticals Inc?

The average annual salary at Praecis Pharmaceuticals Inc is $113,032, or an hourly wage of $54, in comparison to ADARx Pharmaceuticals Inc which pays $108,866 per year or $52 per hour.

3. What is the lowest salary at Praecis Pharmaceuticals Inc?

The lowest-paying job at Praecis Pharmaceuticals Inc is a Senior Engineer with a salary of $56 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Praecis Pharmaceuticals Inc?

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 Praecis Pharmaceuticals Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Praecis Pharmaceuticals Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Waltham?

While some companies offer formal COLA, many, including potentially Praecis Pharmaceuticals Inc, 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.

6. What's the typical process for salary reviews and raises at Praecis Pharmaceuticals Inc?

Most companies, likely including Praecis Pharmaceuticals Inc, 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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