Sovereign Silver Salary

How much does the Sovereign Silver Pay for employees?

As of August 2026, the average hourly salary for employees at Sovereign Silver in the United States is $48. This translates to an approximate annual wage of $100,501. Salaries at Sovereign Silver typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company. Sovereign Silver’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 Sovereign Silver

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Is Sovereign Silver’s Pay Competitive? Salary Benchmarking Analysis

How does Sovereign Silver’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)
Sovereign Silver
Pharmaceuticals
Methapharm Inc
Global Pharmaceuticals Ltd
Industry Comparison
Our data shows that, on average, compensation at Sovereign Silver is below the average for the U.S. Pharmaceuticals industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Sovereign Silver average annual salary with several similar companies. Sovereign Silver average salary of $100,501 is lower than Methapharm Inc, which has an average salary of $101,271. It is lower than Global Pharmaceuticals Ltd, with their average salary at $101,746. This places Sovereign Silver in a developing position among its peers.
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Employee Reviews: Working at Sovereign Silver

Considering a career at Sovereign Silver? 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 provides a steady job with fair compensation. Employees are encouraged to take initiative, and management listens to feedback. Pharmaceutical projects are well-managed, and colleagues are supportive. The company encourages creativity and offers excellent benefits. It’s a stable and forward-thinking employer in the pharma sector.
I’ve enjoyed my time here due to the supportive environment. My time at this company has been mostly uneventful but stable. What stands out most is the company's commitment to making a difference in pharmaceuticals. The benefits are excellent, and career growth opportunities are abundant. I see myself growing here long-term. Colleagues are knowledgeable, and the work environment is professional. I...
Training programs are thorough, helping new hires integrate quickly. Colleagues are knowledgeable and always willing to collaborate. Rewarding work.

Sovereign Silver Overview

Website
www.sovereignsilver.com
Founded In
1973
Employees
50 - 100 employees
Industry
Pharmaceuticals
Headquarter Address
7504 Pennsylvania Ave Sarasota Florida FL 34243
Revenue
$10 Million - $50 Million
Phone Number
+1 8883288840
Social Media
About Sovereign Silver
Sovereign Silver is a company that operates in the Luxury Goods & Jewelry industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Sarasota, Florida.

What Benefits Does Sovereign Silver Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sovereign Silver 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 Sarasota?

Understanding the cost of living near Sarasota is key to truly evaluating a salary offer or your current compensation at Sovereign Silver.
Sarasota's Cost of Living Index is approximately 102.7 (2.7% more expensive than US average; 0.4% less than FL average). Gulf Coast city, arts and culture, popular with retirees, housing costs above US average. SCAT bus. When planning your budget based on a salary from Sovereign Silver, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Sovereign Silver salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (SCAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,900 - $4,640+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sovereign Silver

1. How much does a Sovereign Silver employee make?

Sovereign Silver pays its employees an average of $48 per hour. The average salary at Sovereign Silver range from $43 to $55 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 Sovereign Silver?

The salary at Sovereign Silver is lesser than the similar company. The average annual salary at Sovereign Silver is $100,501, or an hourly wage of $48, in comparison to Methapharm Inc which pays $101,271 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Sovereign Silver?

In many roles at Sovereign Silver, 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.

4. How does the cost of living near Sarasota affect the perceived value of a Sovereign Silver salary?

Sarasota's Cost of Living Index is approximately 102.7 (2.7% more expensive than US average; 0.4% less than FL average). This significantly impacts the purchasing power of a salary from Sovereign Silver based there. Our "Cost of Living Insights for Sarasota" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Sovereign Silver typically offer employees?

Sovereign Silver 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 Sovereign Silver" section on this page.