Tera Pharmaceuticals Inc Salary

Tera Pharmaceuticals Inc Salary

How much does the Tera Pharmaceuticals Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Tera Pharmaceuticals Inc in the United States is $47. This translates to an approximate annual wage of $98,223. Salaries at Tera Pharmaceuticals Inc typically range from $42 to $53 hourly, reflecting the diverse roles and experience levels within the company. Tera 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.
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Current Job Openings at Tera Pharmaceuticals Inc

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

How does Tera 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)
Tera Pharmaceuticals Inc
Pharmaceuticals
Quadex Pharmaceutical
Sorenson Pharmaceutical Inc
Industry Comparison
Our data shows that, on average, compensation at Tera Pharmaceuticals Inc is below the average for the U.S. Pharmaceuticals industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Tera Pharmaceuticals Inc average annual salary with several similar companies. Tera Pharmaceuticals Inc average salary of $98,223 is higher than Quadex Pharmaceutical, which has an average salary of $97,970. It is higher than Sorenson Pharmaceutical Inc, with their average salary at $97,527. This places Tera Pharmaceuticals Inc in a competitive position among its peers.
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Companies Similar to Tera Pharmaceuticals Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Tera Pharmaceuticals Inc

Considering a career at Tera 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 workload is predictable, and expectations are clearly communicated. It’s refreshing to work for an organization that prioritizes both employee well-being and global health impact. A solid choice for professionals. Collaborative teams and meaningful projects.
Commented in April 10, 2025
18
1
The team is talented and supportive, making collaboration easy. Innovative projects and strong leadership. The management values feedback, and there’s a strong emphasis on teamwork. Benefits are standard, covering essential needs. Colleagues are collaborative, and leadership is visionary. Flexible work options are available, which helps with work-life balance. It’s a decent place for those who val...
Commented in March 15, 2025
28
1
Overall, it’s a rewarding place to work. The onboarding process was thorough, and mentorship programs helped me adapt quickly. Company supports career advancement.
Commented in February 08, 2024
10
3

Tera Pharmaceuticals Inc Overview

Website
Data pending, update soon.
Founded In
1968
Employees
50 - 100 employees
Industry
Pharmaceuticals
Headquarter Address
6864 S Cottonwood St Midvale Utah UT 84047
Revenue
$10 Million - $50 Million
Phone Number
+1 8015620200
Social Media
About Tera Pharmaceuticals Inc
Tera Pharmaceuticals Inc is a company that operates in the Pharmaceuticals industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Midvale, Utah.

What Benefits Does Tera Pharmaceuticals Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tera 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 Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at Tera Pharmaceuticals Inc.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from Tera Pharmaceuticals Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Tera Pharmaceuticals Inc salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tera Pharmaceuticals Inc

1. How much does Tera Pharmaceuticals Inc in the United States pay?

Tera Pharmaceuticals Inc pays its employees an average of $47 per hour. The average salary at Tera Pharmaceuticals Inc range from $42 to $53 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. Do Tera Pharmaceuticals Inc employees get a higher salary than its peer company?

The salary at Tera Pharmaceuticals Inc is higher than its peer company. The average annual salary at Tera Pharmaceuticals Inc is $98,223, or an hourly wage of $47, in comparison to Quadex Pharmaceutical which pays $97,970 per year or $47 per hour.

3. How much does salary increase with years of experience at Tera Pharmaceuticals Inc?

Salary progression with years of experience at Tera Pharmaceuticals Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Tera Pharmaceuticals Inc vary by office location?

Yes, it's very likely that salaries at Tera Pharmaceuticals Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Salt Lake City section provides more context.

5. Does Tera Pharmaceuticals Inc offer good benefits?

Tera Pharmaceuticals Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Tera Pharmaceuticals Inc" section on this page.

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