Institutional Pharmacy Solutions LLC Salary

Institutional Pharmacy Solutions LLC Salary

How much does the Institutional Pharmacy Solutions LLC Pay for employees?

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As of July 2026, the average annual salary for employees at Institutional Pharmacy Solutions LLC in the United States is $87,823. This translates to an approximate hourly wage of $42. Salaries at Institutional Pharmacy Solutions LLC typically range from $77,194 to $99,405 annually, reflecting the diverse roles and experience levels within the company. Institutional Pharmacy Solutions LLC’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 Institutional Pharmacy Solutions LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Institutional Pharmacy Solutions LLC. 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.
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Current Job Openings at Institutional Pharmacy Solutions LLC

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

Is Institutional Pharmacy Solutions LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Institutional Pharmacy Solutions LLC’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
180k
150k
120k
90k
60k
30k
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Average Salary ($/year)
Institutional Pharmacy Solutions LLC
Retail & Wholesale
Alpha Comm Enterprises Inc
Killen Banks Pharmacist
Industry Comparison
Our data shows that, on average, compensation at Institutional Pharmacy Solutions LLC is below the average for the U.S. Retail & Wholesale industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Institutional Pharmacy Solutions LLC average annual salary with several similar companies. Institutional Pharmacy Solutions LLC average salary of $87,823 is lower than Alpha Comm Enterprises Inc, which has an average salary of $94,911. It is lower than Killen Banks Pharmacist, with their average salary at $92,422. This places Institutional Pharmacy Solutions LLC in a developing position among its peers.
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How Institutional Pharmacy Solutions LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Institutional Pharmacy Solutions LLC

Considering a career at Institutional Pharmacy Solutions LLC? 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 workplace environment is standard for the industry, with typical challenges but nothing overwhelming. The leadership is inspiring, and the benefits are competitive. The retail discounts are a nice benefit, and the company promotes from within, which is motivating. Always learning something new. The team is collaborative, and management is supportive.
Commented in May 04, 2025
16
1
The team is professional, and communication is clear. The team is supportive, and management fosters a positive work culture. The training programs are thorough, and career advancement is possible for motivated individuals. Great communication from leadership. I’ve developed valuable skills since joining. A dependable job with a good team. I enjoy the fast-paced yet structured environment. The tea...
Commented in August 10, 2024
23
2
There’s a strong sense of community, with volunteer opportunities and social events. It’s a great place to grow your career. Managers listen to feedback and implement positive changes.
Commented in March 23, 2024
15
2

Institutional Pharmacy Solutions LLC Overview

Website
www.ipspharmacy.com
Founded In
2004
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
3480 Eastern Blvd Montgomery Alabama AL 36116
Revenue
$10 Million - $50 Million
Phone Number
+1 3348194500
Social Media
About Institutional Pharmacy Solutions LLC
INSTITUTIONAL PHARMACY SOLUTIONS was founded in 2003 by Daniel Mims, in response to an unmet need for customized, quality, and effective on-site pharmacy services in the behavioral health industry. Established on a commitment to customization and superior customer service, IPS exists to craft individualized pharmacy solutions and to meet the unique needs of each facility we serve. In the past 10 y

What Benefits Does Institutional Pharmacy Solutions LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Institutional Pharmacy Solutions LLC 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 Montgomery?

Understanding the cost of living near Montgomery is key to truly evaluating a salary offer or your current compensation at Institutional Pharmacy Solutions LLC.
Montgomery's Cost of Living Index is approximately 77.4 (22.6% less expensive than US average; 5.9% less than AL average). Primary driver is very low housing costs. When planning your budget based on a salary from Institutional Pharmacy Solutions LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,300+ A significant portion of Institutional Pharmacy Solutions LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $50 (The M Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $500 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,880 - $3,240+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Institutional Pharmacy Solutions LLC

1. How much does Institutional Pharmacy Solutions LLC in the United States pay?

Institutional Pharmacy Solutions LLC pays its employees an average of $87,823 per year. The average salary at Institutional Pharmacy Solutions LLC range from $77,194 to $99,405 per year. 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 Institutional Pharmacy Solutions LLC employees get a higher salary than its peer company?

The salary at Institutional Pharmacy Solutions LLC is lesser than its peer company. The average annual salary at Institutional Pharmacy Solutions LLC is $87,823, or an hourly wage of $42, in comparison to Alpha Comm Enterprises Inc which pays $94,911 per year or $46 per hour.

3. What are the highest paying jobs at Institutional Pharmacy Solutions LLC?

The higher-paying job at Institutional Pharmacy Solutions LLC, according to our data, include Director of Pharmacy (avg. $161,070 per year), Pharmacy Director (avg. $161,070 per year), and Pharmacist (avg. $122,800 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Institutional Pharmacy Solutions LLC?

Salary progression with years of experience at Institutional Pharmacy Solutions LLC 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.

5. Do salaries at Institutional Pharmacy Solutions LLC vary by office location?

Yes, it's very likely that salaries at Institutional Pharmacy Solutions LLC 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 Montgomery section provides more context.

6. Does Institutional Pharmacy Solutions LLC offer good benefits?

Institutional Pharmacy Solutions LLC 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 Institutional Pharmacy Solutions LLC" section on this page.

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