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Phred's Drug Salary

Phred's Drug Salary

How much does the Phred's Drug Pay for employees?

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As of October 2026, the average monthly salary for employees at Phred's Drug in the United States is $8,529. This translates to an approximate annual wage of $102,347. Salaries at Phred's Drug typically range from $7,497 to $9,655 monthly, reflecting the diverse roles and experience levels within the company. Phred's Drug’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 Phred's Drug

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Is Phred's Drug’s Pay Competitive? Salary Benchmarking Analysis

How does Phred's Drug’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
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Average Salary ($/year)
Phred's Drug
Retail & Wholesale
Hdm Products Inc
Locatel
Industry Comparison
Our data shows that, on average, compensation at Phred's Drug is below the average for the U.S. Retail & Wholesale industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Phred's Drug average annual salary with several similar companies. Phred's Drug average salary of $102,347 is higher than Hdm Products Inc, which has an average salary of $100,238. It is higher than Locatel, with their average salary at $93,487. This places Phred's Drug in a competitive position among its peers.
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How Phred's Drug's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Phred's Drug

Considering a career at Phred's Drug? 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 job is straightforward with clear expectations. Friendly workplace culture. Schedules are predictable, and overtime is optional. The company offers good incentives, and management is open to feedback. The company invests in technology to streamline workflows, making daily tasks more efficient.
Commented in May 02, 2025
27
3
Joining this company was one of the best career decisions I’ve made. The company follows industry best practices. The leadership team is transparent about company goals, and employees are recognized for their contributions. It’s a decent place to work if you value consistency.
Commented in March 15, 2025
14
2
The leadership team is approachable, and there’s a strong sense of teamwork. The team is supportive, and management fosters a positive work culture. The training programs are thorough, and new hires receive proper onboarding. Highly recommend for anyone in Retail & Wholesale. The corporate policies are clear, and communication from leadership is consistent. Enjoy the flexible shifts. There are cle...
Commented in November 08, 2024
14
3
The work environment is energetic, and colleagues are supportive. I appreciate the work-life balance initiatives, including flexible scheduling and remote work options for certain roles. I’ve been with this company for several years, and it’s been a rewarding journey. The office environment is comfortable, and hybrid work options are available. Hard work is rewarded, and there are frequent team ap...
Commented in June 05, 2024
11
1
I’ve gained valuable knowledge and feel appreciated in my position. The pay is good, and advancement opportunities are available for those who seek them. Management communicates well, and the team is cooperative. Career growth is encouraged.
Commented in March 04, 2024
14
1

Phred's Drug Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Location
CRANSTON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Phred's Drug
Phred's Drug, Inc. operates as a pharmaceutical store. The Company retails prescription and proprietary drugs, non-prescription medicines, health aids, beauty products, and groceries. Phred's Drug serves clients in the State of Rhode Island.

What Benefits Does Phred's Drug Offer Beyond Salary?

A competitive compensation package is more than just a salary. Phred's Drug 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 Cranston?

Understanding the cost of living near Cranston is key to truly evaluating a salary offer or your current compensation at Phred's Drug.
Cranston's Cost of Living Index is approximately 107.1 (7.1% more expensive than US average; 1.3% less than RI average). Providence suburb, housing reflects metro demand. RIPTA bus. When planning your budget based on a salary from Phred's Drug, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Phred's Drug salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (RIPTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,840 - $4,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Phred's Drug

1. What is the typical salary range (low to high) for most roles at Phred's Drug?

The typical annual salary range for most roles at Phred's Drug is approximately from $89,958 to $115,854. 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. How much does Phred's Drug pay compared to Hdm Products Inc?

The average annual salary at Phred's Drug is $102,347, or an hourly wage of $49, in comparison to Hdm Products Inc which pays $100,238 per year or $48 per hour.

3. How does experience level affect salary at Phred's Drug?

Experience level is a significant factor in determining salary at Phred's Drug, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Phred's Drug in Cranston is fair given the local cost of living?

To determine if a salary offer from Phred's Drug in Cranston is fair, first compare the gross salary to our data for similar roles at Phred's Drug and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cranston" to understand its purchasing power.

5. Why might an individual's actual salary at Phred's Drug differ from the ranges shown here?

An individual's actual salary at Phred's Drug can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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