Praxis Precision Medicines Inc Salary

Praxis Precision Medicines Inc Salary

How much does the Praxis Precision Medicines Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Praxis Precision Medicines Inc in the United States is $120,215. This translates to an approximate hourly wage of $58. Salaries at Praxis Precision Medicines Inc typically range from $105,820 to $135,901 annually, reflecting the diverse roles and experience levels within the company. Praxis Precision Medicines 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 Praxis Precision Medicines Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Praxis Precision Medicines 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.
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Current Job Openings at Praxis Precision Medicines Inc

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

Is Praxis Precision Medicines Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Praxis Precision Medicines Inc’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
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Average Salary ($/year)
Praxis Precision Medicines Inc
Pharmaceuticals
North CarolinaLifeScience.com
Imprimis Pharmaceuticals Inc
Industry Comparison
Our data shows that, on average, compensation at Praxis Precision Medicines Inc is below the average for the U.S. Pharmaceuticals industry by approximately 10%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Praxis Precision Medicines Inc average annual salary with several similar companies. Praxis Precision Medicines Inc average salary of $120,215 is higher than North CarolinaLifeScience.com, which has an average salary of $102,083. It is higher than Imprimis Pharmaceuticals Inc, with their average salary at $113,971. This places Praxis Precision Medicines Inc in a competitive position among its peers.
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How Praxis Precision Medicines Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Praxis Precision Medicines Inc

Considering a career at Praxis Precision Medicines 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 provides a stable environment for pharmaceutical professionals. The management is transparent about company goals, which makes employees feel involved. Projects are challenging but rewarding. Always learning new things in pharmaceuticals. Decent workplace.
Commented in March 01, 2025
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Training sessions are useful, though more specialized programs would be beneficial. The pay is fair, and the workload is manageable. The work-life balance is reasonable, and the projects are meaningful. Compensation is fair, and the bonus structure is motivating. The leadership team is supportive and transparent, ensuring everyone understands the company’s vision. While innovation could be encoura...
Commented in September 19, 2024
11
3
The office space is designed for productivity, with quiet zones and collaborative areas. The team is collaborative, and there’s a strong emphasis on professional growth. Employees are treated with respect, and there’s a strong sense of purpose.
Commented in March 20, 2024
30
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Praxis Precision Medicines Inc Overview

Website
www.praxismedicines.com
Founded In
2015
Employees
100 - 200 employees
Industry
Pharmaceuticals
Headquarter Address
99 High St Boston Massachusetts MA 02110
Revenue
$10 Million - $50 Million
Phone Number
+1 6173008460
Social Media
About Praxis Precision Medicines Inc
Praxis Precision Medicines is a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for CNS disorders characterized by neuronal excitation-inhibition imbalance. Praxis is applying insights from genetic epilepsies to both rare and more prevalent neurological and psychiatric disorders, using our understanding of shared biological targets and circui

What Benefits Does Praxis Precision Medicines Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Praxis Precision Medicines 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Praxis Precision Medicines Inc.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Praxis Precision Medicines Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Praxis Precision Medicines Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Praxis Precision Medicines Inc

1. How much does Praxis Precision Medicines Inc in the United States pay?

Praxis Precision Medicines Inc pays its employees an average of $120,215 per year. The average salary at Praxis Precision Medicines Inc range from $105,820 to $135,901 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 Praxis Precision Medicines Inc employees get a higher salary than its peer company?

The salary at Praxis Precision Medicines Inc is higher than its peer company. The average annual salary at Praxis Precision Medicines Inc is $120,215, or an hourly wage of $58, in comparison to North CarolinaLifeScience.com which pays $102,083 per year or $49 per hour.

3. What are the highest paying jobs at Praxis Precision Medicines Inc?

The higher-paying job at Praxis Precision Medicines Inc, according to our data, include General Counsel (avg. $424,048 per year), Medical Director, Clinical Development (avg. $359,912 per year), and Associate Director, Medical Writing (avg. $335,588 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Praxis Precision Medicines Inc?

Salary progression with years of experience at Praxis Precision Medicines 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.

5. Do salaries at Praxis Precision Medicines Inc vary by office location?

Yes, it's very likely that salaries at Praxis Precision Medicines 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 Boston section provides more context.

6. Does Praxis Precision Medicines Inc offer good benefits?

Praxis Precision Medicines 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 Praxis Precision Medicines Inc" section on this page.

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