RxPreferred Salary

How much does the RxPreferred Pay for employees?

As of August 2026, the average monthly salary for employees at RxPreferred in the United States is $7,011. This translates to an approximate annual wage of $84,131. Salaries at RxPreferred typically range from $6,166 to $7,928 monthly, reflecting the diverse roles and experience levels within the company. RxPreferred’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 RxPreferred Pay for Different Roles?

Explore detailed salary information for specific jobs at RxPreferred. 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 RxPreferred

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

Is RxPreferred’s Pay Competitive? Salary Benchmarking Analysis

How does RxPreferred’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)
RxPreferred
Retail & Wholesale
Saikang Medical Technology Inc
Tread Connection LLC
Industry Comparison
Our data shows that, on average, compensation at RxPreferred is below the average for the U.S. Retail & Wholesale industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared RxPreferred average annual salary with several similar companies. RxPreferred average salary of $84,131 is lower than Saikang Medical Technology Inc, which has an average salary of $99,594. It is lower than Tread Connection LLC, with their average salary at $88,213. This places RxPreferred in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at RxPreferred

Considering a career at RxPreferred? 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 provides a consistent routine with a fair workload. The work culture is positive, making every day enjoyable. The company fosters a collaborative environment where teamwork is encouraged. The retail discounts are a nice benefit, and the company promotes from within, which is motivating.
The company also promotes work-life balance, offering flexible hours when possible. The benefits package is a strong advantage. It’s a decent place to work if you value consistency. Leadership is transparent about company goals, which keeps everyone aligned. The team is cooperative, and managers are fair in their approach. Flexible scheduling options make balancing work and personal life easier. W...
I’ve had the chance to attend workshops and take on leadership roles, which have been valuable for my career. The wholesale division is efficient, and managers are open to feedback. The Retail & Wholesale industry can be challenging, but the leadership team provides strong direction. While there aren’t many standout perks, the job stability is good. The work environment is structured, and processe...

RxPreferred Overview

Website
www.rxpreferred.com
Founded In
2011
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
2520 N Mount Juliet Rd Mount Juliet Tennessee TN 37122
Revenue
<$5 Million
Phone Number
+1 6158237757
Social Media
About RxPreferred
RxPreferred Benefits (www.rxpreferred.com) is a privately held pharmacy benefit manager founded, and solely owned, by independent pharmacy representatives. RxPreferred offers a full line of pharmacy benefit management solutions for employer groups, municipalities, school districts and third party administrators focused on guaranteed savings and cost-containment strategies. Its SurgicalMeds divisio

What Benefits Does RxPreferred Offer Beyond Salary?

A competitive compensation package is more than just a salary. RxPreferred 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Nashville?

Understanding the cost of living near Nashville is key to truly evaluating a salary offer or your current compensation at RxPreferred.
Nashville's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 14.7% more than TN average). 'Music City', major growth, housing costs above US avg. WeGo Public Transit. When planning your budget based on a salary from RxPreferred, 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 RxPreferred salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (WeGo 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 $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,945 - $4,685+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of RxPreferred

1. How much does RxPreferred in the United States pay?

RxPreferred pays its employees an average of $84,131 per year. The average salary at RxPreferred range from $73,996 to $95,137 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 RxPreferred employees get a higher salary than its peer company?

The salary at RxPreferred is lesser than its peer company. The average annual salary at RxPreferred is $84,131, or an hourly wage of $40, in comparison to Saikang Medical Technology Inc which pays $99,594 per year or $48 per hour.

3. What are the highest paying jobs at RxPreferred?

The higher-paying job at RxPreferred, according to our data, include President & Chief Executive Officer (avg. $651,247 per year), Chief Operating Officer (avg. $379,911 per year), and Vice President, Operations (avg. $247,811 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at RxPreferred?

Salary progression with years of experience at RxPreferred 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 RxPreferred vary by office location?

Yes, it's very likely that salaries at RxPreferred 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 Nashville section provides more context.

6. Does RxPreferred offer good benefits?

RxPreferred 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 RxPreferred" section on this page.