Anchor Payroll & Benefit Solutions Salary

As of July 2026, the average annual salary for employees at Anchor Payroll & Benefit Solutions in the United States is $99,700. This translates to an approximate hourly wage of $48. Salaries at Anchor Payroll & Benefit Solutions typically range from $87,622 to $112,794 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Anchor Payroll & Benefit Solutions Pay for Different Roles?

Explore detailed salary information for specific jobs at Anchor Payroll & Benefit Solutions. Based on our data, the highest paying job is the President, with an annual salary of $771,763. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Anchor Payroll & Benefit Solutions

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

Is Anchor Payroll & Benefit Solutions’s Pay Competitive? Salary Benchmarking Analysis

How does Anchor Payroll & Benefit Solutions's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Tekxel LLC $84,890
-14.9%
Tekxel LLC may offer non-monetary perks in lieu of competitive base salaries.
Partyka & Company PC $90,164
-9.6%
Partyka & Company PC operates with a leaner overhead structure, impacting base wage offers.
Burleson & Earley Pa $81,188
-18.6%
Burleson & Earley Pa likely leverages performance bonuses over the high base salary shown here.
VARC Solutions $88,255
-11.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Business Services Industry $120,931
+21.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Anchor Payroll & Benefit Solutions

Considering a career at Anchor Payroll & Benefit Solutions? 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 offers visible career paths. Some teams were very prompt while others took longer. Brainstorming sessions are collaborative, and the best ideas are always put into action. Efficient systems make tasks easier. The company offers a fantastic employee discount program.
The organization truly supports long-term growth. This makes it easy to adapt to new challenges and contribute effectively right away, without the usual friction of internal changes. While it isn’t the most exciting place, it's reliable and professional. The company has strong financial stability, which provides a great sense of job security.
Innovative projects keep work exciting. Even after onboarding, there are regular check-ins to assess progress. Leadership invests in people, encouraging innovation without fear of failure. Our team leader is fantastic at empowering us. Communication is transparent, with regular updates from top leadership. My first week included a comprehensive orientation, assigned mentor, and gradual ramp-up of ...

Anchor Payroll & Benefit Solutions Overview

Website
www.anchorpays.com
Founded In
2009
Employees
<25 employees
Industry
Business Services
Headquarter Address
350 Clark Dr Budd Lake New Jersey NJ 07828
Revenue
<$5 Million
Phone Number
+1 8006607089
Social Media
About Anchor Payroll & Benefit Solutions
Anchor Payroll and Benefit Solutions is a Payroll, Human Resource and Time & Attendance service provider that specializes in small to mid-sized businesses. While we are located in the tri-state area, with offices in New York and New Jersey, we service accounts nationwide.

What Benefits Does Anchor Payroll & Benefit Solutions Offer Beyond Salary?

A competitive compensation package is more than just a salary. Anchor Payroll & Benefit Solutions 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 Hackensack?

Understanding the cost of living near Hackensack is key to truly evaluating a salary offer or your current compensation at Anchor Payroll & Benefit Solutions.
Hackensack's Cost of Living Index is approximately 121.8 (21.8% more expensive than US average; 6.7% more than NJ average). Bergen County seat, medical hub, housing high. NJ Transit. When planning your budget based on a salary from Anchor Payroll & Benefit Solutions, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Anchor Payroll & Benefit Solutions salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,280 - $5,050+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Anchor Payroll & Benefit Solutions

1. What is the typical salary range (low to high) for most roles at Anchor Payroll & Benefit Solutions?

The typical annual salary range for most roles at Anchor Payroll & Benefit Solutions is approximately from $87,622 to $112,794. 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 Anchor Payroll & Benefit Solutions pay compared to Tekxel LLC?

The average annual salary at Anchor Payroll & Benefit Solutions is $99,700, or an hourly wage of $48, in comparison to Tekxel LLC which pays $84,890 per year or $41 per hour.

3. Do salaries differ significantly between departments at Anchor Payroll & Benefit Solutions?

Yes, salaries often differ between departments at Anchor Payroll & Benefit Solutions due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Anchor Payroll & Benefit Solutions?

Experience level is a significant factor in determining salary at Anchor Payroll & Benefit Solutions, 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.

5. How can I determine if a salary offer from Anchor Payroll & Benefit Solutions in Hackensack is fair given the local cost of living?

To determine if a salary offer from Anchor Payroll & Benefit Solutions in Hackensack is fair, first compare the gross salary to our data for similar roles at Anchor Payroll & Benefit Solutions and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Hackensack" to understand its purchasing power.

6. What are the key factors that influence salary levels at Anchor Payroll & Benefit Solutions?

Several key factors influence salary levels at Anchor Payroll & Benefit Solutions. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Anchor Payroll & Benefit Solutions likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.