BLOM Development Bank Salary

BLOM Development Bank Salary

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As of August 2026, the average annual salary for employees at BLOM Development Bank in the United States is $99,373. This translates to an approximate hourly wage of $48. Salaries at BLOM Development Bank typically range from $87,338 to $112,428 annually, reflecting the diverse roles and experience levels within the company.

How Much Does BLOM Development Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at BLOM Development Bank. Based on our data, the highest paying job is the Credit Officer, with an annual salary of $219,321. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at BLOM Development Bank

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

Is BLOM Development Bank’s Pay Competitive? Salary Benchmarking Analysis

How does BLOM Development Bank'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
Fulton Hill Properties $89,531
-9.9%
Fulton Hill Properties focuses strategically on recruiting and training entry-level apprentices.
Preserve Title Co $87,190
-12.3%
Preserve Title Co may offer non-monetary perks in lieu of competitive base salaries.
Mike Piazza Real Estate $96,187
-3.2%
Normalized for lower cost-of-living zones where Mike Piazza Real Estate primarily operates.
Ericson Mitchell Creative $87,432
-12.0%
Typical compensation structure for smaller regional agencies like Ericson Mitchell Creative.
Business Services Industry $120,931
+21.7%
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.

How BLOM Development Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at BLOM Development Bank. Click a company name to learn more.

Employee Reviews: Working at BLOM Development Bank

Considering a career at BLOM Development Bank? 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.
This company has provided a steady role with few surprises. Companytraining programs ensure consistent quality across all teams. The work can be repetitive, and there’s minimal variation in daily tasks. Managers are respectful but often too busy for regular check-ins. Great team culture and growth opportunities.
Commented in April 12, 2025
14
2
Friendly and professional coworkers daily. Culture here is top-notch. The workload is manageable, and we are encouraged to take our breaks. Managers are trained to coach and mentor, offering regular check-ins. A pleasure to work with—highly recommend their services!. Their consultants bring deep industry knowledge, helping us solve challenges efficiently. The total rewards package demonstrates how...
Commented in November 27, 2024
19
2
From day one, I felt welcomed and supported by my team. There’s a strong sense of community, and team outings help build relationships. Challenging work, but you're recognized for your efforts. The work here feels meaningful and well-supported.
Commented in March 31, 2024
48
2

BLOM Development Bank Overview

Website
www.blomdevelopment.com
Founded In
2005
Employees
<25 employees
Industry
Business Services
Headquarter Address
500 W Cummings Park Woburn Massachusetts MA 01801
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About BLOM Development Bank
BLOM DEVELOPMENT BANK is a full fledged Islamic bank that was established in February 2006 and became operational in March 2007. BLOM DEVELOPMENT BANK carries out its banking practices in compliance with the provision of the Islamic Sharia and pursuant to the instructions and regulations of the Lebanese Central Bank (Bank du Liban). BLOM DEVELOPMENT BANK also abides by the rules of its Sharia Boar

What Benefits Does BLOM Development Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. BLOM Development Bank 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)
Work at BLOM Development Bank?
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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 BLOM Development Bank.
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 BLOM Development Bank, 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 BLOM Development Bank 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 BLOM Development Bank

1. What is the typical salary range (low to high) for most roles at BLOM Development Bank?

The typical annual salary range for most roles at BLOM Development Bank is approximately from $87,338 to $112,428. 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 BLOM Development Bank pay compared to Fulton Hill Properties?

The average annual salary at BLOM Development Bank is $99,373, or an hourly wage of $48, in comparison to Fulton Hill Properties which pays $89,531 per year or $43 per hour.

3. Do salaries differ significantly between departments at BLOM Development Bank?

Yes, salaries often differ between departments at BLOM Development Bank 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 BLOM Development Bank?

Experience level is a significant factor in determining salary at BLOM Development Bank, 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 BLOM Development Bank in Boston is fair given the local cost of living?

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

6. What factors influence salary increases at BLOM Development Bank?

Salary increases at BLOM Development Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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