Boro Salary

Boro Salary

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As of April 2026, the average annual salary for employees at Boro in the United States is $93,751. This translates to an approximate hourly wage of $45. Salaries at Boro typically range from $82,234 to $106,233 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Boro Pay for Different Roles?

Explore detailed salary information for specific jobs at Boro. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $725,712. 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 Boro

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

Is Boro’s Pay Competitive? Salary Benchmarking Analysis

How does Boro'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
Pennock Hospital Mainstreet Savings Bank $92,232
-1.6%
Indicates identical technical requirements and experience levels between the two firms.
Peak Holding $95,892
+2.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
American International Finance $86,051
-8.2%
Normalized for lower cost-of-living zones where American International Finance primarily operates.
Exaloan AG $108,897
+16.2%
Adjusted for higher cost-of-living indices in Exaloan AG's primary metro hubs.
Financial Services Industry $121,514
+29.6%
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 Boro's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Boro

Considering a career at Boro? 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.
Cross-department collaboration is common, fostering a team-oriented environment. ERGs have executive sponsorship and budget. Digital workflows have eliminated most paper processes. Vacation requests are rarely denied. Having the right tools demonstrates respect for our work.
Commented in May 06, 2025
31
2
Reliable leadership during industry changes. The benefits are excellent, providing healthcare, wellness programs, and retirement plans. Their commitment to ethical investing and supporting philanthropic initiatives demonstrates a broader vision beyond just financial returns. Communication across the company is clear and consistent. Working at this financial services company means being part of a m...
Commented in June 03, 2024
31
0
The work environment is positive, collaborative, and encourages innovation. The culture is formal and hierarchical, with limited cross-department collaboration. It’s a predictable job environment suited for those who thrive in structure and are fine with fewer surprises. Collaboration is present and it is somehow encouraged beyond necessity.
Commented in January 30, 2024
36
1

Boro Overview

Website
www.getboro.com
Founded In
2015
Employees
<25 employees
Industry
Financial Services
Headquarter Address
500 W Madison St Chicago Illinois IL 60661
Revenue
$5 Million - $10 Million
Phone Number
+1 8008406604
Social Media
About Boro
Boro is a mobile financing app for college students who are discriminated against by mainstream lenders. Founded in 2015, Boro's proprietary non-FICO loan application process helps students obtain microloans and build their credit, even without a prior credit history or even a social security number. Boro loans help cover the small but critical expenses like textbooks, class fees, groceries, and t

What Benefits Does Boro Offer Beyond Salary?

A competitive compensation package is more than just a salary. Boro 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 Boro?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Boro.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Boro, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Boro salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Boro

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

Boro pays its employees an average of $93,751 per year. The average salary at Boro range from $82,234 to $106,233 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 Boro employees get a higher salary than its peer company?

The salary at Boro is higher than its peer company. The average annual salary at Boro is $93,751, or an hourly wage of $45, in comparison to Pennock Hospital Mainstreet Savings Bank which pays $92,232 per year or $44 per hour.

3. What are the highest paying jobs at Boro?

The higher-paying job at Boro, according to our data, include Chief Executive Officer (avg. $725,712 per year), Chief Operating Officer (avg. $423,351 per year), and Manager, Compliance (avg. $110,332 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

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

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

Yes, it's very likely that salaries at Boro 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 Chicago section provides more context.

6. Does Boro offer good benefits?

Boro 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 Boro" section on this page.

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