President Salary at Cidrines BETA

How much does a Cidrines President make?

As of December 2024, the average annual salary for a President at Cidrines is $711,995, which translates to approximately $342 per hour. Salaries for President at Cidrines typically range from $545,943 to $895,505, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

Website:
cidrines.com
Size:
<25 Employees
Revenue:
$10M - $50M
Industry:
MFG Nondurable

Cidrines was founded in Arecibo in 1978 by two brothers, Manuel and Guillermo Cidre. That same year, they opened their first store specializing in bread, pastries, sandwiches and hors d'oeuvres. Their famous "Quesitos" and "Sobao" bread became the favorites of all over the Island, who travelled to Arecibo to find these delicious products. For their commitment to service and quality, Cidrines, quickly earned the patronage of not only the town of Arecibo, but also the rest of the Island. In August of 1982, they opened their second store in San Juan, becoming the first bakery to expand to the capital of Puerto Rico. By 1985, Cidrines became the first and only chain of bread stores and bakeries in Puerto Rico under the same name. In order to maintain uniformity of the products in its stores, Cidrines established a manufacturing operation in the Zeno Gandia Industrial Park of Arecibo. In the beginning they had 4,000 square feet to make the breads and "quesitos" that they sold in their stores. In 1990, they centralized all of the bread and pastry production, increased the size of their facility to 20,000 square feet and invested in machinery and equipment. Cidrines Bakery was the first company outside of North American territories to have a blast freezer, as well as the most advanced sheet pastry machine and cold integrated pastry finishing line. As a result of these investments, they then had the additional capacity to allow development of the concept "Having a bread store is as easy as calling 1-800-DAMEPAN". This novel concept was initially accepted by small grocery stores and supermarkets, and then by the large chain stores, discount warehouses, independent bread stores and fast food businesses. It gave them the opportunity to offer a well recognized brand without the need to invest in equipment, machinery or to hire specialized personnel. With the intention of increasing the production capacity and sales in the local market and pastry exportation, in 2000 Cidrines acquired the Rademaker dough rolling with cold ...

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What Skills Does a person Need at Cidrines?

At Cidrines, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at Cidrines

Job Title Average Cidrines Salary Hourly Rate
2 Accounts Payable $41,832 $20
3 Director, Business Development $172,680 $83
4 HR Coordinator $64,436 $31
5 Marketing Coordinator $71,796 $35
6 Chief Executive Officer $711,995 $342
7 Chief Operating Officer $415,349 $200
8 Account Receivable $40,751 $20
9 Advisor $45,541 $22
10 Customer Service Representative $32,405 $16
11 Director, Operations $161,390 $78
12 Director, Plant Operations $157,528 $76

Hourly Pay at Cidrines

The average hourly pay at Cidrines for a President is $342 per hour. The location, department, and job description all have an impact on the typical compensation for Cidrines positions. The pay range and total remuneration for the job title are shown in the table below. Cidrines may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $711,995 look to you?

FAQ about Salary and Jobs at Cidrines

1. How much does Cidrines pay per hour?
The average hourly pay is $342. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Cidrines?
According to the data, the highest approximate salary is about $895,505 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Cidrines?
According to the data, the lowest estimated salary is about $545,943 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.