| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| David Floyd & Associates Inc | $82,158 |
+0.3%
|
Suggests David Floyd & Associates Inc utilizes a highly similar base-plus-benefits compensation model. |
| MY Wealth Management Inc | $95,238 |
+16.3%
|
Supported by MY Wealth Management Inc's high-margin contracts allowing higher overhead. |
| Athena Wealth Management LLC | $87,137 |
+6.4%
|
Influenced by prevailing union wage agreements specific to Athena Wealth Management LLC's sector. |
| Guru Graphics Group | $90,417 |
+10.4%
|
Driven by niche technical certifications required for Guru Graphics Group's specialized projects. |
| Business Services Industry | $120,931 |
+47.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$82,158 / year
Salary Range: $72,209 - $92,954
Brentwood, TN
$95,238 / year
Salary Range: $83,709 - $107,745
Germantown, MD
$87,137 / year
Salary Range: $76,589 - $98,588
Athens, GA
$90,417 / year
Salary Range: $79,466 - $102,295
Denver, CO
$86,588 / year
Salary Range: $76,103 - $97,966
Austin, TX
$85,439 / year
Salary Range: $75,095 - $96,661
New Freedom, PA
$89,605 / year
Salary Range: $78,761 - $101,380
Las Vegas, NV
$83,203 / year
Salary Range: $73,134 - $94,137
Youngstown, OH
$88,139 / year
Salary Range: $77,459 - $99,710
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $850 - $1,300+ | A significant portion of Compass Wealth Services salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (MATA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $370 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,130 - $3,410+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Compass Wealth Services is approximately from $71,989 to $92,674. 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.
The average annual salary at Compass Wealth Services is $81,916, or an hourly wage of $39, in comparison to David Floyd & Associates Inc which pays $82,158 per year or $39 per hour.
Experience level is a significant factor in determining salary at Compass Wealth Services, 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.
To determine if a salary offer from Compass Wealth Services in Memphis is fair, first compare the gross salary to our data for similar roles at Compass Wealth Services and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Memphis" to understand its purchasing power.
Several key factors influence salary levels at Compass Wealth Services. 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: Compass Wealth Services 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.
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