Craven Closeouts Inc Salary

As of September 2026, the average annual salary for employees at Craven Closeouts Inc in the United States is $95,354. This translates to an approximate hourly wage of $46. Salaries at Craven Closeouts Inc typically range from $83,865 to $107,831 annually, reflecting the diverse roles and experience levels within the company.
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Is Craven Closeouts Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Craven Closeouts Inc'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
Beas Flowers and Gifts LLC $80,101
-16.0%
Typical compensation structure for smaller regional agencies like Beas Flowers and Gifts LLC.
Advance Products Usa LLC $89,046
-6.6%
Normalized for lower cost-of-living zones where Advance Products Usa LLC primarily operates.
Scp Products Inc $92,137
-3.4%
Scp Products Inc focuses strategically on recruiting and training entry-level apprentices.
Miamix Products & Solutions LLC $91,230
-4.3%
Miamix Products & Solutions LLC may offer non-monetary perks in lieu of competitive base salaries.
Retail & Wholesale Industry $123,318
+29.3%
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 Craven Closeouts Inc

Considering a career at Craven Closeouts Inc? 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.
I’ve had a rewarding experience working here. I enjoy working here—great colleagues and a supportive management team. This company stands out in the retail industry for its employee-focused approach. The company also invests in technology to streamline operations, which makes daily tasks easier.
Career development opportunities are abundant, and managers are mentors. Benefits meet industry standards, and the pay is decent. The company fosters collaboration and innovation. The retail sector can be fast-paced, but the team collaboration makes it enjoyable. Career growth is possible if you take initiative, and internal promotions are common. The retail staff is friendly, and management is re...
Great place for career-driven individuals. The company provides necessary support, and the workload is reasonable. I’ve had a fulfilling experience working here. Compensation is fair, with regular performance reviews to ensure growth. Leadership is approachable and fair.

Craven Closeouts Inc Overview

Website
www.cravencloseouts.com
Founded In
1950
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1930 George St Melrose Park Illinois IL 60160
Revenue
$5 Million - $10 Million
Phone Number
+1 7083430500
Social Media
About Craven Closeouts Inc
A lot has changed over the last 60 years, but one thing has remained the same-customers have continued to trust Craven Closeouts for all their wholesale closeout liquidation needs and rely on our exceptional quality service...so much so, in fact, that we consistently maintain a top D&B rating. A Chicago-based family owned distributor specializing in the secondary market since 1950, we have earned

What Benefits Does Craven Closeouts Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Craven Closeouts Inc 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Craven Closeouts Inc.
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 Craven Closeouts Inc, 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 Craven Closeouts Inc 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 Craven Closeouts Inc

1. What is the typical salary range (low to high) for most roles at Craven Closeouts Inc?

The typical annual salary range for most roles at Craven Closeouts Inc is approximately from $83,865 to $107,831. 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 Craven Closeouts Inc pay compared to Beas Flowers and Gifts LLC?

The average annual salary at Craven Closeouts Inc is $95,354, or an hourly wage of $46, in comparison to Beas Flowers and Gifts LLC which pays $80,101 per year or $39 per hour.

3. Do salaries differ significantly between departments at Craven Closeouts Inc?

Yes, salaries often differ between departments at Craven Closeouts Inc 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 Craven Closeouts Inc?

Experience level is a significant factor in determining salary at Craven Closeouts Inc, 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 Craven Closeouts Inc in Chicago is fair given the local cost of living?

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

6. Are the salaries listed for Craven Closeouts Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Craven Closeouts Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.