| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Castle Bank , NA | $92,105 |
-1.8%
|
Confirms Castle Bank , NA is a direct competitor vying for the exact same talent pool. |
| Bangor Savings Bank branch | $87,105 |
-7.1%
|
Bangor Savings Bank branch may offer non-monetary perks in lieu of competitive base salaries. |
| Caminus Corp | $113,823 |
+21.3%
|
Reflects a supply-demand imbalance for the specific talent Caminus Corp targets. |
| Heinold Commodities Inc | $92,938 |
-0.9%
|
Suggests Heinold Commodities Inc utilizes a highly similar base-plus-benefits compensation model. |
| Financial Services Industry | $121,514 |
+29.5%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$92,105 / year
Salary Range: $80,740 - $104,441
Dekalb, IL
$87,105 / year
Salary Range: $76,360 - $98,783
Orono, ME
$113,823 / year
Salary Range: $99,791 - $129,085
New York City, NY
$92,938 / year
Salary Range: $81,473 - $105,392
St. Louis, MO
$100,449 / year
Salary Range: $88,062 - $113,915
Falls Village, CT
$88,920 / year
Salary Range: $77,991 - $100,758
Dallas, TX
$98,149 / year
Salary Range: $86,091 - $111,221
Sharon, MA
$86,240 / year
Salary Range: $75,645 - $97,722
Lake Placid, NY
$103,708 / year
Salary Range: $90,948 - $117,574
Boston, MA
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 - $1,250+ | A significant portion of Danske Commodities salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $260 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (BARTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $580+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,100 - $3,310+ | 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 Danske Commodities is approximately from $82,234 to $106,380. 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 Danske Commodities is $93,803, or an hourly wage of $45, in comparison to Castle Bank , NA which pays $92,105 per year or $44 per hour.
Experience level is a significant factor in determining salary at Danske Commodities, 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 Danske Commodities in Reading is fair, first compare the gross salary to our data for similar roles at Danske Commodities and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Reading" to understand its purchasing power.
Several key factors influence salary levels at Danske Commodities. 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: Danske Commodities likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.
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