Drake & Associates Ltd Salary

As of August 2026, the average annual salary for employees at Drake & Associates Ltd in the United States is $84,975. This translates to an approximate hourly wage of $41. Salaries at Drake & Associates Ltd typically range from $74,637 to $96,332 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Drake & Associates Ltd

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Is Drake & Associates Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Drake & Associates Ltd'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
Casa La Femme $105,912
+24.6%
Driven by niche technical certifications required for Casa La Femme's specialized projects.
Diamond Sporting Group $83,150
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
Bear Springs Hotel $93,487
+10.0%
Supported by Bear Springs Hotel's high-margin contracts allowing higher overhead.
Little Red Inn $87,380
+2.8%
Confirms Little Red Inn is a direct competitor vying for the exact same talent pool.
Hospitality & Leisure Industry $122,562
+44.2%
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 Drake & Associates Ltd

Considering a career at Drake & Associates Ltd? 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.
While the role doesn’t have many surprises, it’s stable and provides consistent hours. A standout employer in hospitality. While the job can be repetitive at times, it’s stable. The workplace is professional, with clear policies. The company values its employees and offers strong benefits.
Communication from upper management is consistent, though not always detailed. Communication from HR is timely, and safety protocols are strictly followed. Enjoy the fast-paced setting. The company follows industry norms, and the daily operations run smoothly. Rewarding work with great client interactions. It’s a rewarding place to work in hospitality.
The workplace is well-managed with clear expectations. The benefits are competitive, and teamwork is encouraged. The training programs are thorough, ensuring we’re well-prepared for our roles.

Drake & Associates Ltd Overview

Website
www.drakelodge.com
Founded In
2009
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
82112 Ehringhaus Chapel Hill North Carolina NC 27517
Revenue
<$5 Million
Phone Number
+1 9199699901
Social Media
About Drake & Associates Ltd
Drake & Associates Ltd is a company that operates in the Leisure, Travel & Tourism industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Chapel Hill, North Carolina.

What Benefits Does Drake & Associates Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake & Associates Ltd 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 Chapel Hill?

Understanding the cost of living near Chapel Hill is key to truly evaluating a salary offer or your current compensation at Drake & Associates Ltd.
Chapel Hill's Cost of Living Index is approximately 117.3 (17.3% more expensive than US average; 22.2% more than NC average). Home to UNC-Chapel Hill, very desirable, high housing costs. Chapel Hill Transit (free). When planning your budget based on a salary from Drake & Associates Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Drake & Associates Ltd salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Free local bus (Chapel Hill Transit) 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) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,910 - $4,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake & Associates Ltd

1. How much does a Drake & Associates Ltd employee make?

Drake & Associates Ltd pays its employees an average of $84,975 per year. The average salary at Drake & Associates Ltd range from $74,637 to $96,332 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. Which similar company tend to pay more or less than Drake & Associates Ltd?

The salary at Drake & Associates Ltd is lesser than the similar company. The average annual salary at Drake & Associates Ltd is $84,975, or an hourly wage of $41, in comparison to Casa La Femme which pays $105,912 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Drake & Associates Ltd?

In many roles at Drake & Associates Ltd, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Chapel Hill affect the perceived value of a Drake & Associates Ltd salary?

Chapel Hill's Cost of Living Index is approximately 117.3 (17.3% more expensive than US average; 22.2% more than NC average). This significantly impacts the purchasing power of a salary from Drake & Associates Ltd based there. Our "Cost of Living Insights for Chapel Hill" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Drake & Associates Ltd typically offer employees?

Drake & Associates Ltd generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Drake & Associates Ltd" section on this page.