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Fara Recovery Salary

Fara Recovery Salary

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As of October 2026, the average annual salary for employees at Fara Recovery in the United States is $107,009. This translates to an approximate hourly wage of $51. Salaries at Fara Recovery typically range from $94,054 to $121,073 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Fara Recovery Pay for Different Roles?

Explore detailed salary information for specific jobs at Fara Recovery. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $828,347. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Fara Recovery’s Pay Competitive? Salary Benchmarking Analysis

How does Fara Recovery'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
Asana BioSciences LLC $100,027
-6.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Kairos and Associates Inc $93,065
-13.0%
Normalized for lower cost-of-living zones where Kairos and Associates Inc primarily operates.
Century21 Redwood Realty $98,466
-8.0%
Century21 Redwood Realty operates with a leaner overhead structure, impacting base wage offers.
Sirius innovate $84,437
-21.1%
Sirius innovate may offer non-monetary perks in lieu of competitive base salaries.
Business Services Industry $120,931
+13.0%
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.

How Fara Recovery's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Fara Recovery. Click a company name to learn more.

Employee Reviews: Working at Fara Recovery

Considering a career at Fara Recovery? 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.
Efficient systems make tasks easier. The company has established processes for most tasks, which ensures consistency in our service delivery. This inclusive approach to decision-making leads to better outcomes and makes me feel like a true partner in our success, not just an employee. Balanced workload and recognition.
Commented in May 04, 2025
8
3
I genuinely enjoy coming to work and feel motivated by the culture, leadership, and people I interact with every day. It’s a dynamic place where your contributions are noticed and appreciated, which is motivating every day for our team. A culture of continuous improvement keeps us all sharp.
Commented in March 23, 2025
47
3
Management genuinely invests in developing talent - I've had access to leadership training, skills workshops, and even tuition reimbursement for relevant certifications. The company promotes a healthy work-life balance and actively supports career growth through training programs. Excellent benefits and wellness programs. I always know where I stand and how I can improve. It’s a good starting poin...
Commented in October 28, 2024
48
1

Fara Recovery Overview

Website
www.fararecovery.com
Founded In
2019
Employees
<25 employees
Industry
Business Services
Headquarter Address
1325 Avenue of the Americas New York City New York NY 10019
Revenue
<$5 Million
Phone Number
+1 6464800779
Social Media
About Fara Recovery
FARA Recovery is an acquirer of corporate entities with legacy liabilities exposure (e.g., asbestos and other toxic torts; product recalls; certain environmental matters; etc.)Our approach offers companies restructuring solutions that remove the liabilities from their balance sheets.FARA Recovery provides unique solutions, cost benefits, balance sheet positive impacts, the breakdown of capital bar

What Benefits Does Fara Recovery Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fara Recovery 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)
Work at Fara Recovery?
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Fara Recovery.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Fara Recovery, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Fara Recovery salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Fara Recovery

1. What is the estimated average total compensation at Fara Recovery?

Salary.com estimates that the average total compensation package at Fara Recovery, which can include base salary, potential bonuses, and benefits, is around $107,009 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Fara Recovery pay compared to Asana BioSciences LLC?

The average annual salary at Fara Recovery is $107,009, or an hourly wage of $51, in comparison to Asana BioSciences LLC which pays $100,027 per year or $48 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Fara Recovery?

Salary progression from an entry-level to a senior role at Fara Recovery can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Fara Recovery in New York is fair given the local cost of living?

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

5. Are promotions at Fara Recovery usually accompanied by a significant salary increase?

Yes, promotions at Fara Recovery are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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