Ferrari Lake Forest Salary

As of May 2026, the average annual salary for employees at Ferrari Lake Forest in the United States is $93,550. This translates to an approximate hourly wage of $45. Salaries at Ferrari Lake Forest typically range from $82,270 to $105,782 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Ferrari Lake Forest

Ready for your next career move? Explore current job openings at Ferrari Lake Forest. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Ferrari Lake Forest’s Pay Competitive? Salary Benchmarking Analysis

How does Ferrari Lake Forest'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
Ray Niebes Chevrolet Inc $102,157
+9.2%
Supported by Ray Niebes Chevrolet Inc's high-margin contracts allowing higher overhead.
Dionysos Imports Inc $100,786
+7.7%
Reflects structural premiums typical of Dionysos Imports Inc's large-cap national operations.
Farrow Harley-Davidson $89,310
-4.5%
Farrow Harley-Davidson operates with a leaner overhead structure, impacting base wage offers.
Dakota Wholesale Tire Inc $85,702
-8.4%
Typical compensation structure for smaller regional agencies like Dakota Wholesale Tire Inc.
Retail & Wholesale Industry $123,318
+31.8%
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 Ferrari Lake Forest

Considering a career at Ferrari Lake Forest? 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.
The work environment is clean and well-maintained. The leadership team is engaged and approachable. The hybrid work model (for corporate roles) is a great perk, allowing flexibility. The company maintains a professional work environment.
The company also hosts regular team-building events, which foster a strong sense of community. Training is available for new processes, and the benefits package meets basic needs. The Retail & Wholesale industry is demanding, but the company provides ample resources to help employees thrive. The pay aligns with industry standards, and schedules are consistent. It’s a decent option if you value sta...
Hours fit my schedule well. I highly recommend this company to anyone looking for stability and growth. Steady workload.

Ferrari Lake Forest Overview

Website
www.ferrarilakeforest.com
Founded In
1981
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
990 W North Shore Dr Lake Bluff Illinois IL 60044
Revenue
$5 Million - $10 Million
Phone Number
+1 8472956560
Social Media
About Ferrari Lake Forest
Ferrari Lake Forest offers exciting Ferrari cars and exceptional performance vehicles, with an expert service center trained to handle your precision autos.

What Benefits Does Ferrari Lake Forest Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ferrari Lake Forest 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 Ferrari Lake Forest.
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 Ferrari Lake Forest, 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 Ferrari Lake Forest 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 Ferrari Lake Forest

1. What is the typical salary range (low to high) for most roles at Ferrari Lake Forest?

The typical annual salary range for most roles at Ferrari Lake Forest is approximately from $82,270 to $105,782. 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 Ferrari Lake Forest pay compared to Ray Niebes Chevrolet Inc?

The average annual salary at Ferrari Lake Forest is $93,550, or an hourly wage of $45, in comparison to Ray Niebes Chevrolet Inc which pays $102,157 per year or $49 per hour.

3. Do salaries differ significantly between departments at Ferrari Lake Forest?

Yes, salaries often differ between departments at Ferrari Lake Forest 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 Ferrari Lake Forest?

Experience level is a significant factor in determining salary at Ferrari Lake Forest, 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 Ferrari Lake Forest in Chicago is fair given the local cost of living?

To determine if a salary offer from Ferrari Lake Forest in Chicago is fair, first compare the gross salary to our data for similar roles at Ferrari Lake Forest 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. What are the key factors that influence salary levels at Ferrari Lake Forest?

Several key factors influence salary levels at Ferrari Lake Forest. 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: Ferrari Lake Forest likely benchmarks its salaries against other companies in the Retail & Wholesale sector. You can explore how these factors play out in our detailed salary data.