Ferrum Technology Services LLC Salary

Ferrum Technology Services LLC Salary

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As of April 2026, the average annual salary for employees at Ferrum Technology Services LLC in the United States is $96,820. This translates to an approximate hourly wage of $47. Salaries at Ferrum Technology Services LLC typically range from $85,312 to $109,221 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ferrum Technology Services LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Ferrum Technology Services LLC. Based on our data, the highest paying job is the Managing Partner, with an annual salary of $153,414. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Ferrum Technology Services LLC

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

Is Ferrum Technology Services LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Ferrum Technology Services LLC'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
Fidelity Networks LLC $84,553
-12.7%
Normalized for lower cost-of-living zones where Fidelity Networks LLC primarily operates.
AOF Engineering Systems $91,166
-5.8%
Reflects market rates for standard general contracting, differing from specialized roles.
TechnoLava LLC $97,432
+0.6%
Confirms TechnoLava LLC is a direct competitor vying for the exact same talent pool.
Cheshire Business Systems Ltd $103,708
+7.1%
Driven by niche technical certifications required for Cheshire Business Systems Ltd's specialized projects.
Software & Networking Industry $126,859
+31.0%
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 Ferrum Technology Services LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ferrum Technology Services LLC

Considering a career at Ferrum Technology Services LLC? 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 management is supportive and provides ample opportunities for growth. Benefits are strong, making it a great long-term employer. The company also encourages internal promotions, which is motivating. I’ve received great mentorship and have been able to advance my career here. While there aren’t many standout perks, the basics like health insurance and paid leave are covered adequately.
Commented in March 11, 2025
25
1
The Retail & Wholesale industry is fast-moving, but this company ensures employees are supported. Overall, it’s a rewarding place to build a career. The workplace is steady, with a professional atmosphere. This company stands out in the Retail & Wholesale space for its employee-centric approach. While there are standard training programs, I feel there could be more specialized skill development op...
Commented in May 16, 2024
15
1
The retail sector can be demanding, but teamwork makes it manageable. Consistent workflow. I appreciate the flexible scheduling options, making it easier to balance personal and professional life.
Commented in February 06, 2024
25
3

Ferrum Technology Services LLC Overview

Website
www.ferrumit.com
Founded In
2005
Employees
<25 employees
Industry
Software & Networking
Headquarter Address
3656 Broadleaf Ave Elgin Illinois IL 60124
Revenue
<$5 Million
Phone Number
+1 8476973282
Social Media
About Ferrum Technology Services LLC
Ferrum Technology Services implements business communication solutions and is an outsourced IT service provider serving clients throughout the Northern Illinois market. Ferrum Technology Services is dedicated to helping small and medium-sized businesses (SMBs) achieve their long-term goals through our Managed IT Services program, for the best application and management of information technology. W

What Benefits Does Ferrum Technology Services LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ferrum Technology Services LLC 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 Ferrum Technology Services LLC?
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What Is the Cost of Living Near Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at Ferrum Technology Services LLC.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from Ferrum Technology Services LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of Ferrum Technology Services LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ferrum Technology Services LLC

1. What is the average salary for employees at Ferrum Technology Services LLC?

The average annual total compensation for employees at Ferrum Technology Services LLC is approximately $96,820. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,312 to $109,221, depending on factors like job role, experience, and location.

2. How much does Ferrum Technology Services LLC pay compared to Fidelity Networks LLC?

The average annual salary at Ferrum Technology Services LLC is $96,820, or an hourly wage of $47, in comparison to Fidelity Networks LLC which pays $84,553 per year or $41 per hour.

3. What is the lowest salary at Ferrum Technology Services LLC?

The lowest-paying job at Ferrum Technology Services LLC is an It Help Desk Technician with a salary of $51,510 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Ferrum Technology Services LLC?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Ferrum Technology Services LLC for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Ferrum Technology Services LLC offer cost-of-living adjustments (COLA) for employees in high-cost areas like Elgin?

While some companies offer formal COLA, many, including potentially Ferrum Technology Services LLC, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Ferrum Technology Services LLC?

Most companies, likely including Ferrum Technology Services LLC, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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