Foodservice IP Salary

As of August 2026, the average annual salary for employees at Foodservice IP in the United States is $95,892. This translates to an approximate hourly wage of $46. Salaries at Foodservice IP typically range from $84,332 to $108,440 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Foodservice IP Pay for Different Roles?

Explore detailed salary information for specific jobs at Foodservice IP. Based on our data, the highest paying job is the Managing Principal, with an annual salary of $168,256. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Foodservice IP

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

Is Foodservice IP’s Pay Competitive? Salary Benchmarking Analysis

How does Foodservice IP'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
Champs Medical $87,801
-8.4%
Champs Medical operates with a leaner overhead structure, impacting base wage offers.
Uncommon Threads $95,955
+0.1%
Confirms Uncommon Threads is a direct competitor vying for the exact same talent pool.
TP Logos LLC $89,974
-6.2%
TP Logos LLC may offer non-monetary perks in lieu of competitive base salaries.
MAG Systems Inc $102,358
+6.7%
Reflects structural premiums typical of MAG Systems Inc's large-cap national operations.
Retail & Wholesale Industry $123,318
+28.6%
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 Foodservice IP

Considering a career at Foodservice IP? 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.
Great leadership and clear communication make this company stand out. The workplace is diverse and inclusive, making it a comfortable environment. The wholesale operations are streamlined, and teamwork is emphasized. I appreciate the open communication from leadership.
The leadership encourages innovation, and employees’ ideas are often considered. I also appreciate the company’s commitment to diversity and inclusion—it’s refreshing to work in such an open-minded environment. Leadership is transparent, making it a motivating workplace. A fantastic place to work with a great team. I’ve had a great experience working here. The pay is competitive, and the employee ...
The compensation is fair, and there are frequent incentives for high performance. I’ve developed valuable skills since joining. Benefits are competitive, and the workload is manageable. Regular check-ins ensure job satisfaction, and bonuses reward performance.

Foodservice IP Overview

Website
www.foodserviceip.com
Founded In
2016
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
980 N Michigan Ave Chicago Illinois IL 60611
Revenue
<$5 Million
Phone Number
+1 3126005131
Social Media
About Foodservice IP
"Foodservice IP helped us with two research projects which had very tight time-frames and they pulled them together flawlessly. I was very impressed with their attention to detail and organized approach to get us feedback from the marketplace to help us with a critical business decision. Thanks Foodservice IP, we will call on you again when we need another research project done."

What Benefits Does Foodservice IP Offer Beyond Salary?

A competitive compensation package is more than just a salary. Foodservice IP 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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How Much Should You Be Earning?

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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 Foodservice IP.
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 Foodservice IP, 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 Foodservice IP 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 Foodservice IP

1. What is the typical salary range (low to high) for most roles at Foodservice IP?

The typical annual salary range for most roles at Foodservice IP is approximately from $84,332 to $108,440. 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 Foodservice IP pay compared to Champs Medical?

The average annual salary at Foodservice IP is $95,892, or an hourly wage of $46, in comparison to Champs Medical which pays $87,801 per year or $42 per hour.

3. Do salaries differ significantly between departments at Foodservice IP?

Yes, salaries often differ between departments at Foodservice IP 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 Foodservice IP?

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

To determine if a salary offer from Foodservice IP in Chicago is fair, first compare the gross salary to our data for similar roles at Foodservice IP 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. Are the salaries listed for Foodservice IP on Salary.com pre-tax or after-tax?

All salary figures displayed for Foodservice IP, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.