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Grooming Microfinance Bank Salary

Grooming Microfinance Bank Salary

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As of September 2026, the average annual salary for employees at Grooming Microfinance Bank in the United States is $107,220. This translates to an approximate hourly wage of $52. Salaries at Grooming Microfinance Bank typically range from $94,054 to $121,500 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Grooming Microfinance Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Grooming Microfinance Bank. Based on our data, the highest paying job is the Credit Officer, with an annual salary of $236,641. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Grooming Microfinance Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Grooming Microfinance Bank'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
Eaton Vance WaterOak Advisors $85,354
-20.4%
Eaton Vance WaterOak Advisors may offer non-monetary perks in lieu of competitive base salaries.
Newfund $110,997
+3.5%
Influenced by prevailing union wage agreements specific to Newfund's sector.
Pallapay International Inc $105,733
-1.4%
Indicates identical technical requirements and experience levels between the two firms.
Twelve Seas Investment Co $106,313
-0.8%
Suggests Twelve Seas Investment Co utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+13.3%
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 Grooming Microfinance Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Grooming Microfinance Bank

Considering a career at Grooming Microfinance Bank? 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.
Structure supports long-term careers. Little innovation but solid execution. Everyone here holds themselves to a high standard. The company regularly benchmarks offerings against industry leaders.
Commented in March 05, 2025
31
2
Policies are well documented, but application varies by department. What impresses me most is how executives balance driving results with maintaining an ethical, employee-friendly culture. This financial services company stands out for its innovation and adaptability. Technology platforms are advanced, making workflows efficient and data-driven. Overall, it’s a motivating and stable employer. Clie...
Commented in September 28, 2024
11
1
Personal days accommodate unexpected needs. The company fosters a highly collaborative culture that encourages innovation and professional growth. I’m constantly learning and proud to be part of such a trusted institution. Communication across departments is inconsistent. Organization is large and well-run.
Commented in January 18, 2024
15
2

Grooming Microfinance Bank Overview

Website
www.groomingmfb.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2307 Nam Euismod Eget Ex Et Mattis Brooklyn New York NY 11226
Revenue
<$5 Million
Phone Number
-
Social Media
About Grooming Microfinance Bank
The Bank is registered with the Corporate Affairs Commission as Grooming Microfinance Bank (GMFB) with RC No: 1433763. Licensed by the Central Bank of Nigeria (CBN) to operate as a State Microfinance Bank in Oyo State. The Bank has registered with the National Association of Microfinance Banks (NAMB) in Nigeria. To provide value driven and customer centric products and services to our clients usin

What Benefits Does Grooming Microfinance Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Grooming Microfinance Bank 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 Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Grooming Microfinance Bank.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Grooming Microfinance Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Grooming Microfinance Bank 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) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Grooming Microfinance Bank

1. What is the typical salary range (low to high) for most roles at Grooming Microfinance Bank?

The typical annual salary range for most roles at Grooming Microfinance Bank is approximately from $94,054 to $121,500. 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 Grooming Microfinance Bank pay compared to Eaton Vance WaterOak Advisors?

The average annual salary at Grooming Microfinance Bank is $107,220, or an hourly wage of $52, in comparison to Eaton Vance WaterOak Advisors which pays $85,354 per year or $41 per hour.

3. Do salaries differ significantly between departments at Grooming Microfinance Bank?

Yes, salaries often differ between departments at Grooming Microfinance Bank 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 Grooming Microfinance Bank?

Experience level is a significant factor in determining salary at Grooming Microfinance Bank, 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 Grooming Microfinance Bank in Brooklyn is fair given the local cost of living?

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

6. What factors influence salary increases at Grooming Microfinance Bank?

Salary increases at Grooming Microfinance Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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