Convergence Acquisitions LLC Salary

Convergence Acquisitions LLC Salary

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As of August 2026, the average hourly salary for employees at Convergence Acquisitions LLC in the United States is $43. This translates to an approximate annual wage of $89,922. Salaries at Convergence Acquisitions LLC typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Convergence Acquisitions LLC

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

Is Convergence Acquisitions LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Convergence Acquisitions 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
Elizabeth Ekk $41
-4.6%
Elizabeth Ekk may offer non-monetary perks in lieu of competitive base salaries.
Chorion LLC $53
+21.9%
Reflects a supply-demand imbalance for the specific talent Chorion LLC targets.
Debt Equity Group LLC $57
+32.1%
Data suggests Debt Equity Group LLC's workforce skews heavily towards veteran, high-tenure roles.
Firms $45
+3.5%
Supported by Firms's high-margin contracts allowing higher overhead.
Business Services Industry $59
+34.5%
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.

Companies Similar to Convergence Acquisitions LLC and Their Hourly Pay Rates

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

Employee Reviews: Working at Convergence Acquisitions LLC

Considering a career at Convergence Acquisitions 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 leadership truly listens and acts. Benefits are above average, with added perks like wellness stipends. I feel secure in my role here. Company invests in latest technology. Learning is constant, and feedback is always welcomed. The atmosphere is quiet and respectful, though not particularly energetic. The culture here is one of integrity, professionalism, and collaboration.
Commented in April 24, 2025
32
1
Work-life balance is supported through flexible arrangements. The company offers stability, but it doesn’t encourage thinking outside the box. The company culture here is truly supportive. The diversity and inclusion initiatives are more than just talk; they're put into practice. Their customer service is exceptional.
Commented in April 15, 2025
33
2
We’re always encouraged to think outside the box and bring new ideas to the table. The emphasis on a client-centric approach is deeply ingrained in our operations. Benefits are average, and while the workload is balanced, the career growth path isn’t always clear. Met our requirements without added value. Managers are approachable and committed to team development.
Commented in January 26, 2024
9
1

Convergence Acquisitions LLC Overview

Website
www.convergenceacquisitions.com
Founded In
2016
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
1574 42nd St NE Cedar Rapids Iowa IA 52402
Revenue
$10 Million - $50 Million
Phone Number
+1 3192006100
Social Media
About Convergence Acquisitions LLC
Convergence Acquisitions is a financial services company. We specialize in purchasing and servicing a wide range of distressed consumer receivables. We have over 30 years of financial services experience. We are proud of our proven track record of first-class customer treatment and exceptional client satisfaction. Today, our company is located in Cedar Rapids, IA USA.

What Benefits Does Convergence Acquisitions LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Convergence Acquisitions 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)
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What Is the Cost of Living Near Cedar Rapids?

Understanding the cost of living near Cedar Rapids is key to truly evaluating a salary offer or your current compensation at Convergence Acquisitions LLC.
Cedar Rapids' Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 8.2% less than IA average). Eastern IA city, affordable housing. CR Transit. When planning your budget based on a salary from Convergence Acquisitions LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Convergence Acquisitions LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (CR Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,925 - $3,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Convergence Acquisitions LLC

1. What is the estimated average total compensation at Convergence Acquisitions LLC?

Salary.com estimates that the average total compensation package at Convergence Acquisitions LLC, which can include base salary, potential bonuses, and benefits, is around $43 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Convergence Acquisitions LLC pay compared to Elizabeth Ekk?

The average annual salary at Convergence Acquisitions LLC is $89,922, or an hourly wage of $43, in comparison to Elizabeth Ekk which pays $85,766 per year or $41 per hour.

3. Do salaries differ significantly between departments at Convergence Acquisitions LLC?

Yes, salaries often differ between departments at Convergence Acquisitions LLC 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Convergence Acquisitions LLC?

Salary progression from an entry-level to a senior role at Convergence Acquisitions LLC 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.

5. How can I determine if a salary offer from Convergence Acquisitions LLC in Cedar Rapids is fair given the local cost of living?

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

6. Are promotions at Convergence Acquisitions LLC usually accompanied by a significant salary increase?

Yes, promotions at Convergence Acquisitions LLC 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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