Covenant Woods Corp Salary

As of August 2026, the average hourly salary for employees at Covenant Woods Corp in the United States is $48. This translates to an approximate annual wage of $100,470. Salaries at Covenant Woods Corp typically range from $42 to $55 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Covenant Woods Corp

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Is Covenant Woods Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Covenant Woods Corp'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
Waveny $56
+16.6%
Reflects structural premiums typical of Waveny's large-cap national operations.
Pillars Senior $48
-0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Healthcare In Vigilanc $56
+16.3%
Data suggests Healthcare In Vigilanc's workforce skews heavily towards veteran, high-tenure roles.
Stay Well Home Health Care $55
+13.6%
Influenced by prevailing union wage agreements specific to Stay Well Home Health Care's sector.
Healthcare Industry $59
+21.3%
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.

Employee Reviews: Working at Covenant Woods Corp

Considering a career at Covenant Woods Corp? 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.
Whether it's a challenging shift or a complex situation, someone is always willing to lend a hand or share their expertise. Their therapists' dedication to patient progress is evident in our satisfaction surveys and improved quality metrics. This healthcare organization combines the resources with the compassion of a community hospital. Training and development are top-notch and continuous. Not ch...
You can tell they love helping people. The focus on employee well-being here is genuine. This resilience and camaraderie are truly special and define our workplace. Recognition programs and informal acknowledgments from supervisors and peers make a big difference. Excellent patient care values from top down.
Overall, it’s a positive, mission-driven workplace that values both employees and patients equally. Always greeted warmly and treated with respect. There’s little innovation, and suggestions often go unheard.

Covenant Woods Corp Overview

Website
www.covenantwoods.com
Founded In
1883
Employees
200 - 500 employees
Industry
Healthcare
Headquarter Address
7090 Covenant Woods Dr Mechanicsville Virginia VA 23111
Revenue
$10 Million - $50 Million
Phone Number
+1 8045698000
Social Media
About Covenant Woods Corp
Covenant Woods has been serving the needs of seniors in the Richmond area for more than 130 years. Covenant serves on a 6-acre campus in Hanover County. Covenant Woods is a not-for-profit 501(c)(3) corporation led by a volunteer Board of Directors. The community has completed several expansions over the course of its history most recently in 2014.

What Benefits Does Covenant Woods Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Covenant Woods Corp 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Covenant Woods Corp.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Covenant Woods Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Covenant Woods Corp salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) 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 $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Covenant Woods Corp

1. What is the estimated average total compensation at Covenant Woods Corp?

Salary.com estimates that the average total compensation package at Covenant Woods Corp, which can include base salary, potential bonuses, and benefits, is around $48 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Covenant Woods Corp pay compared to Waveny?

The average annual salary at Covenant Woods Corp is $100,470, or an hourly wage of $48, in comparison to Waveny which pays $117,125 per year or $56 per hour.

3. Do salaries differ significantly between departments at Covenant Woods Corp?

Yes, salaries often differ between departments at Covenant Woods Corp 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 Covenant Woods Corp?

Salary progression from an entry-level to a senior role at Covenant Woods Corp 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 Covenant Woods Corp in Richmond is fair given the local cost of living?

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

6. Are promotions at Covenant Woods Corp usually accompanied by a significant salary increase?

Yes, promotions at Covenant Woods Corp 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.