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McCormick Foundation Salary

McCormick Foundation Salary

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As of August 2026, the average hourly salary for employees at McCormick Foundation in the United States is $47. This translates to an approximate annual wage of $98,318. Salaries at McCormick Foundation typically range from $41 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Is McCormick Foundation’s Pay Competitive? Salary Benchmarking Analysis

How does McCormick Foundation'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
International Brokerage Services Inc, Charlotte Inc $43
-8.2%
Typical compensation structure for smaller regional agencies like International Brokerage Services Inc, Charlotte Inc.
Bank of Branch $46
-3.6%
Bank of Branch may offer non-monetary perks in lieu of competitive base salaries.
ACM Lifting Lives Inc $50
+6.7%
Influenced by prevailing union wage agreements specific to ACM Lifting Lives Inc's sector.
Astraea Foundation $54
+14.3%
Reflects structural premiums typical of Astraea Foundation's large-cap national operations.
Financial Services Industry $59
+23.6%
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.

Companies Similar to McCormick Foundation and Their Hourly Pay Rates

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

Employee Reviews: Working at McCormick Foundation

Considering a career at McCormick Foundation? 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.
Coworkers are driven and respectful, and leadership consistently promotes internal growth. Coworkers are helpful, and managers are encouraging. Strong leadership encourages transparent communication and trust. Training on new software is readily available, making transitions smooth.
Commented in April 15, 2025
22
1
Growth opportunities are everywhere. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose. The work is challenging but rewarding, and colleagues are supportive. Transparent leadership and well-organized processes create a positive experience. Employees are expected to follow procedures closely, and there isn’t much deviation f...
Commented in April 14, 2025
23
3
It’s a decent place for those valuing predictability, and it is somehow for those seeking rapid growth or dynamic work. The firm’s size means access to global opportunities and top-tier clients. Mental health resources are promoted without stigma.
Commented in August 26, 2024
42
2
The workplace is inclusive, where diverse perspectives are valued and encouraged. It’s a values-driven environment ideal for long-term career development. Our differences are celebrated as strengths that drive innovation. The leadership team is remarkably transparent about company performance, strategic direction, and industry challenges.
Commented in March 12, 2024
49
0

McCormick Foundation Overview

Website
www.mccormickfoundation.org
Founded In
1955
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
205 N Michigan Ave Chicago Illinois IL 60601
Revenue
$5 Million - $10 Million
Phone Number
+1 3124455000
Social Media
About McCormick Foundation
The Robert R. McCormick Foundation helps communities in Chicagoland and across Illinois develop educated, informed, and engaged citizens. Through philanthropic grantmaking and Cantigny Park, the Foundation works to strengthen our democracy, and to help ensure that people, especially children, have equitable access to the opportunities they need to flourish. The McCormick Foundation, among the nati

What Benefits Does McCormick Foundation Offer Beyond Salary?

A competitive compensation package is more than just a salary. McCormick Foundation 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 McCormick Foundation?
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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 McCormick Foundation.
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 McCormick Foundation, 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 McCormick Foundation 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 McCormick Foundation

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

The typical salary range for most roles at McCormick Foundation is approximately from $41 to $54 per hour. 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 McCormick Foundation pay compared to International Brokerage Services Inc, Charlotte Inc?

The average annual salary at McCormick Foundation is $98,318, or an hourly wage of $47, in comparison to International Brokerage Services Inc, Charlotte Inc which pays $90,291 per year or $43 per hour.

3. Do salaries differ significantly between departments at McCormick Foundation?

Yes, salaries often differ between departments at McCormick Foundation 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 McCormick Foundation?

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

To determine if a salary offer from McCormick Foundation in Chicago is fair, first compare the gross salary to our data for similar roles at McCormick Foundation 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. What are the key factors that influence salary levels at McCormick Foundation?

Several key factors influence salary levels at McCormick Foundation. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: McCormick Foundation likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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