Octane Lending Salary

As of September 2026, the average hourly salary for employees at Octane Lending in the United States is $47. This translates to an approximate annual wage of $98,522. Salaries at Octane Lending typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Octane Lending Pay for Different Roles?

Explore detailed salary information for specific jobs at Octane Lending. Based on our data, the highest paying job is the Branch Officer, with an hourly wage of $153. The table below outlines the hourly wage ranges for most popular roles within the company.

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Turn Insight into Opportunity: Current Job Openings

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About Octane Lending: Company Profile

Website
www.octanelending.com
Founded In
2014
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
NEW YORK
Revenue
<$5 Million
Phone Number
-
Social Media
About OCTANE LENDING
Octane Lending develops a digital credit application that offers indirect powersports financing solutions for dealers.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Octane Lending's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It's a great place to build a rewarding career in financial services with a future-focused mindset. Time-off policies are generous and flexible. This is a company that invests in people. The workload is manageable, and the expectations remain consistent.
Coworkers here are some of the best I’ve worked with. Certification reimbursements demonstrate investment in our growth. Employees globally, there’s a strong sense of professionalism and collaboration. Leadership actively promotes equity through inclusive hiring practices and employee resource groups. Goals are set collaboratively with regular check-ins. It’s a decent place to gain foundational ex...
Management values feedback and implements changes that improve employee satisfaction. Training on new software is readily available, making transitions smooth. Upper management decisions come down without much discussion. Regular 1:1s provide guidance without hovering. Employees seeking creative problem-solving and rapid career growth might find the environment restrictive.
Total rewards packages are competitive within our sector. The caliber of talent here is impressive, making collaboration both stimulating and productive. Communication is often formal and employee input is seldom acted upon.

Is Octane Lending’s Pay Competitive? Salary Benchmarking Analysis

How does Octane Lending'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
ENCOMPASS LENDING GROUP $40
-14.5%
ENCOMPASS LENDING GROUP focuses strategically on recruiting and training entry-level apprentices.
CONVENTUS HOLDINGS CORP. $51
+6.9%
Reflects structural premiums typical of CONVENTUS HOLDINGS CORP.'s large-cap national operations.
DAUM LENDING GROUP $43
-8.8%
Typical compensation structure for smaller regional agencies like DAUM LENDING GROUP.
AGAMERICA LENDING $38
-18.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Financial Services Industry $59
+23.3%
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.

What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Octane Lending.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Octane Lending, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Octane Lending 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) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Octane Lending

FAQ 1: What is the typical salary range (low to high) for most roles at Octane Lending?
The typical salary range for most roles at Octane Lending is approximately from $42 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.
FAQ 2: How much does Octane Lending pay compared to ENCOMPASS LENDING GROUP?
The average annual salary at Octane Lending is $98,522, or an hourly wage of $47, in comparison to ENCOMPASS LENDING GROUP which pays $84,194 per year or $40 per hour.
FAQ 3: How does experience level affect salary at Octane Lending?
Experience level is a significant factor in determining salary at Octane Lending, 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.
FAQ 4: How can I determine if a salary offer from Octane Lending in New York is fair given the local cost of living?
To determine if a salary offer from Octane Lending in New York is fair, first compare the gross salary to our data for similar roles at Octane Lending and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.
FAQ 5: Are the salaries listed for Octane Lending on Salary.com pre-tax or after-tax?
All salary figures displayed for Octane Lending, 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.