Parallel Corp Salary

As of August 2026, the average hourly salary for employees at Parallel Corp in the United States is $44. This translates to an approximate annual wage of $92,084. Salaries at Parallel Corp typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Parallel Corp

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Is Parallel Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Parallel 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
SolutionNET Pte Ltd $55
+23.8%
Driven by niche technical certifications required for SolutionNET Pte Ltd's specialized projects.
CultureConnect $45
+2.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
ROMAX Co $47
+6.6%
Influenced by prevailing union wage agreements specific to ROMAX Co's sector.
Vimeg Square Technologies Pvt Ltd $52
+17.9%
Adjusted for higher cost-of-living indices in Vimeg Square Technologies Pvt Ltd's primary metro hubs.
Software & Networking Industry $61
+37.8%
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 Parallel Corp

Considering a career at Parallel 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.
The company also hosts regular team-building events, which foster a strong sense of community. The work-life balance is reasonable, and the benefits are competitive for the industry. The company also invests in technology to streamline operations, which makes daily tasks easier. If you’re looking for stability and growth, this is a solid choice. While the workload can be busy, it’s manageable with...
Overall, it’s a decent place to work if you value stability and a predictable routine. The team is hardworking, and there’s always room to advance. My time at this company has been uneventful in a good way. Employees are given the freedom to innovate, which keeps the work engaging. Decent place to gain experience. There’s a good mix of autonomy and teamwork, allowing for both independent and colla...
The company also gives back to the community through charity partnerships, which makes me proud to work here. The team is cooperative, and management is reasonable. The company also gives back to the community, which adds to its positive reputation. The company values its employees and fosters a positive work environment. Benefits like health insurance and bonuses are a great advantage.

Parallel Corp Overview

Website
Data pending, update soon.
Founded In
1991
Employees
50 - 100 employees
Industry
Software & Networking
Headquarter Address
1229 Perry Rd Apex North Carolina NC 27502
Revenue
<$5 Million
Phone Number
+1 9193621535
Social Media
About Parallel Corp
Parallel Corp is a company that operates in the Computer Hardware industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Apex, North Carolina.

What Benefits Does Parallel Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel 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 Raleigh?

Understanding the cost of living near Raleigh is key to truly evaluating a salary offer or your current compensation at Parallel Corp.
Raleigh's Cost of Living Index is approximately 102.3 (2.3% more expensive than US average; 6.6% more than NC average). State capital, Research Triangle Park, tech hub, housing above US avg. GoRaleigh/GoTriangle. When planning your budget based on a salary from Parallel Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Parallel Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (GoRaleigh monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,830 - $4,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parallel Corp

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

Salary.com estimates that the average total compensation package at Parallel Corp, which can include base salary, potential bonuses, and benefits, is around $44 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Parallel Corp pay compared to SolutionNET Pte Ltd?

The average annual salary at Parallel Corp is $92,084, or an hourly wage of $44, in comparison to SolutionNET Pte Ltd which pays $114,013 per year or $55 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Parallel Corp?

Salary progression from an entry-level to a senior role at Parallel 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.

4. How can I determine if a salary offer from Parallel Corp in Raleigh is fair given the local cost of living?

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

5. Are promotions at Parallel Corp usually accompanied by a significant salary increase?

Yes, promotions at Parallel 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.