Penfield & Smith Salary

As of September 2026, the average hourly salary for employees at Penfield & Smith in the United States is $50. This translates to an approximate annual wage of $103,244. Salaries at Penfield & Smith typically range from $44 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Is Penfield & Smith’s Pay Competitive? Salary Benchmarking Analysis

How does Penfield & Smith'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
Penfield & Smith $50
0.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Sirion Therapeutics Inc $53
+6.1%
Supported by Sirion Therapeutics Inc's high-margin contracts allowing higher overhead.
National Water Main Cleaning Co $53
+7.3%
Reflects a supply-demand imbalance for the specific talent National Water Main Cleaning Co targets.
HBG Design $44
-11.6%
HBG Design focuses strategically on recruiting and training entry-level apprentices.
Business Services Industry $59
+17.1%
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 Penfield & Smith

Considering a career at Penfield & Smith? 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.
I’m excited about my future with this company. It’s been a fantastic experience working at this company. I feel supported in my role and know what’s expected of me. It’s a place where everyone is respected for who they are. People from different departments are always willing to lend a hand.
My professional expertise is genuinely respected by my superiors. It shows that the company is thoughtful about how we spend our time. The employee stock purchase plan is a great benefit. We often have informal get-togethers and team lunches, fostering a friendly atmosphere. Benefits, flexibility, and a focus on employee well-being make this an excellent place to work. It’s a fair and motivating s...
Clear goals and transparent communication. Companytraining programs ensure consistent quality across all teams. Supportive management and flexible work hours. I appreciate the transparency from leadership.
The networking opportunities are fantastic. Serving diverse clients, there's still a consistent commitment to exceptional service. Each one has a clear agenda and a focus on decision-making and problem-solving, which respects everyone's time. Working here provides a positive atmosphere and strong team spirit.
This organization promotes a healthy work-life balance with hybrid schedules and generous time-off policies. I appreciate the job stability and consistency, though the lack of variety can make things dull. The company culture is one of continuous learning.

Penfield & Smith Overview

Website
www.yelp.com/biz/penfield-and-smith-santa-barbara
Founded In
1946
Employees
100 - 200 employees
Industry
Business Services
Headquarter Address
111 E Victoria St Santa Barbara California CA 93101
Revenue
$10 Million - $50 Million
Phone Number
+1 8059639532
Social Media
About Penfield & Smith
Penfield & Smith was founded by Wallace C. Penfield and Delbert D. Smith in 1946. The firm's roots go back to the Santa Barbara practice started by George A. Miller in 1924. In 1960, the practice was incorporated as an employee owned company. With over 50 years of experience, the firm has established itself as one of the most progressive and well-respected firms based in the Tri-Counties area. Wit

What Benefits Does Penfield & Smith Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penfield & Smith 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 Santa Barbara?

Understanding the cost of living near Santa Barbara is key to truly evaluating a salary offer or your current compensation at Penfield & Smith.
Santa Barbara's Cost of Living Index is approximately 204.1 (104.1% more expensive than US average; 46.0% more than CA average). 'American Riviera', extremely desirable coastal city with exceptionally high housing costs and overall high cost of living. When planning your budget based on a salary from Penfield & Smith, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Penfield & Smith salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $52 (MTD monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $780 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $830+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,512 - $7,492+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penfield & Smith

1. How much does a Penfield & Smith employee make?

Penfield & Smith pays its employees an average of $50 per hour. The average salary at Penfield & Smith range from $44 to $56 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. Which similar company tend to pay more or less than Penfield & Smith?

The salary at Penfield & Smith is similar than the similar company. The average annual salary at Penfield & Smith is $103,244, or an hourly wage of $50, in comparison to Penfield & Smith which pays $103,244 per year or $50 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Penfield & Smith?

In many roles at Penfield & Smith, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Santa Barbara affect the perceived value of a Penfield & Smith salary?

Santa Barbara's Cost of Living Index is approximately 204.1 (104.1% more expensive than US average; 46.0% more than CA average). This significantly impacts the purchasing power of a salary from Penfield & Smith based there. Our "Cost of Living Insights for Santa Barbara" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Penfield & Smith typically offer employees?

Penfield & Smith generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Penfield & Smith" section on this page.