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Penny Collectors Salary

Penny Collectors Salary

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As of August 2026, the average hourly salary for employees at Penny Collectors in the United States is $50. This translates to an approximate annual wage of $104,393. Salaries at Penny Collectors typically range from $44 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Is Penny Collectors’s Pay Competitive? Salary Benchmarking Analysis

How does Penny Collectors'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
SportsMemorabilia.com LLC $46
-8.4%
SportsMemorabilia.com LLC may offer non-monetary perks in lieu of competitive base salaries.
Birthday Gifts $46
-8.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Lagniappe Gift Wrap $53
+5.5%
Influenced by prevailing union wage agreements specific to Lagniappe Gift Wrap's sector.
Gold Rose Gifts LLC $49
-2.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Retail & Wholesale Industry $60
+18.1%
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.

Companies Similar to Penny Collectors and Their Hourly Pay Rates

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

Employee Reviews: Working at Penny Collectors

Considering a career at Penny Collectors? 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.
There are plenty of learning opportunities, and the company promotes from within. It’s a reliable place to work if you value consistency in retail operations. Compensation is fair, and there are opportunities for advancement. This company offers a great balance between challenge and support.
Commented in March 08, 2025
13
0
The workload is manageable, and managers are understanding. Career advancement is possible, and the benefits package is competitive. The team is cooperative, and the company provides fair benefits. The benefits are decent, matching industry standards.
Commented in October 06, 2024
35
1
It’s a good option if you’re looking for a steady role without much fluctuation. I’ve been with this company for three years and love the culture. The workplace is nice, with clear expectations. Training is thorough, and coworkers are helpful. A job with standard benefits. While no workplace is perfect, the positives far outweigh any minor challenges. Coworkers are easy to work with. I enjoy the f...
Commented in July 28, 2024
36
0
The pay and benefits are competitive, and career growth is encouraged. I appreciate the regular training sessions that help employees stay updated with retail trends. The pay is competitive, and the culture is inclusive. Great workplace culture.
Commented in March 22, 2024
38
2

Penny Collectors Overview

Website
www.pennycollector.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
9 Northeastern Blvd Salem New Hampshire NH 03079
Revenue
$10 Million - $50 Million
Phone Number
+1 8667667166
Social Media
About Penny Collectors
Currently, the Company has more tha 4,000 children's coin-operated rides located in 650 malls nationwide and its 1,500 penny presses occupy more than 900 high traffic consumer locations such as theme parks, tourist destinations and souvenir shops across the U.S. as well as internationally. CTM also offers a variety of other products such as attractive Candy Kiosks, Collectible Coin Books for colle

What Benefits Does Penny Collectors Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penny Collectors 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 Penny Collectors?
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What Is the Cost of Living Near Salem?

Understanding the cost of living near Salem is key to truly evaluating a salary offer or your current compensation at Penny Collectors.
Salem's Cost of Living Index is approximately 110.5 (10.5% more expensive than US average; 4.6% more than NH average). Southern NH town bordering MA, retail hub, high housing due to MA proximity. Limited local transit. When planning your budget based on a salary from Penny Collectors, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Penny Collectors salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,050 - $4,700+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penny Collectors

1. What is the estimated average total compensation at Penny Collectors?

Salary.com estimates that the average total compensation package at Penny Collectors, which can include base salary, potential bonuses, and benefits, is around $50 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Penny Collectors pay compared to SportsMemorabilia.com LLC?

The average annual salary at Penny Collectors is $104,393, or an hourly wage of $50, in comparison to SportsMemorabilia.com LLC which pays $95,596 per year or $46 per hour.

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

Salary progression from an entry-level to a senior role at Penny Collectors 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 Penny Collectors in Salem is fair given the local cost of living?

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

5. Are promotions at Penny Collectors usually accompanied by a significant salary increase?

Yes, promotions at Penny Collectors 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.

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