Philip+Rae & Associates Salary

Philip+Rae & Associates Salary

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As of August 2026, the average hourly salary for employees at Philip+Rae & Associates in the United States is $46. This translates to an approximate annual wage of $95,069. Salaries at Philip+Rae & Associates typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Philip+Rae & Associates Pay for Different Roles?

Explore detailed salary information for specific jobs at Philip+Rae & Associates. Based on our data, the highest paying job is the Manager, Tax, with an hourly wage of $58. The table below outlines the hourly wage ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Philip+Rae & Associates

Ready for your next career move? Explore current job openings at Philip+Rae & Associates. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Philip+Rae & Associates’s Pay Competitive? Salary Benchmarking Analysis

How does Philip+Rae & Associates'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
PENN PRO Inc $42
-7.3%
Typical compensation structure for smaller regional agencies like PENN PRO Inc.
Ca Rayle Nevada Inc Which Will Do Business in California as Nevada Rayle Inc $47
+3.6%
Adjusted for higher cost-of-living indices in Ca Rayle Nevada Inc Which Will Do Business in California as Nevada Rayle Inc's primary metro hubs.
JM Hollister LLC $43
-5.0%
Normalized for lower cost-of-living zones where JM Hollister LLC primarily operates.
Save Wave Energy LLC $45
-0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Business Services Industry $59
+27.2%
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 Philip+Rae & Associates and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Philip+Rae & Associates. Click a company name to learn more.

Employee Reviews: Working at Philip+Rae & Associates

Considering a career at Philip+Rae & Associates? 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.
Leadership is visible and supportive. It’s a motivating and respectful work environment. Employees feel appreciated and valued. Benefits are okay, not the best.
Commented in February 27, 2025
44
0
Working here means being part of a dynamic and evolving company. The diversity and inclusion initiatives are more than just talk; they're put into practice. The open-door policy is real. I’ve had a rewarding experience at this company. Team collaboration is emphasized, and there's a great mix of autonomy and support. Diverse teams foster creativity and innovation across departments. Leaders are ap...
Commented in November 13, 2024
48
3
This company provides an ideal mix of structure and flexibility. They deliver what’s promised, but don’t expect extra perks. I appreciate the job stability and consistency, though the lack of variety can make things dull. Coworkers are kind, the work is balanced, and it’s a company that values its people. I appreciate the transparency from leadership.
Commented in January 04, 2024
19
3

Philip+Rae & Associates Overview

Website
www.philiprae.com
Founded In
1985
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
564 S Washington St Naperville Illinois IL 60540
Revenue
$5 Million - $10 Million
Phone Number
+1 6305053620
Social Media
About Philip+Rae & Associates
Philip+Rae & Associates is a Certified Public Accountant firm specializing in tax and accounting services in Naperville, IL.

What Benefits Does Philip+Rae & Associates Offer Beyond Salary?

A competitive compensation package is more than just a salary. Philip+Rae & Associates 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 Naperville?

Understanding the cost of living near Naperville is key to truly evaluating a salary offer or your current compensation at Philip+Rae & Associates.
Naperville's Cost of Living Index is approximately 129.8 (29.8% more expensive than US average; 38.4% more than IL average). Affluent Chicago suburb, excellent schools, very high housing costs. Pace bus, Metra rail. When planning your budget based on a salary from Philip+Rae & Associates, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,700+ A significant portion of Philip+Rae & Associates salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,260 - $5,180+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Philip+Rae & Associates

1. How much does Philip+Rae & Associates in the United States pay?

Philip+Rae & Associates pays its employees an average of $46 per hour. The average salary at Philip+Rae & Associates range from $40 to $52 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. Do Philip+Rae & Associates employees get a higher salary than its peer company?

The salary at Philip+Rae & Associates is higher than its peer company. The average annual salary at Philip+Rae & Associates is $95,069, or an hourly wage of $46, in comparison to PENN PRO Inc which pays $88,128 per year or $42 per hour.

3. What are the highest paying jobs at Philip+Rae & Associates?

The higher-paying job at Philip+Rae & Associates, according to our data, include Manager, Tax (avg. $58 per hour), Manager, Property (avg. $47 per hour), and Senior Auditor (avg. $41 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Philip+Rae & Associates?

Salary progression with years of experience at Philip+Rae & Associates is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Philip+Rae & Associates vary by office location?

Yes, it's very likely that salaries at Philip+Rae & Associates vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Naperville section provides more context.

6. Does Philip+Rae & Associates offer good benefits?

Philip+Rae & Associates typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Philip+Rae & Associates" section on this page.

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