Promise Academy Salary

As of August 2026, the average annual salary for employees at Promise Academy in the United States is $79,300. This translates to an approximate hourly wage of $38. Salaries at Promise Academy typically range from $69,340 to $90,735 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Promise Academy

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

Is Promise Academy’s Pay Competitive? Salary Benchmarking Analysis

How does Promise Academy'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
Inland Fair Housing $92,749
+17.0%
Influenced by prevailing union wage agreements specific to Inland Fair Housing's sector.
Northside Homeschool Coop $80,355
+1.3%
Indicates identical technical requirements and experience levels between the two firms.
Riverview Grade School $82,654
+4.2%
Supported by Riverview Grade School's high-margin contracts allowing higher overhead.
School Community Council $78,372
-1.2%
Suggests School Community Council utilizes a highly similar base-plus-benefits compensation model.
Edu., Gov't. & Nonprofit Industry $115,341
+45.4%
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 Promise Academy

Considering a career at Promise Academy? 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 appreciate how open leadership is to new ideas. I feel a genuine sense of belonging within this organization. Overall, it’s a stable and rewarding place to build a meaningful career that positively impacts communities. Employees are regularly recognized and appreciated for their hard work, which boosts morale. I appreciate the job security and benefits, though salaries remain average. Being part...
Being part of a company dedicated to meaningful public service work adds a deep sense of fulfillment and pride to my daily responsibilities. This is a stable job with predictable routines. You see the direct results of your efforts in improved educational outcomes or more efficient government operations. This variety keeps the work interesting and allows individuals to explore different facets of ...
Professional development is a top priority, with ample opportunities for training and career advancement. This shared commitment builds a strong, positive organizational culture and motivates us to perform our best daily. Predictable work environment, but advancement depends on seniority more than merit. Everyone felt heard.

Promise Academy Overview

Website
www.promiseacademy.com
Founded In
2010
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
1346 Bryan St Memphis Tennessee TN 38108
Revenue
<$5 Million
Phone Number
+1 9013244456
Social Media
About Promise Academy
Our central and only work is to teach and inspire the mind, body and spirit of our children so that they can succeed in any academic or cultural setting. The Promise Academy is committed to preparing children to excel in the nations most rigorous schools. Our vision for Promise Academy is for all children to be challenged to reach their highest potential through quality work that integrates a bala

What Benefits Does Promise Academy Offer Beyond Salary?

A competitive compensation package is more than just a salary. Promise Academy 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Promise Academy.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Promise Academy, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Promise Academy salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Promise Academy

1. What is the typical salary range (low to high) for most roles at Promise Academy?

The typical annual salary range for most roles at Promise Academy is approximately from $69,340 to $90,735. 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. How much does Promise Academy pay compared to Inland Fair Housing?

The average annual salary at Promise Academy is $79,300, or an hourly wage of $38, in comparison to Inland Fair Housing which pays $92,749 per year or $45 per hour.

3. Do salaries differ significantly between departments at Promise Academy?

Yes, salaries often differ between departments at Promise Academy due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Promise Academy?

Experience level is a significant factor in determining salary at Promise Academy, 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.

5. How can I determine if a salary offer from Promise Academy in Memphis is fair given the local cost of living?

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

6. What factors influence salary increases at Promise Academy?

Salary increases at Promise Academy are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.