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Thrift Savings Plan Salary

Thrift Savings Plan Salary

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As of October 2026, the average hourly salary for employees at Thrift Savings Plan in the United States is $41. This translates to an approximate annual wage of $86,251. Salaries at Thrift Savings Plan typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company.
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Is Thrift Savings Plan’s Pay Competitive? Salary Benchmarking Analysis

How does Thrift Savings Plan'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
Northwest Arkansas Economic Development District Inc $40
-2.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Center for Economic Development - UMW $49
+19.0%
Influenced by prevailing union wage agreements specific to Center for Economic Development - UMW's sector.
City of Noblesville Economic Development $40
-2.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Uptown Marion $42
+0.4%
Suggests Uptown Marion utilizes a highly similar base-plus-benefits compensation model.
Edu., Gov't. & Nonprofit Industry $56
+33.7%
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 Thrift Savings Plan and Their Hourly Pay Rates

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

Employee Reviews: Working at Thrift Savings Plan

Considering a career at Thrift Savings Plan? 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.
Benefits are decent, and time off is respected. Job security is strong, though advancement opportunities can be limited. The culture encourages continuous learning and recognition, while meaningful public service projects provide purpose and satisfaction every day. Flexible work arrangements and wellness programs help maintain a healthy work-life balance. While job security is a plus, the lack of ...
Commented in May 10, 2025
47
1
The company offers an excellent work environment where collaboration and innovation thrive. Recognition programs highlight employee achievements and foster motivation. The job offers consistency and decent benefits, but the culture can be resistant to change. Great experience all around. Communication can be formal and hierarchical, limiting quick feedback. Regular recognition programs ensure empl...
Commented in March 06, 2025
47
3
Clear goals help make even the busiest weeks feel manageable and focused. Minimal downtime during transition. A truly outstanding group of professionals.
Commented in November 11, 2024
32
2
The culture fosters innovation while maintaining respect for traditions. Processes are followed, but sometimes feel bureaucratic. Leadership supports innovation and values employee feedback, providing ample opportunities for career advancement while maintaining a healthy work-life balance. Truly a pleasure to engage with for both long- and short-term projects.
Commented in January 27, 2024
10
1

Thrift Savings Plan Overview

Website
www.tsp.gov
Founded In
1986
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
PO Box 385021 Birmingham Alabama AL 35238
Revenue
$10 Million - $50 Million
Phone Number
+1 8779683778
Social Media
About Thrift Savings Plan
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. It was established by Congress in the Federal Employees Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. The TSP is a defined co

What Benefits Does Thrift Savings Plan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Thrift Savings Plan 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 Thrift Savings Plan?
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What Is the Cost of Living Near Birmingham?

Understanding the cost of living near Birmingham is key to truly evaluating a salary offer or your current compensation at Thrift Savings Plan.
Birmingham's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 3.4% less than AL average). Primary driver is significantly lower housing costs. When planning your budget based on a salary from Thrift Savings Plan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Thrift Savings Plan salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $60 (MAX Transit Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,040 - $3,460+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Thrift Savings Plan

1. What is the average salary for employees at Thrift Savings Plan?

The average total compensation for employees at Thrift Savings Plan is approximately $41 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $36 to $47 per hour, depending on factors like job role, experience, and location.

2. How much does Thrift Savings Plan pay compared to Northwest Arkansas Economic Development District Inc?

The average annual salary at Thrift Savings Plan is $86,251, or an hourly wage of $41, in comparison to Northwest Arkansas Economic Development District Inc which pays $83,762 per year or $40 per hour.

3. What is the lowest salary at Thrift Savings Plan?

The lowest-paying job at Thrift Savings Plan is an Assistant Manager with a salary of $39 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Thrift Savings Plan?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Thrift Savings Plan for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Thrift Savings Plan offer cost-of-living adjustments (COLA) for employees in high-cost areas like Birmingham?

While some companies offer formal COLA, many, including potentially Thrift Savings Plan, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Thrift Savings Plan?

Most companies, likely including Thrift Savings Plan, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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