Velvetech Salary

Velvetech Salary

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As of July 2026, the average hourly salary for employees at Velvetech in the United States is $49. This translates to an approximate annual wage of $101,072. Salaries at Velvetech typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Velvetech Pay for Different Roles?

Explore detailed salary information for specific jobs at Velvetech. Based on our data, the highest paying job is the Technology Sales Executive, with an hourly wage of $94. The table below outlines the hourly wage ranges for most popular roles within the company.

Human Resources Specialist

$32 / hour

Salary Range: $29 - $35

Human Resources

Shared Technical Service Tier I (NOC Technician I)

$36 / hour

Salary Range: $29 - $48

Information Technology

Technology Service Coordinator

$45 / hour

Salary Range: $38 - $51

Patient Relations

Project Coordinator, Minneapolis

$40 / hour

Salary Range: $35 - $46

Project Planning

Business Technology Advisor

$47 / hour

Salary Range: $41 - $54

Technical Sales

Technology Sales Executive

$94 / hour

Salary Range: $81 - $108

Sales

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Velvetech.
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About Velvetech: Company Profile

Website
www.velvetech.com
Founded In
2004
Employees
50 - 100 employees
Industry
Software & Networking
Headquarter Location
NORTHBROOK
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About VELVETECH
Velvetech is a provider of custom ERP, CRM and IoT software development and implementation services.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Velvetech's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Communication from upper management is clear and consistent. The company has a fantastic culture and values employee input. The company follows fair policies, and the team is cooperative. Steady job with reasonable expectations.
Commented in March 08, 2025
43
1
It’s a great place for those who want stability and growth in wholesale/retail. Learned a lot in a short time. The work culture is inclusive, and teamwork is emphasized. Definitely a positive workplace.
Commented in August 02, 2024
21
0
It’s a decent place to grow if you’re looking for steady employment in retail. Coworkers are collaborative, and there’s a strong emphasis on teamwork. The work is meaningful, and the team is collaborative. Great workplace with a focus on employee development. The culture is energetic and supportive. It’s a dependable retail job. The location is convenient, and the facilities are well-maintained.
Commented in June 14, 2024
10
0
Communication is clear, and the workload is reasonable. The role a predictable routine. Overall, it’s a great place to build a career if you’re motivated and enjoy a dynamic environment. The office spaces (and stores) are well-maintained, creating a pleasant atmosphere.
Commented in March 20, 2024
15
0

How Velvetech's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Velvetech’s pay competitiveness. Click on a company for a deeper dive.

Is Velvetech’s Pay Competitive? Salary Benchmarking Analysis

How does Velvetech'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
VANRISH $45
-7.1%
VANRISH likely leverages performance bonuses over the high base salary shown here.
VANGUARD APPRAISALS $44
-9.5%
Typical compensation structure for smaller regional agencies like VANGUARD APPRAISALS.
VERB TECHNOLOGY COMPANY, INC. $51
+5.4%
Reflects structural premiums typical of VERB TECHNOLOGY COMPANY, INC.'s large-cap national operations.
VANTIQ $56
+15.3%
Supported by VANTIQ's high-margin contracts allowing higher overhead.
Software & Networking Industry $61
+25.5%
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.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Velvetech.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Velvetech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Velvetech salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Velvetech

FAQ 1: What is the average salary for employees at Velvetech?
The average total compensation for employees at Velvetech is approximately $49 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $43 to $55 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Velvetech pay compared to VANRISH?
The average annual salary at Velvetech is $101,072, or an hourly wage of $49, in comparison to VANRISH which pays $93,943 per year or $45 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Velvetech?
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 Velvetech for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Velvetech offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Velvetech, 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.
FAQ 5: What's the typical process for salary reviews and raises at Velvetech?
Most companies, likely including Velvetech, 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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