LAC Payment System Salary

LAC Payment System Salary

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As of April 2026, the average annual salary for employees at LAC Payment System in the United States is $89,352. This translates to an approximate hourly wage of $43. Salaries at LAC Payment System typically range from $78,330 to $101,344 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at LAC Payment System

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

Is LAC Payment System’s Pay Competitive? Salary Benchmarking Analysis

How does LAC Payment System'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
Bylo Grapevine Holdings LLC $99,921
+11.8%
Influenced by prevailing union wage agreements specific to Bylo Grapevine Holdings LLC's sector.
Golden Pear Funding LLC $115,005
+28.7%
Adjusted for higher cost-of-living indices in Golden Pear Funding LLC's primary metro hubs.
Factoring Network $106,092
+18.7%
Driven by niche technical certifications required for Factoring Network's specialized projects.
Financial Ombudsman Service $94,383
+5.6%
Reflects structural premiums typical of Financial Ombudsman Service's large-cap national operations.
Financial Services Industry $121,514
+36.0%
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.

How LAC Payment System's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at LAC Payment System

Considering a career at LAC Payment System? 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 the company adapts to market changes while maintaining a people-focused culture. Training on new software is readily available, making transitions smooth. I’ve had a great experience learning new systems and taking on responsibility. Colleagues are helpful and knowledgeable.
Commented in May 02, 2025
8
1
For an organization of employees, maintaining such a high standard of integrity and trust is commendable. The company embraces change and stays current with trends in fintech. The company culture emphasizes teamwork, transparency, and career advancement. The benefits package, including retirement plans and wellness perks, is top-tier. Their transparency and communication build trust, making emplo...
Commented in April 09, 2025
36
3
It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. Leadership values results but lacks approachability. Work-life balance is respected here. We’re encouraged to contribute ideas, and our efforts are acknowledged. Meetings are functional, rarely creative.
Commented in January 08, 2024
38
3

LAC Payment System Overview

Website
www.lacpayments.com
Founded In
2012
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
6000 Poplar Ave Memphis Tennessee TN 38111
Revenue
$10 Million - $50 Million
Phone Number
+1 9015761813
Social Media
About LAC Payment System
LAC Payment System is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Memphis, Tennessee.

What Benefits Does LAC Payment System Offer Beyond Salary?

A competitive compensation package is more than just a salary. LAC Payment System 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at LAC Payment System.
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 LAC Payment System, 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 LAC Payment System 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 LAC Payment System

1. What is the typical salary range (low to high) for most roles at LAC Payment System?

The typical annual salary range for most roles at LAC Payment System is approximately from $78,330 to $101,344. 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 LAC Payment System pay compared to Bylo Grapevine Holdings LLC?

The average annual salary at LAC Payment System is $89,352, or an hourly wage of $43, in comparison to Bylo Grapevine Holdings LLC which pays $99,921 per year or $48 per hour.

3. How does experience level affect salary at LAC Payment System?

Experience level is a significant factor in determining salary at LAC Payment System, 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.

4. How can I determine if a salary offer from LAC Payment System in Memphis is fair given the local cost of living?

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

5. Are the salaries listed for LAC Payment System on Salary.com pre-tax or after-tax?

All salary figures displayed for LAC Payment System, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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