Lao Development Bank Salary

As of September 2026, the average annual salary for employees at Lao Development Bank in the United States is $105,976. This translates to an approximate hourly wage of $51. Salaries at Lao Development Bank typically range from $92,955 to $120,086 annually, reflecting the diverse roles and experience levels within the company.
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Is Lao Development Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Lao Development Bank'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
Sammy Venture Inc $95,734
-9.7%
Sammy Venture Inc focuses strategically on recruiting and training entry-level apprentices.
Acme Vc $110,997
+4.7%
Data suggests Acme Vc's workforce skews heavily towards veteran, high-tenure roles.
T2 Capital Management LLC $92,327
-12.9%
T2 Capital Management LLC operates with a leaner overhead structure, impacting base wage offers.
Mawuli School $91,789
-13.4%
Normalized for lower cost-of-living zones where Mawuli School primarily operates.
Financial Services Industry $121,514
+14.7%
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.

Employee Reviews: Working at Lao Development Bank

Considering a career at Lao Development Bank? 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.
Birthday recognitions. The company’s financial stability ensures long-term employment prospects and job satisfaction. Work feels somewhat siloed, and collaboration opportunities are limited. High standards and accountability.
I’m confident in my future here. Communication varies across different teams. Upper management is professional it is visible. Positive work-life balance and flexible scheduling. Comprehensive benefits include health insurance, wellness initiatives, and retirement plans. It's fulfilling to know our work genuinely helps people achieve their financial objectives.
This synergy not only enhances operational efficiency but also creates a supportive and intellectually stimulating environment for all employees. Projects are interesting and relevant. I feel like my contributions are recognized and valued regularly. It’s fulfilling to contribute to impactful financial solutions in such a supportive environment. The daily challenges of navigating dynamic markets, ...

Lao Development Bank Overview

Website
www.ldblao.la
Founded In
2003
Employees
<25 employees
Industry
Financial Services
Headquarter Address
375 Park Avenue Ny 4080 New York City New York NY 10152
Revenue
<$5 Million
Phone Number
-
Social Media
About Lao Development Bank
Lao Development Bank is a state owned bank. Establishment since 2003, by incorporation with "Laomai Bank and Lanexang Bank. Be supporting in loans for small, medium economic (SME) and other banking services in Laos.

What Benefits Does Lao Development Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lao Development Bank 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Lao Development Bank.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Lao Development Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Lao Development Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lao Development Bank

1. What is the average salary for employees at Lao Development Bank?

The average annual total compensation for employees at Lao Development Bank is approximately $105,976. However, this is an aggregate figure, actual salaries can range significantly, typically from $92,955 to $120,086, depending on factors like job role, experience, and location.

2. How much does Lao Development Bank pay compared to Sammy Venture Inc?

The average annual salary at Lao Development Bank is $105,976, or an hourly wage of $51, in comparison to Sammy Venture Inc which pays $95,734 per year or $46 per hour.

3. What is the lowest salary at Lao Development Bank?

The lowest-paying job at Lao Development Bank is a Mobile Service Technician with a salary of $56,664 per year. 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 Lao Development Bank?

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 Lao Development Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lao Development Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like New York?

While some companies offer formal COLA, many, including potentially Lao Development Bank, 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 Lao Development Bank?

Most companies, likely including Lao Development Bank, 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.