Massdevelopment Salary

Massdevelopment Salary

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As of April 2026, the average annual salary for employees at Massdevelopment in the United States is $98,478. This translates to an approximate hourly wage of $47. Salaries at Massdevelopment typically range from $86,353 to $111,787 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Massdevelopment Pay for Different Roles?

Explore detailed salary information for specific jobs at Massdevelopment. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

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

Website
www.massdevelopment.com
Founded In
1998
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
BOSTON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MASSDEVELOPMENT
MassDevelopment, the state's finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastr

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Massdevelopment's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
This financial services organization stands out for its progressive approach to banking and finance. A routine-driven environment with predictable outcomes. Standard benefits and consistent hours. That reliability helps you focus on doing your best work without second-guessing policies or expectations.
Commented in April 13, 2025
20
1
Internal transfers are possible but usually take time to approve and implement. The firm's global reach provides diverse opportunities and exposure to international markets, making every day intellectually stimulating. leadership helps set realistic and exciting growth plans. Overall, it suits those who prefer predictability and stability. However, some systems feel archaic, and the company can be...
Commented in December 08, 2024
9
2
It’s fulfilling to contribute to impactful financial solutions in such a supportive environment. This company offers stability, competitive pay, and a positive environment for career growth. Even in a highly structured setting, creativity is still welcome and valued.
Commented in June 23, 2024
40
0
Leadership encourages feedback and employee input. Career development is prioritized at all levels, with many leaders having grown internally. The onboarding process was excellent. This is a suitable environment for those who prefer stability and clear structure but can appeal to employees seeking rapid advancement or creative freedom. Management provides direction but rarely engages in collaborat...
Commented in June 22, 2024
33
2
The workplace offers steady pay and basic benefits, but work can be repetitive and procedural. With employees, the company offers various affinity groups and social activities to foster connections beyond work. Client satisfaction and employee support prioritized.
Commented in January 20, 2024
49
3

How Massdevelopment's Salaries Compare to Similar Companies?

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

Is Massdevelopment’s Pay Competitive? Salary Benchmarking Analysis

How does Massdevelopment'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
MERCHANT INDUSTRY LLC $101,030
+2.6%
Confirms MERCHANT INDUSTRY LLC is a direct competitor vying for the exact same talent pool.
MERCHANT LYNX SERVICES $84,474
-14.2%
Reflects market rates for standard general contracting, differing from specialized roles.
MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION $90,952
-7.6%
MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION operates with a leaner overhead structure, impacting base wage offers.
MERCURY PAYMENT SYSTEMS $87,949
-10.7%
Typical compensation structure for smaller regional agencies like MERCURY PAYMENT SYSTEMS.
Financial Services Industry $121,514
+23.4%
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.

What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Massdevelopment.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Massdevelopment, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Massdevelopment salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Massdevelopment

FAQ 1: How much does a Massdevelopment employee make?
Massdevelopment pays its employees an average of $98,478 per year. The average salary at Massdevelopment range from $86,353 to $111,787 per year. 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.
FAQ 2: Which similar company tend to pay more or less than Massdevelopment?
The salary at Massdevelopment is lesser than the similar company. The average annual salary at Massdevelopment is $98,478, or an hourly wage of $47, in comparison to MERCHANT INDUSTRY LLC which pays $101,030 per year or $49 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Massdevelopment?
In many roles at Massdevelopment, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Boston affect the perceived value of a Massdevelopment salary?
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). This significantly impacts the purchasing power of a salary from Massdevelopment based there. Our "Cost of Living Insights for Boston" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Massdevelopment typically offer employees?
Massdevelopment generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Massdevelopment" section on this page.

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