Matrix Payment Systems Salary

Matrix Payment Systems Salary

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As of January 2026, the average annual salary for employees at Matrix Payment Systems in the United States is $93,149. This translates to an approximate hourly wage of $45. Salaries at Matrix Payment Systems typically range from $81,702 to $105,550 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Matrix Payment Systems

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

Is Matrix Payment Systems’s Pay Competitive? Salary Benchmarking Analysis

How does Matrix Payment Systems'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
Armor-Capital $94,130
+1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Bulloch First Bank $82,633
-11.3%
Bulloch First Bank operates with a leaner overhead structure, impacting base wage offers.
Kalshi $109,689
+17.8%
Driven by niche technical certifications required for Kalshi's specialized projects.
The Signatry $85,861
-7.8%
The Signatry focuses strategically on recruiting and training entry-level apprentices.
Financial Services Industry $121,514
+30.5%
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.

How Matrix Payment Systems's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Matrix Payment Systems

Considering a career at Matrix Payment Systems? 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’ve switched departments twice with full support from leadership. Internal transfers are possible but usually take time to approve and implement. The organization values innovation and ensures employees have access to tools and training needed to succeed in a competitive financial landscape. The collaborative atmosphere makes it easy to work across teams, and the focus on client satisfaction is u...
Commented in March 23, 2025
33
0
Transparent communication promotes trust and collaboration. Their expertise is evident in strategic decisions. Opportunities to lead and innovate are abundant, and leadership remains open to feedback and improvement ideas. What makes this financial services firm exceptional is its unwavering commitment to clients and integrity. Hiring standards are high but fair. Processes are efficient, though ri...
Commented in November 14, 2024
25
0
Employees are encouraged to upskill and explore cross-functional roles. This retains top talent within the organization. The firm's global reach provides diverse opportunities and exposure to international markets, making every day intellectually stimulating. Cutting-edge financial tools and technology keep employees engaged and efficient. It’s an environment where expertise is recognized, and str...
Commented in October 10, 2024
19
3

Matrix Payment Systems Overview

Website
www.matrix-ps.com
Founded In
2000
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2500 W Higgins Rd Hoffman Estates Illinois IL 60169
Revenue
<$5 Million
Phone Number
+1 8777380731
Social Media
About Matrix Payment Systems
Matrix Payment Systems is a payment services provider. It offers 3-year rate guarantee programs, 90-day trial, and etc. The company was founded in 2000 and is based in Hoffman Estates, Illinois.

What Benefits Does Matrix Payment Systems Offer Beyond Salary?

A competitive compensation package is more than just a salary. Matrix Payment Systems 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 Matrix Payment Systems?
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What Is the Cost of Living Near Hoffman Estates?

Understanding the cost of living near Hoffman Estates is key to truly evaluating a salary offer or your current compensation at Matrix Payment Systems.
Hoffman Estates' Cost of Living Index is approximately 104.5 (4.5% more expensive than US average; 11.4% more than IL average). NW Chicago suburb, corporate presence, housing above US avg. Pace bus. When planning your budget based on a salary from Matrix Payment Systems, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,850+ A significant portion of Matrix Payment Systems salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $370 - $670+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Matrix Payment Systems

1. What is the average salary for employees at Matrix Payment Systems?

The average annual total compensation for employees at Matrix Payment Systems is approximately $93,149. However, this is an aggregate figure, actual salaries can range significantly, typically from $81,702 to $105,550, depending on factors like job role, experience, and location.

2. How much does Matrix Payment Systems pay compared to Armor-Capital?

The average annual salary at Matrix Payment Systems is $93,149, or an hourly wage of $45, in comparison to Armor-Capital which pays $94,130 per year or $45 per hour.

3. What is the lowest salary at Matrix Payment Systems?

The lowest-paying job at Matrix Payment Systems is a Sales Support with a salary of $62,797 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 Matrix Payment Systems?

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 Matrix Payment Systems for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Matrix Payment Systems offer cost-of-living adjustments (COLA) for employees in high-cost areas like Hoffman Estates?

While some companies offer formal COLA, many, including potentially Matrix Payment Systems, 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 Matrix Payment Systems?

Most companies, likely including Matrix Payment Systems, 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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