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Memphis Music Initiative Salary

Memphis Music Initiative Salary

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As of August 2026, the average annual salary for employees at Memphis Music Initiative in the United States is $81,325. This translates to an approximate hourly wage of $39. Salaries at Memphis Music Initiative typically range from $71,338 to $92,162 annually, reflecting the diverse roles and experience levels within the company.
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Is Memphis Music Initiative’s Pay Competitive? Salary Benchmarking Analysis

How does Memphis Music Initiative'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
KBC Securities $95,037
+16.9%
Reflects structural premiums typical of KBC Securities's large-cap national operations.
Premier Financial Investment Group LLC $99,320
+22.1%
Reflects a supply-demand imbalance for the specific talent Premier Financial Investment Group LLC targets.
Capital Resource Credit $94,510
+16.2%
Driven by niche technical certifications required for Capital Resource Credit's specialized projects.
Kemba Charleston Federal Credit Union $80,439
-1.1%
Suggests Kemba Charleston Federal Credit Union utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+49.4%
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.

How Memphis Music Initiative's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Memphis Music Initiative

Considering a career at Memphis Music Initiative? 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.
Workload is manageable and performance expectations are clear. It's a dynamic place to grow professionally in the financial services sector. Diversity and inclusion are more than buzzwords at this financial services leader. The firm’s size means access to global opportunities and top-tier clients. Recognition programs ensure outstanding work is noticed and rewarded, from spot bonuses to annual awa...
Commented in March 03, 2025
30
1
Benefits are standard, not industry-leading. Help desk support responds within hours, not days. Training programs exist but vary in effectiveness and frequency. Change happens Managers are practical, not personable. The company culture is inclusive and supportive, making it an enjoyable place to work. HR responds to inquiries quickly. What impresses me most is the culture of mutual respect and con...
Commented in December 12, 2024
22
3
The collaborative culture is a significant strength. The environment makes it easier to succeed. I’ve grown professionally here and feel consistently encouraged to contribute ideas and lead projects. Operations are seamless, yet individual achievements are celebrated.
Commented in November 08, 2024
17
3

Memphis Music Initiative Overview

Website
www.memphismusicinitiative.org
Founded In
2014
Employees
<25 employees
Industry
Financial Services
Headquarter Address
198 Dr. Martin Luther King Jr. Ave Memphis Tennessee TN 38103
Revenue
<$5 Million
Phone Number
+1 9014104100
Social Media
About Memphis Music Initiative
Memphis Music Initiative (MMI) invests in youth through transformative music engagement, inspiring creativity and liberation mindsets for black and brown youth in Memphis. MMI's work centers equity and restorative justice, using Memphis' black musical legacy as a muse for cultural pride, self-expression, and self-worth. MMI invests in two ways: through direct programs that connect youth to high-qu

What Benefits Does Memphis Music Initiative Offer Beyond Salary?

A competitive compensation package is more than just a salary. Memphis Music Initiative 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 Memphis Music Initiative?
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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 Memphis Music Initiative.
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 Memphis Music Initiative, 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 Memphis Music Initiative 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 Memphis Music Initiative

1. How much does Memphis Music Initiative in the United States pay?

Memphis Music Initiative pays its employees an average of $81,325 per year. The average salary at Memphis Music Initiative range from $71,338 to $92,162 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.

2. Do Memphis Music Initiative employees get a higher salary than its peer company?

The salary at Memphis Music Initiative is lesser than its peer company. The average annual salary at Memphis Music Initiative is $81,325, or an hourly wage of $39, in comparison to KBC Securities which pays $95,037 per year or $46 per hour.

3. What are the highest paying jobs at Memphis Music Initiative?

The higher-paying job at Memphis Music Initiative, according to our data, include Executive Director (avg. $148,603 per year), Director, Finance& Operations (avg. $147,465 per year), and Manager, Finance & Operations (avg. $92,010 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Memphis Music Initiative?

Salary progression with years of experience at Memphis Music Initiative is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Memphis Music Initiative vary by office location?

Yes, it's very likely that salaries at Memphis Music Initiative vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Memphis section provides more context.

6. Does Memphis Music Initiative offer good benefits?

Memphis Music Initiative typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Memphis Music Initiative" section on this page.

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