Modern Finance Co Salary

Modern Finance Co Salary

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As of August 2026, the average annual salary for employees at Modern Finance Co in the United States is $102,189. This translates to an approximate hourly wage of $49. Salaries at Modern Finance Co typically range from $89,638 to $115,793 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Modern Finance Co

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

Is Modern Finance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Modern Finance Co'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
MBS Financial LLC $77,359
-24.3%
MBS Financial LLC may offer non-monetary perks in lieu of competitive base salaries.
m richards partnership LP $91,029
-10.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Buyouts Insider/Argosy Group LLC $111,070
+8.7%
Supported by Buyouts Insider/Argosy Group LLC's high-margin contracts allowing higher overhead.
GrooveCar Inc $100,997
-1.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry $121,514
+18.9%
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 Modern Finance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Modern Finance Co

Considering a career at Modern Finance Co? 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.
The firm’s financial stability ensures job security. The work is challenging yet rewarding, with exposure to complex financial products and high-profile clients. I’ve improved my skills significantly in a short time, and I see a long-term future here. This environment works well for those who appreciate routine and job security but may frustrate employees seeking dynamic challenges. Little innovat...
Commented in February 28, 2025
35
0
Communication between departments could be improved to enhance collaboration. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynamic market. I appreciate the career development resources and cross-departmental support. The company encourages transparency, and collaboration is strong. There’s little to disrupt the daily grind. Lea...
Commented in February 02, 2025
48
0
I appreciate the focus on continuous improvement. I've been promoted based on performance and appreciated for my contributions. This discipline saves countless hours. This leadership style brings out my best work. Communication tends to be top-down, with little room for grassroots innovation.
Commented in March 04, 2024
47
2

Modern Finance Co Overview

Website
www.modernfinance.com
Founded In
1952
Employees
<25 employees
Industry
Financial Services
Headquarter Address
15315 Magnolia Blvd Sherman Oaks California CA 91403
Revenue
$5 Million - $10 Million
Phone Number
+1 8183796500
Social Media
About Modern Finance Co
Modern Finance is a consumer finance company specializing in automobile loans. The company purchases retail installment sales contracts from non franchised auto dealers in Southern California.

What Benefits Does Modern Finance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Modern Finance Co 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Modern Finance Co.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Modern Finance Co, 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 Modern Finance Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) 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) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Modern Finance Co

1. What is the average salary for employees at Modern Finance Co?

The average annual total compensation for employees at Modern Finance Co is approximately $102,189. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,638 to $115,793, depending on factors like job role, experience, and location.

2. How much does Modern Finance Co pay compared to MBS Financial LLC?

The average annual salary at Modern Finance Co is $102,189, or an hourly wage of $49, in comparison to MBS Financial LLC which pays $77,359 per year or $37 per hour.

3. What is the lowest salary at Modern Finance Co?

The lowest-paying job at Modern Finance Co is a Financial Operations Associate with a salary of $64,776 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 Modern Finance Co?

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 Modern Finance Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Modern Finance Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Los Angeles?

While some companies offer formal COLA, many, including potentially Modern Finance Co, 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 Modern Finance Co?

Most companies, likely including Modern Finance Co, 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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