| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Pek Inc | $83,245 |
+6.5%
|
Driven by niche technical certifications required for Pek Inc's specialized projects. |
| Brothers Drake Meadery | $88,139 |
+12.8%
|
Supported by Brothers Drake Meadery's high-margin contracts allowing higher overhead. |
| Timan Custom Window Treatments Inc | $90,217 |
+15.4%
|
Reflects a supply-demand imbalance for the specific talent Timan Custom Window Treatments Inc targets. |
| Euro Living Furniture | $85,576 |
+9.5%
|
Adjusted for higher cost-of-living indices in Euro Living Furniture's primary metro hubs. |
| Retail & Wholesale Industry | $123,318 |
+57.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$83,245 / year
Salary Range: $73,217 - $94,137
Greenwell Springs, LA
$88,139 / year
Salary Range: $77,523 - $99,673
Columbus, OH
$90,217 / year
Salary Range: $79,347 - $102,014
Rocky River, OH
$85,576 / year
Salary Range: $75,260 - $96,771
Orlando, FL
$85,650 / year
Salary Range: $75,324 - $96,856
Salina, KS
$83,340 / year
Salary Range: $73,299 - $94,247
Zanesville, OH
$102,157 / year
Salary Range: $89,839 - $115,513
Commack, NY
$101,862 / year
Salary Range: $89,592 - $115,184
Maplewood, NJ
$100,522 / year
Salary Range: $88,410 - $113,672
Buena Park, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $700 - $1,100+ | A significant portion of Monk Farms salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $260 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | Limited local transit | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $360 - $530 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $280 - $550+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $340 - $630+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,870 - $3,070+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Monk Farms is approximately $78,171. However, this is an aggregate figure, actual salaries can range significantly, typically from $68,754 to $88,394, depending on factors like job role, experience, and location.
The average annual salary at Monk Farms is $78,171, or an hourly wage of $38, in comparison to Pek Inc which pays $83,245 per year or $40 per hour.
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 Monk Farms for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Monk Farms, 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.
Most companies, likely including Monk Farms, 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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