New Equipment Leasing Inc Salary

As of August 2026, the average annual salary for employees at New Equipment Leasing Inc in the United States is $86,757. This translates to an approximate hourly wage of $42. Salaries at New Equipment Leasing Inc typically range from $76,094 to $98,307 annually, reflecting the diverse roles and experience levels within the company.

How Much Does New Equipment Leasing Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at New Equipment Leasing Inc. Based on our data, the highest paying job is the Account Executive, with an annual salary of $60,878. The table below outlines the annual salary ranges for most popular roles within the company.
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Is New Equipment Leasing Inc’s Pay Competitive? Salary Benchmarking Analysis

How does New Equipment Leasing Inc'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
Constellation Payments Inc $96,029
+10.7%
Driven by niche technical certifications required for Constellation Payments Inc's specialized projects.
Minority Alliance Capital LLC $90,101
+3.9%
Reflects structural premiums typical of Minority Alliance Capital LLC's large-cap national operations.
Vera Holdings LLC $106,651
+22.9%
Data suggests Vera Holdings LLC's workforce skews heavily towards veteran, high-tenure roles.
Cash Flow Capital Inc $87,126
+0.4%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $121,514
+40.1%
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.

Employee Reviews: Working at New Equipment Leasing Inc

Considering a career at New Equipment Leasing Inc? 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 distribution is managed thoughtfully. Leadership communicates long-term goals regularly. Anniversary celebrations acknowledge tenure milestones. This forward-thinking approach keeps us at the forefront of financial technology, providing exciting challenges and opportunities to work with state-of-the-art tools. Coworkers are helpful, and managers are encouraging.
The scale of operations—, allowing employees to gain exposure to different aspects of finance. Management values employee contributions and regularly shares company updates. I’m confident in my future here. Coworkers are driven and respectful, and leadership consistently promotes internal growth. The organization combines a strong emphasis on innovation with a supportive and inclusive work culture...
Training is offered but sometimes lacks depth or relevance to specific roles. The company provides stable employment and standard benefits, but workloads can be demanding, especially during peak periods. The company supports career mobility and fosters a growth mindset.

New Equipment Leasing Inc Overview

Website
www.nelinc.com
Founded In
1989
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2880 Thornhills Ave SE Grand Rapids Michigan MI 49546
Revenue
$5 Million - $10 Million
Phone Number
+1 6169573336
Social Media
About New Equipment Leasing Inc
New Equipment Leasing, Inc. was founded in July 1989 and has since remained family owned and operated. Over the years, we have experienced tremendous growth by providing a level of service that exceeds our customers and vendors expectations. New Equipment Leasing, Inc.'s employees ensure a commitment to excellence with over 100 years of combined financial experience. Our sales staff has extensive

What Benefits Does New Equipment Leasing Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. New Equipment Leasing Inc 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at New Equipment Leasing Inc.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from New Equipment Leasing Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of New Equipment Leasing Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of New Equipment Leasing Inc

1. What is the typical salary range (low to high) for most roles at New Equipment Leasing Inc?

The typical annual salary range for most roles at New Equipment Leasing Inc is approximately from $76,094 to $98,307. 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. How much does New Equipment Leasing Inc pay compared to Constellation Payments Inc?

The average annual salary at New Equipment Leasing Inc is $86,757, or an hourly wage of $42, in comparison to Constellation Payments Inc which pays $96,029 per year or $46 per hour.

3. Do salaries differ significantly between departments at New Equipment Leasing Inc?

Yes, salaries often differ between departments at New Equipment Leasing Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at New Equipment Leasing Inc?

Experience level is a significant factor in determining salary at New Equipment Leasing Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from New Equipment Leasing Inc in Grand Rapids is fair given the local cost of living?

To determine if a salary offer from New Equipment Leasing Inc in Grand Rapids is fair, first compare the gross salary to our data for similar roles at New Equipment Leasing Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.

6. Are the salaries listed for New Equipment Leasing Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for New Equipment Leasing Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.