New Star Funding Salary

As of August 2026, the average annual salary for employees at New Star Funding in the United States is $93,118. This translates to an approximate hourly wage of $45. Salaries at New Star Funding typically range from $81,620 to $105,636 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at New Star Funding

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

Is New Star Funding’s Pay Competitive? Salary Benchmarking Analysis

How does New Star Funding'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
Klik Technologies Corp $110,912
+19.1%
Reflects a supply-demand imbalance for the specific talent Klik Technologies Corp targets.
Bank Board Small Savers $104,436
+12.2%
Adjusted for higher cost-of-living indices in Bank Board Small Savers's primary metro hubs.
Benchmark Merchant Solutions LLC $95,438
+2.5%
Confirms Benchmark Merchant Solutions LLC is a direct competitor vying for the exact same talent pool.
Premier Banks $103,180
+10.8%
Influenced by prevailing union wage agreements specific to Premier Banks's sector.
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.

Employee Reviews: Working at New Star Funding

Considering a career at New Star Funding? 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.
This constructive mindset makes tough situations manageable. The company culture actively promotes inclusivity and celebrates diverse perspectives, making it a welcoming place for everyone. Client-centric approach shines in every interaction. Workload is fair and deadlines are usually reasonable.
Change happens Managers are practical, not personable. The culture emphasizes collaboration, innovation, and diversity, making every day rewarding. The company is known for solid benefits and work-life balance, but promotion paths are not well defined.
The overall atmosphere is collaborative rather than competitive. The work environment is collaborative, with strong support from management and peers. In the fast-paced financial industry, this company excels at promoting work-life balance. The benefits are excellent, providing healthcare, wellness programs, and retirement plans. Training is available but sometimes lacks depth. From team-building ...
Public transit options abound. Management prioritizes meeting deadlines over team building. While compensation is fair, the work environment can suit those seeking rapid career progression or dynamic innovation.
With employees, there’s a rich mix of backgrounds, perspectives, and ideas. Family emergencies are accommodated. Secure systems prevent breaches. Career progression is possible.

New Star Funding Overview

Website
www.newstarfinancialinc.com
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
323 S Stephenson Ave Iron Mountain Michigan MI 49801
Revenue
$10 Million - $50 Million
Phone Number
+1 9084588890
Social Media
About New Star Funding
New Star Funding is a company that operates in the Financial Services industry. It employs 101-250 people and has $25M-$50M of revenue. The company is headquartered in Iron Mountain, Michigan.

What Benefits Does New Star Funding Offer Beyond Salary?

A competitive compensation package is more than just a salary. New Star Funding 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at New Star Funding.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from New Star Funding, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of New Star Funding salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of New Star Funding

1. What is the average salary for employees at New Star Funding?

The average annual total compensation for employees at New Star Funding is approximately $93,118. However, this is an aggregate figure, actual salaries can range significantly, typically from $81,620 to $105,636, depending on factors like job role, experience, and location.

2. How much does New Star Funding pay compared to Klik Technologies Corp?

The average annual salary at New Star Funding is $93,118, or an hourly wage of $45, in comparison to Klik Technologies Corp which pays $110,912 per year or $53 per hour.

3. How does having a professional certification impact salary for relevant roles at New Star Funding?

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 New Star Funding for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does New Star Funding offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?

While some companies offer formal COLA, many, including potentially New Star Funding, 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.

5. What's the typical process for salary reviews and raises at New Star Funding?

Most companies, likely including New Star Funding, 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.