$648,879 / year
Salary Range: $496,508 - $817,759
Executive
$110,457 / year
Salary Range: $100,745 - $118,309
Information Technology
$89,292 / year
Salary Range: $77,630 - $97,156
Operations
$70,935 / year
Salary Range: $62,067 - $84,780
Insurance
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Al Rayan Restaurant & Market | $82,306 |
-1.8%
|
Suggests Al Rayan Restaurant & Market utilizes a highly similar base-plus-benefits compensation model. |
| Stevens Point Ford | $85,048 |
+1.5%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Phoenix & Dragon Bookstore | $89,510 |
+6.8%
|
Adjusted for higher cost-of-living indices in Phoenix & Dragon Bookstore's primary metro hubs. |
| Merchant Technologies | $82,201 |
-1.9%
|
Confirms Merchant Technologies is a direct competitor vying for the exact same talent pool. |
| Retail & Wholesale Industry | $123,318 |
+47.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$82,306 / year
Salary Range: $72,392 - $93,076
Murfreesboro, TN
$85,048 / year
Salary Range: $74,802 - $96,173
Stevens Point, WI
$89,510 / year
Salary Range: $78,715 - $101,209
Atlanta, GA
$82,201 / year
Salary Range: $72,291 - $92,954
Wilmington, NC
$89,616 / year
Salary Range: $78,816 - $101,331
Scottsdale, AZ
$89,046 / year
Salary Range: $78,321 - $100,697
Irving, TX
$86,599 / year
Salary Range: $76,158 - $97,917
Pompano Beach, FL
$96,926 / year
Salary Range: $85,248 - $109,611
Branford, CT
$99,383 / year
Salary Range: $87,402 - $112,379
Paramount, 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) | $1,800 - $2,700+ | A significant portion of Newly salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | Limited local, WeGo access | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $650 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $480 - $850+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $740+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,300 - $5,170+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Newly pays its employees an average of $83,825 per year. The average salary at Newly range from $73,721 to $94,783 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.
The salary at Newly is higher than the similar company. The average annual salary at Newly is $83,825, or an hourly wage of $40, in comparison to Al Rayan Restaurant & Market which pays $82,306 per year or $40 per hour.
A Co-Founder at Newly typically earns an average annual base salary of around $648,879, with a general range of $496,508 to $817,759.
In many roles at Newly, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Franklin's Cost of Living Index is approximately 120.8 (20.8% more expensive than US average; 33.9% more than TN average). This significantly impacts the purchasing power of a salary from Newly based there. Our "Cost of Living Insights for Franklin" module details this impact, helping you assess the 'real feel' value of your compensation.
Newly generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Newly" section on this page.
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