Newtek Business Services Inc Salary

As of August 2026, the average annual salary for employees at Newtek Business Services Inc in the United States is $97,769. This translates to an approximate hourly wage of $47. Salaries at Newtek Business Services Inc typically range from $85,853 to $110,745 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Newtek Business Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Newtek Business Services Inc. Based on our data, the highest paying job is the Managing Director, with an annual salary of $756,821. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Newtek Business Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Newtek Business Services 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
Emerald Capital $94,774
-3.1%
Emerald Capital may offer non-monetary perks in lieu of competitive base salaries.
Incmobilia LLC $96,440
-1.4%
Confirms Incmobilia LLC is a direct competitor vying for the exact same talent pool.
Shea Labagh Dobberstein CPAs Inc $118,602
+21.3%
Data suggests Shea Labagh Dobberstein CPAs Inc's workforce skews heavily towards veteran, high-tenure roles.
Society of Accountants for Cooperatives $102,505
+4.8%
Supported by Society of Accountants for Cooperatives's high-margin contracts allowing higher overhead.
Business Services Industry $120,931
+23.7%
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 Newtek Business Services Inc

Considering a career at Newtek Business Services 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.
Benefits are above average, with added perks like wellness stipends. From onboarding to execution, their services are seamless. The emphasis on employee development and diversity is commendable. Still, the team is respectful, and the expectations are clearly communicated. It creates a sense of trust and unity across the entire organization.
Teams communicate well, using modern tools and inclusive practices. Management is approachable, and the team environment fosters creativity and innovation. Cross-functional collaboration is encouraged, and communication flows well across departments. Leadership has made DEI a strategic priority with measurable goals. The company offers a nurturing team. It’s a positive place for people looking to ...
No major complaints, but the onboarding process. The company offers meaningful work. The projects are challenging and diverse, which keeps things interesting and allows skill development. Overall, it’s a well-rounded organization that supports both professional development and personal work-life balance. Team dynamics are strong, with mutual respect and shared accountability being central values.
Management consistently checks in on team morale and actively seeks feedback for improvement. The work-life balance here is better than any other company I've worked for. Collaborative work culture drives success.

Newtek Business Services Inc Overview

Website
www.newtekone.com
Founded In
1998
Employees
100 - 200 employees
Industry
Business Services
Headquarter Address
4800 T Rex Ave Boca Raton Florida FL 33431
Revenue
$50 Million - $200 Million
Phone Number
+1 2123569500
Social Media
About Newtek Business Services Inc
NewtekOne is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, (collectively, NewtekOne), provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business (SMB) market.

What Benefits Does Newtek Business Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Newtek Business Services 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 Boca Raton?

Understanding the cost of living near Boca Raton is key to truly evaluating a salary offer or your current compensation at Newtek Business Services Inc.
Boca Raton's Cost of Living Index is approximately 121.1 (21.1% more expensive than US average; 17.5% more than FL average). Affluent South FL city (Palm Beach Co.), very high housing costs, upscale amenities. Palm Tran. When planning your budget based on a salary from Newtek Business Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $3,000+ A significant portion of Newtek Business Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Palm Tran monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,620 - $5,630+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Newtek Business Services Inc

1. What is the estimated average total compensation at Newtek Business Services Inc?

Salary.com estimates that the average total compensation package at Newtek Business Services Inc, which can include base salary, potential bonuses, and benefits, is around $97,769 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Newtek Business Services Inc pay compared to Emerald Capital?

The average annual salary at Newtek Business Services Inc is $97,769, or an hourly wage of $47, in comparison to Emerald Capital which pays $94,774 per year or $46 per hour.

3. Do salaries differ significantly between departments at Newtek Business Services Inc?

Yes, salaries often differ between departments at Newtek Business Services 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Newtek Business Services Inc?

Salary progression from an entry-level to a senior role at Newtek Business Services Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Newtek Business Services Inc in Boca Raton is fair given the local cost of living?

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

6. Are promotions at Newtek Business Services Inc usually accompanied by a significant salary increase?

Yes, promotions at Newtek Business Services Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.