Palms Trading Co Salary

As of October 2026, the average annual salary for employees at Palms Trading Co in the United States is $84,437. This translates to an approximate hourly wage of $41. Salaries at Palms Trading Co typically range from $74,261 to $95,478 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Palms Trading Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Palms Trading Co. Based on our data, the highest paying job is the President, with an annual salary of $653,614. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Palms Trading Co’s Pay Competitive? Salary Benchmarking Analysis

How does Palms Trading Co'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
S&H Flooring $87,179
+3.2%
Driven by niche technical certifications required for S&H Flooring's specialized projects.
Cake Cannabis $89,426
+5.9%
Data suggests Cake Cannabis's workforce skews heavily towards veteran, high-tenure roles.
Rich's Oil Service $94,215
+11.6%
Supported by Rich's Oil Service's high-margin contracts allowing higher overhead.
iTradeIMEX $93,339
+10.5%
Reflects a supply-demand imbalance for the specific talent iTradeIMEX targets.
Retail & Wholesale Industry $123,318
+46.0%
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 Palms Trading Co

Considering a career at Palms Trading Co? 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.
The company maintains a structured work environment. Great company with a strong reputation in retail. Training is provided, though it could be more in-depth for certain roles. The wholesale operations run smoothly, making daily tasks efficient. The company provides standard industry benefits, and the workload is balanced.
Highly recommend this company to anyone in the industry. The team is professional, and communication is clear. The company follows industry standards, and shifts are predictable. The company also gives back to the community, which adds to its positive reputation. Recognition programs ensure hard work doesn’t go unnoticed. The workplace is inclusive, and diversity is valued.
The company provides standard benefits, and the office setup is functional. Paychecks are always on time. Standard retail job.

Palms Trading Co Overview

Website
www.palmstrading.com
Founded In
1933
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1504 Lomas Blvd NW Albuquerque New Mexico NM 87104
Revenue
<$5 Million
Phone Number
+1 5052478504
Social Media
About Palms Trading Co
Palms Trading Company offers a breath-taking collection of Native American Indian jewelry, pottery and rugs. Browse through our selection now!

What Benefits Does Palms Trading Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Palms Trading Co 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 Albuquerque?

Understanding the cost of living near Albuquerque is key to truly evaluating a salary offer or your current compensation at Palms Trading Co.
Albuquerque's Cost of Living Index is approximately 91.1 (8.9% less expensive than US average; 2.7% less than NM average). Largest NM city, unique culture, affordable housing. ABQ RIDE, Rail Runner. When planning your budget based on a salary from Palms Trading Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Palms Trading Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (ABQ RIDE 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) $2,220 - $3,530+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Palms Trading Co

1. What is the average salary for employees at Palms Trading Co?

The average annual total compensation for employees at Palms Trading Co is approximately $84,437. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,261 to $95,478, depending on factors like job role, experience, and location.

2. How much does Palms Trading Co pay compared to S&H Flooring?

The average annual salary at Palms Trading Co is $84,437, or an hourly wage of $41, in comparison to S&H Flooring which pays $87,179 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Palms Trading Co?

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 Palms Trading Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Palms Trading Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Albuquerque?

While some companies offer formal COLA, many, including potentially Palms Trading Co, 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 Palms Trading Co?

Most companies, likely including Palms Trading Co, 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.