Paragon Financial Solutions Inc Salary

As of August 2026, the average annual salary for employees at Paragon Financial Solutions Inc in the United States is $88,266. This translates to an approximate hourly wage of $42. Salaries at Paragon Financial Solutions Inc typically range from $77,377 to $100,088 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Paragon Financial Solutions Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Paragon Financial Solutions Inc. Based on our data, the highest paying job is the Vice President, Business Development Officer, with an annual salary of $266,398. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Paragon Financial Solutions Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Paragon Financial Solutions 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
Tagwear Holdings LLC $99,879
+13.2%
Supported by Tagwear Holdings LLC's high-margin contracts allowing higher overhead.
SABA Holding Co $99,299
+12.5%
Adjusted for higher cost-of-living indices in SABA Holding Co's primary metro hubs.
Guaranty Bank - Milwaukee, WI $91,694
+3.9%
Driven by niche technical certifications required for Guaranty Bank - Milwaukee, WI's specialized projects.
S Government Federal Reserve Bank $92,664
+5.0%
Data suggests S Government Federal Reserve Bank's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+37.7%
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 Paragon Financial Solutions Inc

Considering a career at Paragon Financial Solutions 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.
In the fast-paced financial industry, this company excels at promoting work-life balance. It’s an organization that genuinely wants to make a positive difference for clients and employees alike. They really consider what employees need for security and peace of mind these days. The organization stays modern with its tools and fosters a respectful, collaborative atmosphere among all departments. We...
Communication is formal, with limited opportunities for employee feedback to influence change. The leadership sets a high standard and leads by example. The company is agile and adapts well to market changes. Hiring practices promote equal opportunity. Communication between departments could be improved to enhance collaboration. Gestures like handwritten thank-you notes from managers mean a lot.
Excellent mentorship and structured career path. While that suits the industry, it sometimes limits experimentation. Most importantly, there’s a shared passion for delivering exceptional financial solutions ethically. Great mentoring, excellent work culture, and a shared commitment to excellence make this company stand out. Employees are given meaningful responsibilities, fostering professional gr...
Goals are set collaboratively with regular check-ins. Compensation is standard, with modest perks. Strong leadership fosters professional growth and teamwork. 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.

Paragon Financial Solutions Inc Overview

Website
www.bankparagon.com
Founded In
2014
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
PO Box 2022 Memphis Tennessee TN 38101
Revenue
$5 Million - $10 Million
Phone Number
+1 9012732900
Social Media
About Paragon Financial Solutions Inc
Paragon Financial Solutions, Inc. provides various banking products and services to individual, and small and mid-sized businesses in the United States. It offers deposit products, including checking accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, and IRAs. The company also provides personal loans, which include mortgage, auto, residential construction, lo

What Benefits Does Paragon Financial Solutions Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paragon Financial Solutions 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Paragon Financial Solutions Inc.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Paragon Financial Solutions Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Paragon Financial Solutions Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Paragon Financial Solutions Inc

1. What is the typical salary range (low to high) for most roles at Paragon Financial Solutions Inc?

The typical annual salary range for most roles at Paragon Financial Solutions Inc is approximately from $77,377 to $100,088. 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 Paragon Financial Solutions Inc pay compared to Tagwear Holdings LLC?

The average annual salary at Paragon Financial Solutions Inc is $88,266, or an hourly wage of $42, in comparison to Tagwear Holdings LLC which pays $99,879 per year or $48 per hour.

3. Do salaries differ significantly between departments at Paragon Financial Solutions Inc?

Yes, salaries often differ between departments at Paragon Financial Solutions 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 Paragon Financial Solutions Inc?

Experience level is a significant factor in determining salary at Paragon Financial Solutions 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 Paragon Financial Solutions Inc in Memphis is fair given the local cost of living?

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

6. What factors influence salary increases at Paragon Financial Solutions Inc?

Salary increases at Paragon Financial Solutions Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.