Parallel Development Ltd Salary

Parallel Development Ltd Salary

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As of April 2026, the average annual salary for employees at Parallel Development Ltd in the United States is $106,282. This translates to an approximate hourly wage of $51. Salaries at Parallel Development Ltd typically range from $93,413 to $120,244 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parallel Development Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Parallel Development Ltd. Based on our data, the highest paying job is the Manager, Business, with an annual salary of $133,257. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Parallel Development Ltd

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

Is Parallel Development Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Parallel Development Ltd'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
Prestige Advance Systems Inc $101,672
-4.3%
Typical compensation structure for smaller regional agencies like Prestige Advance Systems Inc.
Cicerchi Development Company LLC $91,746
-13.7%
Cicerchi Development Company LLC may offer non-monetary perks in lieu of competitive base salaries.
Butterhill Holdings Inc the Above Space Is for Filing $104,805
-1.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Northwest Retirement Plan Consultants LLC $97,822
-8.0%
Northwest Retirement Plan Consultants LLC focuses strategically on recruiting and training entry-level apprentices.
Business Services Industry $120,931
+13.8%
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.

How Parallel Development Ltd's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Parallel Development Ltd. Click a company name to learn more.

Employee Reviews: Working at Parallel Development Ltd

Considering a career at Parallel Development Ltd? 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 offers a collaborative environment. They’ve put thought into the layout, encouraging both collaboration and focused work. Career movement exists but is limited to certain departments. From onboarding to execution, their services are seamless.
Commented in April 21, 2025
30
3
This clarity helps us understand how our individual contributions directly support the company's overarching financial objectives. The work environment is energetic and positive, with plenty of room to grow. Work-life balance is respected, but workloads fluctuate. I’ve learned a lot and felt truly welcomed from day one. Benefits include health insurance, paid time off, and wellness programs. Worki...
Commented in November 02, 2024
14
0
Services are reliable, but the lack of customization options limits their appeal for more complex projects. It’s a supportive and friendly atmosphere that makes coming to work a pleasure. Service quality was consistent across engagements. Stable job but limited creativity. My manager takes the time to understand my career goals and helps me create a plan to achieve them.
Commented in January 26, 2024
8
0

Parallel Development Ltd Overview

Website
www.parallel.nyc
Founded In
2018
Employees
<25 employees
Industry
Business Services
Headquarter Address
810 Humboldt St Brooklyn New York NY 11222
Revenue
$5 Million - $10 Million
Phone Number
+1 7185990037
Social Media
About Parallel Development Ltd
Parallel Development is a design and fabrication studio specializing in electronic media systems and custom LED displays. Based in Brooklyn, NY, we collaborate with designers, artists and architects to bring their visions to life. Our services include project management, design, engineering, fabrication, installation and maintenance. Check out the Projects section to see what we're capable of. Int

What Benefits Does Parallel Development Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel Development Ltd 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 Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Parallel Development Ltd.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Parallel Development Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Parallel Development Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parallel Development Ltd

1. What is the average salary for employees at Parallel Development Ltd?

The average annual total compensation for employees at Parallel Development Ltd is approximately $106,282. However, this is an aggregate figure, actual salaries can range significantly, typically from $93,413 to $120,244, depending on factors like job role, experience, and location.

2. How much does Parallel Development Ltd pay compared to Prestige Advance Systems Inc?

The average annual salary at Parallel Development Ltd is $106,282, or an hourly wage of $51, in comparison to Prestige Advance Systems Inc which pays $101,672 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at Parallel Development Ltd?

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 Parallel Development Ltd for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Parallel Development Ltd offer cost-of-living adjustments (COLA) for employees in high-cost areas like Brooklyn?

While some companies offer formal COLA, many, including potentially Parallel Development Ltd, 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 Parallel Development Ltd?

Most companies, likely including Parallel Development Ltd, 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.

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