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Parallel Payments Inc Salary

Parallel Payments Inc Salary

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As of August 2026, the average annual salary for employees at Parallel Payments Inc in the United States is $94,521. This translates to an approximate hourly wage of $45. Salaries at Parallel Payments Inc typically range from $82,902 to $107,099 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parallel Payments Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Parallel Payments Inc. Based on our data, the highest paying job is the Chief Financial Officer, with an annual salary of $381,462. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Parallel Payments Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Parallel Payments 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
UCG Processing LLC $86,145
-8.9%
UCG Processing LLC operates with a leaner overhead structure, impacting base wage offers.
Ha Federal Funding I Trust C/o Bny Mellon Trust of Delaware, as Owner Trustee $98,233
+3.9%
Reflects a supply-demand imbalance for the specific talent Ha Federal Funding I Trust C/o Bny Mellon Trust of Delaware, as Owner Trustee targets.
ALPHABETA Inc $87,970
-6.9%
Reflects market rates for standard general contracting, differing from specialized roles.
William A Njie Holding LLC $104,404
+10.5%
Supported by William A Njie Holding LLC's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+28.6%
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 Payments Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Parallel Payments Inc

Considering a career at Parallel Payments 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.
Social connections develop naturally. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose. Professional development is a priority, offering everything from workshops to global rotations. The daily routine rarely changes, and new ideas take time to implement.
Commented in May 16, 2025
36
1
Enjoyable culture and great benefits. This autonomy fosters responsibility and a sense of ownership over my work. Great mentorship and professional development. Reliable technology stacks make our jobs easier. I've never felt siloed - everyone shares knowledge willingly. Agendas are distributed in advance.
Commented in January 11, 2025
36
3
Leaders are approachable, team members are collaborative, and the organization values high standards and continuous improvement. The pride employees take in their work is evident, making this a fulfilling place to build a career in finance. The culture is supportive, and managers genuinely care about employee well-being. We’re trusted to manage our time, and the flexibility helps balance personal ...
Commented in January 17, 2024
46
0

Parallel Payments Inc Overview

Website
www.parallelpayments.com
Founded In
2014
Employees
<25 employees
Industry
Financial Services
Headquarter Address
300 Delaware Ave Wilmington Delaware DE 19801
Revenue
<$5 Million
Phone Number
+1 3028247073
Social Media
About Parallel Payments Inc
Parallel Payments provides a dedicated team to assist you in building your shop systems. We can work with you to create any kind of shop system that you require.

What Benefits Does Parallel Payments Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel Payments 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 Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Parallel Payments Inc.
Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Parallel Payments Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Parallel Payments Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,550 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parallel Payments Inc

1. What is the average salary for employees at Parallel Payments Inc?

The average annual total compensation for employees at Parallel Payments Inc is approximately $94,521. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,902 to $107,099, depending on factors like job role, experience, and location.

2. How much does Parallel Payments Inc pay compared to UCG Processing LLC?

The average annual salary at Parallel Payments Inc is $94,521, or an hourly wage of $45, in comparison to UCG Processing LLC which pays $86,145 per year or $41 per hour.

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

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

4. Does Parallel Payments Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Wilmington?

While some companies offer formal COLA, many, including potentially Parallel Payments Inc, 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 Payments Inc?

Most companies, likely including Parallel Payments Inc, 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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