ParaRev Salary

ParaRev Salary

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As of April 2026, the average annual salary for employees at ParaRev in the United States is $93,898. This translates to an approximate hourly wage of $45. Salaries at ParaRev typically range from $82,527 to $106,233 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at ParaRev

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

Is ParaRev’s Pay Competitive? Salary Benchmarking Analysis

How does ParaRev'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
TriCap Properties LLC $85,565
-8.9%
Typical compensation structure for smaller regional agencies like TriCap Properties LLC.
Fitzpatrick Professional Accountancy LLP $93,740
-0.2%
Suggests Fitzpatrick Professional Accountancy LLP utilizes a highly similar base-plus-benefits compensation model.
Premier Communities Management Co $90,344
-3.8%
Premier Communities Management Co may offer non-monetary perks in lieu of competitive base salaries.
kwik kote Corp $90,122
-4.0%
kwik kote Corp likely leverages performance bonuses over the high base salary shown here.
Business Services Industry $120,931
+28.8%
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 ParaRev's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at ParaRev

Considering a career at ParaRev? 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.
Clear expectations, but career progression takes time. It’s a decent place to gain experience, the exciting environment for ambitious professionals. The management team is responsive and genuinely listens to concerns. Supportive team, flexible hours, and a strong focus on professional development. The work environment is energetic and positive, with plenty of room to grow.
Commented in May 11, 2025
21
3
The ethical standards and integrity of this company are top-notch. Leadership stays accessible, and progress is measured fairly. The management team is attentive, and there’s a strong effort to support employee well-being and development. This agility gives me confidence in our long-term success and makes it an exciting place to work, as we are always evolving. Clear processes and expectations mak...
Commented in November 26, 2024
33
3
Best suited for those who value predictability and consistency over creative challenges. I feel valued, challenged, and motivated every day to contribute my best. The physical workspace is bright, open, and conducive to collaboration. It’s a fine place to work if you prefer structure and routine. Workload is manageable, and deadlines are communicated clearly.
Commented in January 30, 2024
38
0

ParaRev Overview

Website
www.pararevenue.com
Founded In
1985
Employees
<25 employees
Industry
Business Services
Headquarter Address
2500 Westfield Dr Elgin Illinois IL 60124
Revenue
$5 Million - $10 Million
Phone Number
+1 8477069200
Social Media
About ParaRev
Founded in 1985 and headquartered in Elgin, Illinois, ParaRev is a healthcare revenue cycle management services specialist providing front-end charge master analysis and contract management to end-of-cycle zero balance denial recovery.

What Benefits Does ParaRev Offer Beyond Salary?

A competitive compensation package is more than just a salary. ParaRev 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 Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at ParaRev.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from ParaRev, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of ParaRev salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of ParaRev

1. How much does a ParaRev employee make?

ParaRev pays its employees an average of $93,898 per year. The average salary at ParaRev range from $82,527 to $106,233 per year. 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. Which similar company tend to pay more or less than ParaRev?

The salary at ParaRev is higher than the similar company. The average annual salary at ParaRev is $93,898, or an hourly wage of $45, in comparison to TriCap Properties LLC which pays $85,565 per year or $41 per hour.

3. How much does a Director, Financial Analytics typically earn at ParaRev?

A Director, Financial Analytics at ParaRev typically earns an average annual base salary of around $164,217, with a general range of $145,744 to $185,408.

4. Do employees with advanced degrees (Master's, PhD) earn more at ParaRev?

In many roles at ParaRev, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Elgin affect the perceived value of a ParaRev salary?

Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). This significantly impacts the purchasing power of a salary from ParaRev based there. Our "Cost of Living Insights for Elgin" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does ParaRev typically offer employees?

ParaRev generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at ParaRev" section on this page.

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