Payformance Solutions Inc Salary

Payformance Solutions Inc Salary

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As of July 2026, the average annual salary for employees at Payformance Solutions Inc in the United States is $93,107. This translates to an approximate hourly wage of $45. Salaries at Payformance Solutions Inc typically range from $81,830 to $105,343 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Payformance Solutions Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Payformance Solutions Inc. Based on our data, the highest paying job is the Data Scientist, with an annual salary of $101,374. 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 Payformance Solutions Inc

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

Is Payformance Solutions Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Payformance 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
Dutch Casting Agency $83,983
-9.8%
Dutch Casting Agency may offer non-monetary perks in lieu of competitive base salaries.
Oliver Finley Academy of Cosmetology $82,295
-11.6%
Typical compensation structure for smaller regional agencies like Oliver Finley Academy of Cosmetology.
Reputation Rhino LLC $106,313
+14.2%
Supported by Reputation Rhino LLC's high-margin contracts allowing higher overhead.
Collaborative Dispute Resolution Professionals $98,181
+5.4%
Adjusted for higher cost-of-living indices in Collaborative Dispute Resolution Professionals's primary metro hubs.
Business Services Industry $120,931
+29.9%
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 Payformance Solutions Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Payformance Solutions Inc

Considering a career at Payformance 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.
Met our requirements without added value. This balance makes the work incredibly engaging and fulfilling, accelerating my professional development in the financial sector significantly. Work-life balance and reliable structure. Career movement exists but is limited to certain departments. Managers give helpful feedback, and there’s space to take initiative.
Commented in May 23, 2025
34
0
They lead by example and are open to discussions, making you feel heard. Employees thrive in a culture of open communication and shared success. Great value for money. Benefits are solid, and work-life balance is encouraged. The company offers thoughtful leadership. Feedback is actively sought and used to make things better. The company culture celebrates client successes as our own, creating genu...
Commented in September 16, 2024
25
0
Working here has provided me with multiple avenues to grow. It’s a modern approach that I really value. I was given significant responsibility early in my tenure, which accelerated my learning curve immensely.
Commented in January 07, 2024
31
2

Payformance Solutions Inc Overview

Website
www.payformancesolutions.com
Founded In
2017
Employees
<25 employees
Industry
Business Services
Headquarter Address
330 N Wabash Ave Chicago Illinois IL 60611
Revenue
<$5 Million
Phone Number
+1 7343024735
Social Media
About Payformance Solutions Inc
Payformance Solutions is a value-based reimbursement service provider dedicated to advancing payment transformation in the healthcare industry. Leveraging our affiliation with nonprofit research and consulting organization Altarum, we launched a suite of services to equip payers and providers with the technical tools and resources required to design, evaluate, build, measure and negotiate value-ba

What Benefits Does Payformance Solutions Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Payformance 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Payformance Solutions Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Payformance Solutions Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Payformance Solutions Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Payformance Solutions Inc

1. How much does Payformance Solutions Inc in the United States pay?

Payformance Solutions Inc pays its employees an average of $93,107 per year. The average salary at Payformance Solutions Inc range from $81,830 to $105,343 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. Do Payformance Solutions Inc employees get a higher salary than its peer company?

The salary at Payformance Solutions Inc is higher than its peer company. The average annual salary at Payformance Solutions Inc is $93,107, or an hourly wage of $45, in comparison to Dutch Casting Agency which pays $83,983 per year or $40 per hour.

3. What are the highest paying jobs at Payformance Solutions Inc?

The higher-paying job at Payformance Solutions Inc, according to our data, include Data Scientist (avg. $101,374 per year), Senior Data Engineer (avg. $89,167 per year), and Quality Assurance Specialist (avg. $88,152 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Payformance Solutions Inc?

Salary progression with years of experience at Payformance Solutions Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Payformance Solutions Inc vary by office location?

Yes, it's very likely that salaries at Payformance Solutions Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

6. Does Payformance Solutions Inc offer good benefits?

Payformance Solutions Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Payformance Solutions Inc" section on this page.

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