Paymasters Inc Salary

Paymasters Inc Salary

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As of July 2026, the average annual salary for employees at Paymasters Inc in the United States is $80,798. This translates to an approximate hourly wage of $39. Salaries at Paymasters Inc typically range from $71,017 to $91,418 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Paymasters Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Paymasters Inc. Based on our data, the highest paying job is the Human Resources, with an annual salary of $56,603. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Paymasters Inc

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

Is Paymasters Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Paymasters 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
C|P|H Structural Engineering Inc $89,795
+11.1%
Reflects structural premiums typical of C|P|H Structural Engineering Inc's large-cap national operations.
Meridian Automotive $81,346
+0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Smog LLC $101,377
+25.5%
Reflects a supply-demand imbalance for the specific talent Smog LLC targets.
HP Law LLC $94,732
+17.2%
Adjusted for higher cost-of-living indices in HP Law LLC's primary metro hubs.
Business Services Industry $120,931
+49.7%
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.

How Paymasters Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Paymasters Inc

Considering a career at Paymasters 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.
Training is available but mostly self-directed. Communication is clear, but project timelines sometimes extend beyond initial estimates. Good experience overall, and it is particularly inspiring or innovative.
Commented in April 09, 2025
30
1
With competitive compensation and a strong focus on development, it’s an organization that truly values its people. Their business solutions have streamlined our processes, saving us time and resources. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynamic market. Adequate for basic needs. There’s a strong focus on efficient pro...
Commented in March 28, 2025
42
2
The onboarding process was smooth and welcoming. Coworkers are kind, the work is balanced, and it’s a company that values its people. We're kept informed about company performance and future plans. The company does care about its people, but sometimes struggles with implementation. There’s an emphasis on development and cross-functional teamwork.
Commented in January 18, 2025
39
1

Paymasters Inc Overview

Website
www.paymasters.co
Founded In
2011
Employees
<25 employees
Industry
Business Services
Headquarter Address
495 Hwy 10 E Detroit Lakes Minnesota MN 56501
Revenue
<$5 Million
Phone Number
+1 2188447560
Social Media
About Paymasters Inc
We are a Detroit Lakes, Minnesota based company providing payroll help, employee benefit administration, human resource services, and more to clients in our region and beyond. Our SERVICES

What Benefits Does Paymasters Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paymasters 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)
Work at Paymasters Inc?
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Paymasters Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Paymasters Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Paymasters Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Paymasters Inc

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

The typical annual salary range for most roles at Paymasters Inc is approximately from $71,017 to $91,418. 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 Paymasters Inc pay compared to C|P|H Structural Engineering Inc?

The average annual salary at Paymasters Inc is $80,798, or an hourly wage of $39, in comparison to C|P|H Structural Engineering Inc which pays $89,795 per year or $43 per hour.

3. How does experience level affect salary at Paymasters Inc?

Experience level is a significant factor in determining salary at Paymasters 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.

4. How can I determine if a salary offer from Paymasters Inc in Minneapolis is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Paymasters Inc?

Several key factors influence salary levels at Paymasters Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Paymasters Inc likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.

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