PayRay Salary

As of April 2026, the average annual salary for employees at PayRay in the United States is $90,301. This translates to an approximate hourly wage of $43. Salaries at PayRay typically range from $79,210 to $102,331 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at PayRay

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Is PayRay’s Pay Competitive? Salary Benchmarking Analysis

How does PayRay'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
Strategic Compliance Partners $96,335
+6.7%
Influenced by prevailing union wage agreements specific to Strategic Compliance Partners's sector.
Scott's Fort Myers - Instant Approval $86,968
-3.7%
Scott's Fort Myers - Instant Approval may offer non-monetary perks in lieu of competitive base salaries.
4K Land Holdings LLC $90,449
+0.2%
Confirms 4K Land Holdings LLC is a direct competitor vying for the exact same talent pool.
TenderCard $94,921
+5.1%
Adjusted for higher cost-of-living indices in TenderCard's primary metro hubs.
Financial Services Industry $121,514
+34.6%
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.

Employee Reviews: Working at PayRay

Considering a career at PayRay? 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.
Work equipment is high-quality and reliable. With team members, there’s a strong sense of community, and leadership prioritizes transparency and growth. Leadership fosters a respectful, empowering environment where collaboration thrives. Employees seeking stability and a clear framework will find this workplace suitable, but it can appeal to those wanting a fast-moving, entrepreneurial atmosphere....
The caliber of talent here is impressive, making collaboration both stimulating and productive. Work is structured and relatively stress-free. Employees across multiple regions—the firm fosters a close-knit culture. Collaboration is encouraged it is consistent. Work-life balance depends on project deadlines. Upper management is professional it is visible. The company is committed to investing in...
It’s a strong environment for high-performing financial professionals. Training sessions existand it is somewhat comprehensive or up-to-date. Work tends to be routine, with limited opportunities for creativity or rapid advancement.

PayRay Overview

Website
www.payray.bank
Founded In
2018
Employees
<25 employees
Industry
Financial Services
Headquarter Location
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About PayRay
A banking licence that allows lending and accepting deposits was issued to PayRay by the European Central Bank in 2019, at the suggestion of the Bank of Lithuania. Established in 2018, the company operates in international markets, providing factoring solutions and other financing services. It has a branch in Latvia and plans to expand to other countries. PayRay Bank has brought together a team of

What Benefits Does PayRay Offer Beyond Salary?

A competitive compensation package is more than just a salary. PayRay 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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FAQs of PayRay

1. How much does a PayRay employee make?

PayRay pays its employees an average of $90,301 per year. The average salary at PayRay range from $79,210 to $102,331 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 PayRay?

The salary at PayRay is lesser than the similar company. The average annual salary at PayRay is $90,301, or an hourly wage of $43, in comparison to Strategic Compliance Partners which pays $96,335 per year or $46 per hour.

3. How much does a Chief Operating Officer typically earn at PayRay?

A Chief Operating Officer at PayRay typically earns an average annual base salary of around $407,776, with a general range of $320,239 to $518,146.

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

In many roles at PayRay, 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. What kind of benefits does PayRay typically offer employees?

PayRay 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 PayRay" section on this page.