Pence Group Salary

As of June 2026, the average annual salary for employees at Pence Group in the United States is $85,913. This translates to an approximate hourly wage of $41. Salaries at Pence Group typically range from $75,508 to $97,198 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Pence Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Pence Group. Based on our data, the highest paying job is the Director, Sales, with an annual salary of $157,514. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Pence Group

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

Is Pence Group’s Pay Competitive? Salary Benchmarking Analysis

How does Pence Group'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
Averbach Transcription $105,976
+23.4%
Supported by Averbach Transcription's high-margin contracts allowing higher overhead.
Parker and Partners $96,651
+12.5%
Data suggests Parker and Partners's workforce skews heavily towards veteran, high-tenure roles.
Pluris Valuation Advisors LLC $108,296
+26.1%
Influenced by prevailing union wage agreements specific to Pluris Valuation Advisors LLC's sector.
Tow $87,464
+1.8%
Confirms Tow is a direct competitor vying for the exact same talent pool.
Business Services Industry $120,931
+40.8%
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.

Employee Reviews: Working at Pence Group

Considering a career at Pence Group? 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.
Balanced workload and recognition. The size, means you actually know your colleagues, which fosters a great, supportive atmosphere. Collaborative work culture drives success. There’s a real sense of momentum, purpose, and teamwork that keeps employees motivated and engaged across all levels of the organization. There’s strong alignment between employee goals and business objectives.
There’s a clear structure and minimal surprises. I genuinely appreciate the investment in continuous learning and professional development opportunities provided. Leadership listens to employees, promotes growth opportunities, and encourages collaboration. From day one, I felt welcomed and supported by my team. Fair pricing, average delivery. Innovation is supported in theory and it is in practice...
Employees are trusted to make decisions and are provided with helpful resources. Travel requirements vary and may impact balance. It gives me peace of mind knowing that my family and I are well-covered. Meets basic expectations.

Pence Group Overview

Website
www.pencegroup.ag
Founded In
1998
Employees
<25 employees
Industry
Business Services
Headquarter Address
2515 S 900 E Lafayette Indiana IN 47905
Revenue
$5 Million - $10 Million
Phone Number
+1 7655897007
Social Media
About Pence Group
We work hard to be the highest value source of service in agriculture, leveraging diverse product offerings and foresight for your land and for your farming operation. Being successful is defined by the impact you have on others. Multiple products and multiple brands puts the grower in the driver's seat. Providing solutions for you right now and also for what's up around the corner. Pence Group is

What Benefits Does Pence Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pence Group 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Lafayette?

Understanding the cost of living near Lafayette is key to truly evaluating a salary offer or your current compensation at Pence Group.
Lafayette's Cost of Living Index is approximately 83.9 (16.1% less expensive than US average; 7.4% less than IN average). Home to Purdue University (West Lafayette), affordable housing. CityBus. When planning your budget based on a salary from Pence Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of Pence Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 (CityBus monthly, free for Purdue) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,255+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pence Group

1. How much does a Pence Group employee make?

Pence Group pays its employees an average of $85,913 per year. The average salary at Pence Group range from $75,508 to $97,198 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 Pence Group?

The salary at Pence Group is lesser than the similar company. The average annual salary at Pence Group is $85,913, or an hourly wage of $41, in comparison to Averbach Transcription which pays $105,976 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Pence Group?

In many roles at Pence Group, 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.

4. How does the cost of living near Lafayette affect the perceived value of a Pence Group salary?

Lafayette's Cost of Living Index is approximately 83.9 (16.1% less expensive than US average; 7.4% less than IN average). This significantly impacts the purchasing power of a salary from Pence Group based there. Our "Cost of Living Insights for Lafayette" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Pence Group typically offer employees?

Pence Group 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 Pence Group" section on this page.