| 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. |
$105,976 / year
Salary Range: $93,138 - $119,890
New York City, NY
$96,651 / year
Salary Range: $84,946 - $109,343
Absecon, NJ
$108,296 / year
Salary Range: $95,182 - $122,524
New York City, NY
$87,464 / year
Salary Range: $76,864 - $98,941
Atlanta, GA
$89,194 / year
Salary Range: $78,394 - $100,905
$105,902 / year
Salary Range: $93,074 - $119,805
New York City, NY
$88,086 / year
Salary Range: $77,414 - $99,661
Blandon, PA
$97,231 / year
Salary Range: $85,459 - $110,001
San Diego, CA
$83,635 / year
Salary Range: $73,510 - $94,625
Williamsburg, VA
Get an estimated calculation of how much you should be earning and insight into your career options.
| 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. |
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.
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.
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.
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.
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.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning