Penelope Salary

As of April 2026, the average annual salary for employees at Penelope in the United States is $114,024. This translates to an approximate hourly wage of $55. Salaries at Penelope typically range from $100,093 to $129,377 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Penelope

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Is Penelope’s Pay Competitive? Salary Benchmarking Analysis

How does Penelope'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
Helsinki Hudson $97,042
-14.9%
Reflects market rates for standard general contracting, differing from specialized roles.
La Piazza $106,398
-6.7%
La Piazza may offer non-monetary perks in lieu of competitive base salaries.
Flavour Fields $106,166
-6.9%
Flavour Fields focuses strategically on recruiting and training entry-level apprentices.
Inagiku Japanese Restaurant $114,467
+0.4%
Indicates identical technical requirements and experience levels between the two firms.
Hospitality & Leisure Industry $122,562
+7.5%
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 Penelope

Considering a career at Penelope? 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.
The job is stable, and the environment is professional. It’s a dependable workplace for those in the hospitality and leisure field. The office atmosphere is vibrant, and there are occasional employee appreciation events that boost morale. The job is structured with predictable hours.
There’s always room for learning, with regular training sessions. Work feels meaningful here. The training programs are thorough, ensuring employees are well-prepared for their roles. Good for those seeking a steady job in leisure services. The company operates efficiently within the hospitality sector, and the workflow is well-organized. The leadership is approachable, and the team feels like a c...
What I love about this company is its commitment to employee growth. The work atmosphere is positive, and management is approachable. The team is collaborative, making challenging days easier.

Penelope Overview

Website
www.penelopenyc.com
Founded In
2008
Employees
50 - 100 employees
Industry
Hospitality & Leisure
Headquarter Address
159 Lexington Ave New York City New York NY 10016
Revenue
$10 Million - $50 Million
Phone Number
+1 2124813800
Social Media
About Penelope
Penelope has been Virginia's place to shop for sterling silver jewelry and accessories since 1988. Our focus has been and always meeting our customer's needs.

What Benefits Does Penelope Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penelope 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Penelope.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Penelope, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Penelope salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penelope

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

The typical annual salary range for most roles at Penelope is approximately from $100,093 to $129,377. 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 Penelope pay compared to Helsinki Hudson?

The average annual salary at Penelope is $114,024, or an hourly wage of $55, in comparison to Helsinki Hudson which pays $97,042 per year or $47 per hour.

3. Do salaries differ significantly between departments at Penelope?

Yes, salaries often differ between departments at Penelope due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Penelope?

Experience level is a significant factor in determining salary at Penelope, 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.

5. How can I determine if a salary offer from Penelope in New York is fair given the local cost of living?

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

6. Why might an individual's actual salary at Penelope differ from the ranges shown here?

An individual's actual salary at Penelope can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.