PenSoft Salary

PenSoft Salary

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As of April 2026, the average annual salary for employees at PenSoft in the United States is $97,738. This translates to an approximate hourly wage of $47. Salaries at PenSoft typically range from $85,816 to $110,745 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at PenSoft

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

Is PenSoft’s Pay Competitive? Salary Benchmarking Analysis

How does PenSoft'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
Go4customer.com $104,467
+6.9%
Reflects a supply-demand imbalance for the specific talent Go4customer.com targets.
Nolte Associates Inc $103,866
+6.3%
Driven by niche technical certifications required for Nolte Associates Inc's specialized projects.
ResortCom International LLC $106,313
+8.8%
Adjusted for higher cost-of-living indices in ResortCom International LLC's primary metro hubs.
Bancsource Inc $98,898
+1.2%
Confirms Bancsource Inc is a direct competitor vying for the exact same talent pool.
Business Services Industry $120,931
+23.7%
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 PenSoft's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at PenSoft

Considering a career at PenSoft? 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.
Office environment is professional but lacks energy. Knowing we're making a real impact for our clients makes the hard work worthwhile every day. Fair treatment and inspiring managers. Overall a competent environment with reasonable expectations. The services are functional, though not groundbreaking.
Commented in March 04, 2025
26
1
They value autonomy and results. I feel lucky to be a part of this team and look forward to my future here. The atmosphere is quiet and respectful, though not particularly energetic. It’s a place where everyone is respected for who they are. This company promotes a high-performance culture without compromising employee well-being. It’s a simple yet powerful way the company shows it respects our ti...
Commented in August 09, 2024
15
0
Employees have opportunities to move into different roles based on performance. Overall, it’s a dynamic workplace where I feel valued and empowered to contribute meaningfully. Career development and decent support. The company offers a nurturing team.
Commented in March 14, 2024
20
1

PenSoft Overview

Website
www.pensoft.com
Founded In
1983
Employees
200 - 500 employees
Industry
Business Services
Headquarter Address
151 Enterprise Dr Newport News Virginia VA 23603
Revenue
$50 Million - $200 Million
Phone Number
+1 7578732976
Social Media
About PenSoft
Founded in 1983, Peninsula Software of Virginia, PenSoft, develops PenSoft Payroll; payroll software designed for small to mid-sized U.S. businesses with 1 to 2,000 employees per company. With many payroll experts and Certified Payroll Professionals (CPP) on staff, PenSoft monitors state and federal tax laws for changes to ensure PenSoft Payroll is always current and up-to-date, and is backed up b

What Benefits Does PenSoft Offer Beyond Salary?

A competitive compensation package is more than just a salary. PenSoft 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 PenSoft?
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What Is the Cost of Living Near Newport News?

Understanding the cost of living near Newport News is key to truly evaluating a salary offer or your current compensation at PenSoft.
Newport News' Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 13.7% less than VA average). Hampton Roads city, shipbuilding, affordable. HRT bus. When planning your budget based on a salary from PenSoft, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of PenSoft salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of PenSoft

1. What is the estimated average total compensation at PenSoft?

Salary.com estimates that the average total compensation package at PenSoft, which can include base salary, potential bonuses, and benefits, is around $97,738 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does PenSoft pay compared to Go4customer.com?

The average annual salary at PenSoft is $97,738, or an hourly wage of $47, in comparison to Go4customer.com which pays $104,467 per year or $50 per hour.

3. Do salaries differ significantly between departments at PenSoft?

Yes, salaries often differ between departments at PenSoft 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at PenSoft?

Salary progression from an entry-level to a senior role at PenSoft can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from PenSoft in Newport News is fair given the local cost of living?

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

6. Are promotions at PenSoft usually accompanied by a significant salary increase?

Yes, promotions at PenSoft are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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