What is the highest paying job at Praed?

Based on our latest data, the highest paying role at Praed is Managing Director, earning approximately $726,692 annually.

Where is Praed located?

Praed is headquartered in Chicago, Illinois, but may have operations in other locations within the Business Services sector.

What industry is Praed in?

Praed operates in the Business Services industry.

Praed Average Salary, Pay Ranges & Benefits

Q: What does Praed do?

According to the company's overview, David Hopkins David's design point of view has been described by clients as London chic, but in person he is a grounded and approachable midwesterner.

Praed Salary

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Salary at Praed

How Much Does Praed Pay for Different Roles?

Explore detailed salary information for specific jobs at Praed. Based on our data, the highest paying job is the Managing Director, with an annual salary of $726,692. The table below outlines the annual salary ranges for most popular roles within the company.

Managing Director

$726,692 / year

Salary Range: $555,694 - $916,336

Executive

Co-Founder

$726,692 / year

Salary Range: $555,694 - $916,336

Executive

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Current Job Openings at Praed

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

Is Praed’s Pay Competitive? Salary Benchmarking Analysis

How does Praed'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
CAD Professionals Co	$91,514	-2.5%	Confirms CAD Professionals Co is a direct competitor vying for the exact same talent pool.
Redesign + More	$84,004	-10.5%	Normalized for lower cost-of-living zones where Redesign + More primarily operates.
McCroskey Interiors	$86,683	-7.7%	McCroskey Interiors likely leverages performance bonuses over the high base salary shown here.
The 228 in Sterling	$92,379	-1.6%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Business Services Industry	$120,931	+28.8%	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.

How Praed's Salaries Compare to Similar Companies?

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

CAD Professionals Co

$91,514 / year

Salary Range: $80,428 - $103,538

Morris, IL

Redesign + More

$84,004 / year

Salary Range: $73,831 - $95,039

Mooresville, NC

McCroskey Interiors

$86,683 / year

Salary Range: $76,186 - $98,063

Kansas City, MO

The 228 in Sterling

$92,379 / year

Salary Range: $81,198 - $104,514

Sterling, MA

Fiore Interiors

$85,966 / year

Salary Range: $75,553 - $97,259

Yarmouth, ME

Georgantas

$98,233 / year

Salary Range: $86,339 - $111,135

Merrick, NY

Josh Greene Design LLC

$106,028 / year

Salary Range: $93,184 - $119,951

New York City, NY

MX3 Architects

$94,932 / year

Salary Range: $83,443 - $107,404

Chicago, IL

Michael Del Piero Good Design

$93,160 / year

Salary Range: $81,885 - $105,404

Chicago, IL

Employee Reviews: Working at Praed

Considering a career at Praed? 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.

It’s a place where everyone is respected for who they are. The culture is professional but lacks vibrancy. We celebrate wins and learn from mistakes together. Leadership has made DEI a strategic priority with measurable goals. The company offers mentorship and trust.

Commented in May 12, 2025

I feel recognized for my contributions here. This hands-on guidance and the sharing of invaluable industry experience are instrumental in personal and professional growth. While leadership is generally approachable, communication may feel during changes. Satisfactory experience. However, the culture is a bit impersonal at times. The work environment is energetic and positive, with plenty of room t...

Commented in January 19, 2025

Training quality depends on location and role. I'm proud to be part of it. The company offers transparency from leadership. Benefits are average, and work-life balance is maintained.

Commented in November 26, 2024

Praed Overview

Website

www.praedprojects.com

Founded In

Data pending, update soon.

Employees

<25 employees

Industry

Business Services

Headquarter Address

1807 W Sunnyside Ave Chicago Illinois IL 60640

Revenue

<$5 Million

Phone Number

+1 3129576151

About Praed

David Hopkins David's design point of view has been described by clients as London chic, but in person he is a grounded and approachable midwesterner. He relies on an intuitive sense of style, rather than rules and trends, and has an appreciation for good design in every form. David believes strongly that the art and the objects in a home must reflect the personality and interests of its occupants

What Benefits Does Praed Offer Beyond Salary?

A competitive compensation package is more than just a salary. Praed 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?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Praed.

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Praed, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,700 - $2,600+	A significant portion of Praed salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$105 (CTA 30-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $640	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$400 - $750+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$3,225 - $5,025+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Praed

1. How much does a Praed employee make?

Praed pays its employees an average of $93,877 per year. The average salary at Praed range from $82,508 to $106,209 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 Praed?

The salary at Praed is higher than the similar company. The average annual salary at Praed is $93,877, or an hourly wage of $45, in comparison to CAD Professionals Co which pays $91,514 per year or $44 per hour.

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

In many roles at Praed, 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 Chicago affect the perceived value of a Praed salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Praed based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Praed typically offer employees?

Praed 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 Praed" section on this page.