Preferred Rate Salary
How Much Does Preferred Rate Pay?BETA
As of March 2025, the average annual salary for employees at Preferred Rate in the United States is $102,410. This translates to an approximate hourly wage of $49. Salaries at Preferred Rate typically range from $89,729 to $116,220 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Preferred Rate, A Vice President, Operations is among the highest earners, with an average salary of approximately $301,655 per year. Conversely, the lowest-paid position is I Processing Assistant, earning around $34,649 annually. Explore this page further for more salary and benefits information at Preferred Rate.
How Much Does Preferred Rate Pay for Different Roles?BETA
At Preferred Rate, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.
It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Vice President, Operations positions at Preferred Rate offer the highest average annual salary of $301,655, while I Processing Assistant roles have an average annual salary of $34,649.
| JOB TITLE | SALARY RANGE | AVERAGE SALARY | COMPANY NAME |
|---|---|---|---|
| Vice President, Operations | $248,721 - $363,260 | $301,655 | Preferred Rate |
| Senior Business Manager | $120,870 - $150,219 | $136,789 | Preferred Rate |
| Manager, Business | $112,263 - $144,828 | $128,404 | Preferred Rate |
| Business Development Manager | $112,263 - $144,828 | $128,404 | Preferred Rate |
| Sales Manager | $106,842 - $143,492 | $124,629 | Preferred Rate |
| Division Sales Manager | $106,842 - $143,492 | $124,629 | Preferred Rate |
| Transaction Manager | $90,716 - $163,047 | $119,276 | Preferred Rate |
| Regional Sales Manager | $103,024 - $136,989 | $119,013 | Preferred Rate |
| Regional Manager | $103,024 - $136,989 | $119,013 | Preferred Rate |
| Manager, Production | $99,009 - $128,267 | $113,978 | Preferred Rate |
| Manager, Operations | $94,488 - $119,130 | $109,090 | Preferred Rate |
| Compliance Specialist | $93,809 - $109,856 | $103,540 | Preferred Rate |
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Preferred Rate Overview
Most Common Benefits for Preferred Rate
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FAQs About Preferred Rate Company
1. How much does Preferred Rate in the United States pay?
Preferred Rate pays its employees an average of $102,410 per year. The average salary at Preferred Rate range from $89,729 to $116,220 per year. Vice President, Operations jobs at Preferred Rate earn the most with an average annual salary of $301,655, while I Processing Assistant jobs earn the least with an average annual salary of $34,649.
2. Do Preferred Rate employees get a higher salary than other similar companies?
The salary at Preferred Rate is lesser than First Direct Lending. The highest salary package reported for an employee at Preferred Rate is $116,220 per year, meanwhile the highest salary package reported for an employee at First Direct Lending is $130,206 per year.
3. How much does Preferred Rate pay compared to First Direct Lending?
The average annual salary at Preferred Rate is $102,410, or an hourly wage of $49, in comparison to First Direct Lending which pays $114,731 per year or $55 per hour.
4. Which job skills can boost a Transaction Manager salary at Preferred Rate?
Leadership, Customer Service and Futures are key to a Transaction Manager job at Preferred Rate. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Preferred Rate.
5. What is the lowest salary at Preferred Rate?
The lowest paying job at Preferred Rate is I Processing Assistant with an annual salary of $34,649 or an hourly rate of $49.