Rakks Salary

As of August 2026, the average annual salary for employees at Rakks in the United States is $100,438. This translates to an approximate hourly wage of $48. Salaries at Rakks typically range from $88,272 to $113,635 annually, reflecting the diverse roles and experience levels within the company.
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Is Rakks’s Pay Competitive? Salary Benchmarking Analysis

How does Rakks'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
City Parking $107,537
+7.1%
Driven by niche technical certifications required for City Parking's specialized projects.
Simpson Law Firm $78,498
-21.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Laser Ventures $86,799
-13.6%
Normalized for lower cost-of-living zones where Laser Ventures primarily operates.
DT Model Management/DTA Agency LLC $101,166
+0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Business Services Industry $120,931
+20.4%
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 Rakks

Considering a career at Rakks? 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 company provides excellent resources for continuous learning, such as a subscription to online course platforms and a budget for professional books. Feedback loops ensure we continuously improve our services. Advancement opportunities seem tied to tenure more than performance. Impressed by their organized processes and consistent results.
Tools and technologies are functional and it is cutting-edge. It really depends on where you land. During project meetings, everyone is encouraged to speak up, and diverse perspectives are actively sought out. There's a real sense of camaraderie here. The company culture celebrates client successes as our own, creating genuine partnerships rather than transactional relationships. Processes are gen...
While things run smoothly, the pace of decisions take time to implement. Communication is formal and structured. We are always encouraged to act with integrity and transparency in all of our client dealings and internal operations. One of the best aspects is the direct access to senior leadership and their willingness to mentor junior staff.

Rakks Overview

Website
www.rakks.com
Founded In
1971
Employees
<25 employees
Industry
Business Services
Headquarter Address
330 Reservoir St Needham Massachusetts MA 02494
Revenue
<$5 Million
Phone Number
+1 7814558700
Social Media
About Rakks
At RAKKS, we love it when we stumble upon photos of our products in action. Houzz.com is a great resource for unique, innovative architectural projects. This is precisely how we came across our shelves being used in an award-winning house renovation by MAK Design-Build. MAK is a full-service residential design-build construction company located in Davis, CA. They are a company focused on making a

What Benefits Does Rakks Offer Beyond Salary?

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

Understanding the cost of living near Newton is key to truly evaluating a salary offer or your current compensation at Rakks.
Newton's Cost of Living Index is approximately 201.5 (101.5% more expensive than US average; 52.0% more than MA average). Affluent Boston suburb, excellent schools, extremely high housing costs. MBTA Green Line/bus. When planning your budget based on a salary from Rakks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,500+ A significant portion of Rakks salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $530 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $650 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $470 - $900+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,830 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Rakks

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

The typical annual salary range for most roles at Rakks is approximately from $88,272 to $113,635. 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 Rakks pay compared to City Parking?

The average annual salary at Rakks is $100,438, or an hourly wage of $48, in comparison to City Parking which pays $107,537 per year or $52 per hour.

3. Do salaries differ significantly between departments at Rakks?

Yes, salaries often differ between departments at Rakks 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 Rakks?

Experience level is a significant factor in determining salary at Rakks, 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 Rakks in Newton is fair given the local cost of living?

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

6. Are the salaries listed for Rakks on Salary.com pre-tax or after-tax?

All salary figures displayed for Rakks, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.