Silver Threads Residence Salary

Silver Threads Residence pays its employees an average of $62,972 per year. The average salary at Silver Threads Residence range from $55,319 to $71,583 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.

The salary at Silver Threads Residence is lesser than the similar company. The average annual salary at Silver Threads Residence is $62,972, or an hourly wage of $30, in comparison to SOMERSET COURT OF GOLDSBORO which pays $73,939 per year or $36 per hour.

In many roles at Silver Threads Residence, 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.

Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). This significantly impacts the purchasing power of a salary from Silver Threads Residence based there. Our "Cost of Living Insights for Sioux Falls" module details this impact, helping you assess the 'real feel' value of your compensation.

Silver Threads Residence 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 Silver Threads Residence" section on this page.