| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Lua Brewing | $87,707 |
-2.6%
|
Suggests Lua Brewing utilizes a highly similar base-plus-benefits compensation model. |
| Fitglow Beauty | $88,983 |
-1.2%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Fit Therapy | $80,914 |
-10.2%
|
Fit Therapy focuses strategically on recruiting and training entry-level apprentices. |
| Star Embroider | $92,875 |
+3.1%
|
Reflects a supply-demand imbalance for the specific talent Star Embroider targets. |
| MFG Nondurable Industry | $125,011 |
+38.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$87,707 / year
Salary Range: $77,304 - $98,954
Des Moines, IA
$88,983 / year
Salary Range: $78,422 - $100,392
Fort Lauderdale, FL
$80,914 / year
Salary Range: $71,320 - $91,296
Ocala, FL
$92,875 / year
Salary Range: $81,858 - $104,782
Houston, TX
$96,240 / year
Salary Range: $84,818 - $108,575
Marydel, DE
$109,246 / year
Salary Range: $96,290 - $123,256
Brooklyn, NY
$103,128 / year
Salary Range: $90,893 - $116,354
Dedham, MA
$101,461 / year
Salary Range: $89,427 - $114,476
Cranford, NJ
$102,083 / year
Salary Range: $89,977 - $115,171
Everett, MA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,000 - $3,000+ | A significant portion of Sockrates salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (Palm Tran monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $460 - $680 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $900+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $410 - $760+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,620 - $5,630+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Sockrates is approximately $90,080. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,402 to $101,636, depending on factors like job role, experience, and location.
The average annual salary at Sockrates is $90,080, or an hourly wage of $43, in comparison to Lua Brewing which pays $87,707 per year or $42 per hour.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Sockrates for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Sockrates, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Sockrates, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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