Spandex World Inc Salary

As of August 2026, the average annual salary for employees at Spandex World Inc in the United States is $108,402. This translates to an approximate hourly wage of $52. Salaries at Spandex World Inc typically range from $95,328 to $122,573 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Spandex World Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Spandex World Inc. Based on our data, the highest paying job is the President, with an annual salary of $839,125. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Spandex World Inc

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

Is Spandex World Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Spandex World Inc'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
Diamond Cutters International $93,793
-13.5%
Typical compensation structure for smaller regional agencies like Diamond Cutters International.
Nelson Family Farms Inc $82,222
-24.2%
Nelson Family Farms Inc focuses strategically on recruiting and training entry-level apprentices.
BlackCraft Cult $103,244
-4.8%
Normalized for lower cost-of-living zones where BlackCraft Cult primarily operates.
Oliver Dyer $89,289
-17.6%
Oliver Dyer operates with a leaner overhead structure, impacting base wage offers.
Retail & Wholesale Industry $123,318
+13.8%
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.

Employee Reviews: Working at Spandex World Inc

Considering a career at Spandex World Inc? 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 invests in employee development through workshops and certifications. I’ve enjoyed my time here—the company values employee input, and there’s a strong sense of teamwork. Benefits are above average, and the work is engaging. Employees are empowered to contribute ideas, and the team dynamic is great. The team is friendly, and the workload is manageable.
It has a standard retail hours. Benefits are excellent, including wellness programs and performance bonuses. The company offers competitive salaries, great benefits, and a healthy work-life balance. Team collaboration is a strength, and innovation is encouraged. The retail space is organized, and schedules are consistent. The benefits package is robust, including retirement plans and health covera...
The work-life balance is fair, and the company offers growth opportunities. Management is supportive, and the work-life balance is excellent. The Retail & Wholesale industry can be unpredictable, but this company maintains a fair balance.

Spandex World Inc Overview

Website
www.spandexworld.com
Founded In
1978
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
4841 Van Dam St Long Island City New York NY 11101
Revenue
$5 Million - $10 Million
Phone Number
+1 2123912310
Social Media
About Spandex World Inc
Welcome to Spandex World, your best choice for high quality stretch fabrics! We offer one of the largest collections of high quality stretch fabrics such as Nylon, Prints, Hologram, Cotton, Velvet, Laces and much more. We bring you the latest technologies to provide the highest security and best shopping experience online.

What Benefits Does Spandex World Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spandex World Inc 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Spandex World Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Spandex World Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Spandex World Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spandex World Inc

1. How much does Spandex World Inc in the United States pay?

Spandex World Inc pays its employees an average of $108,402 per year. The average salary at Spandex World Inc range from $95,328 to $122,573 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. Do Spandex World Inc employees get a higher salary than its peer company?

The salary at Spandex World Inc is higher than its peer company. The average annual salary at Spandex World Inc is $108,402, or an hourly wage of $52, in comparison to Diamond Cutters International which pays $93,793 per year or $45 per hour.

3. How much does salary increase with years of experience at Spandex World Inc?

Salary progression with years of experience at Spandex World Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Spandex World Inc vary by office location?

Yes, it's very likely that salaries at Spandex World Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for New York section provides more context.

5. Does Spandex World Inc offer good benefits?

Spandex World Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Spandex World Inc" section on this page.