| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Gmi European Food Distributors | $98,223 |
+0.2%
|
Suggests Gmi European Food Distributors utilizes a highly similar base-plus-benefits compensation model. |
| Crua Outdoors | $87,095 |
-11.1%
|
Crua Outdoors likely leverages performance bonuses over the high base salary shown here. |
| R M Metals Inc | $87,569 |
-10.6%
|
R M Metals Inc focuses strategically on recruiting and training entry-level apprentices. |
| Bison Turf Equipment | $85,460 |
-12.8%
|
Bison Turf Equipment may offer non-monetary perks in lieu of competitive base salaries. |
| Retail & Wholesale Industry | $123,318 |
+25.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$98,223 / year
Salary Range: $86,385 - $111,062
Berlin, CT
$87,095 / year
Salary Range: $76,598 - $98,490
Saranac Lake, NY
$87,569 / year
Salary Range: $77,019 - $99,027
Lancaster, PA
$85,460 / year
Salary Range: $75,159 - $96,637
Tonawanda, NY
$89,278 / year
Salary Range: $78,513 - $100,953
Columbus, OH
$78,182 / year
Salary Range: $68,763 - $88,406
Lavaca, AR
$87,548 / year
Salary Range: $76,992 - $98,990
La Porte, IN
$80,312 / year
Salary Range: $70,633 - $90,820
Bentonville, AR
$108,064 / year
Salary Range: $95,035 - $122,195
Jackson Heights, NY
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) | $1,400 - $2,100+ | A significant portion of Spence Wells Associates salary. Location choices impact this heavily. |
| Utilities (Basic) | $170 - $280 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $63 (CTtransit 31-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $420 - $620 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $730+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,823 - $4,433+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Spence Wells Associates pays its employees an average of $98,001 per year. The average salary at Spence Wells Associates range from $86,192 to $110,818 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 Spence Wells Associates is lesser than the similar company. The average annual salary at Spence Wells Associates is $98,001, or an hourly wage of $47, in comparison to Gmi European Food Distributors which pays $98,223 per year or $47 per hour.
A Controller at Spence Wells Associates typically earns an average annual base salary of around $227,067, with a general range of $193,318 to $260,557.
In many roles at Spence Wells Associates, 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.
New Haven's Cost of Living Index is approximately 106.5 (6.5% more expensive than US average; 1.1% less than CT average). This significantly impacts the purchasing power of a salary from Spence Wells Associates based there. Our "Cost of Living Insights for New Haven" module details this impact, helping you assess the 'real feel' value of your compensation.
Spence Wells Associates 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 Spence Wells Associates" section on this page.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning