Spence Wells Associates Salary

As of July 2026, the average annual salary for employees at Spence Wells Associates in the United States is $98,001. This translates to an approximate hourly wage of $47. Salaries at Spence Wells Associates typically range from $86,192 to $110,818 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Spence Wells Associates Pay for Different Roles?

Explore detailed salary information for specific jobs at Spence Wells Associates. Based on our data, the highest paying job is the Controller, with an annual salary of $227,067. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Spence Wells Associates

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

Is Spence Wells Associates’s Pay Competitive? Salary Benchmarking Analysis

How does Spence Wells Associates'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
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.
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 Spence Wells Associates

Considering a career at Spence Wells Associates? 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.
Management listens to feedback, and there’s a strong emphasis on work-life balance. The team is supportive, and management fosters a positive work culture. The benefits package is competitive, with health insurance, retirement plans, and employee discounts. Coworkers are collaborative, and the overall atmosphere is positive.
The pay is on par with industry standards. I’d recommend this workplace to anyone looking for stability and growth. Colleagues are friendly and collaborative. Positive atmosphere. There’s a strong sense of teamwork, and managers are always willing to help. The leadership team is transparent and communicates company goals effectively.
The company follows industry standards, making it a safe choice for employment. The company values work-life balance and employee well-being. The Retail & Wholesale industry can be challenging, but this company makes it a supportive environment. The company’s growth provides long-term opportunities. I’ve been able to grow professionally thanks to the many learning opportunities provided.

Spence Wells Associates Overview

Website
www.spencewellsassociates.com
Founded In
1990
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
740 Totoket Rd Northford Connecticut CT 06472
Revenue
<$5 Million
Phone Number
+1 7814491040
Social Media
About Spence Wells Associates
Spence Wells Associates specializes in marketing and selling products into the institutional foodservice market. We work with Dealers, Distributors, Consultants, and Designers creating demand and pull through sales into the "eat away from home" and hospitality markets.

What Benefits Does Spence Wells Associates Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spence Wells Associates 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 Haven?

Understanding the cost of living near New Haven is key to truly evaluating a salary offer or your current compensation at Spence Wells Associates.
New Haven's Cost of Living Index is approximately 106.5 (6.5% more expensive than US average; 1.1% less than CT average). Home to Yale University, housing can be high near campus/downtown, but more affordable options exist. CTtransit, Metro-North. When planning your budget based on a salary from Spence Wells Associates, consider these typical monthly expenses:
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.

FAQs of Spence Wells Associates

1. How much does a Spence Wells Associates employee make?

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.

2. Which similar company tend to pay more or less than Spence Wells Associates?

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.

3. How much does a Controller typically earn at Spence Wells Associates?

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.

4. Do employees with advanced degrees (Master's, PhD) earn more at Spence Wells Associates?

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.

5. How does the cost of living near New Haven affect the perceived value of a Spence Wells Associates salary?

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.

6. What kind of benefits does Spence Wells Associates typically offer employees?

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.