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Splendid Bakes by Banks Salary

Splendid Bakes by Banks Salary

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As of October 2026, the average annual salary for employees at Splendid Bakes by Banks in the United States is $108,033. This translates to an approximate hourly wage of $52. Salaries at Splendid Bakes by Banks typically range from $94,980 to $122,244 annually, reflecting the diverse roles and experience levels within the company.
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Is Splendid Bakes by Banks’s Pay Competitive? Salary Benchmarking Analysis

How does Splendid Bakes by Banks'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
Manresa Bread $120,142
+11.2%
Driven by niche technical certifications required for Manresa Bread's specialized projects.
Duet Bakery $112,410
+4.1%
Reflects structural premiums typical of Duet Bakery's large-cap national operations.
Rosalia's Family Bakery $85,660
-20.7%
Reflects market rates for standard general contracting, differing from specialized roles.
Lucky Paws Bakery $87,981
-18.6%
Lucky Paws Bakery may offer non-monetary perks in lieu of competitive base salaries.
Retail & Wholesale Industry $123,318
+14.1%
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.

How Splendid Bakes by Banks's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Splendid Bakes by Banks. Click a company name to learn more.

Employee Reviews: Working at Splendid Bakes by Banks

Considering a career at Splendid Bakes by Banks? 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.
I’d recommend this company to anyone looking for growth in the industry. The team is professional, and the workload is manageable. Typical corporate structure, decent workload. The retail side is fast-paced but well-supported by management. The hybrid work model (for corporate roles) is a great perk, allowing flexibility.
Commented in February 08, 2025
46
2
The company has a strong reputation in the retail and wholesale industry, and it’s clear why—employees are treated well. The job provides a steady routine with fair expectations. The training programs are top-notch, making it easy to succeed. I’ve had a great experience here. The work environment is team-oriented, and employees are recognized for their contributions. I’ve gained valuable skills si...
Commented in October 13, 2024
23
1
The company operates efficiently in the wholesale and retail space, with well-defined processes. The company stays competitive in the Retail & Wholesale market by adapting to industry trends, making it an exciting place to work. Benefits like health coverage, retirement plans, and employee discounts are solid perks.
Commented in February 07, 2024
45
0

Splendid Bakes by Banks Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
52 Warren St Peabody Massachusetts MA 01960
Revenue
$10 Million - $50 Million
Phone Number
+1 7812668548
Social Media
About Splendid Bakes by Banks
Splendid Bakes by Banks is a company that operates in the Financial Services industry. It employs 21-50 people and has $25M-$50M of revenue. The company is headquartered in Peabody, Massachusetts.

What Benefits Does Splendid Bakes by Banks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Splendid Bakes by Banks 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 Peabody?

Understanding the cost of living near Peabody is key to truly evaluating a salary offer or your current compensation at Splendid Bakes by Banks.
Peabody's Cost of Living Index is approximately 128.3 (28.3% more expensive than US average; 3.2% less than MA average). North Shore city, housing costs above US avg. Limited MBTA bus. When planning your budget based on a salary from Splendid Bakes by Banks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,700+ A significant portion of Splendid Bakes by Banks salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited MBTA bus, car common 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 $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,400 - $5,210+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Splendid Bakes by Banks

1. How much does Splendid Bakes by Banks in the United States pay?

Splendid Bakes by Banks pays its employees an average of $108,033 per year. The average salary at Splendid Bakes by Banks range from $94,980 to $122,244 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 Splendid Bakes by Banks employees get a higher salary than its peer company?

The salary at Splendid Bakes by Banks is lesser than its peer company. The average annual salary at Splendid Bakes by Banks is $108,033, or an hourly wage of $52, in comparison to Manresa Bread which pays $120,142 per year or $58 per hour.

3. How much does salary increase with years of experience at Splendid Bakes by Banks?

Salary progression with years of experience at Splendid Bakes by Banks 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 Splendid Bakes by Banks vary by office location?

Yes, it's very likely that salaries at Splendid Bakes by Banks 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 Peabody section provides more context.

5. Does Splendid Bakes by Banks offer good benefits?

Splendid Bakes by Banks 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 Splendid Bakes by Banks" section on this page.

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