Spruce Capital Salary

Spruce Capital Salary

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As of July 2026, the average annual salary for employees at Spruce Capital in the United States is $106,060. This translates to an approximate hourly wage of $51. Salaries at Spruce Capital typically range from $93,028 to $120,183 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Spruce Capital Pay for Different Roles?

Explore detailed salary information for specific jobs at Spruce Capital. Based on our data, the highest paying job is the Director, Acquisitions, with an annual salary of $300,616. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Spruce Capital

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

Is Spruce Capital’s Pay Competitive? Salary Benchmarking Analysis

How does Spruce Capital'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
Home Run Financing $111,872
+5.5%
Supported by Home Run Financing's high-margin contracts allowing higher overhead.
Hkd $95,712
-9.8%
Typical compensation structure for smaller regional agencies like Hkd.
Colmena66 $87,812
-17.2%
Normalized for lower cost-of-living zones where Colmena66 primarily operates.
Pacific City Escrow Inc $97,833
-7.8%
Pacific City Escrow Inc operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+14.6%
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 Spruce Capital's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Spruce Capital

Considering a career at Spruce Capital? 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 first month is well-structured without being overwhelming. It’s been one of the best professional experiences of my career. Management listens, feedback matters, and collaboration is genuine. Transparent leadership and well-organized processes create a positive experience. Standard benefits and consistent hours.
Commented in April 20, 2025
12
3
The collaborative environment and smart coworkers make every day engaging. Diversity and inclusion efforts feel authentic. Pay bands are clearly communicated. Communication across the company is clear and consistent.
Commented in January 12, 2025
20
3
Communication across departments could improve. The benefits are outstanding, including competitive salaries, wellness programs, and professional development opportunities. The company’s commitment to diversity and inclusion is evident in its policies and everyday practices. The company values integrity and ethical practices, which reflects in every decision.
Commented in October 20, 2024
29
2

Spruce Capital Overview

Website
www.sprucecap.com
Founded In
2013
Employees
<25 employees
Industry
Financial Services
Headquarter Address
535 Madison Ave New York City New York NY 10022
Revenue
<$5 Million
Phone Number
+1 2123008800
Social Media
About Spruce Capital
Spruce Capital is a company that operates in the Financial Services industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in New York City, New York.

What Benefits Does Spruce Capital Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spruce Capital 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 Spruce Capital.
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 Spruce Capital, 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 Spruce Capital 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 Spruce Capital

1. What is the estimated average total compensation at Spruce Capital?

Salary.com estimates that the average total compensation package at Spruce Capital, which can include base salary, potential bonuses, and benefits, is around $106,060 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Spruce Capital pay compared to Home Run Financing?

The average annual salary at Spruce Capital is $106,060, or an hourly wage of $51, in comparison to Home Run Financing which pays $111,872 per year or $54 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Spruce Capital?

Salary progression from an entry-level to a senior role at Spruce Capital can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Spruce Capital in New York is fair given the local cost of living?

To determine if a salary offer from Spruce Capital in New York is fair, first compare the gross salary to our data for similar roles at Spruce Capital and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. Are promotions at Spruce Capital usually accompanied by a significant salary increase?

Yes, promotions at Spruce Capital are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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