Teres Development LP Salary

As of May 2026, the average annual salary for employees at Teres Development LP in the United States is $95,839. This translates to an approximate hourly wage of $46. Salaries at Teres Development LP typically range from $84,240 to $108,428 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Teres Development LP Pay for Different Roles?

Explore detailed salary information for specific jobs at Teres Development LP. Based on our data, the highest paying job is the Managing Partner, with an annual salary of $151,860. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Teres Development LP

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

Is Teres Development LP’s Pay Competitive? Salary Benchmarking Analysis

How does Teres Development LP'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
Ucc Associates LLC $93,814
-2.1%
Confirms Ucc Associates LLC is a direct competitor vying for the exact same talent pool.
Incredible Events Inc $100,797
+5.2%
Reflects a supply-demand imbalance for the specific talent Incredible Events Inc targets.
Mario Walters LLC $85,766
-10.5%
Typical compensation structure for smaller regional agencies like Mario Walters LLC.
The Josselyn Corp $90,481
-5.6%
The Josselyn Corp operates with a leaner overhead structure, impacting base wage offers.
Business Services Industry $120,931
+26.2%
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 Teres Development LP

Considering a career at Teres Development LP? 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’m so grateful for the generous paid time off. The ethical standards here are impeccable. Culture here is top-notch. Trustworthy and dependable. While all were professional, the lack of continuity meant repeatedly explaining our needs.
Leadership supports growth and learning. Working here means being part of a dynamic and evolving company. I’m consistently impressed by the caliber of my colleagues. The understanding and flexibility shown towards parents is a huge plus. Teams communicate well, using modern tools and inclusive practices. However, there's not much variety, and growth opportunities appear limited for most roles. Lea...
The company has cultivated a people-first culture where contributions are noticed and celebrated. What I love most is the positive company culture. The company offers consistent progress.

Teres Development LP Overview

Website
www.teresglobal.com
Founded In
2005
Employees
<25 employees
Industry
Business Services
Headquarter Address
547 Hilaire Rd Wayne Pennsylvania PA 19087
Revenue
<$5 Million
Phone Number
+1 6109959285
Social Media
About Teres Development LP
Teres Development LP is a company that operates in the Financial Services industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Wayne, Pennsylvania.

What Benefits Does Teres Development LP Offer Beyond Salary?

A competitive compensation package is more than just a salary. Teres Development LP 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Teres Development LP.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Teres Development LP, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Teres Development LP salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Teres Development LP

1. What is the typical salary range (low to high) for most roles at Teres Development LP?

The typical annual salary range for most roles at Teres Development LP is approximately from $84,240 to $108,428. 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. How much does Teres Development LP pay compared to Ucc Associates LLC?

The average annual salary at Teres Development LP is $95,839, or an hourly wage of $46, in comparison to Ucc Associates LLC which pays $93,814 per year or $45 per hour.

3. How does experience level affect salary at Teres Development LP?

Experience level is a significant factor in determining salary at Teres Development LP, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Teres Development LP in Philadelphia is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Teres Development LP?

Several key factors influence salary levels at Teres Development LP. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Teres Development LP likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.