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The Drew McLachlan Memorial Fund Salary

The Drew McLachlan Memorial Fund Salary

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As of August 2026, the average annual salary for employees at The Drew McLachlan Memorial Fund in the United States is $100,607. This translates to an approximate hourly wage of $48. Salaries at The Drew McLachlan Memorial Fund typically range from $88,245 to $114,001 annually, reflecting the diverse roles and experience levels within the company.

How Much Does The Drew McLachlan Memorial Fund Pay for Different Roles?

Explore detailed salary information for specific jobs at The Drew McLachlan Memorial Fund. Based on our data, the highest paying job is the Board Member, with an annual salary of $91,532. The table below outlines the annual salary ranges for most popular roles within the company.
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Is The Drew McLachlan Memorial Fund’s Pay Competitive? Salary Benchmarking Analysis

How does The Drew McLachlan Memorial Fund'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
Benevolent Capital $101,039
+0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
TechCayman $88,118
-12.4%
TechCayman likely leverages performance bonuses over the high base salary shown here.
First Meridian Financial Inc $88,877
-11.7%
First Meridian Financial Inc operates with a leaner overhead structure, impacting base wage offers.
Financial Integrity LLC $88,825
-11.7%
Normalized for lower cost-of-living zones where Financial Integrity LLC primarily operates.
Financial Services Industry $121,514
+20.8%
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.

How The Drew McLachlan Memorial Fund's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at The Drew McLachlan Memorial Fund. Click a company name to learn more.

Employee Reviews: Working at The Drew McLachlan Memorial Fund

Considering a career at The Drew McLachlan Memorial Fund? 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 communicates policies clearly, but changes are often delayed due to bureaucracy. This financial firm offers job stability and standard benefits but often follows rigid processes. Training is structured, and upward mobility is realistic. Meetings are regular and productive, though they can feel repetitive. Quiet rooms enable focused work. These moments of recognition boost morale. Recogn...
Commented in March 22, 2025
37
3
However, innovation employee suggestions aren’t always implemented. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynamic market. The company provides reliable employment with comprehensive benefits, but the work environment can feel bureaucratic. The job is consistent and moderately challenging. Benefits are comprehensive, incl...
Commented in February 10, 2025
21
3
Working here has been rewarding due to strong support and frequent recognition. They ensure we're equipped with the latest knowledge and skills in the financial services industry. Cross-functional collaboration is minimal, affecting workflow efficiency. Benefits like mental health resources and fitness reimbursements further enhance the experience.
Commented in January 05, 2024
23
1

The Drew McLachlan Memorial Fund Overview

Website
www.thedrewfund.com
Founded In
2018
Employees
<25 employees
Industry
Financial Services
Headquarter Address
PO Box 975 Somerville New Jersey NJ 08876
Revenue
<$5 Million
Phone Number
-
Social Media
About The Drew McLachlan Memorial Fund
The Drew McLachlan Memorial Fund is a company that operates in the Nonprofit Organizations industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Somerville, New Jersey.

What Benefits Does The Drew McLachlan Memorial Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Drew McLachlan Memorial Fund 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at The Drew McLachlan Memorial Fund.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from The Drew McLachlan Memorial Fund, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of The Drew McLachlan Memorial Fund salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Drew McLachlan Memorial Fund

1. What is the typical salary range (low to high) for most roles at The Drew McLachlan Memorial Fund?

The typical annual salary range for most roles at The Drew McLachlan Memorial Fund is approximately from $88,245 to $114,001. 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 The Drew McLachlan Memorial Fund pay compared to Benevolent Capital?

The average annual salary at The Drew McLachlan Memorial Fund is $100,607, or an hourly wage of $48, in comparison to Benevolent Capital which pays $101,039 per year or $49 per hour.

3. How does experience level affect salary at The Drew McLachlan Memorial Fund?

Experience level is a significant factor in determining salary at The Drew McLachlan Memorial Fund, 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 The Drew McLachlan Memorial Fund in Jersey City is fair given the local cost of living?

To determine if a salary offer from The Drew McLachlan Memorial Fund in Jersey City is fair, first compare the gross salary to our data for similar roles at The Drew McLachlan Memorial Fund and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Jersey City" to understand its purchasing power.

5. What factors influence salary increases at The Drew McLachlan Memorial Fund?

Salary increases at The Drew McLachlan Memorial Fund are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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