Torch Capital Salary
How Much Does Torch Capital Pay for Different Roles?
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Current Job Openings at Torch Capital
Is Torch Capital’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Retail & Restaurant Growth Capital LP | $87,622 |
-19.1%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Southwest Federal Credit Union | $82,443 |
-23.9%
|
Normalized for lower cost-of-living zones where Southwest Federal Credit Union primarily operates. |
| Coast 2 Coast Signings Inc | $99,352 |
-8.3%
|
Coast 2 Coast Signings Inc operates with a leaner overhead structure, impacting base wage offers. |
| Morgan Partners LLC | $101,219 |
-6.5%
|
Morgan Partners LLC likely leverages performance bonuses over the high base salary shown here. |
| Financial Services Industry | $121,514 |
+12.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Torch Capital's Salaries Compare to Similar Companies?
Retail & Restaurant Growth Capital LP
$87,622 / year
Salary Range: $76,855 - $99,295
Dallas, TX
Southwest Federal Credit Union
$82,443 / year
Salary Range: $72,309 - $93,417
Farmington, NM
Coast 2 Coast Signings Inc
$99,352 / year
Salary Range: $87,145 - $112,574
San Dimas, CA
Morgan Partners LLC
$101,219 / year
Salary Range: $88,785 - $114,696
Wellesley Hills, MA
Sedes Holding As
$91,535 / year
Salary Range: $80,291 - $103,721
Algonquin, IL
The Mortgage Store USA
$87,042 / year
Salary Range: $76,351 - $98,636
Scottsdale, AZ
Kaefer Usa Holding Inc
$116,682 / year
Salary Range: $102,274 - $132,340
New York City, NY
Lq Holding Inc
$91,535 / year
Salary Range: $80,245 - $103,807
Des Moines, IA
Missouri RE Holdings LLC
$86,894 / year
Salary Range: $76,195 - $98,502
Mountain View, MO
Employee Reviews: Working at Torch Capital
Torch Capital Overview
What Benefits Does Torch Capital Offer Beyond Salary?
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What Is the Cost of Living Near New York?
| 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 Torch 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 Torch Capital
1. What is the estimated average total compensation at Torch Capital?
Salary.com estimates that the average total compensation package at Torch Capital, which can include base salary, potential bonuses, and benefits, is around $108,286 annually . Total compensation provides a more holistic view of an employee's earnings.
2. How much does Torch Capital pay compared to Retail & Restaurant Growth Capital LP?
The average annual salary at Torch Capital is $108,286, or an hourly wage of $52, in comparison to Retail & Restaurant Growth Capital LP which pays $87,622 per year or $42 per hour.
3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Torch Capital?
Salary progression from an entry-level to a senior role at Torch 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 Torch Capital in New York is fair given the local cost of living?
To determine if a salary offer from Torch Capital in New York is fair, first compare the gross salary to our data for similar roles at Torch 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 Torch Capital usually accompanied by a significant salary increase?
Yes, promotions at Torch 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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