VIP Formal Wear Salary

As of August 2026, the average annual salary for employees at VIP Formal Wear in the United States is $84,426. This translates to an approximate hourly wage of $41. Salaries at VIP Formal Wear typically range from $74,206 to $95,515 annually, reflecting the diverse roles and experience levels within the company.

How Much Does VIP Formal Wear Pay for Different Roles?

Explore detailed salary information for specific jobs at VIP Formal Wear. Based on our data, the highest paying job is the Sales Associate, with an annual salary of $79,035. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at VIP Formal Wear

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

Is VIP Formal Wear’s Pay Competitive? Salary Benchmarking Analysis

How does VIP Formal Wear'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
United Real Estate Horizon $99,214
+17.5%
Influenced by prevailing union wage agreements specific to United Real Estate Horizon's sector.
Sentinel Billing Solutions $88,213
+4.5%
Supported by Sentinel Billing Solutions's high-margin contracts allowing higher overhead.
Hudson Site Control LLC $84,806
+0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Generations Beyond $97,643
+15.7%
Reflects structural premiums typical of Generations Beyond's large-cap national operations.
Business Services Industry $120,931
+43.2%
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 VIP Formal Wear

Considering a career at VIP Formal Wear? 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.
However, expectations are clear and deadlines are usually reasonable. There’s minimal encouragement to go beyond the role's scope, and though the environment is supportive, it can feel stagnant. No major complaints, but the onboarding process. The institutional knowledge in this firm is invaluable.
This clarity helps us understand how our individual contributions directly support the company's overarching financial objectives. While all were professional, the lack of continuity meant repeatedly explaining our needs. The open communication channels make this possible and effective for our team. Benefits, flexibility, and a focus on employee well-being make this an excellent place to work. Emp...
My professional expertise is genuinely respected by my superiors. Managers invest in their teams and provide regular feedback that helps with professional growth. It makes you feel respected and that your voice actually matters. Professional development opportunities are abundant, with regular training sessions and mentorship programs.

VIP Formal Wear Overview

Website
www.vipformalwear.com
Founded In
1987
Employees
<25 employees
Industry
Business Services
Headquarter Address
3801 S Wilmington St Raleigh North Carolina NC 27603
Revenue
<$5 Million
Phone Number
+1 9197727200
Social Media
About VIP Formal Wear
VIP Formal Wear has been specializing in men's formal wear for over 30 years. This rich experience has allowed us to become one of North Carolina's foremost rental tuxedo providers, serving the Raleigh, Garner, Greensboro and Winston-Salem areas. Whatever your occasion, our tuxedo specialists can ease your preparations and help you look your best at the event. Browse our site or visit one of our l

What Benefits Does VIP Formal Wear Offer Beyond Salary?

A competitive compensation package is more than just a salary. VIP Formal Wear 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Raleigh?

Understanding the cost of living near Raleigh is key to truly evaluating a salary offer or your current compensation at VIP Formal Wear.
Raleigh's Cost of Living Index is approximately 102.3 (2.3% more expensive than US average; 6.6% more than NC average). State capital, Research Triangle Park, tech hub, housing above US avg. GoRaleigh/GoTriangle. When planning your budget based on a salary from VIP Formal Wear, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of VIP Formal Wear salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (GoRaleigh monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,830 - $4,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of VIP Formal Wear

1. What is the typical salary range (low to high) for most roles at VIP Formal Wear?

The typical annual salary range for most roles at VIP Formal Wear is approximately from $74,206 to $95,515. 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 VIP Formal Wear pay compared to United Real Estate Horizon?

The average annual salary at VIP Formal Wear is $84,426, or an hourly wage of $41, in comparison to United Real Estate Horizon which pays $99,214 per year or $48 per hour.

3. How does experience level affect salary at VIP Formal Wear?

Experience level is a significant factor in determining salary at VIP Formal Wear, 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 VIP Formal Wear in Raleigh is fair given the local cost of living?

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

5. Are the salaries listed for VIP Formal Wear on Salary.com pre-tax or after-tax?

All salary figures displayed for VIP Formal Wear, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.