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551 Second Corp Salary

551 Second Corp Salary

How much does the 551 Second Corp Pay for employees?

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As of September 2026, the average annual salary for employees at 551 Second Corp in the United States is $110,975. This translates to an approximate hourly wage of $53. Salaries at 551 Second Corp typically range from $97,509 to $125,585 annually, reflecting the diverse roles and experience levels within the company. 551 Second Corp’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at 551 Second Corp

Ready for your next career move? Explore current job openings at 551 Second Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 551 Second Corp’s Pay Competitive? Salary Benchmarking Analysis

How does 551 Second Corp’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
551 Second Corp
Business Services
New Hfg Inc
Jsj Methods LLC
Industry Comparison
Our data shows that, on average, compensation at 551 Second Corp is below the average for the U.S. Business Services industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 551 Second Corp average annual salary with several similar companies. 551 Second Corp average salary of $110,975 is lower than New Hfg Inc, which has an average salary of $111,819. It is higher than Jsj Methods LLC, with their average salary at $89,426. This places 551 Second Corp in a mid-range position among its peers.
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How 551 Second Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 551 Second Corp. Click a company name to learn more.

Employee Reviews: Working at 551 Second Corp

Considering a career at 551 Second Corp? 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.
While that’s a plus for reliability, it sometimes feels uninspired. The leadership team is accessible and genuinely inspiring. Encouraging leadership and inclusive space. I’ve grown both professionally and personally here and truly feel like part of a community committed to shared success.
Commented in May 21, 2025
33
1
With competitive compensation and a strong focus on development, it’s an organization that truly values its people. My manager takes a genuine interest in my career goals. I never feel guilty about taking time off when needed, and the culture actively discourages burnout. It's the kind of place where you feel respected and valued. Leadership communicates well and invests in employee success.
Commented in April 06, 2025
31
1
The benefits and compensation are very fair. It's clear this isn't just lip service - real progress is being made. Employees are respected and treated fairly, but recognition is infrequent. Management encourages feedback and continuous improvement. Expectations are high, but so is support — it’s a place where doing your best is noticed.
Commented in November 11, 2024
9
0
This company promotes a high-performance culture without compromising employee well-being. Trusted leadership and fair expectations. There’s a clear hierarchy, which can be limiting in decision-making. Cross-functional collaboration is a norm, which helps build a strong network and mutual trust. It’s a fair and motivating system that drives us all to do our best. The company culture here is truly ...
Commented in August 24, 2024
21
2
Every decision and strategy is geared towards achieving the best possible outcomes for those we serve. It’s a good job for those who prefer predictability over excitement. The company offers strategic projects. The company culture prioritizes collaboration and respects work-life balance.
Commented in January 09, 2024
23
1

551 Second Corp Overview

Website
Data pending, update soon.
Founded In
1995
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
551 2nd Ave New York City New York NY 10016
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About 551 Second Corp
551 Second Corp is a company that operates in the Real Estate industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in New York City, New York.

What Benefits Does 551 Second Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. 551 Second Corp 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 551 Second Corp.
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 551 Second Corp, 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 551 Second Corp 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 551 Second Corp

1. How much does a 551 Second Corp employee make?

551 Second Corp pays its employees an average of $110,975 per year. The average salary at 551 Second Corp range from $97,509 to $125,585 per year. 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. Which similar company tend to pay more or less than 551 Second Corp?

The salary at 551 Second Corp is lesser than the similar company. The average annual salary at 551 Second Corp is $110,975, or an hourly wage of $53, in comparison to New Hfg Inc which pays $111,819 per year or $54 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at 551 Second Corp?

In many roles at 551 Second Corp, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near New York affect the perceived value of a 551 Second Corp salary?

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from 551 Second Corp based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does 551 Second Corp typically offer employees?

551 Second Corp generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at 551 Second Corp" section on this page.

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