BLOM Development Bank Salary

BLOM Development Bank Salary

How much does the BLOM Development Bank Pay for employees?

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As of August 2026, the average annual salary for employees at BLOM Development Bank in the United States is $99,373. This translates to an approximate hourly wage of $48. Salaries at BLOM Development Bank typically range from $87,338 to $112,428 annually, reflecting the diverse roles and experience levels within the company. BLOM Development Bank’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.

How Much Does BLOM Development Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at BLOM Development Bank. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
How accurate does the salary look to you?

Current Job Openings at BLOM Development Bank

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

Is BLOM Development Bank’s Pay Competitive? Salary Benchmarking Analysis

How does BLOM Development Bank’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
180k
150k
120k
90k
60k
30k
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Average Salary ($/year)
BLOM Development Bank
Business Services
Fulton Hill Properties
Preserve Title Co
Industry Comparison
Our data shows that, on average, compensation at BLOM Development Bank is below the average for the U.S. Business Services industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared BLOM Development Bank average annual salary with several similar companies. BLOM Development Bank average salary of $99,373 is higher than Fulton Hill Properties, which has an average salary of $89,531. It is higher than Preserve Title Co, with their average salary at $87,190. This places BLOM Development Bank in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How BLOM Development Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at BLOM Development Bank

Considering a career at BLOM Development Bank? 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.
This company has provided a steady role with few surprises. Companytraining programs ensure consistent quality across all teams. The work can be repetitive, and there’s minimal variation in daily tasks. Managers are respectful but often too busy for regular check-ins. Great team culture and growth opportunities.
Commented in April 12, 2025
14
2
Friendly and professional coworkers daily. Culture here is top-notch. The workload is manageable, and we are encouraged to take our breaks. Managers are trained to coach and mentor, offering regular check-ins. A pleasure to work with—highly recommend their services!. Their consultants bring deep industry knowledge, helping us solve challenges efficiently. The total rewards package demonstrates how...
Commented in November 27, 2024
19
2
From day one, I felt welcomed and supported by my team. There’s a strong sense of community, and team outings help build relationships. Challenging work, but you're recognized for your efforts. The work here feels meaningful and well-supported.
Commented in March 31, 2024
48
2

BLOM Development Bank Overview

Website
www.blomdevelopment.com
Founded In
2005
Employees
<25 employees
Industry
Business Services
Headquarter Address
500 W Cummings Park Woburn Massachusetts MA 01801
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About BLOM Development Bank
BLOM DEVELOPMENT BANK is a full fledged Islamic bank that was established in February 2006 and became operational in March 2007. BLOM DEVELOPMENT BANK carries out its banking practices in compliance with the provision of the Islamic Sharia and pursuant to the instructions and regulations of the Lebanese Central Bank (Bank du Liban). BLOM DEVELOPMENT BANK also abides by the rules of its Sharia Boar

What Benefits Does BLOM Development Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. BLOM Development Bank 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at BLOM Development Bank.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from BLOM Development Bank, 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 BLOM Development Bank salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BLOM Development Bank

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

The typical annual salary range for most roles at BLOM Development Bank is approximately from $87,338 to $112,428. 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 BLOM Development Bank pay compared to Fulton Hill Properties?

The average annual salary at BLOM Development Bank is $99,373, or an hourly wage of $48, in comparison to Fulton Hill Properties which pays $89,531 per year or $43 per hour.

3. Do salaries differ significantly between departments at BLOM Development Bank?

Yes, salaries often differ between departments at BLOM Development Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at BLOM Development Bank?

Experience level is a significant factor in determining salary at BLOM Development Bank, 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.

5. How can I determine if a salary offer from BLOM Development Bank in Boston is fair given the local cost of living?

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

6. What factors influence salary increases at BLOM Development Bank?

Salary increases at BLOM Development Bank 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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