Drake & Associates Ltd Salary

Drake & Associates Ltd Salary

How much does the Drake & Associates Ltd Pay for employees?

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As of August 2026, the average annual salary for employees at Drake & Associates Ltd in the United States is $84,975. This translates to an approximate hourly wage of $41. Salaries at Drake & Associates Ltd typically range from $74,637 to $96,332 annually, reflecting the diverse roles and experience levels within the company. Drake & Associates Ltd’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 Drake & Associates Ltd

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Is Drake & Associates Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Drake & Associates Ltd’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
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Average Salary ($/year)
Drake & Associates Ltd
Hospitality & Leisure
Casa La Femme
Diamond Sporting Group
Industry Comparison
Our data shows that, on average, compensation at Drake & Associates Ltd is below the average for the U.S. Hospitality & Leisure industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Drake & Associates Ltd average annual salary with several similar companies. Drake & Associates Ltd average salary of $84,975 is lower than Casa La Femme, which has an average salary of $105,912. It is higher than Diamond Sporting Group, with their average salary at $83,150. This places Drake & Associates Ltd in a mid-range position among its peers.
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How Drake & Associates Ltd's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Drake & Associates Ltd. Click a company name to learn more.

Employee Reviews: Working at Drake & Associates Ltd

Considering a career at Drake & Associates Ltd? 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 the role doesn’t have many surprises, it’s stable and provides consistent hours. A standout employer in hospitality. While the job can be repetitive at times, it’s stable. The workplace is professional, with clear policies. The company values its employees and offers strong benefits.
Commented in May 03, 2025
32
1
Communication from upper management is consistent, though not always detailed. Communication from HR is timely, and safety protocols are strictly followed. Enjoy the fast-paced setting. The company follows industry norms, and the daily operations run smoothly. Rewarding work with great client interactions. It’s a rewarding place to work in hospitality.
Commented in October 14, 2024
10
2
The workplace is well-managed with clear expectations. The benefits are competitive, and teamwork is encouraged. The training programs are thorough, ensuring we’re well-prepared for our roles.
Commented in March 10, 2024
25
3

Drake & Associates Ltd Overview

Website
www.drakelodge.com
Founded In
2009
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
82112 Ehringhaus Chapel Hill North Carolina NC 27517
Revenue
<$5 Million
Phone Number
+1 9199699901
Social Media
About Drake & Associates Ltd
Drake & Associates Ltd is a company that operates in the Leisure, Travel & Tourism industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Chapel Hill, North Carolina.

What Benefits Does Drake & Associates Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake & Associates Ltd 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 Chapel Hill?

Understanding the cost of living near Chapel Hill is key to truly evaluating a salary offer or your current compensation at Drake & Associates Ltd.
Chapel Hill's Cost of Living Index is approximately 117.3 (17.3% more expensive than US average; 22.2% more than NC average). Home to UNC-Chapel Hill, very desirable, high housing costs. Chapel Hill Transit (free). When planning your budget based on a salary from Drake & Associates Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Drake & Associates Ltd salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Free local bus (Chapel Hill Transit) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,910 - $4,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake & Associates Ltd

1. How much does a Drake & Associates Ltd employee make?

Drake & Associates Ltd pays its employees an average of $84,975 per year. The average salary at Drake & Associates Ltd range from $74,637 to $96,332 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 Drake & Associates Ltd?

The salary at Drake & Associates Ltd is lesser than the similar company. The average annual salary at Drake & Associates Ltd is $84,975, or an hourly wage of $41, in comparison to Casa La Femme which pays $105,912 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Drake & Associates Ltd?

In many roles at Drake & Associates Ltd, 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 Chapel Hill affect the perceived value of a Drake & Associates Ltd salary?

Chapel Hill's Cost of Living Index is approximately 117.3 (17.3% more expensive than US average; 22.2% more than NC average). This significantly impacts the purchasing power of a salary from Drake & Associates Ltd based there. Our "Cost of Living Insights for Chapel Hill" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Drake & Associates Ltd typically offer employees?

Drake & Associates Ltd 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 Drake & Associates Ltd" section on this page.

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