EdFed Inc Salary

How much does the EdFed Inc Pay for employees?

As of August 2026, the average weekly salary for employees at EdFed Inc in the United States is $2,200. This translates to an approximate annual wage of $114,414. Salaries at EdFed Inc typically range from $1,928 to $2,497 weekly, reflecting the diverse roles and experience levels within the company. EdFed Inc’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 EdFed Inc

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Is EdFed Inc’s Pay Competitive? Salary Benchmarking Analysis

How does EdFed Inc’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)
EdFed Inc
Financial Services
9999 online business shopping chain management holdings Ltd
Cpe Holding Company LLC
Industry Comparison
Our data shows that, on average, compensation at EdFed Inc is below the average for the U.S. Financial Services industry by approximately 6%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared EdFed Inc average annual salary with several similar companies. EdFed Inc average salary of $114,414 is lower than 9999 online business shopping chain management holdings Ltd, which has an average salary of $126,671. It is lower than Cpe Holding Company LLC, with their average salary at $121,059. This places EdFed Inc in a developing position among its peers.
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Employee Reviews: Working at EdFed Inc

Considering a career at EdFed Inc? 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.
My manager is approachable, and the professional development budget actually gets used. Projects are managed efficiently, but internal communication needs improvement. There’s a strong team spirit and commitment to excellence. Diverse, inclusive workplace that respects all voices. My role has remained largely unchanged, which provides comfort.
Management prioritizes meeting deadlines over team building. I’ve experienced a structured workflow with minimal disruptions. The company culture is inclusive and supportive, making it an enjoyable place to work.
The evaluation process feels designed to help me succeed. This preparedness provides peace of mind. The work is steady with clear goals. Performance reviews are fair and developmental. Touches like quality coffee and fresh fruit make a difference. What impresses me most is how executives balance driving results with maintaining an ethical, employee-friendly culture.
Tools are modern, expectations are reasonable, and teamwork is emphasized. This company excels at creating a learning environment. There’s a lot of attention to detail, and people care about doing things right. This financial firm is a powerhouse for career development.
It's the ideal blend of professional and personal. What makes this financial services firm exceptional is its unwavering commitment to clients and integrity. The organization operates like a well-oiled machine, yet it never loses sight of individual contributions. Engagement with upper management is rare.

EdFed Inc Overview

Website
www.edfed.com
Founded In
2005
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
175 S Lake Ave Pasadena California CA 91101
Revenue
$10 Million - $50 Million
Phone Number
+1 8008215659
Social Media
About EdFed Inc
EdFed is dedicated to assisting students and graduates with financing their college expenses and managing their education loans. We specialize in education lending, and we are dedicated to ensuring your loans are handled professionally while offering you money-saving benefits. EdFed is here to guide you through every step of financing your education and inform you about the financial aid process.

What Benefits Does EdFed Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. EdFed Inc 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 Pasadena?

Understanding the cost of living near Pasadena is key to truly evaluating a salary offer or your current compensation at EdFed Inc.
Pasadena's Cost of Living Index is approximately 180.5 (80.5% more expensive than US average; 29.1% more than CA average). LA County city, historic, affluent, Rose Bowl, Caltech. Very high housing costs. Metro Gold Line. When planning your budget based on a salary from EdFed Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,700+ A significant portion of EdFed Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $75 (Pasadena Transit/Metro) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $950+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $790+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,135 - $6,435+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of EdFed Inc

1. How much does EdFed Inc in the United States pay?

EdFed Inc pays its employees an average of $114,414 per year. The average salary at EdFed Inc range from $100,267 to $129,828 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. Do EdFed Inc employees get a higher salary than its peer company?

The salary at EdFed Inc is lesser than its peer company. The average annual salary at EdFed Inc is $114,414, or an hourly wage of $55, in comparison to 9999 online business shopping chain management holdings Ltd which pays $126,671 per year or $61 per hour.

3. How much does salary increase with years of experience at EdFed Inc?

Salary progression with years of experience at EdFed Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at EdFed Inc vary by office location?

Yes, it's very likely that salaries at EdFed Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Pasadena section provides more context.

5. Does EdFed Inc offer good benefits?

EdFed Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at EdFed Inc" section on this page.