Faim Salary

Faim Salary

How much does the Faim Pay for employees?

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As of July 2026, the average annual salary for employees at Faim in the United States is $78,150. This translates to an approximate hourly wage of $38. Salaries at Faim typically range from $68,342 to $89,430 annually, reflecting the diverse roles and experience levels within the company. Faim’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 Faim

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

Is Faim’s Pay Competitive? Salary Benchmarking Analysis

How does Faim’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)
Faim
Edu., Gov't. & Nonprofit
Interfaith Human Services Inc
Delaware Greenways Inc
Industry Comparison
Our data shows that, on average, compensation at Faim is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Faim average annual salary with several similar companies. Faim average salary of $78,150 is lower than Interfaith Human Services Inc, which has an average salary of $80,840. It is lower than Delaware Greenways Inc, with their average salary at $89,985. This places Faim in a developing position among its peers.
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How Faim's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Faim

Considering a career at Faim? 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.
Exceptional training programs! Engaging, practical, and tailored to government needs. Management follows a strict hierarchy, which can stifle initiative. It’s stable, but doesn’t offer much in the way of innovation. Healthier team.
Commented in March 04, 2025
34
1
Benefits meet industry standards but don’t stand out compared to similar organizations. Their team is skilled, responsive, and a pleasure to work with. The mission drives the team’s energy. Collaboration is genuine and part of the organization’s strength. Team members are supportive and dedicated, making every project enjoyable and rewarding. They encourage open dialogue and actively seek feedback...
Commented in February 26, 2025
21
3
It's satisfying to work in a place that positively impacts communities. Communication is regular but formal. Benefits like healthcare and retirement plans are excellent. The mission is strong, but change take time and careful process. The stability and comprehensive benefits are excellent, and it’s truly inspiring to see the direct impact of our work on the community and educational outcomes.
Commented in May 19, 2024
9
1

Faim Overview

Website
www.minnesotafaim.org
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
411 Industrial Park Blvd Elbow Lake Minnesota MN 56531
Revenue
<$5 Million
Phone Number
+1 8004924805
Social Media
About Faim
Family Assets for Independence in Minnesota (FAIM) accounts, also known as Individual Development Accounts (IDAs), enable people to escape poverty and achieve wealth through asset acquisition. The FAIM program is a matched savings project that helps Minnesota resident low-wage earners build assets in the state through: This is accomplished by the participant depositing $84 or more monthly from the

What Benefits Does Faim Offer Beyond Salary?

A competitive compensation package is more than just a salary. Faim 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Faim.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Faim, 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 Faim salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 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) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Faim

1. What is the estimated average total compensation at Faim?

Salary.com estimates that the average total compensation package at Faim, which can include base salary, potential bonuses, and benefits, is around $78,150 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Faim pay compared to Interfaith Human Services Inc?

The average annual salary at Faim is $78,150, or an hourly wage of $38, in comparison to Interfaith Human Services Inc which pays $80,840 per year or $39 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Faim?

Salary progression from an entry-level to a senior role at Faim can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Faim in Minneapolis is fair given the local cost of living?

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

5. Are promotions at Faim usually accompanied by a significant salary increase?

Yes, promotions at Faim are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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