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Fara Recovery Salary

Fara Recovery Salary

How much does the Fara Recovery Pay for employees?

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As of October 2026, the average annual salary for employees at Fara Recovery in the United States is $107,009. This translates to an approximate hourly wage of $51. Salaries at Fara Recovery typically range from $94,054 to $121,073 annually, reflecting the diverse roles and experience levels within the company. Fara Recovery’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 Fara Recovery Pay for Different Roles?

Explore detailed salary information for specific jobs at Fara Recovery. 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 Fara Recovery

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

Is Fara Recovery’s Pay Competitive? Salary Benchmarking Analysis

How does Fara Recovery’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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90k
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Average Salary ($/year)
Fara Recovery
Business Services
Asana BioSciences LLC
Kairos and Associates Inc
Industry Comparison
Our data shows that, on average, compensation at Fara Recovery is below the average for the U.S. Business Services industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Fara Recovery average annual salary with several similar companies. Fara Recovery average salary of $107,009 is higher than Asana BioSciences LLC, which has an average salary of $100,027. It is higher than Kairos and Associates Inc, with their average salary at $93,065. This places Fara Recovery 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 Fara Recovery's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Fara Recovery

Considering a career at Fara Recovery? 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.
Efficient systems make tasks easier. The company has established processes for most tasks, which ensures consistency in our service delivery. This inclusive approach to decision-making leads to better outcomes and makes me feel like a true partner in our success, not just an employee. Balanced workload and recognition.
Commented in May 04, 2025
8
3
I genuinely enjoy coming to work and feel motivated by the culture, leadership, and people I interact with every day. It’s a dynamic place where your contributions are noticed and appreciated, which is motivating every day for our team. A culture of continuous improvement keeps us all sharp.
Commented in March 23, 2025
47
3
Management genuinely invests in developing talent - I've had access to leadership training, skills workshops, and even tuition reimbursement for relevant certifications. The company promotes a healthy work-life balance and actively supports career growth through training programs. Excellent benefits and wellness programs. I always know where I stand and how I can improve. It’s a good starting poin...
Commented in October 28, 2024
48
1

Fara Recovery Overview

Website
www.fararecovery.com
Founded In
2019
Employees
<25 employees
Industry
Business Services
Headquarter Address
1325 Avenue of the Americas New York City New York NY 10019
Revenue
<$5 Million
Phone Number
+1 6464800779
Social Media
About Fara Recovery
FARA Recovery is an acquirer of corporate entities with legacy liabilities exposure (e.g., asbestos and other toxic torts; product recalls; certain environmental matters; etc.)Our approach offers companies restructuring solutions that remove the liabilities from their balance sheets.FARA Recovery provides unique solutions, cost benefits, balance sheet positive impacts, the breakdown of capital bar

What Benefits Does Fara Recovery Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fara Recovery 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 Fara Recovery.
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 Fara Recovery, 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 Fara Recovery 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 Fara Recovery

1. What is the estimated average total compensation at Fara Recovery?

Salary.com estimates that the average total compensation package at Fara Recovery, which can include base salary, potential bonuses, and benefits, is around $107,009 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Fara Recovery pay compared to Asana BioSciences LLC?

The average annual salary at Fara Recovery is $107,009, or an hourly wage of $51, in comparison to Asana BioSciences LLC which pays $100,027 per year or $48 per hour.

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

Salary progression from an entry-level to a senior role at Fara Recovery 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 Fara Recovery in New York is fair given the local cost of living?

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

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

Yes, promotions at Fara Recovery 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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