Favco Inc Salary

Favco Inc Salary

How much does the Favco Inc Pay for employees?

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As of August 2026, the average weekly salary for employees at Favco Inc in the United States is $1,920. This translates to an approximate annual wage of $99,858. Salaries at Favco Inc typically range from $1,689 to $2,171 weekly, reflecting the diverse roles and experience levels within the company. Favco 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.

How Much Does Favco Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Favco Inc. 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 Favco Inc

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

Is Favco Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Favco 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)
Favco Inc
Retail & Wholesale
Heritage Training and Shooting Center
Arcadia Sash and Door Inc
Industry Comparison
Our data shows that, on average, compensation at Favco Inc is below the average for the U.S. Retail & Wholesale industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Favco Inc average annual salary with several similar companies. Favco Inc average salary of $99,858 is higher than Heritage Training and Shooting Center, which has an average salary of $96,841. It is lower than Arcadia Sash and Door Inc, with their average salary at $102,126. This places Favco Inc in a mid-range 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 Favco Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Favco Inc

Considering a career at Favco 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.
The company fosters a positive and inclusive work environment. The pay is fair, and the company often recognizes hard work. The work environment is dynamic, and the benefits are above average. The pay is good, and advancement opportunities are available for those who seek them. The work environment is structured, and processes are well-defined, which helps in daily operations.
Commented in March 01, 2025
8
0
The retail team is energetic, and the company offers good benefits. Colleagues are friendly, and the office environment is functional. The benefits, including health and wellness programs, are a big plus. Overall, a great place to build a career. The team is collaborative, and the office environment is pleasant. The team is energetic, and collaboration is strong across departments. The company off...
Commented in February 27, 2025
40
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The benefits package is robust, including retirement plans and health coverage. Tasks are clearly defined, and schedules are consistent. The retail discounts are a nice perk too.
Commented in February 24, 2024
35
2

Favco Inc Overview

Website
www.favcoinc.com
Founded In
2012
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1205 W 29th Ave Anchorage Alaska AK 99503
Revenue
<$5 Million
Phone Number
+1 9072781525
Social Media
About Favco Inc
Favco is an Alaska seafood processing and distribution company. We have been operating since 1974. We are based in Anchorage, a perfect geographic and transportation hub for the fishing waters of Alaska. We receive all species of fish and shellfish from all areas of Alaska directly from quality conscience harvesters. We then process and distribute within Alaska and ship to all areas in the contine

What Benefits Does Favco Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Favco 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 Anchorage?

Understanding the cost of living near Anchorage is key to truly evaluating a salary offer or your current compensation at Favco Inc.
Anchorage's Cost of Living Index is approximately 117.6 (17.6% more expensive than US average; 7.1% less than AK average). Primary drivers are significantly more expensive groceries, utilities, and housing. When planning your budget based on a salary from Favco Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Favco Inc salary. Location choices impact this heavily.
Utilities (Basic) $200 - $350 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 - $80 (People Mover Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,910 - $4,680+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Favco Inc

1. What is the average salary for employees at Favco Inc?

The average annual total compensation for employees at Favco Inc is approximately $99,858. However, this is an aggregate figure, actual salaries can range significantly, typically from $87,823 to $112,916, depending on factors like job role, experience, and location.

2. How much does Favco Inc pay compared to Heritage Training and Shooting Center?

The average annual salary at Favco Inc is $99,858, or an hourly wage of $48, in comparison to Heritage Training and Shooting Center which pays $96,841 per year or $47 per hour.

3. How does having a professional certification impact salary for relevant roles at Favco Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Favco Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Favco Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Anchorage?

While some companies offer formal COLA, many, including potentially Favco Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Favco Inc?

Most companies, likely including Favco Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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