FAVO Group LLC Salary

How much does the FAVO Group LLC Pay for employees?

As of July 2026, the average annual salary for employees at FAVO Group LLC in the United States is $97,622. This translates to an approximate hourly wage of $47. Salaries at FAVO Group LLC typically range from $85,807 to $110,452 annually, reflecting the diverse roles and experience levels within the company. FAVO Group LLC’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 FAVO Group LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at FAVO Group LLC. 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.
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Current Job Openings at FAVO Group LLC

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

Is FAVO Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does FAVO Group LLC’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)
FAVO Group LLC
Business Services
Junius
Channing-Bowditch Apartments
Industry Comparison
Our data shows that, on average, compensation at FAVO Group LLC is below the average for the U.S. Business Services 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 FAVO Group LLC average annual salary with several similar companies. FAVO Group LLC average salary of $97,622 is lower than Junius, which has an average salary of $104,794. It is lower than Channing-Bowditch Apartments, with their average salary at $106,334. This places FAVO Group LLC in a developing 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.

Employee Reviews: Working at FAVO Group LLC

Considering a career at FAVO Group LLC? 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.
We are empowered to do what's right for the client, which makes the work incredibly fulfilling. The company has clear structures and expectations, though flexibility is limited. This company provides excellent career advancement opportunities through training, mentorship, and internal mobility. I'm consistently impressed by the high caliber of my colleagues; everyone is knowledgeable, driven, and ...
Learning is constant, and feedback is always welcomed. Most teams function independently, and collaboration is limited. Training is available but generic. They handled our multinational project effortlessly. Company culture promotes continuous learning. Work processes are clearly outlined, though they can be inflexible.
There’s room to grow. I’ve built strong professional relationships here that will last a lifetime. Managers invest in their teams and provide regular feedback that helps with professional growth. The performance review process is transparent and constructive, with clear pathways for advancement. Management consistently checks in on team morale and actively seeks feedback for improvement.

FAVO Group LLC Overview

Website
www.favogrp.com
Founded In
2018
Employees
<25 employees
Industry
Business Services
Headquarter Address
1461 Franklin Ave Garden City New York NY 11530
Revenue
<$5 Million
Phone Number
+1 8333286477
Social Media
About FAVO Group LLC
Founded In 2018, FAVO Group, Which Is The Management Company For Both FAVO Realty And The FAVO Fund. Investment And Asset Management Company.

What Benefits Does FAVO Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. FAVO Group LLC 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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How Much Should You Be Earning?

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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 FAVO Group LLC.
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 FAVO Group LLC, 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 FAVO Group LLC 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 FAVO Group LLC

1. What is the estimated average total compensation at FAVO Group LLC?

Salary.com estimates that the average total compensation package at FAVO Group LLC, which can include base salary, potential bonuses, and benefits, is around $97,622 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does FAVO Group LLC pay compared to Junius?

The average annual salary at FAVO Group LLC is $97,622, or an hourly wage of $47, in comparison to Junius which pays $104,794 per year or $50 per hour.

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

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

To determine if a salary offer from FAVO Group LLC in New York is fair, first compare the gross salary to our data for similar roles at FAVO Group LLC 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 FAVO Group LLC usually accompanied by a significant salary increase?

Yes, promotions at FAVO Group LLC 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.