LAC Payment System Salary

LAC Payment System Salary

How much does the LAC Payment System Pay for employees?

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As of August 2026, the average hourly salary for employees at LAC Payment System in the United States is $43. This translates to an approximate annual wage of $89,352. Salaries at LAC Payment System typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company. LAC Payment System’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 LAC Payment System

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

Is LAC Payment System’s Pay Competitive? Salary Benchmarking Analysis

How does LAC Payment System’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
LAC Payment System
Financial Services
Bylo Grapevine Holdings LLC
Golden Pear Funding LLC
Industry Comparison
Our data shows that, on average, compensation at LAC Payment System is below the average for the U.S. Financial Services industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared LAC Payment System average annual salary with several similar companies. LAC Payment System average salary of $89,352 is lower than Bylo Grapevine Holdings LLC, which has an average salary of $99,921. It is lower than Golden Pear Funding LLC, with their average salary at $115,005. This places LAC Payment System in a developing position among its peers.
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Companies Similar to LAC Payment System and Their Hourly Pay Rates

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

Employee Reviews: Working at LAC Payment System

Considering a career at LAC Payment System? 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.
I appreciate how the company adapts to market changes while maintaining a people-focused culture. Training on new software is readily available, making transitions smooth. I’ve had a great experience learning new systems and taking on responsibility. Colleagues are helpful and knowledgeable.
Commented in May 02, 2025
8
1
For an organization of employees, maintaining such a high standard of integrity and trust is commendable. The company embraces change and stays current with trends in fintech. The company culture emphasizes teamwork, transparency, and career advancement. The benefits package, including retirement plans and wellness perks, is top-tier. Their transparency and communication build trust, making emplo...
Commented in April 09, 2025
36
3
It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. Leadership values results but lacks approachability. Work-life balance is respected here. We’re encouraged to contribute ideas, and our efforts are acknowledged. Meetings are functional, rarely creative.
Commented in January 08, 2024
38
3

LAC Payment System Overview

Website
www.lacpayments.com
Founded In
2012
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
6000 Poplar Ave Memphis Tennessee TN 38111
Revenue
$10 Million - $50 Million
Phone Number
+1 9015761813
Social Media
About LAC Payment System
LAC Payment System is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Memphis, Tennessee.

What Benefits Does LAC Payment System Offer Beyond Salary?

A competitive compensation package is more than just a salary. LAC Payment System 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at LAC Payment System.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from LAC Payment System, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of LAC Payment System salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of LAC Payment System

1. What is the typical salary range (low to high) for most roles at LAC Payment System?

The typical salary range for most roles at LAC Payment System is approximately from $38 to $49 per hour. 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. How much does LAC Payment System pay compared to Bylo Grapevine Holdings LLC?

The average annual salary at LAC Payment System is $89,352, or an hourly wage of $43, in comparison to Bylo Grapevine Holdings LLC which pays $99,921 per year or $48 per hour.

3. How does experience level affect salary at LAC Payment System?

Experience level is a significant factor in determining salary at LAC Payment System, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from LAC Payment System in Memphis is fair given the local cost of living?

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

5. What factors influence salary increases at LAC Payment System?

Salary increases at LAC Payment System are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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