Parallel Corp Salary

Parallel Corp Salary

How much does the Parallel Corp Pay for employees?

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As of August 2026, the average hourly salary for employees at Parallel Corp in the United States is $44. This translates to an approximate annual wage of $92,084. Salaries at Parallel Corp typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company. Parallel Corp’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 Parallel Corp

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

Is Parallel Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Parallel Corp’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
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Average Salary ($/year)
Parallel Corp
Software & Networking
SolutionNET Pte Ltd
CultureConnect
Industry Comparison
Our data shows that, on average, compensation at Parallel Corp is below the average for the U.S. Software & Networking industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Parallel Corp average annual salary with several similar companies. Parallel Corp average salary of $92,084 is lower than SolutionNET Pte Ltd, which has an average salary of $114,013. It is lower than CultureConnect, with their average salary at $94,257. This places Parallel Corp in a developing position among its peers.
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Companies Similar to Parallel Corp and Their Hourly Pay Rates

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

Employee Reviews: Working at Parallel Corp

Considering a career at Parallel Corp? 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 also hosts regular team-building events, which foster a strong sense of community. The work-life balance is reasonable, and the benefits are competitive for the industry. The company also invests in technology to streamline operations, which makes daily tasks easier. If you’re looking for stability and growth, this is a solid choice. While the workload can be busy, it’s manageable with...
Commented in April 25, 2025
50
3
Overall, it’s a decent place to work if you value stability and a predictable routine. The team is hardworking, and there’s always room to advance. My time at this company has been uneventful in a good way. Employees are given the freedom to innovate, which keeps the work engaging. Decent place to gain experience. There’s a good mix of autonomy and teamwork, allowing for both independent and colla...
Commented in April 05, 2025
38
3
The company also gives back to the community through charity partnerships, which makes me proud to work here. The team is cooperative, and management is reasonable. The company also gives back to the community, which adds to its positive reputation. The company values its employees and fosters a positive work environment. Benefits like health insurance and bonuses are a great advantage.
Commented in January 28, 2024
50
1

Parallel Corp Overview

Website
Data pending, update soon.
Founded In
1991
Employees
50 - 100 employees
Industry
Software & Networking
Headquarter Address
1229 Perry Rd Apex North Carolina NC 27502
Revenue
<$5 Million
Phone Number
+1 9193621535
Social Media
About Parallel Corp
Parallel Corp is a company that operates in the Computer Hardware industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Apex, North Carolina.

What Benefits Does Parallel Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel Corp 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 Raleigh?

Understanding the cost of living near Raleigh is key to truly evaluating a salary offer or your current compensation at Parallel Corp.
Raleigh's Cost of Living Index is approximately 102.3 (2.3% more expensive than US average; 6.6% more than NC average). State capital, Research Triangle Park, tech hub, housing above US avg. GoRaleigh/GoTriangle. When planning your budget based on a salary from Parallel Corp, 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 Parallel Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (GoRaleigh monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,830 - $4,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parallel Corp

1. What is the estimated average total compensation at Parallel Corp?

Salary.com estimates that the average total compensation package at Parallel Corp, which can include base salary, potential bonuses, and benefits, is around $44 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Parallel Corp pay compared to SolutionNET Pte Ltd?

The average annual salary at Parallel Corp is $92,084, or an hourly wage of $44, in comparison to SolutionNET Pte Ltd which pays $114,013 per year or $55 per hour.

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

Salary progression from an entry-level to a senior role at Parallel Corp 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 Parallel Corp in Raleigh is fair given the local cost of living?

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

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

Yes, promotions at Parallel Corp 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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