PayNet Inc Salary

How much does the PayNet Inc Pay for employees?

As of August 2026, the average hourly salary for employees at PayNet Inc in the United States is $51. This translates to an approximate annual wage of $105,796. Salaries at PayNet Inc typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company. PayNet 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 PayNet Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at PayNet 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.
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Current Job Openings at PayNet Inc

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

Is PayNet Inc’s Pay Competitive? Salary Benchmarking Analysis

How does PayNet Inc’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
150k
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90k
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Average Salary ($/year)
PayNet Inc
Business Services
National Credit Systems Inc
mip/ national processing LLC
Industry Comparison
Our data shows that, on average, compensation at PayNet Inc is below the average for the U.S. Business Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared PayNet Inc average annual salary with several similar companies. PayNet Inc average salary of $105,796 is higher than National Credit Systems Inc, which has an average salary of $94,890. It is higher than mip/ national processing LLC, with their average salary at $95,660. This places PayNet Inc in a competitive position among its peers.
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Employee Reviews: Working at PayNet Inc

Considering a career at PayNet 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.
This investment shows a commitment to keeping our skills sharp and relevant, which benefits both the employee and the company in the long run. Leadership here genuinely cares about people and sets a strong example through ethical and transparent practices. Our team consistently exceeds expectations and delivers value. The company is very stable and has a clear vision for the future.
Managers are approachable and provide helpful feedback. Managers are trained to coach and mentor, offering regular check-ins. Working here has allowed me to stretch my abilities and explore new paths I hadn’t considered before. There’s an emphasis on employee development, with clear learning paths and a culture of feedback that supports growth. Organized structure and open culture. Service quality...
However, there’s little excitement in the day-to-day tasks. The services are functional, though not groundbreaking. During project meetings, everyone is encouraged to speak up, and diverse perspectives are actively sought out. My workload feels balanced and manageable.
The opportunity to work on diverse and challenging financial projects means I'm constantly learning and expanding my skillset. Management is great at celebrating wins, big or small. I can count on leadership to be understanding and supportive. Training was sufficient, and tasks are straightforward. Satisfactory experience.
Advancement seems affect a creative contributions aren't always encouraged or recognized. They ensure we have the resources we need and champion our successes to upper management. Safe and healthy work environment.

PayNet Inc Overview

Website
www.paynet.com
Founded In
2000
Employees
100 - 200 employees
Industry
Business Services
Headquarter Address
5750 Old Orchard Rd Skokie Illinois IL 60077
Revenue
$50 Million - $200 Million
Phone Number
+1 8668253400
Social Media
About PayNet Inc
Founded in 1999, PayNet enables lenders to achieve optimal risk management, growth, and operational efficiencies by providing credit ratings on small businesses. The company is headquartered in Skokie, Illinois.

What Benefits Does PayNet Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. PayNet 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 Skokie?

Understanding the cost of living near Skokie is key to truly evaluating a salary offer or your current compensation at PayNet Inc.
Skokie's Cost of Living Index is approximately 113.5 (13.5% more expensive than US average; 21.0% more than IL average). North Chicago suburb, desirable, diverse, housing costs above US average. Pace bus, CTA Yellow Line. When planning your budget based on a salary from PayNet Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of PayNet Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/CTA (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,850 - $4,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of PayNet Inc

1. How much does PayNet Inc in the United States pay?

PayNet Inc pays its employees an average of $51 per hour. The average salary at PayNet Inc range from $45 to $58 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. Do PayNet Inc employees get a higher salary than its peer company?

The salary at PayNet Inc is higher than its peer company. The average annual salary at PayNet Inc is $105,796, or an hourly wage of $51, in comparison to National Credit Systems Inc which pays $94,890 per year or $46 per hour.

3. What are the highest paying jobs at PayNet Inc?

The higher-paying job at PayNet Inc, according to our data, include Chief Executive Officer (avg. $394 per hour), President (avg. $394 per hour), and IT Executive (avg. $154 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at PayNet Inc?

Salary progression with years of experience at PayNet Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at PayNet Inc vary by office location?

Yes, it's very likely that salaries at PayNet Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Skokie section provides more context.

6. Does PayNet Inc offer good benefits?

PayNet Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at PayNet Inc" section on this page.