Penny Saver Salary

How much does the Penny Saver Pay for employees?

As of October 2026, the average hourly salary for employees at Penny Saver in the United States is $44. This translates to an approximate annual wage of $91,546. Salaries at Penny Saver typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company. Penny Saver’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 Penny Saver

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

Is Penny Saver’s Pay Competitive? Salary Benchmarking Analysis

How does Penny Saver’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)
Penny Saver
Retail & Wholesale
Heavenly Pet Sanctuary
Paragon International Inc
Industry Comparison
Our data shows that, on average, compensation at Penny Saver is below the average for the U.S. Retail & Wholesale 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 Penny Saver average annual salary with several similar companies. Penny Saver average salary of $91,546 is lower than Heavenly Pet Sanctuary, which has an average salary of $92,738. It is lower than Paragon International Inc, with their average salary at $92,221. This places Penny Saver in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at Penny Saver

Considering a career at Penny Saver? 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 promotes a healthy work culture with growth opportunities. Colleagues are friendly, and the office environment is functional. The work environment is energetic, and colleagues are supportive. Rewarding environment. The company provides a structured work setting with clear guidelines. I’ve had a great experience here. I love the inclusive culture here—everyone’s contributions are valued...
The leadership team is transparent, and there are regular check-ins to ensure employee satisfaction. There are occasional training sessions to help with skill development. I’ve developed valuable skills here and would recommend it to others in the industry. The workplace is steady, with a professional atmosphere. What I love most about this company is its positive atmosphere.
The pay is on par with industry standards. The workload is manageable, and coworkers are easy to get along with. The pay is fair, and there are frequent recognition programs for top performers. The onboarding process is thorough, ensuring new hires feel prepared. The location is convenient, and the facilities are well-maintained.

Penny Saver Overview

Website
www.pennysaverguide.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
743 10th St Marion Iowa IA 52302
Revenue
$10 Million - $50 Million
Phone Number
+1 3193995911
Social Media
About Penny Saver
The Penny Saver is an advertising and entertainment publication published each Wednesday and delivered to more than 90,000 households in Linn County, Iowa. Sign up to receive the Penny Saver each week.

What Benefits Does Penny Saver Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penny Saver 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 Cedar Rapids?

Understanding the cost of living near Cedar Rapids is key to truly evaluating a salary offer or your current compensation at Penny Saver.
Cedar Rapids' Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 8.2% less than IA average). Eastern IA city, affordable housing. CR Transit. When planning your budget based on a salary from Penny Saver, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Penny Saver salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (CR Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,925 - $3,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penny Saver

1. How much does Penny Saver in the United States pay?

Penny Saver pays its employees an average of $44 per hour. The average salary at Penny Saver range from $39 to $50 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 Penny Saver employees get a higher salary than its peer company?

The salary at Penny Saver is lesser than its peer company. The average annual salary at Penny Saver is $91,546, or an hourly wage of $44, in comparison to Heavenly Pet Sanctuary which pays $92,738 per year or $45 per hour.

3. How much does salary increase with years of experience at Penny Saver?

Salary progression with years of experience at Penny Saver 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.

4. Do salaries at Penny Saver vary by office location?

Yes, it's very likely that salaries at Penny Saver 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 Cedar Rapids section provides more context.

5. Does Penny Saver offer good benefits?

Penny Saver 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 Penny Saver" section on this page.