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Splendid Bakes by Banks Salary

Splendid Bakes by Banks Salary

How much does the Splendid Bakes by Banks Pay for employees?

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As of October 2026, the average hourly salary for employees at Splendid Bakes by Banks in the United States is $52. This translates to an approximate annual wage of $108,033. Salaries at Splendid Bakes by Banks typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company. Splendid Bakes by Banks’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 Splendid Bakes by Banks

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

Is Splendid Bakes by Banks’s Pay Competitive? Salary Benchmarking Analysis

How does Splendid Bakes by Banks’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)
Splendid Bakes by Banks
Retail & Wholesale
Manresa Bread
Duet Bakery
Industry Comparison
Our data shows that, on average, compensation at Splendid Bakes by Banks is below the average for the U.S. Retail & Wholesale industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Splendid Bakes by Banks average annual salary with several similar companies. Splendid Bakes by Banks average salary of $108,033 is lower than Manresa Bread, which has an average salary of $120,142. It is lower than Duet Bakery, with their average salary at $112,410. This places Splendid Bakes by Banks in a developing position among its peers.
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Companies Similar to Splendid Bakes by Banks and Their Hourly Pay Rates

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

Employee Reviews: Working at Splendid Bakes by Banks

Considering a career at Splendid Bakes by Banks? 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’d recommend this company to anyone looking for growth in the industry. The team is professional, and the workload is manageable. Typical corporate structure, decent workload. The retail side is fast-paced but well-supported by management. The hybrid work model (for corporate roles) is a great perk, allowing flexibility.
Commented in February 08, 2025
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The company has a strong reputation in the retail and wholesale industry, and it’s clear why—employees are treated well. The job provides a steady routine with fair expectations. The training programs are top-notch, making it easy to succeed. I’ve had a great experience here. The work environment is team-oriented, and employees are recognized for their contributions. I’ve gained valuable skills si...
Commented in October 13, 2024
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1
The company operates efficiently in the wholesale and retail space, with well-defined processes. The company stays competitive in the Retail & Wholesale market by adapting to industry trends, making it an exciting place to work. Benefits like health coverage, retirement plans, and employee discounts are solid perks.
Commented in February 07, 2024
45
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Splendid Bakes by Banks Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
52 Warren St Peabody Massachusetts MA 01960
Revenue
$10 Million - $50 Million
Phone Number
+1 7812668548
Social Media
About Splendid Bakes by Banks
Splendid Bakes by Banks is a company that operates in the Financial Services industry. It employs 21-50 people and has $25M-$50M of revenue. The company is headquartered in Peabody, Massachusetts.

What Benefits Does Splendid Bakes by Banks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Splendid Bakes by Banks 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 Peabody?

Understanding the cost of living near Peabody is key to truly evaluating a salary offer or your current compensation at Splendid Bakes by Banks.
Peabody's Cost of Living Index is approximately 128.3 (28.3% more expensive than US average; 3.2% less than MA average). North Shore city, housing costs above US avg. Limited MBTA bus. When planning your budget based on a salary from Splendid Bakes by Banks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,700+ A significant portion of Splendid Bakes by Banks salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited MBTA bus, car common Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,400 - $5,210+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Splendid Bakes by Banks

1. What is the typical salary range (low to high) for most roles at Splendid Bakes by Banks?

The typical salary range for most roles at Splendid Bakes by Banks is approximately from $46 to $59 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 Splendid Bakes by Banks pay compared to Manresa Bread?

The average annual salary at Splendid Bakes by Banks is $108,033, or an hourly wage of $52, in comparison to Manresa Bread which pays $120,142 per year or $58 per hour.

3. How does experience level affect salary at Splendid Bakes by Banks?

Experience level is a significant factor in determining salary at Splendid Bakes by Banks, 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 Splendid Bakes by Banks in Peabody is fair given the local cost of living?

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

5. Are the salaries listed for Splendid Bakes by Banks on Salary.com pre-tax or after-tax?

All salary figures displayed for Splendid Bakes by Banks, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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