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Karrot Rewards Salary

Karrot Rewards Salary

How much does the Karrot Rewards Pay for employees?

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As of September 2026, the average annual salary for employees at Karrot Rewards in the United States is $94,025. This translates to an approximate hourly wage of $45. Salaries at Karrot Rewards typically range from $82,637 to $106,367 annually, reflecting the diverse roles and experience levels within the company. Karrot Rewards’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 Karrot Rewards Pay for Different Roles?

Explore detailed salary information for specific jobs at Karrot Rewards. 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.
How accurate does the salary look to you?

Current Job Openings at Karrot Rewards

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

Is Karrot Rewards’s Pay Competitive? Salary Benchmarking Analysis

How does Karrot Rewards’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Karrot Rewards
Business Services
AM Engineering Inc
Azds LLC
Industry Comparison
Our data shows that, on average, compensation at Karrot Rewards is below the average for the U.S. Business Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Karrot Rewards average annual salary with several similar companies. Karrot Rewards average salary of $94,025 is higher than AM Engineering Inc, which has an average salary of $85,344. It is higher than Azds LLC, with their average salary at $88,835. This places Karrot Rewards in a competitive position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Karrot Rewards's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Karrot Rewards

Considering a career at Karrot Rewards? 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.
Projects are consistent, and it is very challenging or diverse. My manager takes the time to understand my career goals and helps me create a plan to achieve them. The company has cultivated a people-first culture where contributions are noticed and celebrated. It’s a solid workplace for those who value stability and structure,appeal to those seeking a fast-moving, highly dynamic environment. Lead...
Commented in April 13, 2025
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Their commitment to excellence makes them a preferred vendor for our company. The environment suits professionals who prefer a reliable and steady workplace over one focused on rapid innovation or change. The positive workplace culture makes a significant difference in day-to-day morale. The company has clear structures and expectations, though flexibility is limited.
Commented in April 13, 2025
17
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I feel recognized for my contributions here. Ethical and socially responsible company. I’m excited about my future with this company. Leadership stays accessible, and progress is measured fairly.
Commented in March 26, 2025
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Karrot Rewards Overview

Website
www.karrotrewards.com
Founded In
2006
Employees
<25 employees
Industry
Business Services
Headquarter Address
35 E Wacker Dr Chicago Illinois IL 60601
Revenue
<$5 Million
Phone Number
+1 3128096121
Social Media
About Karrot Rewards
Karrot Rewards is a company that operates in the Marketing and Advertising industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does Karrot Rewards Offer Beyond Salary?

A competitive compensation package is more than just a salary. Karrot Rewards 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Karrot Rewards.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Karrot Rewards, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Karrot Rewards salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Karrot Rewards

1. How much does Karrot Rewards in the United States pay?

Karrot Rewards pays its employees an average of $94,025 per year. The average salary at Karrot Rewards range from $82,637 to $106,367 per year. 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 Karrot Rewards employees get a higher salary than its peer company?

The salary at Karrot Rewards is higher than its peer company. The average annual salary at Karrot Rewards is $94,025, or an hourly wage of $45, in comparison to AM Engineering Inc which pays $85,344 per year or $41 per hour.

3. What are the highest paying jobs at Karrot Rewards?

The higher-paying job at Karrot Rewards, according to our data, include Director, Business Development (avg. $176,522 per year), Product Manager (avg. $108,173 per year), and Operational Specialist (avg. $86,686 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Karrot Rewards?

Salary progression with years of experience at Karrot Rewards 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 Karrot Rewards vary by office location?

Yes, it's very likely that salaries at Karrot Rewards 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 Chicago section provides more context.

6. Does Karrot Rewards offer good benefits?

Karrot Rewards 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 Karrot Rewards" section on this page.

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