Ocean State Business Development Authority Inc Salary

How much does the Ocean State Business Development Authority Inc Pay for employees?

As of August 2026, the average annual salary for employees at Ocean State Business Development Authority Inc in the United States is $89,774. This translates to an approximate hourly wage of $43. Salaries at Ocean State Business Development Authority Inc typically range from $78,504 to $102,721 annually, reflecting the diverse roles and experience levels within the company. Ocean State Business Development Authority 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 Ocean State Business Development Authority Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Ocean State Business Development Authority 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 Ocean State Business Development Authority Inc

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

Is Ocean State Business Development Authority Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Ocean State Business Development Authority Inc’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
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Average Salary ($/year)
Ocean State Business Development Authority Inc
Edu., Gov't. & Nonprofit
Hales Corners Elementary School
JerseyCAN
Industry Comparison
Our data shows that, on average, compensation at Ocean State Business Development Authority Inc is below the average for the U.S. Edu., Gov't. & Nonprofit 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 Ocean State Business Development Authority Inc average annual salary with several similar companies. Ocean State Business Development Authority Inc average salary of $89,774 is higher than Hales Corners Elementary School, which has an average salary of $85,259. It is lower than JerseyCAN, with their average salary at $94,953. This places Ocean State Business Development Authority Inc in a mid-range position among its peers.
See Your True Competitors
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.

Employee Reviews: Working at Ocean State Business Development Authority Inc

Considering a career at Ocean State Business Development Authority 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.
Employee voice is valued in policy decisions. Feedback is constructive and promotes growth. Professional growth is encouraged through extensive training and mentorship opportunities. It’s clear they value accountability, communication, and long-term results. Flexible schedules and wellness programs support a balanced work-life experience.
The leadership team is transparent and truly dedicated to serving the public. Facilities are modern and well-equipped. Projects are well-structured, with plenty of cross-department collaboration.
Workload is manageable but occasionally unevenly distributed across teams. I've witnessed colleagues grow into leadership positions, and the structured professional development programs are a testament to their investment in staff. Staff voices are heard, and the work itself is rewarding.

Ocean State Business Development Authority Inc Overview

Website
www.osbda.com
Founded In
1981
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
300 Jefferson Blvd Warwick Rhode Island RI 02888
Revenue
<$5 Million
Phone Number
+1 4012911504
Social Media
About Ocean State Business Development Authority Inc
Founded in 1981 by Henry "Bud" Violet, OSBDA assists small businesses to acquire low fixed-rate SBA 504 loans. The rate is fixed for 20 years which makes the 504 loan/structure a very powerful tool to help businesses grow. OSBDA is licensed and regulated by the U.S. Small Business Administration to make 504 loans in all of Rhode Island, and certain counties in Connecticut and Massachusetts. OSBDA

What Benefits Does Ocean State Business Development Authority Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ocean State Business Development Authority 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 Warwick?

Understanding the cost of living near Warwick is key to truly evaluating a salary offer or your current compensation at Ocean State Business Development Authority Inc.
Warwick's Cost of Living Index is approximately 106.3 (6.3% more expensive than US average; 2.0% less than RI average). Providence suburb, T.F. Green Airport, housing near US avg. RIPTA bus, Commuter Rail. When planning your budget based on a salary from Ocean State Business Development Authority Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Ocean State Business Development Authority Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (RIPTA monthly 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 $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,840 - $4,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ocean State Business Development Authority Inc

1. What is the typical salary range (low to high) for most roles at Ocean State Business Development Authority Inc?

The typical annual salary range for most roles at Ocean State Business Development Authority Inc is approximately from $78,504 to $102,721. 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 Ocean State Business Development Authority Inc pay compared to Hales Corners Elementary School?

The average annual salary at Ocean State Business Development Authority Inc is $89,774, or an hourly wage of $43, in comparison to Hales Corners Elementary School which pays $85,259 per year or $41 per hour.

3. How does experience level affect salary at Ocean State Business Development Authority Inc?

Experience level is a significant factor in determining salary at Ocean State Business Development Authority Inc, 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 Ocean State Business Development Authority Inc in Warwick is fair given the local cost of living?

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

5. What factors influence salary increases at Ocean State Business Development Authority Inc?

Salary increases at Ocean State Business Development Authority Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.