Padco Financial Services Inc Salary

How much does the Padco Financial Services Inc Pay for employees?

As of August 2026, the average annual salary for employees at Padco Financial Services Inc in the United States is $91,040. This translates to an approximate hourly wage of $44. Salaries at Padco Financial Services Inc typically range from $79,851 to $103,160 annually, reflecting the diverse roles and experience levels within the company. Padco Financial Services 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.
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Current Job Openings at Padco Financial Services Inc

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Is Padco Financial Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Padco Financial Services 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)
Padco Financial Services Inc
Financial Services
Loop Finance
Rainey & Randall Investment Management Inc
Industry Comparison
Our data shows that, on average, compensation at Padco Financial Services Inc is below the average for the U.S. Financial Services industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Padco Financial Services Inc average annual salary with several similar companies. Padco Financial Services Inc average salary of $91,040 is lower than Loop Finance, which has an average salary of $100,090. It is higher than Rainey & Randall Investment Management Inc, with their average salary at $84,806. This places Padco Financial Services Inc in a mid-range position among its peers.
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Employee Reviews: Working at Padco Financial Services Inc

Considering a career at Padco Financial Services 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.
Salaries are above market rate, with substantial performance bonuses and profit sharing. Teamwork is key, and everyone contributes. Regular training programs keep skills up to date. Work-life balance initiatives, like flexible scheduling, demonstrate understanding of employees' needs. Knowing that we are all striving for excellence makes the team cohesive and focused.
This provides job security and confidence in our future success. Office amenities contribute to daily satisfaction. Workloads can be high during busy periods, leading to occasional stress, despite fair compensation. I'm constantly learning new things and developing my skills in the financial services sector. Employees understand how their role contributes. The office is well-equipped, and schedule...
Processes could benefit from periodic reevaluation and simplification. I appreciate the focus on continuous improvement. This financial firm stays ahead of the curve with state-of-the-art technology. Performance feedback is constructive and frequent.

Padco Financial Services Inc Overview

Website
www.padcofinancial.com
Founded In
1999
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1328 Main St Crete Illinois IL 60417
Revenue
$5 Million - $10 Million
Phone Number
+1 8003475884
Social Media
About Padco Financial Services Inc
We service small business in the big city, small town and agricultural communities In 1963, David H. Padden founded a small municipal bond investment banking firm in the financial district of downtown Chicago. Padden and Company grew over the years as the family-owned business began to include municipal leases, followed by commercial leases, and ultimately a mix of all types of equipment financing

What Benefits Does Padco Financial Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Padco Financial Services 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Padco Financial Services Inc.
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 Padco Financial Services Inc, 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 Padco Financial Services Inc 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 Padco Financial Services Inc

1. What is the typical salary range (low to high) for most roles at Padco Financial Services Inc?

The typical annual salary range for most roles at Padco Financial Services Inc is approximately from $79,851 to $103,160. 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 Padco Financial Services Inc pay compared to Loop Finance?

The average annual salary at Padco Financial Services Inc is $91,040, or an hourly wage of $44, in comparison to Loop Finance which pays $100,090 per year or $48 per hour.

3. How does experience level affect salary at Padco Financial Services Inc?

Experience level is a significant factor in determining salary at Padco Financial Services 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 Padco Financial Services Inc in Chicago is fair given the local cost of living?

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

5. What factors influence salary increases at Padco Financial Services Inc?

Salary increases at Padco Financial Services 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.