Parallel Machines Inc Salary

Parallel Machines Inc Salary

How much does the Parallel Machines Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Parallel Machines Inc in the United States is $46. This translates to an approximate annual wage of $95,765. Salaries at Parallel Machines Inc typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. Parallel Machines 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 Parallel Machines Inc

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Is Parallel Machines Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Parallel Machines Inc’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)
Parallel Machines Inc
Business Services
Dfmm&c
B & T Asset Management Services LLC
Industry Comparison
Our data shows that, on average, compensation at Parallel Machines Inc is below the average for the U.S. Business Services industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Parallel Machines Inc average annual salary with several similar companies. Parallel Machines Inc average salary of $95,765 is higher than Dfmm&c, which has an average salary of $79,469. It is higher than B & T Asset Management Services LLC, with their average salary at $83,973. This places Parallel Machines Inc in a competitive position among its peers.
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Companies Similar to Parallel Machines Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Parallel Machines Inc

Considering a career at Parallel Machines 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.
From holiday parties to casual Friday get-togethers, there's always something to look forward to. The company offers meaningful work. These are benefits you hope you never need, but are so important to have. Our team leader is fantastic at empowering us.
Commented in February 07, 2025
16
3
Management is great at acknowledging individual and team contributions. The company offers freedom to innovate. Our team consistently exceeds expectations and delivers value. Leadership is fine, but communication could be improve. Great client exposure and experience. Collaboration across departments is encouraged, making projects enjoyable and productive. The work is consistent, and the people ar...
Commented in November 14, 2024
34
2
Training is offered, but often generalized. There's a healthy mix of routine and challenge. What stands out is how the company culture embraces new employees - colleagues at all levels make time to welcome you and answer questions.
Commented in July 20, 2024
49
3
Employees are encouraged to think creatively and take ownership of their work. I’ve had several opportunities to upskill and take on new responsibilities. Cross-functional collaboration is encouraged, and communication flows well across departments. I appreciate the transparency from leadership. Better for one-off projects than ongoing partnership.
Commented in January 09, 2024
8
3

Parallel Machines Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
1313 N Market St Wilmington Delaware DE 19801
Revenue
<$5 Million
Phone Number
-
Social Media
About Parallel Machines Inc
Parallel Machines Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Wilmington, Delaware.

What Benefits Does Parallel Machines Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel Machines 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 Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Parallel Machines Inc.
Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Parallel Machines Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Parallel Machines Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,550 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parallel Machines Inc

1. How much does a Parallel Machines Inc employee make?

Parallel Machines Inc pays its employees an average of $46 per hour. The average salary at Parallel Machines Inc range from $40 to $52 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. Which similar company tend to pay more or less than Parallel Machines Inc?

The salary at Parallel Machines Inc is higher than the similar company. The average annual salary at Parallel Machines Inc is $95,765, or an hourly wage of $46, in comparison to Dfmm&c which pays $79,469 per year or $38 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Parallel Machines Inc?

In many roles at Parallel Machines Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Wilmington affect the perceived value of a Parallel Machines Inc salary?

Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). This significantly impacts the purchasing power of a salary from Parallel Machines Inc based there. Our "Cost of Living Insights for Wilmington" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Parallel Machines Inc typically offer employees?

Parallel Machines Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Parallel Machines Inc" section on this page.

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