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Parallel Payments Inc Salary

Parallel Payments Inc Salary

How much does the Parallel Payments Inc Pay for employees?

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As of August 2026, the average weekly salary for employees at Parallel Payments Inc in the United States is $1,818. This translates to an approximate annual wage of $94,521. Salaries at Parallel Payments Inc typically range from $1,594 to $2,060 weekly, reflecting the diverse roles and experience levels within the company. Parallel Payments 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 Parallel Payments Inc Pay for Different Roles?

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

Current Job Openings at Parallel Payments Inc

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

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

How does Parallel Payments 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)
Parallel Payments Inc
Financial Services
UCG Processing LLC
Ha Federal Funding I Trust C/o Bny Mellon Trust of Delaware, as Owner Trustee
Industry Comparison
Our data shows that, on average, compensation at Parallel Payments Inc is below the average for the U.S. Financial 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 Parallel Payments Inc average annual salary with several similar companies. Parallel Payments Inc average salary of $94,521 is higher than UCG Processing LLC, which has an average salary of $86,145. It is lower than Ha Federal Funding I Trust C/o Bny Mellon Trust of Delaware, as Owner Trustee, with their average salary at $98,233. This places Parallel Payments Inc in a mid-range 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 Parallel Payments Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Parallel Payments Inc

Considering a career at Parallel Payments 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.
Social connections develop naturally. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose. Professional development is a priority, offering everything from workshops to global rotations. The daily routine rarely changes, and new ideas take time to implement.
Commented in May 16, 2025
36
1
Enjoyable culture and great benefits. This autonomy fosters responsibility and a sense of ownership over my work. Great mentorship and professional development. Reliable technology stacks make our jobs easier. I've never felt siloed - everyone shares knowledge willingly. Agendas are distributed in advance.
Commented in January 11, 2025
36
3
Leaders are approachable, team members are collaborative, and the organization values high standards and continuous improvement. The pride employees take in their work is evident, making this a fulfilling place to build a career in finance. The culture is supportive, and managers genuinely care about employee well-being. We’re trusted to manage our time, and the flexibility helps balance personal ...
Commented in January 17, 2024
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Parallel Payments Inc Overview

Website
www.parallelpayments.com
Founded In
2014
Employees
<25 employees
Industry
Financial Services
Headquarter Address
300 Delaware Ave Wilmington Delaware DE 19801
Revenue
<$5 Million
Phone Number
+1 3028247073
Social Media
About Parallel Payments Inc
Parallel Payments provides a dedicated team to assist you in building your shop systems. We can work with you to create any kind of shop system that you require.

What Benefits Does Parallel Payments Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel Payments 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 Payments 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 Payments 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 Payments 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 Payments Inc

1. What is the average salary for employees at Parallel Payments Inc?

The average annual total compensation for employees at Parallel Payments Inc is approximately $94,521. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,902 to $107,099, depending on factors like job role, experience, and location.

2. How much does Parallel Payments Inc pay compared to UCG Processing LLC?

The average annual salary at Parallel Payments Inc is $94,521, or an hourly wage of $45, in comparison to UCG Processing LLC which pays $86,145 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at Parallel Payments Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Parallel Payments Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Parallel Payments Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Wilmington?

While some companies offer formal COLA, many, including potentially Parallel Payments Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Parallel Payments Inc?

Most companies, likely including Parallel Payments Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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