Parallel Solutions Inc Salary

Parallel Solutions Inc Salary

How much does the Parallel Solutions Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Parallel Solutions Inc in the United States is $92,379. This translates to an approximate hourly wage of $44. Salaries at Parallel Solutions Inc typically range from $81,381 to $104,246 annually, reflecting the diverse roles and experience levels within the company. Parallel Solutions 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 Solutions Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Parallel Solutions 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 Parallel Solutions Inc

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

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

How does Parallel Solutions 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
120k
100k
80k
60k
40k
20k
0
Average Salary ($/year)
Parallel Solutions Inc
Construction
AJM Framers Inc
Everlasting Fence Co
Industry Comparison
Our data shows that, on average, compensation at Parallel Solutions Inc is below the average for the U.S. Construction industry by approximately 23%. 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 Solutions Inc average annual salary with several similar companies. Parallel Solutions Inc average salary of $92,379 is higher than AJM Framers Inc, which has an average salary of $88,266. It is lower than Everlasting Fence Co, with their average salary at $95,227. This places Parallel Solutions 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.

How Parallel Solutions 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 Solutions Inc. Click a company name to learn more.

Employee Reviews: Working at Parallel Solutions Inc

Considering a career at Parallel Solutions 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.
Work-life balance is supported, and employee contributions are regularly recognized. I feel empowered, supported, and proud to be part of a team that consistently delivers excellence and innovation. Great for hands-on individuals looking for career stability and advancement. High performance is rewarded and appreciated.
Commented in May 18, 2025
13
1
This ethical foundation builds trust with clients and colleagues alike, making me proud to be associated with this particular construction firm and its values. I’ve worked in construction for years, and this is one of the better companies I’ve been with. Consistent investment in technology and training. Flexible scheduling options help me maintain a healthy work-life balance, which is rare in the ...
Commented in December 08, 2024
9
1
Compensation is fair, especially with overtime. Consistent work throughout the year. The leadership here is practical and approachable.
Commented in March 08, 2024
39
2

Parallel Solutions Inc Overview

Website
www.parallel-solutions.com
Founded In
2010
Employees
<25 employees
Industry
Construction
Headquarter Address
1251 N Plum Grove Rd Schaumburg Illinois IL 60173
Revenue
$5 Million - $10 Million
Phone Number
+1 2243536801
Social Media
About Parallel Solutions Inc
About Parallel Solutions: One of the leading manufacturers representative group in the Midwest serving the telecommunications, Data Centers and Security Access Control Markets. Our objective is building an unmatched total service and solutions provider for customers throughout the Midwest. As a manufacture representative organization in a competitive market, Parallel Solutions goal will be to add

What Benefits Does Parallel Solutions Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel Solutions 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 Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Parallel Solutions Inc.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Parallel Solutions 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 Parallel Solutions Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parallel Solutions Inc

1. What is the typical salary range (low to high) for most roles at Parallel Solutions Inc?

The typical annual salary range for most roles at Parallel Solutions Inc is approximately from $81,381 to $104,246. 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 Parallel Solutions Inc pay compared to AJM Framers Inc?

The average annual salary at Parallel Solutions Inc is $92,379, or an hourly wage of $44, in comparison to AJM Framers Inc which pays $88,266 per year or $42 per hour.

3. Do salaries differ significantly between departments at Parallel Solutions Inc?

Yes, salaries often differ between departments at Parallel Solutions Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Parallel Solutions Inc?

Experience level is a significant factor in determining salary at Parallel Solutions 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.

5. How can I determine if a salary offer from Parallel Solutions Inc in Schaumburg is fair given the local cost of living?

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

6. What factors influence salary increases at Parallel Solutions Inc?

Salary increases at Parallel Solutions 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.

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