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Pennyweights LLC Salary

Pennyweights LLC Salary

How much does the Pennyweights LLC Pay for employees?

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As of August 2026, the average annual salary for employees at Pennyweights LLC in the United States is $102,231. This translates to an approximate hourly wage of $49. Salaries at Pennyweights LLC typically range from $89,903 to $115,598 annually, reflecting the diverse roles and experience levels within the company. Pennyweights LLC’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 Pennyweights LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Pennyweights LLC. 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 Pennyweights LLC

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

Is Pennyweights LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Pennyweights LLC’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)
Pennyweights LLC
Retail & Wholesale
Factory Direct Jewelry
Nexus Trading Inc
Industry Comparison
Our data shows that, on average, compensation at Pennyweights LLC is below the average for the U.S. Retail & Wholesale industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Pennyweights LLC average annual salary with several similar companies. Pennyweights LLC average salary of $102,231 is higher than Factory Direct Jewelry, which has an average salary of $101,493. It is higher than Nexus Trading Inc, with their average salary at $86,578. This places Pennyweights LLC in a competitive position among its peers.
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How Pennyweights LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Pennyweights LLC

Considering a career at Pennyweights LLC? 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.
The company also supports continuing education, which is a huge plus. The workload is manageable, and managers are understanding. The pay is on par with industry standards. The team is professional, and management is responsive. Great workplace culture. The company also offers good incentives.
Commented in March 10, 2025
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Flexible hours and good benefits. Compensation is fair, and performance-based bonuses add extra incentive. It’s a good place for those who prefer a low-drama, stable work environment. The workload is balanced, and colleagues are cooperative. The team is professional, though interactions are mostly task-focused rather than social.
Commented in February 27, 2025
29
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The Retail & Wholesale environment is fast, but the teamwork here is exceptional. The company offers good pay, solid benefits, and opportunities for growth. The retail staff is friendly, and leadership is proactive. The team is dependable, and management is fair.
Commented in November 15, 2024
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Pennyweights LLC Overview

Website
www.pennyweights.com
Founded In
1980
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
124 Elm St New Canaan Connecticut CT 06840
Revenue
<$5 Million
Phone Number
+1 2039667739
Social Media
About Pennyweights LLC
Pennyweights was founded in 1980 in the small town of New Canaan Connecticut as a one stop shop for affordable and unique sterling silver jewelry. Since then the store has become a staple for Fairfield County as one of the few places to find real sterling silver jewelry at reasonable prices. Locally family owned and operated, Geoff and Kelly Sigg custom design hundreds of pieces in the store makin

What Benefits Does Pennyweights LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pennyweights LLC 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 Bridgeport?

Understanding the cost of living near Bridgeport is key to truly evaluating a salary offer or your current compensation at Pennyweights LLC.
Bridgeport's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 1.9% more than CT average). Largest CT city, more affordable housing than Fairfield County, but overall costs above US avg. GBT bus, Metro-North. When planning your budget based on a salary from Pennyweights LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Pennyweights LLC salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 (High heating/electric) Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (GBT 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,723 - $4,223+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pennyweights LLC

1. How much does Pennyweights LLC in the United States pay?

Pennyweights LLC pays its employees an average of $102,231 per year. The average salary at Pennyweights LLC range from $89,903 to $115,598 per year. 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. Do Pennyweights LLC employees get a higher salary than its peer company?

The salary at Pennyweights LLC is higher than its peer company. The average annual salary at Pennyweights LLC is $102,231, or an hourly wage of $49, in comparison to Factory Direct Jewelry which pays $101,493 per year or $49 per hour.

3. What are the highest paying jobs at Pennyweights LLC?

The higher-paying job at Pennyweights LLC, according to our data, include President (avg. $791,359 per year), Manager (avg. $112,076 per year), and Sales Associate (avg. $95,703 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Pennyweights LLC?

Salary progression with years of experience at Pennyweights LLC is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Pennyweights LLC vary by office location?

Yes, it's very likely that salaries at Pennyweights LLC vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Bridgeport section provides more context.

6. Does Pennyweights LLC offer good benefits?

Pennyweights LLC typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Pennyweights LLC" section on this page.

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