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Preferred Merchant Services LLC Salary

Preferred Merchant Services LLC Salary

How much does the Preferred Merchant Services LLC Pay for employees?

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As of August 2026, the average weekly salary for employees at Preferred Merchant Services LLC in the United States is $2,047. This translates to an approximate annual wage of $106,419. Salaries at Preferred Merchant Services LLC typically range from $1,795 to $2,319 weekly, reflecting the diverse roles and experience levels within the company. Preferred Merchant Services 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 Preferred Merchant Services LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Merchant Services 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.
How accurate does the salary look to you?

Current Job Openings at Preferred Merchant Services LLC

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

Is Preferred Merchant Services LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Merchant Services 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
180k
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Average Salary ($/year)
Preferred Merchant Services LLC
Financial Services
Lighthouse Financial Corp
Leatherstocking Credit Union
Industry Comparison
Our data shows that, on average, compensation at Preferred Merchant Services LLC is below the average for the U.S. Financial Services industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Preferred Merchant Services LLC average annual salary with several similar companies. Preferred Merchant Services LLC average salary of $106,419 is higher than Lighthouse Financial Corp, which has an average salary of $83,698. It is higher than Leatherstocking Credit Union, with their average salary at $84,458. This places Preferred Merchant Services LLC in a competitive 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 Preferred Merchant Services LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Merchant Services LLC

Considering a career at Preferred Merchant Services 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 fosters a culture of continuous learning through access to industry certifications and workshops. I appreciate the focus on continuous learning through training programs and certifications. Diverse talent and positive culture. Buddies provide peer support beyond HR training. There’s a genuine effort to match people’s roles with their long-term strengths and interests.
Commented in April 06, 2025
43
3
Career development is prioritized at all levels, with many leaders having grown internally. Organization is large and well-run. However, that means less flexibility in how work is completed. Dual monitors are standard. The workday is orderly, and deliverables are well scoped.
Commented in March 15, 2025
25
2
I am impressed with the company’s dedication to diversity and inclusion, creating a respectful and supportive workplace. The collaborative culture is a significant strength. It's a great place to learn from experienced professionals in the financial field. Communication is clear but sometimes delayed, affecting collaboration. The company's commitment extends beyond the workplace through community ...
Commented in March 11, 2025
32
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Preferred Merchant Services LLC Overview

Website
www.preferredmerchantservices.net
Founded In
2010
Employees
<25 employees
Industry
Financial Services
Headquarter Address
79 Madison Ave New York City New York NY 10016
Revenue
<$5 Million
Phone Number
+1 8777672500
Social Media
About Preferred Merchant Services LLC
Here at Preferred Merchant Services, payment processing is made simple! Preferred Merchant Services provides flexible credit and debit card payment processing platforms that help shape the infrastructure of your business. We are comprised of industry professionals, experienced in dealing with merchant accounts and credit card processing. At Preferred, our mission is to make your experience with pa

What Benefits Does Preferred Merchant Services LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Merchant Services 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Preferred Merchant Services LLC.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Preferred Merchant Services LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Preferred Merchant Services LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Merchant Services LLC

1. What is the typical salary range (low to high) for most roles at Preferred Merchant Services LLC?

The typical annual salary range for most roles at Preferred Merchant Services LLC is approximately from $93,349 to $120,598. 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 Preferred Merchant Services LLC pay compared to Lighthouse Financial Corp?

The average annual salary at Preferred Merchant Services LLC is $106,419, or an hourly wage of $51, in comparison to Lighthouse Financial Corp which pays $83,698 per year or $40 per hour.

3. How does experience level affect salary at Preferred Merchant Services LLC?

Experience level is a significant factor in determining salary at Preferred Merchant Services LLC, 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 Preferred Merchant Services LLC in New York is fair given the local cost of living?

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

5. What factors influence salary increases at Preferred Merchant Services LLC?

Salary increases at Preferred Merchant Services LLC 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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