Schroth & Lorenson Salary

How much does the Schroth & Lorenson Pay for employees?

As of August 2026, the average annual salary for employees at Schroth & Lorenson in the United States is $103,043. This translates to an approximate hourly wage of $50. Salaries at Schroth & Lorenson typically range from $90,618 to $116,513 annually, reflecting the diverse roles and experience levels within the company. Schroth & Lorenson’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 Schroth & Lorenson

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Is Schroth & Lorenson’s Pay Competitive? Salary Benchmarking Analysis

How does Schroth & Lorenson’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)
Schroth & Lorenson
Retail & Wholesale
Mk Collection Inc
Eli Halili
Industry Comparison
Our data shows that, on average, compensation at Schroth & Lorenson is below the average for the U.S. Retail & Wholesale industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Schroth & Lorenson average annual salary with several similar companies. Schroth & Lorenson average salary of $103,043 is higher than Mk Collection Inc, which has an average salary of $100,870. It is lower than Eli Halili, with their average salary at $107,442. This places Schroth & Lorenson 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.

Employee Reviews: Working at Schroth & Lorenson

Considering a career at Schroth & Lorenson? 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 benefits are above average, and there’s a strong emphasis on teamwork. Highly recommend joining this organization. The work culture is inclusive, and leadership is transparent. The company has consistent work hours. The retail environment is clean, and schedules are consistent.
Benefits like employee discounts are a nice perk. Colleagues are professional, and management keeps employees informed. Processes are well-organized. My experience at this company has been decent. Coworkers are collaborative, making it a pleasant workplace. The Retail & Wholesale industry is fast-moving, but this company ensures employees are supported. Satisfied with career growth here.
The team is professional, though not overly social. Management is approachable and values employee input. The company fosters a positive and inclusive workplace. Benefits meet industry standards, and the pay is decent.

Schroth & Lorenson Overview

Website
www.schrothlorenson.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
446 Springfield Ave Summit New Jersey NJ 07901
Revenue
<$5 Million
Phone Number
+1 9082731676
Social Media
About Schroth & Lorenson
Discover the exquisite world of jewelry at Schroth & Lorenson Jewelers in Summit, NJ. Explore our extensive collection, wide variety of jewelry from diamond rings to fashion jewelry and Estate jewelry. Find the perfect wedding gifts, frames, engravable gifts, and jewelry boxes. Shop the finest selection of jewelry today!

What Benefits Does Schroth & Lorenson Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schroth & Lorenson 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Schroth & Lorenson.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Schroth & Lorenson, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Schroth & Lorenson salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schroth & Lorenson

1. What is the typical salary range (low to high) for most roles at Schroth & Lorenson?

The typical annual salary range for most roles at Schroth & Lorenson is approximately from $90,618 to $116,513. 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 Schroth & Lorenson pay compared to Mk Collection Inc?

The average annual salary at Schroth & Lorenson is $103,043, or an hourly wage of $50, in comparison to Mk Collection Inc which pays $100,870 per year or $48 per hour.

3. How does experience level affect salary at Schroth & Lorenson?

Experience level is a significant factor in determining salary at Schroth & Lorenson, 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 Schroth & Lorenson in Jersey City is fair given the local cost of living?

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

5. Are the salaries listed for Schroth & Lorenson on Salary.com pre-tax or after-tax?

All salary figures displayed for Schroth & Lorenson, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.