Sovamer Trading Company Inc Salary

How much does the Sovamer Trading Company Inc Pay for employees?

As of October 2026, the average annual salary for employees at Sovamer Trading Company Inc in the United States is $114,034. This translates to an approximate hourly wage of $55. Salaries at Sovamer Trading Company Inc typically range from $100,258 to $129,024 annually, reflecting the diverse roles and experience levels within the company. Sovamer Trading Company 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.
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Current Job Openings at Sovamer Trading Company Inc

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Is Sovamer Trading Company Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Sovamer Trading Company 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)
Sovamer Trading Company Inc
Retail & Wholesale
Rizwan Trading Company Inc
smy trading company Inc
Industry Comparison
Our data shows that, on average, compensation at Sovamer Trading Company Inc is below the average for the U.S. Retail & Wholesale industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Sovamer Trading Company Inc average annual salary with several similar companies. Sovamer Trading Company Inc average salary of $114,034 is higher than Rizwan Trading Company Inc, which has an average salary of $94,394. It is higher than smy trading company Inc, with their average salary at $107,938. This places Sovamer Trading Company Inc in a competitive position among its peers.
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Employee Reviews: Working at Sovamer Trading Company Inc

Considering a career at Sovamer Trading Company 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.
My time here has been generally satisfactory. Coworkers are easy to work with, and management is responsive. I’ve been here for years and still enjoy coming to work every day. The work-life balance is good, and there are opportunities for growth.
The pay is fair, and the company often recognizes hard work. Compensation is competitive, with bonuses tied to performance. There’s room for moderate career growth if you take initiative.
My time at this company has been uneventful in a good way. There are regular team-building activities that boost morale. The company also invests in employee wellness initiatives, which I appreciate. Training programs are effective, and career progression is possible.
There are occasional training sessions to help with skill development. Friendly coworkers and positive environment. I’m proud to be part of this organization. Company invests in employee development. The team is dependable, and management is fair. The team is supportive, and management recognizes hard work. Leadership is approachable.
I enjoy working here because of the people and the positive culture. I enjoy the fast-paced yet rewarding environment. The training programs are excellent, and advancement opportunities are clear. The retail sector is fast-moving, but the company provides clear guidance and support. The company truly values its employees.

Sovamer Trading Company Inc Overview

Website
Data pending, update soon.
Founded In
1991
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
630 3rd Ave New York City New York NY 10017
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Sovamer Trading Company Inc
Sovamer Trading Company Inc is a company that operates in the Import and Export industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in New York City, New York.

What Benefits Does Sovamer Trading Company Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sovamer Trading Company 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Sovamer Trading Company Inc.
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 Sovamer Trading Company Inc, 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 Sovamer Trading Company Inc 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 Sovamer Trading Company Inc

1. What is the typical salary range (low to high) for most roles at Sovamer Trading Company Inc?

The typical annual salary range for most roles at Sovamer Trading Company Inc is approximately from $100,258 to $129,024. 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 Sovamer Trading Company Inc pay compared to Rizwan Trading Company Inc?

The average annual salary at Sovamer Trading Company Inc is $114,034, or an hourly wage of $55, in comparison to Rizwan Trading Company Inc which pays $94,394 per year or $45 per hour.

3. How does experience level affect salary at Sovamer Trading Company Inc?

Experience level is a significant factor in determining salary at Sovamer Trading Company 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.

4. How can I determine if a salary offer from Sovamer Trading Company Inc in New York is fair given the local cost of living?

To determine if a salary offer from Sovamer Trading Company Inc in New York is fair, first compare the gross salary to our data for similar roles at Sovamer Trading Company Inc 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 Sovamer Trading Company Inc?

Salary increases at Sovamer Trading Company 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.