Spencer Foundation Salary

Spencer Foundation Salary

How much does the Spencer Foundation Pay for employees?

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As of August 2026, the average annual salary for employees at Spencer Foundation in the United States is $94,373. This translates to an approximate hourly wage of $45. Salaries at Spencer Foundation typically range from $82,783 to $106,941 annually, reflecting the diverse roles and experience levels within the company. Spencer Foundation’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 Spencer Foundation Pay for Different Roles?

Explore detailed salary information for specific jobs at Spencer Foundation. 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 Spencer Foundation

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

Is Spencer Foundation’s Pay Competitive? Salary Benchmarking Analysis

How does Spencer Foundation’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)
Spencer Foundation
Financial Services
Deezers Inc
South Exchange Money Transfer
Industry Comparison
Our data shows that, on average, compensation at Spencer Foundation is below the average for the U.S. Financial Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Spencer Foundation average annual salary with several similar companies. Spencer Foundation average salary of $94,373 is higher than Deezers Inc, which has an average salary of $91,114. It is higher than South Exchange Money Transfer, with their average salary at $86,325. This places Spencer Foundation in a competitive position among its peers.
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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 Spencer Foundation's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Spencer Foundation

Considering a career at Spencer Foundation? 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.
Challenges are met with solution-focused thinking rather than blame. A fine place to begin a career. The team dynamic is amazing. I’ve worked here for several years, and the culture has remained strong. A great workplace for professionals looking to grow.
Commented in February 03, 2025
31
3
The focus on clients and ethics makes me proud to work here. The company culture values diversity and inclusion, creating a welcoming workplace. The company’s commitment to social responsibility extends beyond the workplace, with initiatives supporting underrepresented communities. Managers invest in talent and mentor staff effectively. The company offers strong professional development and compet...
Commented in August 13, 2024
17
2
The leadership team genuinely supports professional development, and there’s a strong sense of collaboration across departments. There are ample opportunities for career advancement, supported by comprehensive training and mentorship programs. Ethical investing principles guide decisions.
Commented in May 27, 2024
19
3

Spencer Foundation Overview

Website
www.spencer.org
Founded In
1962
Employees
<25 employees
Industry
Financial Services
Headquarter Address
625 N Michigan Ave Chicago Illinois IL 60611
Revenue
<$5 Million
Phone Number
+1 3123377000
Social Media
About Spencer Foundation
About the Spencer Foundation The Spencer Foundation was established by Lyle M. Spencer. Since 1971, the Foundation has made grants totaling approximately $500 million. The Foundation is intended, by Spencer's direction, to investigate ways in which education, broadly conceived, can be improved around the world. From the first, the Foundation has been dedicated to the belief that research is necess

What Benefits Does Spencer Foundation Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spencer Foundation 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Spencer Foundation.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Spencer Foundation, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Spencer Foundation salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spencer Foundation

1. What is the average salary for employees at Spencer Foundation?

The average annual total compensation for employees at Spencer Foundation is approximately $94,373. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,783 to $106,941, depending on factors like job role, experience, and location.

2. How much does Spencer Foundation pay compared to Deezers Inc?

The average annual salary at Spencer Foundation is $94,373, or an hourly wage of $45, in comparison to Deezers Inc which pays $91,114 per year or $44 per hour.

3. What is the lowest salary at Spencer Foundation?

The lowest-paying job at Spencer Foundation is a Program Administrator with a salary of $56,056 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Spencer Foundation?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Spencer Foundation for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Spencer Foundation offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Spencer Foundation, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Spencer Foundation?

Most companies, likely including Spencer Foundation, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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