Splendid Bakes by Banks Salary

How much does the Splendid Bakes by Banks Pay for employees?

As of October 2026, the average monthly salary for employees at Splendid Bakes by Banks in the United States is $9,003. This translates to an approximate annual wage of $108,033. Salaries at Splendid Bakes by Banks typically range from $7,915 to $10,187 monthly, reflecting the diverse roles and experience levels within the company. Splendid Bakes by Banks’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 Splendid Bakes by Banks

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Is Splendid Bakes by Banks’s Pay Competitive? Salary Benchmarking Analysis

How does Splendid Bakes by Banks’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)
Splendid Bakes by Banks
Retail & Wholesale
Manresa Bread
Duet Bakery
Industry Comparison
Our data shows that, on average, compensation at Splendid Bakes by Banks is below the average for the U.S. Retail & Wholesale 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 Splendid Bakes by Banks average annual salary with several similar companies. Splendid Bakes by Banks average salary of $108,033 is lower than Manresa Bread, which has an average salary of $120,142. It is lower than Duet Bakery, with their average salary at $112,410. This places Splendid Bakes by Banks in a developing position among its peers.
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Employee Reviews: Working at Splendid Bakes by Banks

Considering a career at Splendid Bakes by Banks? 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.
I’d recommend this company to anyone looking for growth in the industry. The team is professional, and the workload is manageable. Typical corporate structure, decent workload. The retail side is fast-paced but well-supported by management. The hybrid work model (for corporate roles) is a great perk, allowing flexibility.
The company has a strong reputation in the retail and wholesale industry, and it’s clear why—employees are treated well. The job provides a steady routine with fair expectations. The training programs are top-notch, making it easy to succeed. I’ve had a great experience here. The work environment is team-oriented, and employees are recognized for their contributions. I’ve gained valuable skills si...
The company operates efficiently in the wholesale and retail space, with well-defined processes. The company stays competitive in the Retail & Wholesale market by adapting to industry trends, making it an exciting place to work. Benefits like health coverage, retirement plans, and employee discounts are solid perks.

Splendid Bakes by Banks Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
52 Warren St Peabody Massachusetts MA 01960
Revenue
$10 Million - $50 Million
Phone Number
+1 7812668548
Social Media
About Splendid Bakes by Banks
Splendid Bakes by Banks is a company that operates in the Financial Services industry. It employs 21-50 people and has $25M-$50M of revenue. The company is headquartered in Peabody, Massachusetts.

What Benefits Does Splendid Bakes by Banks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Splendid Bakes by Banks 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 Peabody?

Understanding the cost of living near Peabody is key to truly evaluating a salary offer or your current compensation at Splendid Bakes by Banks.
Peabody's Cost of Living Index is approximately 128.3 (28.3% more expensive than US average; 3.2% less than MA average). North Shore city, housing costs above US avg. Limited MBTA bus. When planning your budget based on a salary from Splendid Bakes by Banks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,700+ A significant portion of Splendid Bakes by Banks salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited MBTA bus, car common Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,400 - $5,210+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Splendid Bakes by Banks

1. How much does Splendid Bakes by Banks in the United States pay?

Splendid Bakes by Banks pays its employees an average of $108,033 per year. The average salary at Splendid Bakes by Banks range from $94,980 to $122,244 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 Splendid Bakes by Banks employees get a higher salary than its peer company?

The salary at Splendid Bakes by Banks is lesser than its peer company. The average annual salary at Splendid Bakes by Banks is $108,033, or an hourly wage of $52, in comparison to Manresa Bread which pays $120,142 per year or $58 per hour.

3. How much does salary increase with years of experience at Splendid Bakes by Banks?

Salary progression with years of experience at Splendid Bakes by Banks 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.

4. Do salaries at Splendid Bakes by Banks vary by office location?

Yes, it's very likely that salaries at Splendid Bakes by Banks 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 Peabody section provides more context.

5. Does Splendid Bakes by Banks offer good benefits?

Splendid Bakes by Banks 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 Splendid Bakes by Banks" section on this page.