SUM Innovation Salary

How much does the SUM Innovation Pay for employees?

As of August 2026, the average annual salary for employees at SUM Innovation in the United States is $105,754. This translates to an approximate hourly wage of $51. Salaries at SUM Innovation typically range from $92,946 to $119,647 annually, reflecting the diverse roles and experience levels within the company. SUM Innovation’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 SUM Innovation Pay for Different Roles?

Explore detailed salary information for specific jobs at SUM Innovation. 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 SUM Innovation

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

Is SUM Innovation’s Pay Competitive? Salary Benchmarking Analysis

How does SUM Innovation’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)
SUM Innovation
Business Services
Canyon Medical Billing
Voices For All LLC
Industry Comparison
Our data shows that, on average, compensation at SUM Innovation is below the average for the U.S. Business Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SUM Innovation average annual salary with several similar companies. SUM Innovation average salary of $105,754 is higher than Canyon Medical Billing, which has an average salary of $89,247. It is higher than Voices For All LLC, with their average salary at $89,131. This places SUM Innovation in a competitive position among its peers.
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Employee Reviews: Working at SUM Innovation

Considering a career at SUM Innovation? 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.
Team dynamics are a strong suit. You never feel like just a number. The management team is attentive, and there’s a strong effort to support employee well-being and development. It feels like we are building something special together.
The atmosphere is energetic and collaborative, with leadership that’s transparent and communicative. The company offers a transportation subsidy, which really helps with my daily commute. It feels good to work for a business that is committed to doing the right thing for its clients and employees. I’ve enjoyed the team atmosphere and the way leaders listens. I’ve been given opportunities to lead i...
The culture promotes diversity and inclusion, and performance is regularly recognized. Benefits include generous parental leave, wellness initiatives, and financial support programs. It’s a rewarding environment to build a career. It's the kind of place where you feel respected and valued.

SUM Innovation Overview

Website
www.suminnovation.com
Founded In
2001
Employees
<25 employees
Industry
Business Services
Headquarter Address
40 W 27th St New York City New York NY 10001
Revenue
<$5 Million
Phone Number
+1 6468446746
Social Media
About SUM Innovation
SUM Innovation assesses, designs, implements, and manages accounting solutions for fast-growth startups, international businesses, established businesses, and nonprofits across the U.S. SUM Innovation loves tech solutions and strives to act as a tech advisor for more than 550 clients in 35 industries by using rigorous assessment methods and leveraging its experience.

What Benefits Does SUM Innovation Offer Beyond Salary?

A competitive compensation package is more than just a salary. SUM Innovation 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 SUM Innovation.
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 SUM Innovation, 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 SUM Innovation 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 SUM Innovation

1. What is the typical salary range (low to high) for most roles at SUM Innovation?

The typical annual salary range for most roles at SUM Innovation is approximately from $92,946 to $119,647. 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 SUM Innovation pay compared to Canyon Medical Billing?

The average annual salary at SUM Innovation is $105,754, or an hourly wage of $51, in comparison to Canyon Medical Billing which pays $89,247 per year or $43 per hour.

3. Do salaries differ significantly between departments at SUM Innovation?

Yes, salaries often differ between departments at SUM Innovation due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at SUM Innovation?

Experience level is a significant factor in determining salary at SUM Innovation, 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.

5. How can I determine if a salary offer from SUM Innovation in New York is fair given the local cost of living?

To determine if a salary offer from SUM Innovation in New York is fair, first compare the gross salary to our data for similar roles at SUM Innovation 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.

6. Why might an individual's actual salary at SUM Innovation differ from the ranges shown here?

An individual's actual salary at SUM Innovation can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.