The New Colony Salary
How much does the The New Colony Pay for employees?
How Much Does The New Colony Pay for Different Roles?
Managing Director
$724,814 / year
Salary Range: $553,905 - $915,915
Executive
Director, Development
$103,198 / year
Salary Range: $83,680 - $131,686
Development and Fundraising Senior Management
Sales
$53,564 / year
Salary Range: $45,945 - $60,717
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Owner and Operator
$50,830 / year
Salary Range: $45,381 - $57,165
Transportation and Logistics
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Current Job Openings at The New Colony
Is The New Colony’s Pay Competitive? Salary Benchmarking Analysis
How The New Colony's Salaries Compare to Similar Companies?
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Employee Reviews: Working at The New Colony
The New Colony Overview
What Benefits Does The New Colony Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Chicago?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of The New Colony 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 The New Colony
1. How much does a The New Colony employee make?
The New Colony pays its employees an average of $93,635 per year. The average salary at The New Colony range from $82,243 to $106,160 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. Which similar company tend to pay more or less than The New Colony?
The salary at The New Colony is higher than the similar company. The average annual salary at The New Colony is $93,635, or an hourly wage of $45, in comparison to Georgia Tech Collegiate Panhellenic Council which pays $87,559 per year or $42 per hour.
3. How much does a Managing Director typically earn at The New Colony?
A Managing Director at The New Colony typically earns an average annual base salary of around $724,814, with a general range of $553,905 to $915,915.
4. Do employees with advanced degrees (Master's, PhD) earn more at The New Colony?
In many roles at The New Colony, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
5. How does the cost of living near Chicago affect the perceived value of a The New Colony salary?
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from The New Colony based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does The New Colony typically offer employees?
The New Colony generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at The New Colony" section on this page.
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