Tower Loan Salary

Tower Loan Salary

How Much Does Tower Loan Pay for employees?

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As of August 2026, the average hourly salary for employees at Tower Loan in the United States is $41. This translates to an approximate annual wage of $86,104. Salaries at Tower Loan typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company. Tower Loan’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 Tower Loan Pay for Different Roles?

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.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Tower Loan.
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About Tower Loan: Company Profile

Website
www.towerloan.com
Founded In
1936
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Location
COVINGTON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About TOWER LOAN
1936'Tower Loan opens and experiences prosperity and growth. The consumer finance industry was in its infancy. 1945'After World War II, Tower sold its offices to various employees within the company. The Jackson, Mississippi, South State Street Office of the original Tower group was purchased by Ed and Kate Clark. Under the ownership of the Clarks, Tower Loan brokers grew from a single office to 1

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Tower Loan's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The inclusive culture ensures everyone has a voice, and I’ve always felt respected and valued. Leadership actively promotes equity through hiring practices, ERGs, and unconscious bias training. Team members are helpful and hardworking. It’s a place where relationships matter, and that makes coming to work enjoyable every day. Compensation is competitive, and bonuses reflect both individual and com...
Commented in April 14, 2025
46
1
Decisions happen without bureaucracy. Knowledge transfer is prioritized before retirements. Leaders explain the why behind shifts. My experience here has been stable. The company is agile and adapts well to market changes. Integration between systems works smoothly.
Commented in October 14, 2024
9
1
It’s not the most exciting workplace, but dependable and routine for those who want professional stability and limited surprises. Schedules are predictable, and responsibilities are well-structured. I appreciate how leadership values input from all levels.
Commented in February 01, 2024
34
3

How Tower Loan's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Tower Loan’s pay competitiveness. Click on a company for a deeper dive.

Is Tower Loan’s Pay Competitive? Salary Benchmarking Analysis

How does Tower Loan’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Tower Loan
Financial Services
FARM CREDIT OF SOUTHWEST FLORIDA ACA
FINANCIALPLANNINGAUGUSTA
Industry Comparison
Our data shows that, on average, compensation at Tower Loan is below the average for the U.S. Financial Services industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Tower Loan average annual salary with several similar companies. Tower Loan average salary of $86,104 is higher than FARM CREDIT OF SOUTHWEST FLORIDA ACA, which has an average salary of $83,944. It is higher than FINANCIALPLANNINGAUGUSTA, with their average salary at $82,580. This places Tower Loan in a competitive position among its peers.
See Your True Competitors
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.

What Is the Cost of Living Near New Orleans?

Understanding the cost of living near New Orleans is key to truly evaluating a salary offer or your current compensation at Tower Loan.
New Orleans' Cost of Living Index is approximately 96.4 (3.6% less expensive than US average; 3.7% more than LA average). Unique culture, tourism, housing varies greatly by neighborhood, can be high in desirable areas. RTA streetcar/bus. When planning your budget based on a salary from Tower Loan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Tower Loan salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $55 (RTA Jazzy Pass 31-day) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,605 - $4,225+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Tower Loan

FAQ 1: What is the average salary for employees at Tower Loan?
The average total compensation for employees at Tower Loan is approximately $41 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $36 to $47 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Tower Loan pay compared to FARM CREDIT OF SOUTHWEST FLORIDA ACA?
The average annual salary at Tower Loan is $86,104, or an hourly wage of $41, in comparison to FARM CREDIT OF SOUTHWEST FLORIDA ACA which pays $83,944 per year or $40 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Tower Loan?
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 Tower Loan for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Tower Loan offer cost-of-living adjustments (COLA) for employees in high-cost areas like New Orleans?
While some companies offer formal COLA, many, including potentially Tower Loan, 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.
FAQ 5: What's the typical process for salary reviews and raises at Tower Loan?
Most companies, likely including Tower Loan, 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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