Truen & Michaels Associates Salary

How much does the Truen & Michaels Associates Pay for employees?

As of October 2026, the average annual salary for employees at Truen & Michaels Associates in the United States is $98,560. This translates to an approximate hourly wage of $47. Salaries at Truen & Michaels Associates typically range from $86,449 to $111,684 annually, reflecting the diverse roles and experience levels within the company. Truen & Michaels Associates’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 Truen & Michaels Associates Pay for Different Roles?

Explore detailed salary information for specific jobs at Truen & Michaels Associates. 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 Truen & Michaels Associates

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

Is Truen & Michaels Associates’s Pay Competitive? Salary Benchmarking Analysis

How does Truen & Michaels Associates’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)
Truen & Michaels Associates
Financial Services
Simple Lending Mortgage LLC
SpringBank Mortgage LLC
Industry Comparison
Our data shows that, on average, compensation at Truen & Michaels Associates is below the average for the U.S. Financial Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Truen & Michaels Associates average annual salary with several similar companies. Truen & Michaels Associates average salary of $98,560 is higher than Simple Lending Mortgage LLC, which has an average salary of $83,698. It is higher than SpringBank Mortgage LLC, with their average salary at $97,179. This places Truen & Michaels Associates 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.

Employee Reviews: Working at Truen & Michaels Associates

Considering a career at Truen & Michaels Associates? 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.
Career goals are taken seriously here. A routine-driven environment with predictable outcomes. Work-life balance is respected, with flexible arrangements that adapt to individual needs. Training is robust and well-structured. I've been promoted based on performance and appreciated for my contributions. This shows a commitment to employee development and long-term career paths, which I value. There...
Strong teamwork and open communication across departments. Meetings are regular and productive, though they can feel repetitive. Contracts include strong service level agreements. There isn’t much room to innovate, but deadlines and responsibilities are consistently met. Career growth exists but usually depends on seniority rather than performance.
This financial firm offers job stability and standard benefits but often follows rigid processes. Newsletters highlight meaningful updates. Benefits, including health insurance and stock options, are excellent. Great foundation for any finance career.

Truen & Michaels Associates Overview

Website
www.truenmichaels.com
Founded In
1986
Employees
<25 employees
Industry
Financial Services
Headquarter Address
10 Cuttermill Rd Great Neck New York NY 11021
Revenue
<$5 Million
Phone Number
+1 5164669551
Social Media
About Truen & Michaels Associates
Truen & Michaels Associates is a recognized leader in providing a complete range of financing options for multi-family properties. Depending on such variables as subproperty type, credit status, and general solidity of the venture, Truen & Michaels can tap into dozens of lending sources to deliver a broad spectrum of financing possibilities for your project. Our experience and wealth of resources

What Benefits Does Truen & Michaels Associates Offer Beyond Salary?

A competitive compensation package is more than just a salary. Truen & Michaels Associates 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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How Much Should You Be Earning?

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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 Truen & Michaels Associates.
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 Truen & Michaels Associates, 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 Truen & Michaels Associates 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 Truen & Michaels Associates

1. What is the estimated average total compensation at Truen & Michaels Associates?

Salary.com estimates that the average total compensation package at Truen & Michaels Associates, which can include base salary, potential bonuses, and benefits, is around $98,560 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Truen & Michaels Associates pay compared to Simple Lending Mortgage LLC?

The average annual salary at Truen & Michaels Associates is $98,560, or an hourly wage of $47, in comparison to Simple Lending Mortgage LLC which pays $83,698 per year or $40 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Truen & Michaels Associates?

Salary progression from an entry-level to a senior role at Truen & Michaels Associates can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Truen & Michaels Associates in New York is fair given the local cost of living?

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

5. Are promotions at Truen & Michaels Associates usually accompanied by a significant salary increase?

Yes, promotions at Truen & Michaels Associates are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.