Update Sourcing Salary

How much does the Update Sourcing Pay for employees?

As of July 2026, the average annual salary for employees at Update Sourcing in the United States is $95,238. This translates to an approximate hourly wage of $46. Salaries at Update Sourcing typically range from $83,901 to $107,550 annually, reflecting the diverse roles and experience levels within the company. Update Sourcing’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 Update Sourcing

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Is Update Sourcing’s Pay Competitive? Salary Benchmarking Analysis

How does Update Sourcing’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
180k
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Average Salary ($/year)
Update Sourcing
MFG Nondurable
OFRA Cosmetics SA
Head West Inc
Industry Comparison
Our data shows that, on average, compensation at Update Sourcing is below the average for the U.S. MFG Nondurable industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Update Sourcing average annual salary with several similar companies. Update Sourcing average salary of $95,238 is lower than OFRA Cosmetics SA, which has an average salary of $95,997. It is lower than Head West Inc, with their average salary at $109,130. This places Update Sourcing in a developing position among its peers.
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Employee Reviews: Working at Update Sourcing

Considering a career at Update Sourcing? 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.
This company offers a refreshing work atmosphere for the manufacturing industry. Managers treat employees with professionalism and respect. I appreciate the strong safety culture and clean work environment.
Equipment and technology are regularly updated to ensure productivity and safety. Colleagues are supportive, and management is always willing to listen to concerns and ideas. It's motivating to work for an organization that continuously invests in both its processes and its workforce. Benefits are comprehensive, including wellness programs and career development opportunities. It’s a company where...
Cross-functional collaboration is encouraged, providing exposure to different aspects of the business. The company meets the basics but doesn’t go beyond. Management does communicate updates clearly. Pay is fair, and it is somehow outstanding. Most importantly, there’s a sense of pride in what we produce—high-quality goods that make a real difference. Leadership regularly walks the production floo...
The company emphasizes safety and process optimization, helping us maintain high output without sacrificing product quality. Management follows protocol, but there’s limited innovation unless upper leadership initiates change. The organization values innovation and continuous process improvement, encouraging employees to contribute ideas. Leadership recognizes and rewards hard work.
The role provides consistent pay and predictable hours. The incentive programs reward both individual performance and team achievements. A healthy work-life balance and proactive management make all the difference. There's a great spirit of cooperation, and achievements, both big and small, are recognized, which really boosts morale and makes it a fulfilling place to work. Onboarding is smooth, an...

Update Sourcing Overview

Website
www.updatesourcing.com
Founded In
2010
Employees
50 - 100 employees
Industry
MFG Nondurable
Headquarter Address
557 Meridian Ave Miami Beach Florida FL 33139
Revenue
$10 Million - $50 Million
Phone Number
+1 3058424966
Social Media
About Update Sourcing
Update Sourcing is one of the leading ready-made Garments buying house in Dhaka (Bangladesh). We are delivering the best products with great value for our overseas clients with outstanding customer services. Our outstanding services offer excellent quality control, flexible manufacturing, production options, fast and reliable delivery. We have our in-house expertise in initial sampling & pattern m

What Benefits Does Update Sourcing Offer Beyond Salary?

A competitive compensation package is more than just a salary. Update Sourcing 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 Miami?

Understanding the cost of living near Miami is key to truly evaluating a salary offer or your current compensation at Update Sourcing.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). Major international city, very high housing costs, vibrant culture, significant traffic. Metrorail/Metromover/Bus. When planning your budget based on a salary from Update Sourcing, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Update Sourcing salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,262 - $5,332+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Update Sourcing

1. How much does an Update Sourcing employee make?

Update Sourcing pays its employees an average of $95,238 per year. The average salary at Update Sourcing range from $83,901 to $107,550 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 Update Sourcing?

The salary at Update Sourcing is lesser than the similar company. The average annual salary at Update Sourcing is $95,238, or an hourly wage of $46, in comparison to OFRA Cosmetics SA which pays $95,997 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Update Sourcing?

In many roles at Update Sourcing, 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.

4. How does the cost of living near Miami affect the perceived value of a Update Sourcing salary?

Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). This significantly impacts the purchasing power of a salary from Update Sourcing based there. Our "Cost of Living Insights for Miami" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Update Sourcing typically offer employees?

Update Sourcing 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 Update Sourcing" section on this page.