Veltex Salary

Veltex Salary

How much does the Veltex Pay for employees?

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As of May 2026, the average annual salary for employees at Veltex in the United States is $110,448. This translates to an approximate hourly wage of $53. Salaries at Veltex typically range from $96,776 to $125,353 annually, reflecting the diverse roles and experience levels within the company. Veltex’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 Veltex Pay for Different Roles?

Explore detailed salary information for specific jobs at Veltex. 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 Veltex

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

Is Veltex’s Pay Competitive? Salary Benchmarking Analysis

How does Veltex’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
150k
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90k
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Average Salary ($/year)
Veltex
Financial Services
Geller & Co
Major Financial
Industry Comparison
Our data shows that, on average, compensation at Veltex is below the average for the U.S. Financial Services industry by approximately 9%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Veltex average annual salary with several similar companies. Veltex average salary of $110,448 is lower than Geller & Co, which has an average salary of $126,027. It is higher than Major Financial, with their average salary at $104,583. This places Veltex in a mid-range position among its peers.
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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.

How Veltex's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Veltex. Click a company name to learn more.

Employee Reviews: Working at Veltex

Considering a career at Veltex? 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.
Decent salary, but long hours can be expected. Respectful colleagues create a friendly atmosphere. High employee morale and strong engagement. The collaborative atmosphere makes it easy to work across teams, and the focus on client satisfaction is unmatched. The culture favors maintaining existing processes over innovation.
Commented in May 31, 2025
48
3
Interaction with leadership is rare. Training consistency varies between departments. Decision-making can be due to hierarchy. I’ve found this organization to be a fantastic place to develop a career in finance. Technology investments are cutting-edge but user-friendly. Change comes and staff input is occasionally overlooked.
Commented in February 06, 2025
29
1
The company is structured and compliant but occasionally rigid. Encouraged to contribute new ideas. Management is supportive and values diverse perspectives, leading to an inclusive work environment.
Commented in February 06, 2024
50
2

Veltex Overview

Website
www.veltex.com
Founded In
1960
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
123 W Madison St Chicago Illinois IL 60602
Revenue
$50 Million - $200 Million
Phone Number
+1 3122354014
Social Media
About Veltex
Veltex Corporation focuses on the development and acquisition of companies that have modalities in the areas of health, wellness, and recovery. Its target markets include rehab and treatment centers. The company was founded in 1987 and is headquartered in Chicago, Illinois.

What Benefits Does Veltex Offer Beyond Salary?

A competitive compensation package is more than just a salary. Veltex 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Veltex.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Veltex, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Veltex 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 Veltex

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

The typical annual salary range for most roles at Veltex is approximately from $96,776 to $125,353. 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 Veltex pay compared to Geller & Co?

The average annual salary at Veltex is $110,448, or an hourly wage of $53, in comparison to Geller & Co which pays $126,027 per year or $61 per hour.

3. Do salaries differ significantly between departments at Veltex?

Yes, salaries often differ between departments at Veltex 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 Veltex?

Experience level is a significant factor in determining salary at Veltex, 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 Veltex in Chicago is fair given the local cost of living?

To determine if a salary offer from Veltex in Chicago is fair, first compare the gross salary to our data for similar roles at Veltex and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. What factors influence salary increases at Veltex?

Salary increases at Veltex are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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