Veracity Payment Solutions Salary

How Much Does Veracity Payment Solutions Pay for employees?

As of July 2026, the average annual salary for employees at Veracity Payment Solutions in the United States is $101,557. This translates to an approximate hourly wage of $49. Salaries at Veracity Payment Solutions typically range from $89,605 to $114,501 annually, reflecting the diverse roles and experience levels within the company. Veracity Payment Solutions’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 Veracity Payment Solutions 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.

Human Resources Specialist

$65,876 / year

Salary Range: $59,339 - $72,982

Human Resources

Shared Technical Service Tier I (NOC Technician I)

$75,832 / year

Salary Range: $59,863 - $99,652

Information Technology

Technology Service Coordinator

$92,764 / year

Salary Range: $78,293 - $106,861

Patient Relations

Project Coordinator, Minneapolis

$83,191 / year

Salary Range: $73,077 - $96,023

Project Planning

Business Technology Advisor

$97,171 / year

Salary Range: $85,648 - $112,022

Technical Sales

Technology Sales Executive

$194,874 / year

Salary Range: $168,175 - $223,685

Sales

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 Veracity Payment Solutions.
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About Veracity Payment Solutions: Company Profile

Website
www.veracitypayments.com
Founded In
2006
Employees
50 - 100 employees
Industry
Software & Networking
Headquarter Location
MINNEAPOLIS
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Veracity Payment Solutions's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The team is professional, though not overly social. The training programs are excellent, and managers are supportive. Management is supportive, and there’s a strong emphasis on work-life balance. The pay is competitive, and there are performance-based bonuses.
Management here is proactive and fair. The company also organizes team-building events, which foster a positive workplace culture. Happy to be part of this team. Team collaboration is strong, and there are frequent opportunities for professional development through workshops and mentorship programs. The retail space is clean, and schedules are fair. Compensation is fair, and bonuses are performanc...
Career growth is encouraged, making it a standout employer. The company size allows for stability, though individual experiences may vary by department. The management team is approachable and values employee feedback, which improves workplace satisfaction. It’s a reliable place to work if you prefer consistency over rapid change.

Is Veracity Payment Solutions’s Pay Competitive? Salary Benchmarking Analysis

How does Veracity Payment Solutions’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)
Veracity Payment Solutions
Software & Networking
VASTUDIOS
VIRTUAL SURFACES INC
Industry Comparison
Our data shows that, on average, compensation at Veracity Payment Solutions is below the average for the U.S. Software & Networking industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Veracity Payment Solutions average annual salary with several similar companies. Veracity Payment Solutions average salary of $101,557 is higher than VASTUDIOS, which has an average salary of $93,228. It is higher than VIRTUAL SURFACES INC, with their average salary at $100,367. This places Veracity Payment Solutions 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Veracity Payment Solutions.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Veracity Payment Solutions, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Veracity Payment Solutions salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Veracity Payment Solutions

FAQ 1: What is the typical salary range (low to high) for most roles at Veracity Payment Solutions?
The typical annual salary range for most roles at Veracity Payment Solutions is approximately from $89,605 to $114,501. 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.
FAQ 2: How much does Veracity Payment Solutions pay compared to VASTUDIOS?
The average annual salary at Veracity Payment Solutions is $101,557, or an hourly wage of $49, in comparison to VASTUDIOS which pays $93,228 per year or $45 per hour.
FAQ 3: How does experience level affect salary at Veracity Payment Solutions?
Experience level is a significant factor in determining salary at Veracity Payment Solutions, 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.
FAQ 4: How can I determine if a salary offer from Veracity Payment Solutions in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Veracity Payment Solutions in Minneapolis is fair, first compare the gross salary to our data for similar roles at Veracity Payment Solutions and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Veracity Payment Solutions?
Several key factors influence salary levels at Veracity Payment Solutions. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Veracity Payment Solutions likely benchmarks its salaries against other companies in the Software & Networking sector. You can explore how these factors play out in our detailed salary data.