Video Palace & Electronics Inc Salary

How much does the Video Palace & Electronics Inc Pay for employees?

As of August 2026, the average annual salary for employees at Video Palace & Electronics Inc in the United States is $108,655. This translates to an approximate hourly wage of $52. Salaries at Video Palace & Electronics Inc typically range from $95,475 to $122,963 annually, reflecting the diverse roles and experience levels within the company. Video Palace & Electronics Inc’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 Video Palace & Electronics Inc

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Is Video Palace & Electronics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Video Palace & Electronics Inc’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)
Video Palace & Electronics Inc
Business Services
vBrooklyn
Global Abstract Corp
Industry Comparison
Our data shows that, on average, compensation at Video Palace & Electronics Inc is below the average for the U.S. Business Services industry by approximately 10%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Video Palace & Electronics Inc average annual salary with several similar companies. Video Palace & Electronics Inc average salary of $108,655 is higher than vBrooklyn, which has an average salary of $108,539. It is higher than Global Abstract Corp, with their average salary at $100,754. This places Video Palace & Electronics Inc in a competitive position among its peers.
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Employee Reviews: Working at Video Palace & Electronics Inc

Considering a career at Video Palace & Electronics Inc? 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.
The company actively encourages community involvement and corporate social responsibility. Top-notch expertise. The work here feels meaningful and well-supported. The company’s internal systems are efficient, and support services are responsive. Some tools and systems could be modernized.
The management team is attentive, and there’s a strong effort to support employee well-being and development. Some teams were very prompt while others took longer. Team leaders are supportive and empower their team members. Good entry-level opportunity, though advancement affected. It’s a forward-thinking and employee-centric place to grow a career. This trust was a huge confidence booster and all...
One-stop solution with quality results. The culture is open and inclusive, which creates a strong sense of team and belonging. It feels good to be rewarded fairly for my contributions. Employee recognition is consistent and valued by the team.

Video Palace & Electronics Inc Overview

Website
Data pending, update soon.
Founded In
1993
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
719 Coney Island Ave Brooklyn New York NY 11218
Revenue
<$5 Million
Phone Number
-
Social Media
About Video Palace & Electronics Inc
Video Palace & Electronics Inc is a company that operates in the Consumer Electronics industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Brooklyn, New York.

What Benefits Does Video Palace & Electronics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Video Palace & Electronics Inc 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 Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Video Palace & Electronics Inc.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Video Palace & Electronics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Video Palace & Electronics Inc 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) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Video Palace & Electronics Inc

1. What is the average salary for employees at Video Palace & Electronics Inc?

The average annual total compensation for employees at Video Palace & Electronics Inc is approximately $108,655. However, this is an aggregate figure, actual salaries can range significantly, typically from $95,475 to $122,963, depending on factors like job role, experience, and location.

2. How much does Video Palace & Electronics Inc pay compared to vBrooklyn?

The average annual salary at Video Palace & Electronics Inc is $108,655, or an hourly wage of $52, in comparison to vBrooklyn which pays $108,539 per year or $52 per hour.

3. How does having a professional certification impact salary for relevant roles at Video Palace & Electronics Inc?

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 Video Palace & Electronics Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Video Palace & Electronics Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Brooklyn?

While some companies offer formal COLA, many, including potentially Video Palace & Electronics Inc, 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.

5. What's the typical process for salary reviews and raises at Video Palace & Electronics Inc?

Most companies, likely including Video Palace & Electronics Inc, 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.