WEX Fleet One Factoring Salary

How much does the WEX Fleet One Factoring Pay for employees?

As of July 2026, the average annual salary for employees at WEX Fleet One Factoring in the United States is $89,204. This translates to an approximate hourly wage of $43. Salaries at WEX Fleet One Factoring typically range from $78,202 to $101,185 annually, reflecting the diverse roles and experience levels within the company. WEX Fleet One Factoring’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 WEX Fleet One Factoring

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Is WEX Fleet One Factoring’s Pay Competitive? Salary Benchmarking Analysis

How does WEX Fleet One Factoring’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)
WEX Fleet One Factoring
Financial Services
Covation Holdings LLC
Discover Global Network
Industry Comparison
Our data shows that, on average, compensation at WEX Fleet One Factoring is below the average for the U.S. Financial Services industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared WEX Fleet One Factoring average annual salary with several similar companies. WEX Fleet One Factoring average salary of $89,204 is lower than Covation Holdings LLC, which has an average salary of $94,099. It is lower than Discover Global Network, with their average salary at $95,565. This places WEX Fleet One Factoring in a developing 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 WEX Fleet One Factoring

Considering a career at WEX Fleet One Factoring? 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 work environment is quiet and professional but lacks energy or cultural engagement. This organization understands the evolving financial landscape and embraces innovation. Change happens Managers are practical, not personable. Team dynamics are overwhelmingly positive. Leadership encourages creative problem-solving, and employees are empowered to contribute ideas. Employee recognition here fee...
Upper management is professional it is visible. I’m never unsure about where I stand or what’s expected. The company’s commitment to diversity, equity, and inclusion creates a welcoming and collaborative environment. Growth opportunities abound within the company. Career growth is possible but based on tenure rather than merit.
I’ve never felt more engaged in both my role and our mission. Workload is manageable and performance expectations are clear. Overall, it’s a stable and rewarding financial services firm. Employees understand how their role contributes.

WEX Fleet One Factoring Overview

Website
www.fleetonefactoring.com
Founded In
1997
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
3102 W End Ave Nashville Tennessee TN 37203
Revenue
$10 Million - $50 Million
Phone Number
+1 8772758801
Social Media
About WEX Fleet One Factoring
Take control of your cash flow with Fleet One Factoring: The fast and safe way to secure the cash you need to manage your fleet business.

What Benefits Does WEX Fleet One Factoring Offer Beyond Salary?

A competitive compensation package is more than just a salary. WEX Fleet One Factoring 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 Nashville?

Understanding the cost of living near Nashville is key to truly evaluating a salary offer or your current compensation at WEX Fleet One Factoring.
Nashville's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 14.7% more than TN average). 'Music City', major growth, housing costs above US avg. WeGo Public Transit. When planning your budget based on a salary from WEX Fleet One Factoring, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of WEX Fleet One Factoring salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (WeGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,945 - $4,685+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of WEX Fleet One Factoring

1. What is the estimated average total compensation at WEX Fleet One Factoring?

Salary.com estimates that the average total compensation package at WEX Fleet One Factoring, which can include base salary, potential bonuses, and benefits, is around $89,204 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does WEX Fleet One Factoring pay compared to Covation Holdings LLC?

The average annual salary at WEX Fleet One Factoring is $89,204, or an hourly wage of $43, in comparison to Covation Holdings LLC which pays $94,099 per year or $45 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at WEX Fleet One Factoring?

Salary progression from an entry-level to a senior role at WEX Fleet One Factoring 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 WEX Fleet One Factoring in Nashville is fair given the local cost of living?

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

5. Are promotions at WEX Fleet One Factoring usually accompanied by a significant salary increase?

Yes, promotions at WEX Fleet One Factoring 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.