Salary Guide

Smith & Jones LLC Salaries in Dover, New Mexico: Complete Compensation Analysis

October 26, 2024 8 min read

Considering a career at Smith & Jones LLC in Dover, New Mexico? Our comprehensive salary guide provides accurate compensation data across various roles, experience levels, and departments to help you negotiate with confidence and understand your market value. Interview coming up? Check out Job Bridge for real time AI assistance.

Key Salary Insights for Smith & Jones LLC

Average Base Salary

$65,000

Across all positions in Dover, New Mexico

Salary Range

$40,000 - $90,000

From entry-level to executive positions

Industry Comparison

5% Below

Compared to industry average in Dover, New Mexico

Total Compensation

+12%

Average bonus, stock options, and benefits

Location Factor: Dover, New Mexico

Working at Smith & Jones LLC in Dover, New Mexico comes with specific geographical considerations:

  • Cost of living index: 90 (U.S. average = 100)
  • Average housing cost: $1,200/month for 1-bedroom apartment
  • State income tax rate: 4.9%
  • Regional salary adjustment factor: 5% lower than national average
  • Remote work opportunities: Available

Salary Negotiation Tips for Smith & Jones LLC

Based on our research and feedback from successful candidates, here are effective negotiation strategies specific to Smith & Jones LLC:

  • Highlight sales experience that commands premium compensation
  • Research indicates Smith & Jones LLC typically has 5% flexibility on initial offers
  • Negotiating for flexible schedule may be more successful than base salary increases
  • Emphasize sales quota exceeded that aligns with company values
  • Consider during peak season which has proven effective

Recent Compensation Trends at Smith & Jones LLC

Our analysis shows the following significant trends in Smith & Jones LLC's compensation strategy over the past year:

  • 8% increase in starting salaries for Sales Representative positions
  • New emphasis on flexible work arrangements as part of compensation packages
  • Shift towards performance-based bonuses
  • Increased investment in competitive salaries
  • Annual compensation review to remain competitive in Dover, New Mexico

Employee Testimonials

"After 3 years at Smith & Jones LLC in Dover, New Mexico, I've seen my compensation grow by approximately 8% annually. The company values communication and rewards it consistently through merit-based raises."

- Anonymous, Marketing Specialist

"The total compensation at Smith & Jones LLC is competitive, but what really stands out is flexible work schedule. This has added significant value to my overall package, worth approximately $1000 annually."

- Anonymous, Customer Service Representative

Salary Comparison with Competitors

Company Avg. Base Salary Bonus Equity Total
Smith & Jones LLC $65,000 10% 2% $73,000
Acme Corp $60,000 8% 1% $66,000
Beta Inc $62,000 9% 2% $69,000
Gamma LLC $58,000 7% 1% $63,000

Educational Impact on Salary

Your educational background can significantly influence your earning potential at Smith & Jones LLC. Here's how education typically impacts salaries:

Advanced Degree (Ph.D., MBA)

+10% premium

Most valued in: Finance, Marketing

Master's Degree

+5% premium

Most valued in: Sales, Operations

Bachelor's Degree

Base level

Standard requirement for most positions

Industry Certifications

+2% per certification

Most valued: CPA, PMP

Promotion and Raise Cycles

Understanding Smith & Jones LLC's promotion and raise cycles can help you time your career moves strategically:

  • Annual performance reviews typically conducted in December
  • Average annual salary increase: 4% for meeting expectations, 7% for exceeding
  • Promotion eligibility typically requires 2 years in current role
  • Average salary bump with promotion: 8-15%
  • Bonus determinations made in November, paid in January
  • Off-cycle raises most common in exceeding expectations

Methodology & Data Sources

Our salary data has been meticulously compiled and verified through multiple sources:

  • 1,500 verified salary reports from current and former employees (collected January 2023 - September 2024)
  • Analysis of 300 job postings from Smith & Jones LLC in Dover, New Mexico (collected January 2023 - September 2024)
  • Interviews with 5 recruiters specializing in Smith & Jones LLC placements
  • Data from Bureau of Labor Statistics for Dover, New Mexico
  • Industry compensation surveys from Glassdoor, Indeed, and Salary.com
  • Proprietary JobBridge salary database with 15,000 data points

This data is accurate as of October 2024 and represents a comprehensive view of Smith & Jones LLC's compensation structure in Dover, New Mexico.

Frequently Asked Questions

About This Salary Data

Our Smith & Jones LLC salary data has been meticulously compiled from multiple reliable sources, including:

  • 1,500 verified salary reports from current and former employees
  • Data from job postings across major job boards
  • Information from professional recruiters specializing in Smith & Jones LLC placements
  • Industry salary surveys and governmental labor statistics
  • Anonymous compensation details shared through our proprietary network

This data was last updated on October 25, 2024, making it one of the most current and accurate salary resources available for Smith & Jones LLC in Dover, New Mexico.

Salary by Department

Department Entry Level Mid Level Senior Level
Sales $45,000 $55,000 $70,000
Marketing $42,000 $52,000 $65,000
Customer Service $38,000 $48,000 $60,000
Operations $40,000 $50,000 $62,000
Human Resources $43,000 $53,000 $68,000
Finance $48,000 $58,000 $75,000

Top-Paying Roles at Smith & Jones LLC

Based on our research, these are the highest-paying positions at Smith & Jones LLC in Dover, New Mexico:

1. Regional Manager

$90,000

Typical requirements: 8+ years experience, proven leadership

2. Senior Marketing Manager

$75,000

Typical requirements: 5+ years experience, marketing campaign success

3. Sales Manager

$72,000

Typical requirements: 6+ years experience, sales target achievement

4. Finance Manager

$70,000

Typical requirements: 5+ years experience, financial planning

5. Operations Manager

$68,000

Typical requirements: 5+ years experience, process improvement

How Smith & Jones LLC Salaries Compare to Market

Sales +3% Above Market
-100% Market Rate +100%
Marketing +2% Above Market
-100% Market Rate +100%
Customer Service +4% Above Market
-100% Market Rate +100%
Operations +6% Above Market
-100% Market Rate +100%
Human Resources +5% Above Market
-100% Market Rate +100%
Finance +8% Above Market
-100% Market Rate +100%

Total Compensation Analysis

At Smith & Jones LLC, base salary is just one component of the total compensation package. Here's what you can expect in terms of additional benefits and compensation:

Bonuses

5-15%

Annual performance bonus (% of base salary)

Equity

0-5%

Stock options/RSUs (% of annual compensation)

401(k) Match

Up to 3%

Employer match for retirement contributions

Healthcare Value

$6,000/year

Estimated value of medical, dental, vision coverage

Additional benefits at Smith & Jones LLC include:

  • Paid Time Off (Est. value: $1,040)
  • Health Insurance (Est. value: $6000)
  • Dental Insurance (Est. value: $1200)
  • Salary by Experience Level

    Years of experience significantly impact your earning potential at Smith & Jones LLC. Here's how salaries typically progress based on experience:

    Salary Progression by Years of Experience

    0-2 years
    $40,000
    3-5 years
    $48,000
    6-9 years
    $60,000
    10-14 years
    $75,000
    15+ years
    $90,000
    Author

    Compensation Research Team

    JobBridge Salary Experts

    Last updated: October 26, 2024 • Data accuracy verified by our research team