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The average salary at Tranzact is approximately $86,926 per year, reflecting the company's commitment to competitive compensation. Salaries tend to differ significantly among departments. For instance, employees in the engineering department enjoy the highest pay, averaging about $104,959. The IT department also offers attractive salaries, with averages around $86,217. Conversely, positions in sales and art/design average considerably lower at $64,066 and $71,102, respectively.
Tranzact provides numerous opportunities for career advancement, emphasizing a culture of inclusivity. The hybrid work model supports work-life balance, although employees note that extensive meetings can sometimes disrupt personal time. Leadership is actively involved in enhancing workplace success, making suggestions for improvements and fostering a diverse environment.
Tranzact's salaries are also influenced by location, with New York offering the most competitive compensation due to higher living costs. Understanding these dynamics can assist job seekers in navigating their career paths effectively.
Rate Tranzact's fairness in compensating employees.
Tranzact pays the highest salaries in New York due to higher costs of living and competition in the state.
| Rank | State | Average Tranzact salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $92,869 | $44.65 |
| 2 | New Jersey | $89,205 | $42.89 |
| 3 | Texas | $80,141 | $38.53 |
| 4 | North Carolina | $76,201 | $36.64 |
| 5 | West Virginia | $74,369 | $35.75 |
| 6 | Ohio | $74,302 | $35.72 |
| 7 | Florida | $73,108 | $35.15 |
| Rank | Location | Average Tranzact salary | Hourly rate |
|---|---|---|---|
| 1 | Santa Clara, CA | $108,084 | $51.96 |
| 2 | New York, NY | $92,934 | $44.68 |
| 3 | Framingham, MA | $92,221 | $44.34 |
| 4 | Fort Lee, NJ | $89,857 | $43.20 |
| 5 | North Las Vegas, NV | $86,755 | $41.71 |
| 6 | Tempe, AZ | $84,516 | $40.63 |
| 7 | Alexandria, VA | $83,054 | $39.93 |
| 8 | Wilkes-Barre, PA | $82,657 | $39.74 |
| 9 | Rehoboth Beach, DE | $82,612 | $39.72 |
| 10 | Owings Mills, MD | $82,573 | $39.70 |
| 11 | Houston, TX | $80,698 | $38.80 |
| 12 | Lincolnshire, IL | $77,649 | $37.33 |
| 13 | Ann Arbor, MI | $76,953 | $37.00 |
| 14 | Raleigh, NC | $76,740 | $36.89 |
| 15 | Milwaukee, WI | $74,829 | $35.98 |
| 16 | Dallas, GA | $74,682 | $35.90 |
| 17 | Hollywood, FL | $73,761 | $35.46 |
| 18 | Bentonville, AR | $71,100 | $34.18 |
| 19 | Auburn, AL | $71,054 | $34.16 |
Do you work at Tranzact?
Were you satisfied with Tranzact's salary and benefits?
Salaries at Tranzact vary depending on the department you work in. Tranzact salaries in the engineering department are the highest with an average salary of $104,959. Employees in the it department at Tranzact receive relatively high salaries as well, with an average salary of $86,217 per year. Departments that don't pay as well at Tranzact include the sales and the art/design organizational functions, with employees earning average salaries of $64,066 and $71,102, respectively.
| Rank | Department | Average Tranzact salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $104,959 | $50.46 |
| 2 | IT | $86,217 | $41.45 |
| 3 | Marketing | $76,248 | $36.66 |
| 4 | Art/Design | $71,102 | $34.18 |
| 5 | Sales | $64,067 | $30.80 |
Tranzact offers exclusivity to everyone and opportunities within the organization for growth and career advancement.
The workload can be a lot.
The team!
They communicate openly and keep everyone informed on changes and updates.
I will implement organizational initiatives across the board to ensure everyone has a nice work-life balance.
I did research on the industry and more in-depth research on the company's culture and values.
It's competitive with the current industry.
TZ goes above and beyond to have diversity and you can see that in the people that they hire. Everyone has equal opportunity.
Hybrid schedule.
Dynamic Work Environment Opportunities for Growth Innovative Culture
Limited Work Life Balance- Hybrid model but full days of meetings, all day.
Our CEO is extremely hands-on, actively immersing themselves in the outputs of each department. His objective is not just to listen, but also to offer suggestions for enhancing success.
Encourage a more robust work-life balance. While a hybrid model is beneficial, excessive meetings outside of this model encroach upon personal time and extend work into non-business hours.
N/A
Our company nurtures a highly diverse culture and demographic. Working alongside a multitude of talented individuals fills me with pride.
What brings me the most joy at work is the opportunity to craft and test creatives, refining them to perfection. I love delving deep into data-driven analyses, uncovering insights to optimize our creative strategies for maximum impact.
Leadership is very plugged into business goals and is very effective at communicating them to employees and explaining the "WHY" behind the things we're doing. I always know what is expected of me, and my manager meets with me regularly to check in on my work and overall well being. TRANZACT is fast-paced and hectic at times, but the company always makes time for fun, connection, and learning. Everyone's ideas are listened to and leadership seeks out ideas from employees at all levels. I'm never afraid to voice my opinion or share an idea. The environment is friendly and positive.
Upward mobility can sometimes be difficult for non-people managers. Lack of fringe benefits compared to other local companies (summer Fridays, fully remote options or commuter benefits, tech stipend)
Generous vacation time + encouragement to actually use it. Annual bonus. 401K match.
They are transparent, reasonable, and approachable.
We used to have more offsite team lunches and team building events. I would like to see more of those.
1. Fully researched the company to familiarize myself with what they do and what value I could provide to their business 2. Researched common interview questions and practiced my answers aloud 3. Thought about my own deal breakers ahead of time, so I could determine if they were a good fit for me. An interview goes both ways.
Above average
Overall it is pretty good. On the leadership team it is lacking.
Having fun with coworkers and working as a team. Celebrating our successes both big and small. Cake.
A lot of people enjoy talking to one another and getting to know each other
If you work past 5 you are seen as doing a great job regardless of your actual output and performance. High performers inside working hours are rarely recognized or compensated
Work from home on Monday and Friday.
They seem to be transparent at times
There are a lot of young employees that move the culture in a very unprofessional manner.
Below
Dont care
When fellow employees actually take the time to understand your work and its importance rather than being focused only on things that affect them
Great coworkers who are friendly, positive, motivated, knowledgeable, and flexible. People here are always willing to lend a hand even when its not a task they would normally help with. Apart from the people, the work is challenging and keeps my skills sharp while allowing me the flexibility to have a strong work life balance.
Like many businesses we do have a busy season, and during that time the day to day becomes very fasted paced. For some people, this may be hard to managed or might not be there preferred working environment.
One of the best perks at Tranzact is the holiday party! We have a fabulous party where all the offices meet in the NJ office have a delicious dinner and dance party. It is a great time to see people in person you wouldn't normally see in person!
Andy, the president, is extremely knowledgeable. I've worked with other CEOs and leadership teams that are too far removed from the processes and day to day of the business. Although he is busy, he manages to be tapped in and have fruitful conversations with all areas of the business frequently.
The company culture is great, but it might be beneficial to have more opportunities to get to know people in other offices. While the holiday party is a great time to do this, it would be great to have senior leadership come to all the offices 1-2 times a year.
For the interview, I reviewed my resume and elevator speech. I also looked up reviews about the company, LinkedIn profiles of people who work/worked here and spoke to a former collogue who worked here. Lastly, I reviewed questions I thought I would be asked during the interview.
My compensation is at or above average.
We have a diverse organization. We have different cultures, ethnicities, sexual orientations, genders, religions, ages and parental statuses. As someone in a minority group, I feel represented and that I can be myself without fear.
What brings me the most joy at work is the opportunities to learn and grow. In my time at Tranzact, I've been able to grow my skillset tremendously. This has been made possible by having coworkers who are willing to sit down and do trainings and share their best practices in their roles.
The company culture is the best part. Everyone is great to be around and also really driven and good at their respective jobs.
The hybrid work schedule is a perfect balance of work from home and getting out of the house.
It's hard to find one as I really enjoy working here. If I had to pick one, I would say that some teams tend to be disconnected from others and out of the loop from certain workflow processes.
I like how open they are about the overall performance of the company. I also feel that they are very approachable and I would be comfortable speaking with any of them if that was something that was needed.
I think the culture is great, however again I think that some teams tend to be isolated a bit more and it would be good to integrate a little bit more so that everyone has a better understanding of how other individual roles relate to one another.
I did some research on the company and insurance marketplace but overall I just tried to be myself and advocate for what I could bring to the table.
Compensation and benefits package is on par with industry average.
Good amount of diversity and I feel that TZ is one of the most open and accepting workplaces. Very progressive.
I enjoy my day to day tasks but I also enjoy the people I work with.
Good Environment Nice collegues Good pay rates Opportunities to learn
Sports benefit
The people. Smart, hard-working, driven group. No way to be bored. Always something interesting to work on.
Holiday parties
Pay rate tends to be a little less competitive. Leadership can feel cryptic at times.
Not afraid to get their hands dirty.
Create clarity in growth.
Research Tranzact. Research the people I'd interview with. Make sure I connected my resume to the job description. Practice questions
On lower end
Strong.
Being able to work on a diverse set of things that interest me.
In my experience, it has been difficult to advance in my career.
I like working for a progressive company that encourages individuals to be authentic and knowledgeable.
Working from home. It is a true blessing and it has helped me be so proactive.
I have had little interaction with the CEO but the few times I have had with wih, he is distinct and he seems hard to approach.
I would implement a new HR program. The current manger of employee development is aggressive and rude.
I did research and I looked at what other employees had to say about the company.
It is competitive.
It is good.
Working from home and having a direct manager who is real, progressive, smart and involved. He is also willing to stick up for his team.
Flex work Culture - very strong Always changing so you are not able to get bored. Open to listening to employees
Recognitions without clear rules. Flexible to adapt to changes, but it can sacrifice employee time.
STI and Christmas perk
They are direct, fun and always able to listen employees.
Acting using our company values and evangelizing others to understand our culture.
Researching about the company or topic
Local it´s good. In the band.
very good.
People, resolve problems, and others
People are very nice and environment is really great.
The salaries and benefits could be better.
I prepared for an interview by being myself and developing my areas of expertise
In my experience, Tranzact's salaries could be better.
Tranzact is pretty diverse
The culture is fantastic, and I appreciate their commitment to diversity and inclusion. The principles really mean something here. Leaders really care about the people and the work, making Tranzact incredibly open and collaborative.
The bulk of or problems are what happen when you work with other people in a heavily regulated industry. People often change their approach with feedback. The only serious complaint I have is that our Legal team seems to ignore Tranzact's principles, and is often dismissive to the point of rudeness.
Honest answers, no buzz words. Willing to say, "I don't know, let's find out." I have never had leadership put their foot down and ask for something stupid.
Acting faster when people aren't living our principles.
Going in cold.
The compensation is about average.
Tranzact's commitment to representation is commendable.
Tranzact lets me do my job and leverage my expertise without handcuffing me to an metrics or standards. I feel great that Tranzact trusts my input and values my contributions.
Great opportunity to grow as a leader and as an individual
Salaries are not competitive, 401k is not great and it was actually made worse in 2024 because they started holding all 401k matches until the end of the year which means you cannot invest during the year
Didnt need much preparation, process was quick and effective
Leaders are incredible and make this company worth working for
We are top tier in this category
Very low. I am coming into a role that is a good bit below the industry minimum
Collaboration and cooperation
work life balance.
There are knowledgeable and caring people.
I cannot think of any.
Opportunity for growth and development, "Be Real" culture
Sometimes I think we try to move TOO fast do not always prioritize our items, and try to do everything rather than most impactful
STI program and office lunches/ snacks
They are very transparent and direct
researching the company, looking up who I was interviewing with on LinkedIn, and preparing some responses to common interview questions (tell me about your experience, tell me about a time you resolved conflict, etc.)
I'm not aware of the industry average, but I feel I am fairly compensated at the moment
At an executive level there is not as much diversity, but downstream I do feel we have a diverse workplace
Mastering a new skill/task, seeing my peers do well in a meeting/project
Great people who are smart and have good personalities.
Compensation and benefits are not competitive.
Being able to express yourself fully and genuinely.
Andy is a very smart guy and give helpful, detailed feedback. He is also very honest in a way that helps everyone.
I think Tranzact's culture is beginning to be overtaken by workaholic behaviors which tend to be rewarded and sometimes expected.
Be ready to come with your interesting and unique personality along with critical thinking and analytical skills.
The compensation is below industry average especially when factoring in the bad benefits, specifically health.
Tranzact is not very diverse but minorities including women are somewhat represented.
I enjoy the unique personalities of my coworkers along with the ability to be myself.
Pros include working with incredibly smart, creative, funny and flexible people, as TZ hires colleagues who can fit well with our BE REAL culture.
Fast-paced schedule of seasonal sales requirements leaves less time each year for personal development and innovation. The company is working hard to carve out more intentional space for innovation and growth, however, while we still must perform given our industry timelines.
8 weeks parental leave
The President, COO and leadership team are straightforward and are genuinely interested in connecting with colleagues at all levels across the organization. They are also supportive of any and all innovation ideas.
Broaden our headcount for more effective channel management given the breadth of work each colleague must undertake. We should also continue our shift into wider cross-channel and cross-vertical collaboration.
I studied the technical aspects of my initial position and familiarized myself with the company goals, leadership and broader competitive marketplace.
I'm not entirely sure, but I believe I'm paid roughly alongside or just below industry averages for my role.
People of all demographics are welcomed and championed at TZ. Your results and your positive attitude matter at TZ much more than any demographic you happen to have been born into or have chosen for your personal private life.
Enjoying time with my colleagues on office days and during company celebrations like the summer party and the annual holiday party.
Endless opportunities to grow in your skillset and career. Awesome people that are passionate about what they do and the market we serve. Fast-paced environment that is never dull!
Heavy workload in certain periods of the year that seem to expand each year with increased goals.
The money.
Our CEO truly cares about the colleagues of TRANZACT, is approachable and respectful.
More perks for the colleagues to enhance their work life balance.
I spent a lot of time on the TRANZACT website to learn about their people and culture.
I think it's on par.
We could use more diversity on our corporate teams. The Leadership team includes some exceptional women. If you look at our company roster as a whole, we are very diverse.
Woking on challenging and rewarding projects that impact colleagues across the company.
Everyone is smart and hardworking, and I have real friends here. I enjoy my coworkers and can trust them to get the work done. Leadership is open to input and they're good people who care about the people who work here, not just the bottom line.
Every season can be busy season. It keeps things from ever getting boring, but it requires a very strong work ethic to keep up.
Hybrid work model - I love being able to work from home three days a week. I also love our bonus structure - it's fair and substantial.
They care about the people as individuals and are good people. They're smart and open to suggestions.
Fewer meetings
Research the company, understand performance marketing, be yourself, and be up to date on marketing trends.
In my experience, my comp has been on the lower end of the industry average, but not below. Once I brought this to the attention of my manager, though, efforts were made to rectify the situation. And the bonus is part of the total comp which brings the total compensation to in line with industry averages.
Across the organization we have a lot of diversity in race, gender, and religion. I don't think every office is as diverse as some, but on the whole it's very diverse. The leadership team has a lot of women as well.
I love the people I work with so much. They're the reason I enjoy the work that I do.
Zippia gives an in-depth look into the details of Tranzact, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Tranzact. The employee data is based on information from people who have self-reported their past or current employments at Tranzact. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Tranzact. The data presented on this page does not represent the view of Tranzact and its employees or that of Zippia.
Tranzact may also be known as or be related to MG LLC, MG, LLC, Mg and Tranzact.