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AVRECO Inc Salary

AVRECO Inc Salary

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As of October 2026, the average annual salary for employees at AVRECO Inc in the United States is $95,681. This translates to an approximate hourly wage of $46. Salaries at AVRECO Inc typically range from $84,185 to $108,184 annually, reflecting the diverse roles and experience levels within the company.
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Is AVRECO Inc’s Pay Competitive? Salary Benchmarking Analysis

How does AVRECO Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Clear Choice Insurance $85,586
-10.6%
Clear Choice Insurance may offer non-monetary perks in lieu of competitive base salaries.
Capstone Insurance & Financial Services $99,415
+3.9%
Influenced by prevailing union wage agreements specific to Capstone Insurance & Financial Services's sector.
Allen Bailey & Associates Inc $88,603
-7.4%
Allen Bailey & Associates Inc likely leverages performance bonuses over the high base salary shown here.
Schifman Remley Associates $88,055
-8.0%
Schifman Remley Associates focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+29.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How AVRECO Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at AVRECO Inc. Click a company name to learn more.

Employee Reviews: Working at AVRECO Inc

Considering a career at AVRECO 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.
It is dynamic, it’s a stable place to work. Suitable for those who prefer a steady work environment. The company operates efficiently, with well-defined processes. While workloads can fluctuate, management is supportive in ensuring no one is overwhelmed. Teamwork is strong, and leadership is transparent. The workplace is well-organized, and processes are streamlined.
Commented in April 15, 2025
50
1
The insurance products are top-tier, making it easier to serve clients effectively. I’m proud to be part of this organization. The insurance knowledge gained here is valuable for long-term career growth. Training programs are thorough, helping employees stay updated in the insurance field. Hybrid work policies are a plus, and the teams are cooperative.
Commented in February 14, 2025
26
3
The benefits are excellent, including strong retirement plans and health coverage. Suitable for professionals who prefer a structured setting. Great workplace with a strong emphasis on employee well-being. The company offers a stable career path with good compensation. The insurance industry can be demanding, but the supportive culture makes it manageable.
Commented in February 11, 2025
48
2

AVRECO Inc Overview

Website
www.avreco.com
Founded In
1962
Employees
<25 employees
Industry
Insurance
Headquarter Address
550 W Van Buren St Chicago Illinois IL 60607
Revenue
$5 Million - $10 Million
Phone Number
+1 3129227570
Social Media
About AVRECO Inc
AVRECO, founded in 1962 and located in beautiful Chicago, IL, is a division of Risk Placement Services, Inc. AVRECO has access to over 100 insurance companies and specializes in niche medical malpractice and professional liability insurance business. AVRECO's experienced Medical Professional Department also has expertise in the formation of captives. AVRECO has over 40 years experience providing c

What Benefits Does AVRECO Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. AVRECO 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at AVRECO Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from AVRECO Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of AVRECO Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of AVRECO Inc

1. What is the typical salary range (low to high) for most roles at AVRECO Inc?

The typical annual salary range for most roles at AVRECO Inc is approximately from $84,185 to $108,184. 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.

2. How much does AVRECO Inc pay compared to Clear Choice Insurance?

The average annual salary at AVRECO Inc is $95,681, or an hourly wage of $46, in comparison to Clear Choice Insurance which pays $85,586 per year or $41 per hour.

3. How does experience level affect salary at AVRECO Inc?

Experience level is a significant factor in determining salary at AVRECO Inc, 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.

4. How can I determine if a salary offer from AVRECO Inc in Chicago is fair given the local cost of living?

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

5. What factors influence salary increases at AVRECO Inc?

Salary increases at AVRECO Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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