Backus Payne Salary

Backus Payne Salary

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As of April 2026, the average annual salary for employees at Backus Payne in the United States is $91,514. This translates to an approximate hourly wage of $44. Salaries at Backus Payne typically range from $80,520 to $103,465 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Backus Payne Pay for Different Roles?

Explore detailed salary information for specific jobs at Backus Payne. Based on our data, the highest paying job is the Sales Executive, with an annual salary of $210,873. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Backus Payne

Ready for your next career move? Explore current job openings at Backus Payne. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Backus Payne’s Pay Competitive? Salary Benchmarking Analysis

How does Backus Payne'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
American Insurance Institute $82,865
-9.5%
Reflects market rates for standard general contracting, differing from specialized roles.
The Howarth Group Inc $83,466
-8.8%
Normalized for lower cost-of-living zones where The Howarth Group Inc primarily operates.
Burchfiel-Overbay & Associates Insurance Agency $82,401
-10.0%
Burchfiel-Overbay & Associates Insurance Agency operates with a leaner overhead structure, impacting base wage offers.
All American Associates Inc $83,435
-8.8%
All American Associates Inc likely leverages performance bonuses over the high base salary shown here.
Insurance Industry $123,858
+35.3%
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 Backus Payne's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Backus Payne

Considering a career at Backus Payne? 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.
Benefits, including health and retirement plans, are excellent. The company offers regular training and certifications to keep skills updated. Workload distribution is fair, though some tasks can be repetitive. Supportive managers, clear goals. The hybrid schedule is a great benefit, and the health coverage is excellent.
Commented in March 09, 2025
38
2
The leadership is transparent about company goals, and employees are kept in the loop through regular updates. It’s a great place for long-term growth. Colleagues are professional, though teamwork could improve. Processes are well-defined, which helps in daily tasks. The training programs are excellent, helping employees stay ahead in the industry. I appreciate the company’s focus on employee well...
Commented in July 02, 2024
8
3
The company operates efficiently, and the workload is reasonable. I appreciate the opportunities for growth and the inclusive culture. Team-building activities are organized quarterly, fostering strong relationships.
Commented in June 28, 2024
14
1

Backus Payne Overview

Website
www.backuspayne.com
Founded In
2004
Employees
<25 employees
Industry
Insurance
Headquarter Address
1460 Walton Blvd Rochester Michigan MI 48309
Revenue
<$5 Million
Phone Number
+1 2482184160
Social Media
About Backus Payne
Backus Payne & Associates provides professional liability coverage to physicians, dentists, lawyers, health care entities, clinics, home health care agencies, surgical centers and medical groups of all sizes. We are a leading independent agency representing only the very best carriers in this highly technical field-those that offer superior coverage, are financially stable and provide our clients

What Benefits Does Backus Payne Offer Beyond Salary?

A competitive compensation package is more than just a salary. Backus Payne 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Backus Payne.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Backus Payne, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Backus Payne salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Backus Payne

1. How much does a Backus Payne employee make?

Backus Payne pays its employees an average of $91,514 per year. The average salary at Backus Payne range from $80,520 to $103,465 per year. 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. Which similar company tend to pay more or less than Backus Payne?

The salary at Backus Payne is higher than the similar company. The average annual salary at Backus Payne is $91,514, or an hourly wage of $44, in comparison to American Insurance Institute which pays $82,865 per year or $40 per hour.

3. How much does a Sales Executive typically earn at Backus Payne?

A Sales Executive at Backus Payne typically earns an average annual base salary of around $210,873, with a general range of $184,986 to $263,467.

4. Do employees with advanced degrees (Master's, PhD) earn more at Backus Payne?

In many roles at Backus Payne, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Detroit affect the perceived value of a Backus Payne salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Backus Payne based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Backus Payne typically offer employees?

Backus Payne generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Backus Payne" section on this page.

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