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Banasky Insurance Co Salary

Banasky Insurance Co Salary

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As of August 2026, the average annual salary for employees at Banasky Insurance Co in the United States is $88,276. This translates to an approximate hourly wage of $42. Salaries at Banasky Insurance Co typically range from $77,652 to $99,831 annually, reflecting the diverse roles and experience levels within the company.
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Is Banasky Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Banasky Insurance Co'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
Delta Health Project $87,569
-0.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
AAIB Insurance $90,006
+2.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Elias B Cohen & Associates $109,256
+23.8%
Supported by Elias B Cohen & Associates's high-margin contracts allowing higher overhead.
Haddock Company Inc $90,270
+2.3%
Confirms Haddock Company Inc is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+40.3%
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 Banasky Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Banasky Insurance Co

Considering a career at Banasky Insurance Co? 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 insurance industry expertise here is impressive, and training is thorough. Corporate communications are clear, keeping everyone informed. Community engagement initiatives allow employees to give back, adding purpose beyond daily tasks. Compensation and benefits are strong. Career advancement opportunities exist for those who take initiative.
Commented in May 22, 2025
11
1
Work-life balance is respected, and the benefits package is comprehensive. Career growth opportunities are available for those who seek them. The office location is convenient, and parking is provided. Management communicates expectations clearly, reducing uncertainty. Leadership is transparent, and employee contributions are recognized. Workloads are predictable, which helps with planning. A good...
Commented in March 31, 2025
39
2
The management team is approachable and values employee feedback. A company with average benefits. Workloads are manageable, and the team is cooperative. The insurance services we offer are reputable, making our work meaningful. The office environment is comfortable, and colleagues are respectful.
Commented in March 08, 2024
47
0

Banasky Insurance Co Overview

Website
www.banasky.com
Founded In
1955
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
913 W Baxter Dr South Jordan Utah UT 84095
Revenue
$5 Million - $10 Million
Phone Number
+1 8017481009
Social Media
About Banasky Insurance Co
We service the South Jordan areas and throughout the state of Utah. At Banasky Insurance, each one of our clients are given a dedicated team of experts that work together to proficiently address all your concerns. We offer all types of Personal Insurance coverages to our clients in Utah including Car, Home, Motorcycle, Boat & Watercraft, and Flood Insurance. Our benefits department can also assist

What Benefits Does Banasky Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banasky Insurance Co 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 South Jordan?

Understanding the cost of living near South Jordan is key to truly evaluating a salary offer or your current compensation at Banasky Insurance Co.
South Jordan's Cost of Living Index is approximately 107.8 (7.8% more expensive than US average; 6.2% more than UT average). SLC suburb, desirable, high housing costs. UTA. When planning your budget based on a salary from Banasky Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Banasky Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,795 - $4,235+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banasky Insurance Co

1. What is the average salary for employees at Banasky Insurance Co?

The average annual total compensation for employees at Banasky Insurance Co is approximately $88,276. However, this is an aggregate figure, actual salaries can range significantly, typically from $77,652 to $99,831, depending on factors like job role, experience, and location.

2. How much does Banasky Insurance Co pay compared to Delta Health Project?

The average annual salary at Banasky Insurance Co is $88,276, or an hourly wage of $42, in comparison to Delta Health Project which pays $87,569 per year or $42 per hour.

3. What is the lowest salary at Banasky Insurance Co?

The lowest-paying job at Banasky Insurance Co is a Producer with a salary of $51,633 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Banasky Insurance Co?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Banasky Insurance Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Banasky Insurance Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like South Jordan?

While some companies offer formal COLA, many, including potentially Banasky Insurance Co, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Banasky Insurance Co?

Most companies, likely including Banasky Insurance Co, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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