Benafix Salary

Benafix Salary

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As of August 2026, the average annual salary for employees at Benafix in the United States is $81,852. This translates to an approximate hourly wage of $39. Salaries at Benafix typically range from $72,025 to $92,552 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Benafix Pay for Different Roles?

Explore detailed salary information for specific jobs at Benafix. Based on our data, the highest paying job is the Office Manager, with an annual salary of $63,490. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Benafix

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

Is Benafix’s Pay Competitive? Salary Benchmarking Analysis

How does Benafix'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
Moreno Insurance Agency $87,749
+7.2%
Supported by Moreno Insurance Agency's high-margin contracts allowing higher overhead.
Tecco Resolution Services $103,001
+25.8%
Data suggests Tecco Resolution Services's workforce skews heavily towards veteran, high-tenure roles.
McDole Edge Corp $89,974
+9.9%
Driven by niche technical certifications required for McDole Edge Corp's specialized projects.
IronPoint Insurance Services LLC $102,147
+24.8%
Reflects structural premiums typical of IronPoint Insurance Services LLC's large-cap national operations.
Insurance Industry $123,858
+51.3%
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 Benafix's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Benafix

Considering a career at Benafix? 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 office atmosphere is friendly, and remote work flexibility is a big advantage. It’s a good place for those who prefer a steady, predictable work environment in insurance. Work-life balance is good, and benefits are strong. The company’s reputation in insurance adds credibility to my career. A top employer in the insurance sector. Technology tools are up-to-date, making daily tasks efficient. T...
Commented in March 07, 2025
32
3
Leadership fosters a culture of respect and innovation. This company offers a supportive environment for insurance professionals. The company has a positive work environment with a focus on employee satisfaction. The organization runs smoothly with clear expectations. It’s a decent place to build experience in insurance.
Commented in February 15, 2025
13
1
The work environment is structured and predictable, which suits my preferences. The insurance products are top-tier, making it easy to stand behind them. This company stands out in the insurance sector for its employee-centric policies. Coworkers are friendly and always willing to collaborate.
Commented in November 13, 2024
45
1

Benafix Overview

Website
www.benafix.com
Founded In
2010
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 8591 Waco Texas TX 76714
Revenue
<$5 Million
Phone Number
+1 8665289990
Social Media
About Benafix
benaFIX is driven by the vision of two experienced agents who recognized the need to rethink how voluntary benefits are managed and delivered. Bill Hughes and Tim Provence joined forces to sort out the pieces and solve the complex voluntary benefits puzzle, and have developed an entirely new approach that makes the process easier for agents, employers and employees.

What Benefits Does Benafix Offer Beyond Salary?

A competitive compensation package is more than just a salary. Benafix 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 Waco?

Understanding the cost of living near Waco is key to truly evaluating a salary offer or your current compensation at Benafix.
Waco's Cost of Living Index is approximately 84.7 (15.3% less expensive than US average; 9.0% less than TX average). Central TX city (Baylor Univ., Magnolia), affordable. WTS. When planning your budget based on a salary from Benafix, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Benafix salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,070 - $3,370+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Benafix

1. How much does a Benafix employee make?

Benafix pays its employees an average of $81,852 per year. The average salary at Benafix range from $72,025 to $92,552 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 Benafix?

The salary at Benafix is lesser than the similar company. The average annual salary at Benafix is $81,852, or an hourly wage of $39, in comparison to Moreno Insurance Agency which pays $87,749 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Benafix?

In many roles at Benafix, 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.

4. How does the cost of living near Waco affect the perceived value of a Benafix salary?

Waco's Cost of Living Index is approximately 84.7 (15.3% less expensive than US average; 9.0% less than TX average). This significantly impacts the purchasing power of a salary from Benafix based there. Our "Cost of Living Insights for Waco" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Benafix typically offer employees?

Benafix 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 Benafix" section on this page.

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