Beneficial Financial Group Salary

As of August 2026, the average annual salary for employees at Beneficial Financial Group in the United States is $83,574. This translates to an approximate hourly wage of $40. Salaries at Beneficial Financial Group typically range from $75,423 to $93,398 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Beneficial Financial Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Beneficial Financial Group. Based on our data, the highest paying job is the Lawn Care, with an annual salary of $186,305. The table below outlines the annual salary ranges for most popular roles within the company.

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Lawn Care

$186,305 / year

Salary Range: $167,171 - $211,605

Physician

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Beneficial Financial Group.
Loading results...

About Beneficial Financial Group: Company Profile

Website
www.beneficialfinancialgroup.com
Founded In
1975
Employees
100 - 200 employees
Industry
Insurance
Headquarter Location
SALT LAKE CITY
Revenue
<$5 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Beneficial Financial Group's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
A forward-thinking insurance firm. I highly recommend this company to anyone looking for stability and growth in insurance. The company also supports community initiatives, which adds to its positive reputation. I appreciate the company’s focus on employee satisfaction and career advancement. Leadership truly cares about employees.
Positive workplace. The office is modern, with amenities that make the workday comfortable. There are frequent recognition programs, which boost morale. The office environment is professional, and leadership maintains transparency. Good work recognition.
The management team is accessible and invests in employee success. Working here has been fulfilling—great leadership and a strong team spirit. Workloads are balanced, though more team-building activities would be welcome. A stable employer with standard industry benefits. I’d recommend this company to professionals seeking growth in insurance.
The benefits package is competitive, and the office culture is positive. Benefits like wellness programs and bonuses add to job satisfaction. Training programs are thorough, and there’s a strong emphasis on teamwork. The insurance industry can be demanding, but the culture here makes it manageable. There are plenty of learning opportunities, and leadership is invested in employee success. While th...
The insurance products are top-tier, making it easier to serve clients confidently. Management communicates expectations clearly, reducing uncertainty. I’ve enjoyed my time here due to the collaborative atmosphere. The company also hosts engaging team-building events, fostering camaraderie. I’d recommend this workplace to anyone in the insurance sector.

Is Beneficial Financial Group’s Pay Competitive? Salary Benchmarking Analysis

How does Beneficial Financial Group'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
BEARINGSTAR INSURANCE $95,677
+14.5%
Influenced by prevailing union wage agreements specific to BEARINGSTAR INSURANCE's sector.
BERKLEY SPECIALTY UNDERWRITING MANAGERS (A BERKLEY COMPANY) $92,527
+10.7%
Adjusted for higher cost-of-living indices in BERKLEY SPECIALTY UNDERWRITING MANAGERS (A BERKLEY COMPANY)'s primary metro hubs.
BUILDACITY $43,369
-48.1%
BUILDACITY operates with a leaner overhead structure, impacting base wage offers.
AMERICAN CAPITAL $85,251
+2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+48.2%
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.

What Is the Cost of Living Near Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at Beneficial Financial Group.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from Beneficial Financial Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Beneficial Financial Group 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) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Beneficial Financial Group

FAQ 1: What is the typical salary range (low to high) for most roles at Beneficial Financial Group?
The typical annual salary range for most roles at Beneficial Financial Group is approximately from $75,423 to $93,398. 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.
FAQ 2: How much does Beneficial Financial Group pay compared to BEARINGSTAR INSURANCE?
The average annual salary at Beneficial Financial Group is $83,574, or an hourly wage of $40, in comparison to BEARINGSTAR INSURANCE which pays $95,676 per year or $46 per hour.
FAQ 3: How does experience level affect salary at Beneficial Financial Group?
Experience level is a significant factor in determining salary at Beneficial Financial Group, 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.
FAQ 4: How can I determine if a salary offer from Beneficial Financial Group in Salt Lake City is fair given the local cost of living?
To determine if a salary offer from Beneficial Financial Group in Salt Lake City is fair, first compare the gross salary to our data for similar roles at Beneficial Financial Group and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Salt Lake City" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Beneficial Financial Group?
Several key factors influence salary levels at Beneficial Financial Group. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Beneficial Financial Group likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.