Carl E Mellen & Co Salary

As of April 2026, the average annual salary for employees at Carl E Mellen & Co in the United States is $89,626. This translates to an approximate hourly wage of $43. Salaries at Carl E Mellen & Co typically range from $78,861 to $101,344 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Carl E Mellen & Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Carl E Mellen & Co. Based on our data, the highest paying job is the Insurance Account Executive, with an annual salary of $211,715. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Carl E Mellen & Co

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

Is Carl E Mellen & Co’s Pay Competitive? Salary Benchmarking Analysis

How does Carl E Mellen & 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
Hendrick Land & Cattle LLC $87,970
-1.8%
Suggests Hendrick Land & Cattle LLC utilizes a highly similar base-plus-benefits compensation model.
D'Brook & Company Inc $83,340
-7.0%
D'Brook & Company Inc focuses strategically on recruiting and training entry-level apprentices.
Cecil A Ross $81,146
-9.5%
Cecil A Ross likely leverages performance bonuses over the high base salary shown here.
Annuities Genius $101,809
+13.6%
Data suggests Annuities Genius's workforce skews heavily towards veteran, high-tenure roles.
Insurance Industry $123,858
+38.2%
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.

Employee Reviews: Working at Carl E Mellen & Co

Considering a career at Carl E Mellen & 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.
A top choice for insurance professionals. This company fosters a supportive culture where employees feel valued. The compensation package is strong, including bonuses and retirement contributions. For those in the insurance field, this is a great employer to consider.
Benefits like bonuses and flexible hours enhance job satisfaction. Reliable employer with standard industry practices. The company operates efficiently, and processes are well-defined. The compensation is competitive, and the benefits package is comprehensive. Compensation is fair, and there’s recognition for hard work.
Great place to work with a strong emphasis on employee satisfaction. I’d highly recommend this employer to anyone in the industry. Managers are approachable and supportive, making it easy to voice ideas. The company offers excellent training programs, and the team is supportive. It’s a suitable place for those who prefer consistency in their roles. Processes are well-documented, reducing confusion...

Carl E Mellen & Co Overview

Website
www.carlmellen.com
Founded In
1938
Employees
<25 employees
Industry
Insurance
Headquarter Address
601 W Greenwood Ave Waukegan Illinois IL 60087
Revenue
<$5 Million
Phone Number
+1 8472443500
Social Media
About Carl E Mellen & Co
Carl E. Mellen & Co. offers a broad range of insurance products. We are able to build a complete insurance package based on your individual needs. Listed below is a partial list of the coverages available to you through our agency: Commercial Lines : Workers' Compensation Liability (General, Products and Excess) Auto and Truck Property (Building, Contents, Builders Risk) Bonds Crime Equipment Pers

What Benefits Does Carl E Mellen & Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Carl E Mellen & 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 Waukegan?

Understanding the cost of living near Waukegan is key to truly evaluating a salary offer or your current compensation at Carl E Mellen & Co.
Waukegan's Cost of Living Index is approximately 92.5 (7.5% less expensive than US average; 1.4% less than IL average). Lake County city north of Chicago, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from Carl E Mellen & Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Carl E Mellen & Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,600+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Carl E Mellen & Co

1. How much does Carl E Mellen & Co in the United States pay?

Carl E Mellen & Co pays its employees an average of $89,626 per year. The average salary at Carl E Mellen & Co range from $78,861 to $101,344 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. Do Carl E Mellen & Co employees get a higher salary than its peer company?

The salary at Carl E Mellen & Co is higher than its peer company. The average annual salary at Carl E Mellen & Co is $89,626, or an hourly wage of $43, in comparison to Hendrick Land & Cattle LLC which pays $87,970 per year or $42 per hour.

3. What are the highest paying jobs at Carl E Mellen & Co?

The higher-paying job at Carl E Mellen & Co, according to our data, include Insurance Account Executive (avg. $211,715 per year), Manager, Personal Risk (avg. $105,584 per year), and Manager, Claims (avg. $103,956 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Carl E Mellen & Co?

Salary progression with years of experience at Carl E Mellen & Co is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Carl E Mellen & Co vary by office location?

Yes, it's very likely that salaries at Carl E Mellen & Co vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Waukegan section provides more context.

6. Does Carl E Mellen & Co offer good benefits?

Carl E Mellen & Co typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Carl E Mellen & Co" section on this page.