Where is Carpenters Pension & Annuity located?

Carpenters Pension & Annuity is headquartered in Cleveland, Ohio, but may have operations in other locations within the Insurance sector.

What does Carpenters Pension & Annuity do?

According to the company's overview, Carpenters Pension & Annuity is a company that operates in the Insurance industry.

What industry is Carpenters Pension & Annuity in?

Carpenters Pension & Annuity operates in the Insurance industry.

Carpenters Pension & Annuity Average Salary, Pay Ranges & Benefits

Carpenters Pension & Annuity Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Find Out My True Value Get Salary AI Insights

Salary at Carpenters Pension & Annuity

Current Job Openings at Carpenters Pension & Annuity

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

Is Carpenters Pension & Annuity’s Pay Competitive? Salary Benchmarking Analysis

How does Carpenters Pension & Annuity'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
Rochester Carpenters Pension Fund	$99,742	-0.2%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
National Pension Administration Corp	$111,461	+11.5%	Influenced by prevailing union wage agreements specific to National Pension Administration Corp's sector.
Repwest Insurance Co	$100,396	+0.5%	Confirms Repwest Insurance Co is a direct competitor vying for the exact same talent pool.
Starkweather & Shepley Inc	$107,336	+7.4%	Reflects a supply-demand imbalance for the specific talent Starkweather & Shepley Inc targets.
Insurance Industry	$123,858	+23.9%	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 Carpenters Pension & Annuity's Salaries Compare to Similar Companies?

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

Rochester Carpenters Pension Fund

$99,742 / year

Salary Range: $87,686 - $112,916

Rochester, NY

National Pension Administration Corp

$111,461 / year

Salary Range: $98,004 - $126,146

Melville, NY

Repwest Insurance Co

$100,396 / year

Salary Range: $88,254 - $113,647

Phoenix, AZ

Starkweather & Shepley Inc

$107,336 / year

Salary Range: $94,357 - $121,512

East Providence, RI

Bestrate Health Plans

$114,973 / year

Salary Range: $101,065 - $130,158

Anaheim, CA

Home Warranty Insurance Company, A Risk Retention Group As

$112,958 / year

Salary Range: $99,296 - $127,877

Washington, DC

Legacy Health Plan Inc

$115,374 / year

Salary Range: $101,422 - $130,609

Commerce, CA

Komfortcare Health Plan

$112,600 / year

Salary Range: $98,975 - $127,463

Long Beach, CA

EquiTrust

$105,438 / year

Salary Range: $92,707 - $119,354

Chicago, IL

Employee Reviews: Working at Carpenters Pension & Annuity

Considering a career at Carpenters Pension & Annuity? 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.

Work-life balance is good, and benefits are strong. The company offers a structured work environment with clear expectations. While there are occasional challenges, the support from management is adequate. The onboarding process was thorough, and mentorship programs are very helpful. The benefits, including health and retirement plans, are excellent. Enjoy working here. The office environment is w...

Commented in March 01, 2025

12

2

Colleagues are professional, though team bonding is minimal. The hybrid work policy is well-structured, allowing for productivity and flexibility. Management maintains a professional tone, and policies are clearly communicated. Benefits are adequate. This company stands out for its employee-centric policies.

Commented in February 22, 2025

31

3

The benefits package is competitive, and work-life balance is respected. The company offers competitive benefits and a supportive team environment. While there’s room for growth, the pace can be gradual. Management is fair and provides updates on company progress.

Commented in January 11, 2025

20

2

The team is supportive, and management values employee input. Team collaboration is strong, and innovation is encouraged. Benefits like parental leave and wellness programs are top-tier. Feels like a second family. The company offers a positive work environment with strong team dynamics.

Commented in January 06, 2024

48

1

What Benefits Does Carpenters Pension & Annuity Offer Beyond Salary?

A competitive compensation package is more than just a salary. Carpenters Pension & Annuity 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)

Work at Carpenters Pension & Annuity?

Share your experience

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details

What Is the Cost of Living Near Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Carpenters Pension & Annuity.

Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Carpenters Pension & Annuity, 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 Carpenters Pension & Annuity salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $240	Electricity, Heating, Cooling, Water etc.
Public Transportation	$95 (RTA monthly pass)	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)	$360 - $660+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,155 - $3,385+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Carpenters Pension & Annuity

1. How much does Carpenters Pension & Annuity in the United States pay?

Carpenters Pension & Annuity pays its employees an average of $99,942 per year. The average salary at Carpenters Pension & Annuity range from $87,851 to $113,135 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 Carpenters Pension & Annuity employees get a higher salary than its peer company?

The salary at Carpenters Pension & Annuity is higher than its peer company. The average annual salary at Carpenters Pension & Annuity is $99,942, or an hourly wage of $48, in comparison to Rochester Carpenters Pension Fund which pays $99,742 per year or $48 per hour.

3. How much does salary increase with years of experience at Carpenters Pension & Annuity?

Salary progression with years of experience at Carpenters Pension & Annuity 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.

4. Do salaries at Carpenters Pension & Annuity vary by office location?

Yes, it's very likely that salaries at Carpenters Pension & Annuity 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 Cleveland section provides more context.

5. Does Carpenters Pension & Annuity offer good benefits?

Carpenters Pension & Annuity 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 Carpenters Pension & Annuity" section on this page.