| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Illinois Municipal League | $87,464 |
-0.3%
|
Suggests Illinois Municipal League utilizes a highly similar base-plus-benefits compensation model. |
| CDR Benefits & Insurance Services LLC | $102,832 |
+17.2%
|
Adjusted for higher cost-of-living indices in CDR Benefits & Insurance Services LLC's primary metro hubs. |
| Allied American USA | $90,544 |
+3.2%
|
Driven by niche technical certifications required for Allied American USA's specialized projects. |
| Gaspar Insurance Services Inc | $104,109 |
+18.6%
|
Reflects structural premiums typical of Gaspar Insurance Services Inc's large-cap national operations. |
| Insurance Industry | $123,858 |
+41.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$87,464 / year
Salary Range: $76,937 - $98,929
Springfield, IL
$102,832 / year
Salary Range: $90,481 - $116,269
Long Beach, CA
$90,544 / year
Salary Range: $79,649 - $102,404
Tampa, FL
$104,109 / year
Salary Range: $91,580 - $117,744
Woodland Hills, CA
$84,827 / year
Salary Range: $74,619 - $95,942
Bangor, ME
$93,740 / year
Salary Range: $82,463 - $106,026
Westerville, OH
$106,113 / year
Salary Range: $93,349 - $120,025
District Heights, MD
$92,580 / year
Salary Range: $81,436 - $104,709
Austin, TX
$91,346 / year
Salary Range: $80,355 - $103,319
Madison, WI
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $900 - $1,400+ | A significant portion of Covenant Retirement Planners salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (TARC monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,180 - $3,500+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Covenant Retirement Planners is approximately $87,759. However, this is an aggregate figure, actual salaries can range significantly, typically from $77,194 to $99,246, depending on factors like job role, experience, and location.
The average annual salary at Covenant Retirement Planners is $87,759, or an hourly wage of $42, in comparison to Illinois Municipal League which pays $87,464 per year or $42 per hour.
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 Covenant Retirement Planners for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Covenant Retirement Planners, 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.
Most companies, likely including Covenant Retirement Planners, 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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