David Wichmann Salary

As of April 2026, the average annual salary for employees at David Wichmann in the United States is $103,623. This translates to an approximate hourly wage of $50. Salaries at David Wichmann typically range from $91,131 to $117,244 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at David Wichmann

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Is David Wichmann’s Pay Competitive? Salary Benchmarking Analysis

How does David Wichmann'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
Healthy Contributions LLC $103,539
-0.1%
Confirms Healthy Contributions LLC is a direct competitor vying for the exact same talent pool.
Rebsamen Insurance Inc $87,654
-15.4%
Rebsamen Insurance Inc focuses strategically on recruiting and training entry-level apprentices.
Folksamerica Reinsurance Co $117,209
+13.1%
Supported by Folksamerica Reinsurance Co's high-margin contracts allowing higher overhead.
Schwarz Insurance Agency Inc $92,949
-10.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry $123,858
+19.5%
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 David Wichmann

Considering a career at David Wichmann? 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 company runs smoothly, with clear expectations. Training opportunities are plentiful, helping us stay ahead in the industry. My experience here has been decent. The work environment is positive, and management is transparent about company goals. Management is professional, and colleagues are helpful.
I’ve had opportunities to upskill through training programs, which have helped me advance in my career. Highly recommend for insurance experts looking for growth. Compensation is competitive, and benefits are comprehensive. Colleagues are collaborative, and leadership is approachable. The workload is fair, and overtime is rarely expected. The company also hosts engaging team-building events, foste...
Performance reviews are constructive, and there’s a clear path for advancement. A rewarding workplace. Colleagues are collaborative, and the environment is motivating. I’m glad to be part of this organization.
The company maintains a good reputation in the industry, which can be beneficial for career growth. The company encourages innovation, and employees are free to suggest process improvements. The work environment is inclusive, and managers are supportive of career aspirations. The company’s reputation in the insurance market is strong, and employees take pride in their work. Teams work well togethe...

David Wichmann Overview

Website
www.davewichmann.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
9900 Bren Rd E Minnetonka Minnesota MN 55343
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About David Wichmann
David Wichmann is a company that operates in the Insurance industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Minnetonka, Minnesota.

What Benefits Does David Wichmann Offer Beyond Salary?

A competitive compensation package is more than just a salary. David Wichmann 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at David Wichmann.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from David Wichmann, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of David Wichmann salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of David Wichmann

1. What is the typical salary range (low to high) for most roles at David Wichmann?

The typical annual salary range for most roles at David Wichmann is approximately from $91,131 to $117,244. 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. How much does David Wichmann pay compared to Healthy Contributions LLC?

The average annual salary at David Wichmann is $103,623, or an hourly wage of $50, in comparison to Healthy Contributions LLC which pays $103,539 per year or $50 per hour.

3. How does experience level affect salary at David Wichmann?

Experience level is a significant factor in determining salary at David Wichmann, 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.

4. How can I determine if a salary offer from David Wichmann in Minneapolis is fair given the local cost of living?

To determine if a salary offer from David Wichmann in Minneapolis is fair, first compare the gross salary to our data for similar roles at David Wichmann and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

5. What factors influence salary increases at David Wichmann?

Salary increases at David Wichmann are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.