Empower Retirement Salary

As of August 2026, the average annual salary for employees at Empower Retirement in the United States is $94,449. This translates to an approximate hourly wage of $45. Salaries at Empower Retirement typically range from $83,996 to $106,058 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Empower Retirement Pay for Different Roles?

Explore detailed salary information for specific jobs at Empower Retirement. Based on our data, the highest paying job is the Assoc Developer, with an annual salary of $128,413. The table below outlines the annual salary ranges for most popular roles within the company.

Administrative Assistant

$54,722 / year

Salary Range: $49,189 - $61,271

Administrative Assistant II

Advisory & Planning Consultant

$110,491 / year

Salary Range: $94,769 - $128,644

Account Management IV

Assistant Manager Participant Services

$118,225 / year

Salary Range: $106,432 - $131,261

Quality Assurance

Assoc Developer

$128,413 / year

Salary Range: $115,293 - $142,335

Software Development

Assoc Internal Sales Dir - Core-5

$34,484 / year

Salary Range: $31,212 - $40,354

Retail

Assoc Investor Svcs Brokerage

$83,726 / year

Salary Range: $67,854 - $97,226

Trading

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Empower Retirement.
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About Empower Retirement: Company Profile

Website
www.empower-retirement.com
Founded In
1891
Employees
3,000 - 7,500 employees
Industry
Insurance
Headquarter Location
LEAWOOD
Revenue
$1B - $3B
Phone Number
-
Social Media
About EMPOWER RETIREMENT
Empower is engaged in providing retirement plans for individuals and financial professionals.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Empower Retirement's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Benefits like health coverage and performance bonuses are appreciated. The company’s emphasis on work-life balance is commendable. The leadership team here is exceptional, fostering a positive work environment. Enjoy the collaborative culture.
While growth can be gradual, the job security is a plus. Good for long-term employment. The company invests in technology, making daily tasks more efficient. Workload varies by department. The IT infrastructure is up-to-date, minimizing technical issues. My role here has been consistent and straightforward. Leadership truly cares about employees. Work-life balance is respected, and the benefits pa...
This company fosters a supportive and inclusive workplace. Company adapts well to industry changes. The company culture is fantastic—teamwork is prioritized, and managers are supportive. Great benefits and growth opportunities make this a top choice.

Is Empower Retirement’s Pay Competitive? Salary Benchmarking Analysis

How does Empower Retirement'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
E BENEFITS $82,329
-12.8%
E BENEFITS operates with a leaner overhead structure, impacting base wage offers.
E BRADFORD PARKER INSURANCE AGENCY $45,028
-52.3%
E BRADFORD PARKER INSURANCE AGENCY likely leverages performance bonuses over the high base salary shown here.
E.H HURSH $83,810
-11.3%
Reflects market rates for standard general contracting, differing from specialized roles.
S E ALLIANCE UNDERWRITERS S.A. $75,024
-20.6%
Typical compensation structure for smaller regional agencies like S E ALLIANCE UNDERWRITERS S.A..
Insurance Industry $123,858
+31.1%
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 Kansas City?

Understanding the cost of living near Kansas City is key to truly evaluating a salary offer or your current compensation at Empower Retirement.
Kansas City, KS (KCK) Cost of Living Index is approximately 86.3 (13.7% less expensive than US average; 3.8% less than KS average). More affordable than KCMO or JoCo suburbs. RideKC. When planning your budget based on a salary from Empower Retirement, 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 Empower Retirement salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (RideKC 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 $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,110 - $3,350+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Empower Retirement

FAQ 1: How much does an Empower Retirement employee make?
Empower Retirement pays its employees an average of $94,449 per year. The average salary at Empower Retirement range from $83,996 to $106,058 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.
FAQ 2: Which similar company tend to pay more or less than Empower Retirement?
The salary at Empower Retirement is higher than the similar company. The average annual salary at Empower Retirement is $94,449, or an hourly wage of $45, in comparison to E BENEFITS which pays $82,329 per year or $40 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Empower Retirement?
In many roles at Empower Retirement, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Kansas City affect the perceived value of a Empower Retirement salary?
Kansas City, KS (KCK) Cost of Living Index is approximately 86.3 (13.7% less expensive than US average; 3.8% less than KS average). This significantly impacts the purchasing power of a salary from Empower Retirement based there. Our "Cost of Living Insights for Kansas City" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Empower Retirement typically offer employees?
Empower Retirement generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Empower Retirement" section on this page.