Factel Inc Salary

Factel Inc Salary

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As of July 2026, the average annual salary for employees at Factel Inc in the United States is $89,004. This translates to an approximate hourly wage of $43. Salaries at Factel Inc typically range from $78,312 to $100,636 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Factel Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Factel Inc. Based on our data, the highest paying job is the Project Manager, with an annual salary of $94,363. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Factel Inc

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

Is Factel Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Factel Inc'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
Golden Title Agency $97,991
+10.1%
Adjusted for higher cost-of-living indices in Golden Title Agency's primary metro hubs.
Energy Insurance Mutual Ltd $87,833
-1.3%
Indicates identical technical requirements and experience levels between the two firms.
PriceMDs.com Inc $87,190
-2.0%
Suggests PriceMDs.com Inc utilizes a highly similar base-plus-benefits compensation model.
Bates Hewett & Floyd $83,667
-6.0%
Normalized for lower cost-of-living zones where Bates Hewett & Floyd primarily operates.
Insurance Industry $123,858
+39.2%
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.

How Factel Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Factel Inc

Considering a career at Factel Inc? 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.
I’d recommend this employer to anyone looking for growth in insurance. Benefits are excellent, including health and retirement plans. I’d highly recommend this employer to others. The training programs are top-notch, helping employees stay updated on industry trends. The office environment is collaborative, making it easy to ask for help when needed.
Commented in April 16, 2025
40
3
This company fosters a supportive and inclusive workplace. It’s a decent place to build experience in insurance. Managers are approachable, and the team dynamic is strong. Management listens to feedback. The work environment is collaborative, and the benefits, including wellness programs, are a big plus. The insurance industry can be complex, but the resources provided make it easier to navigate. ...
Commented in February 13, 2025
14
1
Good for those who value routine. I appreciate the opportunities for professional development, such as workshops and certifications. This company fosters a welcoming environment where employees feel valued. The leadership team is transparent about company goals, which helps employees align their efforts.
Commented in February 20, 2024
32
0

Factel Inc Overview

Website
www.factel.com
Founded In
1992
Employees
<25 employees
Industry
Insurance
Headquarter Address
6100 Boulevard of Champions North Lauderdale Florida FL 33068
Revenue
$5 Million - $10 Million
Phone Number
+1 9545643282
Social Media
About Factel Inc
Factel was created by a former insurance adjuster and claims investigator as a solution to what seemed like a never ending problem, too much work and never enough time to do it! The challenge was to find a way to deliver everyday information in a way that was easy to use -- and as quickly as possible.

What Benefits Does Factel Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Factel Inc 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 Fort Lauderdale?

Understanding the cost of living near Fort Lauderdale is key to truly evaluating a salary offer or your current compensation at Factel Inc.
Fort Lauderdale's Cost of Living Index is approximately 116.3 (16.3% more expensive than US average; 12.8% more than FL average). South FL coastal city, 'Venice of America', high housing costs, boating culture. Broward County Transit, Water Taxi, Brightline. When planning your budget based on a salary from Factel Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,700+ A significant portion of Factel Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (BCT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $830+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Factel Inc

1. How much does a Factel Inc employee make?

Factel Inc pays its employees an average of $89,004 per year. The average salary at Factel Inc range from $78,312 to $100,636 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. Which similar company tend to pay more or less than Factel Inc?

The salary at Factel Inc is lesser than the similar company. The average annual salary at Factel Inc is $89,004, or an hourly wage of $43, in comparison to Golden Title Agency which pays $97,991 per year or $47 per hour.

3. How much does a Project Manager typically earn at Factel Inc?

A Project Manager at Factel Inc typically earns an average annual base salary of around $94,363, with a general range of $85,058 to $103,225.

4. Do employees with advanced degrees (Master's, PhD) earn more at Factel Inc?

In many roles at Factel Inc, 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.

5. How does the cost of living near Fort Lauderdale affect the perceived value of a Factel Inc salary?

Fort Lauderdale's Cost of Living Index is approximately 116.3 (16.3% more expensive than US average; 12.8% more than FL average). This significantly impacts the purchasing power of a salary from Factel Inc based there. Our "Cost of Living Insights for Fort Lauderdale" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Factel Inc typically offer employees?

Factel Inc 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 Factel Inc" section on this page.

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