Fallon Health Salary

As of May 2026, the average annual salary for employees at Fallon Health in the United States is $125,268. This translates to an approximate hourly wage of $60. Salaries at Fallon Health typically range from $109,990 to $142,035 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Fallon Health Pay for Different Roles?

Explore detailed salary information for specific jobs at Fallon Health. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $969,685. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Fallon Health

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

Is Fallon Health’s Pay Competitive? Salary Benchmarking Analysis

How does Fallon Health'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
Proctor Loan Protector $121,502
-3.0%
Proctor Loan Protector focuses strategically on recruiting and training entry-level apprentices.
Global Atlantic Financial Group Ltd $143,759
+14.8%
Supported by Global Atlantic Financial Group Ltd's high-margin contracts allowing higher overhead.
Encova Insurance Co $119,414
-4.7%
Typical compensation structure for smaller regional agencies like Encova Insurance Co.
Foundation Risk Partners $108,803
-13.1%
Normalized for lower cost-of-living zones where Foundation Risk Partners primarily operates.
Insurance Industry $123,858
-1.1%
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.

Employee Reviews: Working at Fallon Health

Considering a career at Fallon Health? 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.
Overall, it’s a stable workplace with reasonable expectations. I’d highly recommend it to anyone seeking stability and growth in insurance. It’s a great place to build a long-term career in the insurance industry. The benefits package is competitive, including wellness programs.
Employees are encouraged to share ideas, and leadership is receptive to feedback. The leadership team is transparent, and career growth opportunities exist for those who seek them. A good fit for those who value routine and stability in their job. Compensation is fair, with opportunities for bonuses. The company also offers tuition reimbursement, supporting further education. Work expectations are...
The insurance products are high-quality, making day-to-day work more engaging. The office environment is comfortable, though not particularly innovative. The insurance products are competitive, making client interactions smooth. The company provides a stable work environment with standard insurance industry perks.

Fallon Health Overview

Website
www.fchp.org
Founded In
1977
Employees
1,000 - 3,000 employees
Industry
Insurance
Headquarter Address
10 Chestnut St Worcester Massachusetts MA 01608
Revenue
$1B - $3B
Phone Number
+1 5087992100
Social Media
About Fallon Health
Fallon Health, founded in 1977 and headquartered in Worcester, Massachusetts, is a provider of health insurance and health care services.

What Benefits Does Fallon Health Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fallon Health 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 Worcester?

Understanding the cost of living near Worcester is key to truly evaluating a salary offer or your current compensation at Fallon Health.
Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). Central MA city, growing, more affordable than Boston area. WRTA bus, Commuter Rail. When planning your budget based on a salary from Fallon Health, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Fallon Health salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (WRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,960 - $4,610+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Fallon Health

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

The typical annual salary range for most roles at Fallon Health is approximately from $109,990 to $142,035. 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 Fallon Health pay compared to Proctor Loan Protector?

The average annual salary at Fallon Health is $125,268, or an hourly wage of $60, in comparison to Proctor Loan Protector which pays $121,502 per year or $58 per hour.

3. Do salaries differ significantly between departments at Fallon Health?

Yes, salaries often differ between departments at Fallon Health due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Fallon Health?

Experience level is a significant factor in determining salary at Fallon Health, 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.

5. How can I determine if a salary offer from Fallon Health in Worcester is fair given the local cost of living?

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

6. What factors influence salary increases at Fallon Health?

Salary increases at Fallon Health 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.