Farber Insurance & Annuity Services Salary

As of August 2026, the average annual salary for employees at Farber Insurance & Annuity Services in the United States is $95,357. This translates to an approximate hourly wage of $46. Salaries at Farber Insurance & Annuity Services typically range from $86,062 to $106,559 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Farber Insurance & Annuity Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Farber Insurance & Annuity Services. Based on our data, the highest paying job is the Lawn Care, with an annual salary of $186,305. The table below outlines the annual salary ranges for most popular roles within the company.

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Lawn Care

$186,305 / year

Salary Range: $167,171 - $211,605

Physician

Turn Insight into Opportunity: Current Job Openings

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About Farber Insurance & Annuity Services: Company Profile

Website
www.farberinsurance.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Location
WHITEHOUSE STATION
Revenue
<$5 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Farber Insurance & Annuity Services's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It’s a good fit for those who prefer routine and stability in their roles. The office culture is collaborative, and management is approachable. I’m pleased with my experience at this company. There’s a real sense of camaraderie, making it a pleasant workplace. The work environment is inclusive, and managers are supportive of career aspirations.
The benefits package is adequate, covering essentials like health and dental. Good communication from leadership. Even with a large workforce, individual contributions are recognized. Benefits are standard for the industry, and the workload is consistent. I appreciate the emphasis on teamwork and professional development. The insurance industry can be demanding, but the company provides excellent ...
The insurance products are solid, and client interactions are straightforward. Work expectations are clear, and processes are streamlined for productivity. Workloads are balanced, though more team-building activities would be welcome. The team is cohesive, and teamwork is highly encouraged.

Is Farber Insurance & Annuity Services’s Pay Competitive? Salary Benchmarking Analysis

How does Farber Insurance & Annuity Services'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
FARMER INSURANCE $90,571
-5.0%
Reflects market rates for standard general contracting, differing from specialized roles.
FARMINGTON INSURANCE AGENCY $85,675
-10.2%
FARMINGTON INSURANCE AGENCY may offer non-monetary perks in lieu of competitive base salaries.
FALCONI MASRI INSURANCE ASSOC LLC $94,087
-1.3%
Suggests FALCONI MASRI INSURANCE ASSOC LLC utilizes a highly similar base-plus-benefits compensation model.
FAIRVIEW INSURANCE AGENCY ASSOCIATES $103,244
+8.3%
Reflects structural premiums typical of FAIRVIEW INSURANCE AGENCY ASSOCIATES's large-cap national operations.
Insurance Industry $123,858
+29.9%
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 Somerset?

Understanding the cost of living near Somerset is key to truly evaluating a salary offer or your current compensation at Farber Insurance & Annuity Services.
Somerset (Franklin Twp) Cost of Living Index is approx. 115-120. Middlesex/Somerset Co., housing above US avg. NJ Transit. When planning your budget based on a salary from Farber Insurance & Annuity Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,400+ A significant portion of Farber Insurance & Annuity Services salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 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) $3,140 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Farber Insurance & Annuity Services

FAQ 1: What is the estimated average total compensation at Farber Insurance & Annuity Services?
Salary.com estimates that the average total compensation package at Farber Insurance & Annuity Services, which can include base salary, potential bonuses, and benefits, is around $95,357 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Farber Insurance & Annuity Services pay compared to FARMER INSURANCE?
The average annual salary at Farber Insurance & Annuity Services is $95,357, or an hourly wage of $46, in comparison to FARMER INSURANCE which pays $90,571 per year or $44 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Farber Insurance & Annuity Services?
Salary progression from an entry-level to a senior role at Farber Insurance & Annuity Services can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Farber Insurance & Annuity Services in Somerset is fair given the local cost of living?
To determine if a salary offer from Farber Insurance & Annuity Services in Somerset is fair, first compare the gross salary to our data for similar roles at Farber Insurance & Annuity Services and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Somerset" to understand its purchasing power.
FAQ 5: Are promotions at Farber Insurance & Annuity Services usually accompanied by a significant salary increase?
Yes, promotions at Farber Insurance & Annuity Services are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.