First Choice Insurance Solutions Inc Salary
How Much Does First Choice Insurance Solutions Inc Pay for Different Roles?
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Current Job Openings at First Choice Insurance Solutions Inc
Is First Choice Insurance Solutions Inc’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| PracticeProtection Insurance Co | $87,063 |
-2.2%
|
Indicates identical technical requirements and experience levels between the two firms. |
| GCM Insurance & Risk Management LLC | $85,608 |
-3.8%
|
Normalized for lower cost-of-living zones where GCM Insurance & Risk Management LLC primarily operates. |
| The VanDyke Group | $94,594 |
+6.3%
|
Data suggests The VanDyke Group's workforce skews heavily towards veteran, high-tenure roles. |
| Ference Insurance Agency | $82,095 |
-7.8%
|
Ference Insurance Agency likely leverages performance bonuses over the high base salary shown here. |
| Insurance Industry | $123,858 |
+39.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How First Choice Insurance Solutions Inc's Salaries Compare to Similar Companies?
PracticeProtection Insurance Co
$87,063 / year
Salary Range: $76,598 - $98,441
Jacksonville, FL
GCM Insurance & Risk Management LLC
$85,608 / year
Salary Range: $75,324 - $96,795
Tampa, FL
The VanDyke Group
$94,594 / year
Salary Range: $83,232 - $106,953
Homer Glen, IL
Ference Insurance Agency
$82,095 / year
Salary Range: $72,236 - $92,820
Newberry, FL
Sarasota Health & Financial Services
$86,683 / year
Salary Range: $76,268 - $98,002
Sarasota, FL
Agent Xcelerator LLC
$85,882 / year
Salary Range: $75,553 - $97,100
Odessa, FL
Franklin Hamilton Insurance
$88,751 / year
Salary Range: $78,082 - $100,344
Delray Beach, FL
Advanced Insurance Brokerage LLC
$86,926 / year
Salary Range: $76,479 - $98,283
Brandon, FL
TelaClaims Inc
$88,730 / year
Salary Range: $78,073 - $100,331
Miami, FL
Employee Reviews: Working at First Choice Insurance Solutions Inc
First Choice Insurance Solutions Inc Overview
What Benefits Does First Choice Insurance Solutions Inc Offer Beyond Salary?
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What Is the Cost of Living Near Hollywood?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of First Choice Insurance Solutions 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) | $430 - $650 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $430 - $780+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $730+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,190 - $5,040+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of First Choice Insurance Solutions Inc
1. What is the average salary for employees at First Choice Insurance Solutions Inc?
The average annual total compensation for employees at First Choice Insurance Solutions Inc is approximately $89,015. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,321 to $100,648, depending on factors like job role, experience, and location.
2. How much does First Choice Insurance Solutions Inc pay compared to PracticeProtection Insurance Co?
The average annual salary at First Choice Insurance Solutions Inc is $89,015, or an hourly wage of $43, in comparison to PracticeProtection Insurance Co which pays $87,063 per year or $42 per hour.
3. How does having a professional certification impact salary for relevant roles at First Choice Insurance Solutions Inc?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at First Choice Insurance Solutions Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
4. Does First Choice Insurance Solutions Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Hollywood?
While some companies offer formal COLA, many, including potentially First Choice Insurance Solutions Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
5. What's the typical process for salary reviews and raises at First Choice Insurance Solutions Inc?
Most companies, likely including First Choice Insurance Solutions Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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