Salary AI Book a Demo
First Managed Care Option Inc Salary

First Managed Care Option Inc Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at First Managed Care Option Inc in the United States is $110,437. This translates to an approximate hourly wage of $53. Salaries at First Managed Care Option Inc typically range from $97,115 to $124,975 annually, reflecting the diverse roles and experience levels within the company.

How Much Does First Managed Care Option Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at First Managed Care Option Inc. Based on our data, the highest paying job is the Chief Information Officer, with an annual salary of $334,604. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is First Managed Care Option Inc’s Pay Competitive? Salary Benchmarking Analysis

How does First Managed Care Option 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
United States Corporation Agents Inc $112,663
+2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Avery W Hall Insurance Agency Inc $103,919
-5.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Hawaii Employers' Mutual Insurance Co $101,693
-7.9%
Hawaii Employers' Mutual Insurance Co may offer non-monetary perks in lieu of competitive base salaries.
Roadway Insurance Inc $108,064
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
Insurance Industry $123,858
+12.2%
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 First Managed Care Option Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at First Managed Care Option Inc

Considering a career at First Managed Care Option 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.
The benefits, including stock options and health plans, are outstanding. Benefits are excellent. I’ve been with this insurance company for several years, and it’s been a positive journey. The benefits, including health and retirement plans, are excellent.
Commented in February 26, 2025
22
1
The office environment is comfortable, and hybrid options are available. Colleagues are generally cooperative, and there’s minimal turnover in my department. A great place to grow and thrive. Colleagues are cooperative, and leadership communicates well. Joining this insurance firm was one of the best career decisions I’ve made. Overall, it’s a stable and rewarding place to build a career in the in...
Commented in October 14, 2024
38
3
The insurance industry is demanding, but the team makes it manageable. Managers are supportive, and teamwork is emphasized. This company offers a steady career path in insurance.
Commented in January 12, 2024
16
2

First Managed Care Option Inc Overview

Website
www.firstmco.com
Founded In
1977
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
2740 State Rte 10 Morris Plains New Jersey NJ 07950
Revenue
$10 Million - $50 Million
Phone Number
+1 9732575200
Social Media
About First Managed Care Option Inc
First MCO is a full-service managed care organization providing medical cost containment services for workers' compensation programs, auto insurers, and group health. With more than 30 years in the industry, we help insurance companies, insurance funds, third-party administrators, and self-insured employers manage their costs, associated with workers' compensation and other medical claims. Among o

What Benefits Does First Managed Care Option Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Managed Care Option 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)
Work at First Managed Care Option Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at First Managed Care Option Inc.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from First Managed Care Option Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of First Managed Care Option Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Managed Care Option Inc

1. What is the average salary for employees at First Managed Care Option Inc?

The average annual total compensation for employees at First Managed Care Option Inc is approximately $110,437. However, this is an aggregate figure, actual salaries can range significantly, typically from $97,115 to $124,975, depending on factors like job role, experience, and location.

2. How much does First Managed Care Option Inc pay compared to United States Corporation Agents Inc?

The average annual salary at First Managed Care Option Inc is $110,437, or an hourly wage of $53, in comparison to United States Corporation Agents Inc which pays $112,663 per year or $54 per hour.

3. What is the lowest salary at First Managed Care Option Inc?

The lowest-paying job at First Managed Care Option Inc is a Manager, Marketing with a salary of $120,291 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at First Managed Care Option 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 Managed Care Option Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does First Managed Care Option Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Jersey City?

While some companies offer formal COLA, many, including potentially First Managed Care Option 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.

6. What's the typical process for salary reviews and raises at First Managed Care Option Inc?

Most companies, likely including First Managed Care Option 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.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning