Gilmore & Farrell Insurance Salary
How Much Does Gilmore & Farrell Insurance Pay for Different Roles?
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Current Job Openings at Gilmore & Farrell Insurance
Is Gilmore & Farrell Insurance’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Omni Agency | $110,817 |
+16.8%
|
Driven by niche technical certifications required for Omni Agency's specialized projects. |
| Dempsey Companies | $90,365 |
-4.8%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Risman Insurance Agencies | $102,062 |
+7.6%
|
Reflects a supply-demand imbalance for the specific talent Risman Insurance Agencies targets. |
| Platinum Worksite Benefits | $96,061 |
+1.2%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Insurance Industry | $123,858 |
+30.5%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Gilmore & Farrell Insurance's Salaries Compare to Similar Companies?
Omni Agency
$110,817 / year
Salary Range: $97,500 - $125,305
New York City, NY
Dempsey Companies
$90,365 / year
Salary Range: $79,503 - $102,173
Atlanta, GA
Risman Insurance Agencies
$102,062 / year
Salary Range: $89,803 - $115,403
Medford, MA
Platinum Worksite Benefits
$96,061 / year
Salary Range: $84,515 - $108,611
Hopkinton, MA
Lawler Insurance Agency
$94,457 / year
Salary Range: $83,104 - $106,794
Holyoke, MA
Bonacorso Insurance Agency Inc
$102,664 / year
Salary Range: $90,325 - $116,074
Woburn, MA
Fair Insurance & Reinsurance Brokers
$98,487 / year
Salary Range: $86,650 - $111,355
, MA
Springs Insurance
$89,363 / year
Salary Range: $78,623 - $101,039
Fort Mill, SC
Casey Insurance Group
$95,712 / year
Salary Range: $84,213 - $108,221
Annapolis, MD
Employee Reviews: Working at Gilmore & Farrell Insurance
Gilmore & Farrell Insurance Overview
What Benefits Does Gilmore & Farrell Insurance Offer Beyond Salary?
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What Is the Cost of Living Near Springfield?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,100 - $1,600+ | A significant portion of Gilmore & Farrell Insurance salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $58 (PVTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $420 - $620 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,488 - $3,868+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Gilmore & Farrell Insurance
1. What is the estimated average total compensation at Gilmore & Farrell Insurance?
Salary.com estimates that the average total compensation package at Gilmore & Farrell Insurance, which can include base salary, potential bonuses, and benefits, is around $94,890 annually . Total compensation provides a more holistic view of an employee's earnings.
2. How much does Gilmore & Farrell Insurance pay compared to Omni Agency?
The average annual salary at Gilmore & Farrell Insurance is $94,890, or an hourly wage of $46, in comparison to Omni Agency which pays $110,817 per year or $53 per hour.
3. Do salaries differ significantly between departments at Gilmore & Farrell Insurance?
Yes, salaries often differ between departments at Gilmore & Farrell Insurance 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Gilmore & Farrell Insurance?
Salary progression from an entry-level to a senior role at Gilmore & Farrell Insurance 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.
5. How can I determine if a salary offer from Gilmore & Farrell Insurance in Springfield is fair given the local cost of living?
To determine if a salary offer from Gilmore & Farrell Insurance in Springfield is fair, first compare the gross salary to our data for similar roles at Gilmore & Farrell Insurance and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Springfield" to understand its purchasing power.
6. Are promotions at Gilmore & Farrell Insurance usually accompanied by a significant salary increase?
Yes, promotions at Gilmore & Farrell Insurance 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.
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