Hanks Insurance Group Salary
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Current Job Openings at Hanks Insurance Group
Is Hanks Insurance Group’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| A Ig-Associated Insurance Group | $95,428 |
+6.0%
|
Adjusted for higher cost-of-living indices in A Ig-Associated Insurance Group's primary metro hubs. |
| aaronunellMathenia Insurance Group | $93,023 |
+3.4%
|
Driven by niche technical certifications required for aaronunellMathenia Insurance Group's specialized projects. |
| Lakeland Insurance Group Inc | $93,508 |
+3.9%
|
Influenced by prevailing union wage agreements specific to Lakeland Insurance Group Inc's sector. |
| htmlMidtown Insurance Group LLC | $95,512 |
+6.1%
|
Reflects structural premiums typical of htmlMidtown Insurance Group LLC's large-cap national operations. |
| Insurance Industry | $123,858 |
+37.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Hanks Insurance Group's Salaries Compare to Similar Companies?
A Ig-Associated Insurance Group
$95,428 / year
Salary Range: $83,920 - $107,965
Maryland Heights, MO
aaronunellMathenia Insurance Group
$93,023 / year
Salary Range: $81,812 - $105,258
Saint Peters, MO
Lakeland Insurance Group Inc
$93,508 / year
Salary Range: $82,224 - $105,794
Independence, MO
htmlMidtown Insurance Group LLC
$95,512 / year
Salary Range: $83,993 - $108,062
St. Louis, MO
Brothers Insurance Group LLC
$93,424 / year
Salary Range: $82,160 - $105,709
Columbia, MO
J Insurance Group
$95,955 / year
Salary Range: $84,378 - $108,562
St. Louis, MO
Mo/ Mip/ Associated Insurance Group
$95,523 / year
Salary Range: $84,011 - $108,087
Maryland Heights, MO
MYH Insurance Group LLC
$94,826 / year
Salary Range: $83,397 - $107,294
Saint Peters, MO
Schnell Insurance Group Inc
$95,565 / year
Salary Range: $84,039 - $108,123
Saint Charles, MO
Employee Reviews: Working at Hanks Insurance Group
Hanks Insurance Group Overview
What Benefits Does Hanks Insurance Group 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) | $700 - $1,100+ | A significant portion of Hanks Insurance Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $30 (CU Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $360 - $530 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $580+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $340 - $630+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,860 - $3,060+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Hanks Insurance Group
1. What is the typical salary range (low to high) for most roles at Hanks Insurance Group?
The typical annual salary range for most roles at Hanks Insurance Group is approximately from $79,136 to $101,819. 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 Hanks Insurance Group pay compared to A Ig-Associated Insurance Group?
The average annual salary at Hanks Insurance Group is $89,995, or an hourly wage of $43, in comparison to A Ig-Associated Insurance Group which pays $95,428 per year or $46 per hour.
3. How does experience level affect salary at Hanks Insurance Group?
Experience level is a significant factor in determining salary at Hanks Insurance Group, 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.
4. How can I determine if a salary offer from Hanks Insurance Group in Springfield is fair given the local cost of living?
To determine if a salary offer from Hanks Insurance Group in Springfield is fair, first compare the gross salary to our data for similar roles at Hanks Insurance Group and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Springfield" to understand its purchasing power.
5. What are the key factors that influence salary levels at Hanks Insurance Group?
Several key factors influence salary levels at Hanks Insurance Group. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Hanks Insurance Group likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.
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