Hoover Financial Group Salary
How Much Does Hoover Financial Group Pay for Different Roles?
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Is Hoover Financial Group’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Blue Chip Financial Inc | $87,137 |
+1.2%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Coastal Financial Planning Group | $83,076 |
-3.5%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| DHK Financial Advisors Inc | $91,557 |
+6.3%
|
Driven by niche technical certifications required for DHK Financial Advisors Inc's specialized projects. |
| Brandywine Lending | $94,732 |
+10.0%
|
Reflects structural premiums typical of Brandywine Lending's large-cap national operations. |
| Financial Services Industry | $121,514 |
+41.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Hoover Financial Group's Salaries Compare to Similar Companies?
Blue Chip Financial Inc
$87,137 / year
Salary Range: $76,433 - $98,734
Richardson, TX
Coastal Financial Planning Group
$83,076 / year
Salary Range: $72,868 - $94,137
Charleston, SC
DHK Financial Advisors Inc
$91,557 / year
Salary Range: $80,309 - $103,746
Portsmouth, NH
Brandywine Lending
$94,732 / year
Salary Range: $83,095 - $107,355
Kennett Square, PA
Alexander Investment Services
$84,690 / year
Salary Range: $74,289 - $95,966
Louisville, KY
Wincove Private Holdings LP
$105,923 / year
Salary Range: $92,918 - $120,037
New York City, NY
Atom Investors LP
$91,778 / year
Salary Range: $80,502 - $104,002
Sugar Land, TX
EverythingHR Financial Services LLC
$90,090 / year
Salary Range: $79,017 - $102,087
Rochester, MI
Wallace Equity Group LLC
$83,340 / year
Salary Range: $73,097 - $94,430
Louisville, KY
Employee Reviews: Working at Hoover Financial Group
Hoover Financial Group Overview
What Benefits Does Hoover Financial Group Offer Beyond Salary?
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What Is the Cost of Living Near Wichita?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $750 - $1,150+ | A significant portion of Hoover Financial Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (Wichita Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $370 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $580+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $350 - $650+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,960 - $3,160+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Hoover Financial Group
1. What is the estimated average total compensation at Hoover Financial Group?
Salary.com estimates that the average total compensation package at Hoover Financial Group, which can include base salary, potential bonuses, and benefits, is around $86,103 annually . Total compensation provides a more holistic view of an employee's earnings.
2. How much does Hoover Financial Group pay compared to Blue Chip Financial Inc?
The average annual salary at Hoover Financial Group is $86,103, or an hourly wage of $41, in comparison to Blue Chip Financial Inc which pays $87,137 per year or $42 per hour.
3. Do salaries differ significantly between departments at Hoover Financial Group?
Yes, salaries often differ between departments at Hoover Financial Group 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 Hoover Financial Group?
Salary progression from an entry-level to a senior role at Hoover Financial Group 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 Hoover Financial Group in Wichita is fair given the local cost of living?
To determine if a salary offer from Hoover Financial Group in Wichita is fair, first compare the gross salary to our data for similar roles at Hoover Financial Group and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Wichita" to understand its purchasing power.
6. Are promotions at Hoover Financial Group usually accompanied by a significant salary increase?
Yes, promotions at Hoover Financial Group 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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