Barr Insurance Salary

Barr Insurance pays its employees an average of $20 per hour. The average salary at Barr Insurance range from $18 to $22 per hour. 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.

The salary at Barr Insurance is lesser than the similar company. The average annual salary at Barr Insurance is $42,030, or an hourly wage of $20, in comparison to BALLARD INSURANCE which pays $87,775 per year or $42 per hour.

In many roles at Barr Insurance, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). This significantly impacts the purchasing power of a salary from Barr Insurance based there. Our "Cost of Living Insights for Charlotte" module details this impact, helping you assess the 'real feel' value of your compensation.

Barr Insurance generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Barr Insurance" section on this page.