Central Bancorp Salary

Central Bancorp Salary

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As of May 2026, the average hourly salary for employees at Central Bancorp in the United States is $23. This translates to an approximate annual wage of $47,651. Salaries at Central Bancorp typically range from $20 to $25 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Central Bancorp Pay for Different Roles?

Explore detailed salary information for specific jobs at Central Bancorp. Based on our data, the highest paying job is the Lawn Care, with an hourly wage of $90. The table below outlines the hourly wage ranges for most popular roles within the company.

Insurance Retention Specialist

$30 / hour

Salary Range: $26 - $36

Sales

Allstate Insurance Customer Service Representative

$22 / hour

Salary Range: $20 - $25

Customer Service

Management Trainee

$32 / hour

Salary Range: $29 - $35

Automotive Repair

Insurance Sales Representative

$23 / hour

Salary Range: $20 - $26

Medical Technology

Customer Service Representative

$19 / hour

Salary Range: $18 - $22

Customer Service

Operations Manager

$56 / hour

Salary Range: $50 - $63

Operations

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Central Bancorp.
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About Central Bancorp: Company Profile

Website
www.centralbancorp.com
Founded In
2006
Employees
50 - 100 employees
Industry
Insurance
Headquarter Location
COLORADO SPRINGS
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Central Bancorp's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company maintains a strong operational structure, ensuring smooth workflows. The work environment is steady with well-defined processes. The office environment is quiet and professional.
Commented in April 04, 2025
49
0
Colleagues are professional, and the atmosphere is low-drama. The insurance products are top-tier, and working with knowledgeable colleagues enhances the experience. It’s a great place for insurance professionals looking for stability and growth. I’d recommend this company to anyone looking for stability and growth in insurance. Compensation is fair, and the company provides regular training.
Commented in February 16, 2025
47
3
Benefits meet industry expectations. The work environment is professional, and expectations are clearly communicated. The office is well-maintained, and remote work options are a plus. Team dynamics are great, and leadership is approachable. The office culture is welcoming, and there are plenty of networking opportunities. Training programs are robust, ensuring employees stay updated with industry...
Commented in January 01, 2025
27
0
The workload is predictable, which can be good for those who prefer routine. Positive experience overall. I highly recommend this employer to anyone in the insurance field. The onboarding process was smooth, and I felt supported from day one.
Commented in June 08, 2024
48
1
Work-life balance is respected, and flexible hours are a major perk. Managers are approachable and provide constructive feedback. It’s a dependable place for those who prefer consistency in their career.
Commented in January 01, 2024
20
3

How Central Bancorp's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Central Bancorp’s pay competitiveness. Click on a company for a deeper dive.

Is Central Bancorp’s Pay Competitive? Salary Benchmarking Analysis

How does Central Bancorp'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
CHARLES W WARNER $25
+9.8%
Reflects structural premiums typical of CHARLES W WARNER's large-cap national operations.
AMCO INSURANCE $21
-10.1%
Normalized for lower cost-of-living zones where AMCO INSURANCE primarily operates.
MARSHALL PALOW REALTY $26
+13.5%
Supported by MARSHALL PALOW REALTY's high-margin contracts allowing higher overhead.
GROUP BENEFIT CONSULTING $22
-4.8%
GROUP BENEFIT CONSULTING focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $60
+159.9%
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.

What Is the Cost of Living Near Colorado Springs?

Understanding the cost of living near Colorado Springs is key to truly evaluating a salary offer or your current compensation at Central Bancorp.
Colorado Springs' Cost of Living Index is approximately 100.9 (0.9% more expensive than US average; 4.2% less than CO average). Military presence (Air Force Academy, Fort Carson), housing near US avg, scenic. When planning your budget based on a salary from Central Bancorp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Central Bancorp salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MMT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,020+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Central Bancorp

FAQ 1: How much does a Central Bancorp employee make?
Central Bancorp pays its employees an average of $23 per hour. The average salary at Central Bancorp range from $20 to $25 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.
FAQ 2: Which similar company tend to pay more or less than Central Bancorp?
The salary at Central Bancorp is lesser than the similar company. The average annual salary at Central Bancorp is $47,651, or an hourly wage of $23, in comparison to CHARLES W WARNER which pays $52,329 per year or $25 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Central Bancorp?
In many roles at Central Bancorp, 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.
FAQ 4: How does the cost of living near Colorado Springs affect the perceived value of a Central Bancorp salary?
Colorado Springs' Cost of Living Index is approximately 100.9 (0.9% more expensive than US average; 4.2% less than CO average). This significantly impacts the purchasing power of a salary from Central Bancorp based there. Our "Cost of Living Insights for Colorado Springs" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Central Bancorp typically offer employees?
Central Bancorp 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 Central Bancorp" section on this page.

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