Farber Insurance & Annuity Services Salary

As of October 2026, the average hourly salary for employees at Farber Insurance & Annuity Services in the United States is $46. This translates to an approximate annual wage of $95,357. Salaries at Farber Insurance & Annuity Services typically range from $41 to $51 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Farber Insurance & Annuity Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Farber Insurance & Annuity Services. 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.

Allstate Insurance Customer Service Representative

$22 / hour

Salary Range: $20 - $25

Customer Service

Insurance Retention Specialist

$30 / hour

Salary Range: $26 - $36

Sales

Insurance Sales Representative

$23 / hour

Salary Range: $20 - $26

Medical Technology

Management Trainee

$32 / hour

Salary Range: $29 - $35

Automotive Repair

Customer Service Representative

$19 / hour

Salary Range: $18 - $22

Customer Service

Lawn Care

$90 / hour

Salary Range: $80 - $102

Physician

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Farber Insurance & Annuity Services.
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About Farber Insurance & Annuity Services: Company Profile

Website
www.farberinsurance.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Location
WHITEHOUSE STATION
Revenue
<$5 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 Farber Insurance & Annuity Services's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It’s a good fit for those who prefer routine and stability in their roles. The office culture is collaborative, and management is approachable. I’m pleased with my experience at this company. There’s a real sense of camaraderie, making it a pleasant workplace. The work environment is inclusive, and managers are supportive of career aspirations.
The benefits package is adequate, covering essentials like health and dental. Good communication from leadership. Even with a large workforce, individual contributions are recognized. Benefits are standard for the industry, and the workload is consistent. I appreciate the emphasis on teamwork and professional development. The insurance industry can be demanding, but the company provides excellent ...
The insurance products are solid, and client interactions are straightforward. Work expectations are clear, and processes are streamlined for productivity. Workloads are balanced, though more team-building activities would be welcome. The team is cohesive, and teamwork is highly encouraged.

Is Farber Insurance & Annuity Services’s Pay Competitive? Salary Benchmarking Analysis

How does Farber Insurance & Annuity Services'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
FARMER INSURANCE $44
-5.0%
FARMER INSURANCE may offer non-monetary perks in lieu of competitive base salaries.
FARMINGTON INSURANCE AGENCY $41
-10.2%
Typical compensation structure for smaller regional agencies like FARMINGTON INSURANCE AGENCY.
FALCONI MASRI INSURANCE ASSOC LLC $45
-1.3%
Confirms FALCONI MASRI INSURANCE ASSOC LLC is a direct competitor vying for the exact same talent pool.
FAIRVIEW INSURANCE AGENCY ASSOCIATES $50
+8.3%
Influenced by prevailing union wage agreements specific to FAIRVIEW INSURANCE AGENCY ASSOCIATES's sector.
Insurance Industry $60
+29.9%
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 Somerset?

Understanding the cost of living near Somerset is key to truly evaluating a salary offer or your current compensation at Farber Insurance & Annuity Services.
Somerset (Franklin Twp) Cost of Living Index is approx. 115-120. Middlesex/Somerset Co., housing above US avg. NJ Transit. When planning your budget based on a salary from Farber Insurance & Annuity Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,400+ A significant portion of Farber Insurance & Annuity Services salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,140 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Farber Insurance & Annuity Services

FAQ 1: What is the average salary for employees at Farber Insurance & Annuity Services?
The average total compensation for employees at Farber Insurance & Annuity Services is approximately $46 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $41 to $51 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Farber Insurance & Annuity Services pay compared to FARMER INSURANCE?
The average annual salary at Farber Insurance & Annuity Services is $95,357, or an hourly wage of $46, in comparison to FARMER INSURANCE which pays $90,571 per year or $44 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Farber Insurance & Annuity Services?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Farber Insurance & Annuity Services for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Farber Insurance & Annuity Services offer cost-of-living adjustments (COLA) for employees in high-cost areas like Somerset?
While some companies offer formal COLA, many, including potentially Farber Insurance & Annuity Services, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at Farber Insurance & Annuity Services?
Most companies, likely including Farber Insurance & Annuity Services, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.