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Local 1245 Severance Plan Salary

Local 1245 Severance Plan Salary

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As of October 2026, the average hourly salary for employees at Local 1245 Severance Plan in the United States is $53. This translates to an approximate annual wage of $110,353. Salaries at Local 1245 Severance Plan typically range from $47 to $60 hourly, reflecting the diverse roles and experience levels within the company.
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Is Local 1245 Severance Plan’s Pay Competitive? Salary Benchmarking Analysis

How does Local 1245 Severance Plan'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
Detroitindian $48
-9.6%
Detroitindian may offer non-monetary perks in lieu of competitive base salaries.
Todd Cowart $46
-14.1%
Typical compensation structure for smaller regional agencies like Todd Cowart.
Jack's Fresh Market $44
-17.2%
Jack's Fresh Market likely leverages performance bonuses over the high base salary shown here.
LaBonne $52
-2.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Retail & Wholesale Industry $60
+11.7%
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.

Companies Similar to Local 1245 Severance Plan and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Local 1245 Severance Plan. Click a company name to learn more.

Employee Reviews: Working at Local 1245 Severance Plan

Considering a career at Local 1245 Severance Plan? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Management listens to employee feedback and implements positive changes. The culture is positive, the pay is competitive, and there are many chances for advancement. Well-structured training programs. Overall, it’s a rewarding place to work with opportunities for advancement.
Commented in March 04, 2025
34
2
The workload is manageable, and coworkers are easy to get along with. There’s a real sense of community here. I’ve had opportunities to grow and feel valued for my contributions. The company offers good benefits and focuses on employee satisfaction. The Retail & Wholesale sector can be demanding, but the management here ensures employees are well-supported.
Commented in January 21, 2025
35
0
The Wholesale division operates efficiently, making it a secure choice. The retail team is cohesive, and the company invests in employee growth. The employee discount program is a great perk, and the 401(k) match is a solid benefit.
Commented in November 04, 2024
24
3
I appreciate the open communication from leadership. The onboarding process is thorough, ensuring new hires feel prepared. I’ve had a positive experience and plan to stay long-term. The company maintains a structured work environment. The wholesale operations are efficient, and schedules are reliable. The company also organizes wellness programs, which show they care about employee well-being. The...
Commented in July 18, 2024
44
3
Flexible scheduling, good pay, and a friendly work environment make it a top choice in retail. Training is thorough, and expectations are reasonable. Friendly workplace with good communication from leadership. It’s a good fit for those who prefer routine in a retail setting. The pay is fair, and the company often recognizes hard work.
Commented in March 13, 2024
29
1

Local 1245 Severance Plan Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
48 Stiles Ln Pine Brook New Jersey NJ 07058
Revenue
$10 Million - $50 Million
Phone Number
+1 9732996700
Social Media
About Local 1245 Severance Plan
Local 1245 Severance Plan is a company that operates in the Insurance industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Pine Brook, New Jersey.

What Benefits Does Local 1245 Severance Plan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Local 1245 Severance Plan offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Local 1245 Severance Plan.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Local 1245 Severance Plan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Local 1245 Severance Plan salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Local 1245 Severance Plan

1. What is the typical salary range (low to high) for most roles at Local 1245 Severance Plan?

The typical salary range for most roles at Local 1245 Severance Plan is approximately from $47 to $60 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.

2. How much does Local 1245 Severance Plan pay compared to Detroitindian?

The average annual salary at Local 1245 Severance Plan is $110,353, or an hourly wage of $53, in comparison to Detroitindian which pays $99,763 per year or $48 per hour.

3. How does experience level affect salary at Local 1245 Severance Plan?

Experience level is a significant factor in determining salary at Local 1245 Severance Plan, 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 Local 1245 Severance Plan in Jersey City is fair given the local cost of living?

To determine if a salary offer from Local 1245 Severance Plan in Jersey City is fair, first compare the gross salary to our data for similar roles at Local 1245 Severance Plan and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Jersey City" to understand its purchasing power.

5. What factors influence salary increases at Local 1245 Severance Plan?

Salary increases at Local 1245 Severance Plan are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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