Where is McKesson Pension Fund located?

McKesson Pension Fund is headquartered in San Francisco, California, but may have operations in other locations within the Insurance sector.

What does McKesson Pension Fund do?

According to the company's overview, McKesson Pension Fund is a company that operates in the Financial Services industry.

What industry is McKesson Pension Fund in?

McKesson Pension Fund operates in the Insurance industry.

McKesson Pension Fund Hourly Pay Rate & Wages

McKesson Pension Fund Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Find Out My True Value Get Salary AI Insights

Salary at McKesson Pension Fund

Current Job Openings at McKesson Pension Fund

Ready for your next career move? Explore current job openings at McKesson Pension Fund. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is McKesson Pension Fund’s Pay Competitive? Salary Benchmarking Analysis

How does McKesson Pension Fund'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
Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind	$59	-9.8%	Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind operates with a leaner overhead structure, impacting base wage offers.
Envolve Inc	$50	-23.3%	Typical compensation structure for smaller regional agencies like Envolve Inc.
Quintes	$58	-10.5%	Quintes likely leverages performance bonuses over the high base salary shown here.
Pensions/ Retirement Plans Inc	$60	-7.5%	Pensions/ Retirement Plans Inc may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry	$60	-8.4%	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 McKesson Pension Fund and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at McKesson Pension Fund. Click a company name to learn more.

Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind

$59 / hour

Salary Range: $52 - $66

Flushing, NY

Envolve Inc

$50 / hour

Salary Range: $44 - $56

St. Louis, MO

Quintes

$58 / hour

Salary Range: $51 - $66

Salinas, CA

Pensions/ Retirement Plans Inc

$60 / hour

Salary Range: $53 - $68

Los Angeles, CA

Pension Funds of America Inc

$59 / hour

Salary Range: $52 - $67

Santa Monica, CA

Employees Retirement System

$52 / hour

Salary Range: $46 - $59

Austin, TX

Employee Benefit Management Services LLC

$51 / hour

Salary Range: $44 - $57

Billings, MT

City of Bloomington, Illinois

$50 / hour

Salary Range: $44 - $57

Bloomington, IL

Plans: Church Pension Group Services Corp

$63 / hour

Salary Range: $55 - $71

New York City, NY

Employee Reviews: Working at McKesson Pension Fund

Considering a career at McKesson Pension Fund? 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.

Still, it’s a reliable place to work if you’re in insurance. The company maintains a professional and efficient work environment. Managers are open to feedback and promote a positive work culture. The team is professional, and communication is generally effective. The workplace is organized, and tasks are clearly assigned.

Commented in May 05, 2025

49

0

The team is professional, though interactions are mostly task-oriented. The insurance products are well-regarded, making client interactions smooth. Salaries are competitive, and there are clear paths for advancement.

Commented in December 02, 2024

46

2

Training programs are robust, ensuring employees stay updated with industry trends. The team is collaborative, and morale is generally high. Career advancement is possible, with clear pathways for motivated individuals. It’s a good place for those who value stability over rapid advancement. The workload is manageable, and benefits are strong. The insurance industry can be complex, but the training...

Commented in July 08, 2024

12

3

The insurance industry is competitive, but the company provides the tools for success. Training programs are top-notch, and leadership is transparent. The workload is manageable, and managers are understanding about personal commitments. Great place to work with a strong emphasis on employee satisfaction.

Commented in January 07, 2024

9

1

What Benefits Does McKesson Pension Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. McKesson Pension Fund 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)

Work at McKesson Pension Fund?

Share your experience

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details

What Is the Cost of Living Near San Francisco?

Understanding the cost of living near San Francisco is key to truly evaluating a salary offer or your current compensation at McKesson Pension Fund.

San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). One of the most expensive cities globally, extreme housing costs, high transportation, and very high prices for all goods/services. When planning your budget based on a salary from McKesson Pension Fund, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$3,200 - $5,000+	A significant portion of McKesson Pension Fund salary. Location choices impact this heavily.
Utilities (Basic)	$200 - $320	Electricity, Heating, Cooling, Water etc.
Public Transportation	$81 (Muni Monthly Pass 'M')	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$550 - $850	Can be higher with more dining out or specialty stores.
Personal & Leisure	$600 - $1,200+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$450 - $850+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$5,081 - $8,221+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McKesson Pension Fund

1. How much does a McKesson Pension Fund employee make?

McKesson Pension Fund pays its employees an average of $65 per hour. The average salary at McKesson Pension Fund range from $57 to $74 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. Which similar company tend to pay more or less than McKesson Pension Fund?

The salary at McKesson Pension Fund is higher than the similar company. The average annual salary at McKesson Pension Fund is $135,267, or an hourly wage of $65, in comparison to Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind which pays $122,051 per year or $59 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at McKesson Pension Fund?

In many roles at McKesson Pension Fund, 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.

4. How does the cost of living near San Francisco affect the perceived value of a McKesson Pension Fund salary?

San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). This significantly impacts the purchasing power of a salary from McKesson Pension Fund based there. Our "Cost of Living Insights for San Francisco" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does McKesson Pension Fund typically offer employees?

McKesson Pension Fund 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 McKesson Pension Fund" section on this page.