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Retirement Department Salary

Retirement Department Salary

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As of October 2026, the average hourly salary for employees at Retirement Department in the United States is $52. This translates to an approximate annual wage of $109,003. Salaries at Retirement Department typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company.
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Is Retirement Department’s Pay Competitive? Salary Benchmarking Analysis

How does Retirement Department'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
Nova Pension Valuations LLC $47
-10.5%
Nova Pension Valuations LLC likely leverages performance bonuses over the high base salary shown here.
Pension Investment Services $51
-2.3%
Suggests Pension Investment Services utilizes a highly similar base-plus-benefits compensation model.
Trustees of Hawaii Insulators Pension Trust $48
-8.2%
Trustees of Hawaii Insulators Pension Trust may offer non-monetary perks in lieu of competitive base salaries.
US Employee Benefits Services Group $46
-13.1%
Normalized for lower cost-of-living zones where US Employee Benefits Services Group primarily operates.
Insurance Industry $60
+13.6%
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 Retirement Department and Their Hourly Pay Rates

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

Employee Reviews: Working at Retirement Department

Considering a career at Retirement Department? 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 is fair, and the team works well together. The insurance industry is competitive, but the company provides the resources needed to excel. Colleagues are professional, though more team-building activities would enhance collaboration. Benefits like health coverage and performance bonuses are excellent.
Commented in April 30, 2025
41
3
Career growth opportunities are plentiful, and management is supportive. It’s a stable workplace with standard industry benefits, suitable for those who prefer a structured environment. Highly recommend for insurance professionals. Benefits are adequate. The company provides a balanced work environment with growth opportunities. The company values innovation and encourages employees to share ideas...
Commented in July 03, 2024
33
1
I love the emphasis on continuous learning here. The insurance industry can be demanding, but the company provides the tools and training needed to succeed. While growth opportunities exist, they could be more defined.
Commented in January 02, 2024
14
2

Retirement Department Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
1000 Commonwealth Ave Newton Massachusetts MA 02459
Revenue
$10 Million - $50 Million
Phone Number
+1 6177961095
Social Media
About Retirement Department
Retirement Department is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Newton, Massachusetts.

What Benefits Does Retirement Department Offer Beyond Salary?

A competitive compensation package is more than just a salary. Retirement Department 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 Newton?

Understanding the cost of living near Newton is key to truly evaluating a salary offer or your current compensation at Retirement Department.
Newton's Cost of Living Index is approximately 201.5 (101.5% more expensive than US average; 52.0% more than MA average). Affluent Boston suburb, excellent schools, extremely high housing costs. MBTA Green Line/bus. When planning your budget based on a salary from Retirement Department, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,500+ A significant portion of Retirement Department salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $530 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $650 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $470 - $900+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,830 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Retirement Department

1. What is the typical salary range (low to high) for most roles at Retirement Department?

The typical salary range for most roles at Retirement Department is approximately from $46 to $59 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 Retirement Department pay compared to Nova Pension Valuations LLC?

The average annual salary at Retirement Department is $109,003, or an hourly wage of $52, in comparison to Nova Pension Valuations LLC which pays $97,569 per year or $47 per hour.

3. How does experience level affect salary at Retirement Department?

Experience level is a significant factor in determining salary at Retirement Department, 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 Retirement Department in Newton is fair given the local cost of living?

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

5. Why might an individual's actual salary at Retirement Department differ from the ranges shown here?

An individual's actual salary at Retirement Department can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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