Local 1245 Severance Plan Salary

Local 1245 Severance Plan Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average annual salary for employees at Local 1245 Severance Plan in the United States is $110,353. This translates to an approximate hourly wage of $53. Salaries at Local 1245 Severance Plan typically range from $96,996 to $124,902 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Local 1245 Severance Plan

Ready for your next career move? Explore current job openings at Local 1245 Severance Plan. Use the search tool below to find available positions by title and location and apply directly to start your career.

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 $99,763
-9.6%
Detroitindian may offer non-monetary perks in lieu of competitive base salaries.
Todd Cowart $94,784
-14.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Jack's Fresh Market $91,377
-17.2%
Jack's Fresh Market likely leverages performance bonuses over the high base salary shown here.
LaBonne $107,452
-2.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Retail & Wholesale Industry $123,318
+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.

How Local 1245 Severance Plan's Salaries Compare to Similar Companies?

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)
Work at Local 1245 Severance Plan?
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
illustration

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. How much does a Local 1245 Severance Plan employee make?

Local 1245 Severance Plan pays its employees an average of $110,353 per year. The average salary at Local 1245 Severance Plan range from $96,996 to $124,902 per year. 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 Local 1245 Severance Plan?

The salary at Local 1245 Severance Plan is higher than the similar company. 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. Do employees with advanced degrees (Master's, PhD) earn more at Local 1245 Severance Plan?

In many roles at Local 1245 Severance Plan, 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 Jersey City affect the perceived value of a Local 1245 Severance Plan salary?

Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Local 1245 Severance Plan based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Local 1245 Severance Plan typically offer employees?

Local 1245 Severance Plan 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 Local 1245 Severance Plan" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning