| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| FFG - Fortune Financial Group | $98,887 |
+1.8%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Galena Financial Group Ltd | $95,755 |
-1.4%
|
Suggests Galena Financial Group Ltd utilizes a highly similar base-plus-benefits compensation model. |
| Bobb Financial Group | $85,312 |
-12.2%
|
Bobb Financial Group likely leverages performance bonuses over the high base salary shown here. |
| Mylor Financial Group Inc | $85,270 |
-12.2%
|
Normalized for lower cost-of-living zones where Mylor Financial Group Inc primarily operates. |
| Financial Services Industry | $121,514 |
+25.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$98,887 / year
Salary Range: $86,687 - $112,135
Glen Ellyn, IL
$95,755 / year
Salary Range: $83,947 - $108,587
Algonquin, IL
$85,312 / year
Salary Range: $74,793 - $96,746
Chatham, IL
$85,270 / year
Salary Range: $74,756 - $96,710
Springfield, IL
$99,710 / year
Salary Range: $87,411 - $113,074
Oak Brook, IL
$97,833 / year
Salary Range: $85,771 - $110,952
Chicago, IL
$100,396 / year
Salary Range: $88,016 - $113,854
Chicago, IL
$85,312 / year
Salary Range: $74,793 - $96,746
Springfield, IL
$98,560 / year
Salary Range: $86,412 - $111,782
Chicago, IL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,000+ | A significant portion of M & K Financial Group Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | Pace bus (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $410 - $610 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $710+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,740 - $4,250+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Salary.com estimates that the average total compensation package at M & K Financial Group Inc, which can include base salary, potential bonuses, and benefits, is around $97,147 annually . Total compensation provides a more holistic view of an employee's earnings.
The average annual salary at M & K Financial Group Inc is $97,147, or an hourly wage of $47, in comparison to FFG - Fortune Financial Group which pays $98,887 per year or $48 per hour.
Salary progression from an entry-level to a senior role at M & K Financial Group Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
To determine if a salary offer from M & K Financial Group Inc in Schaumburg is fair, first compare the gross salary to our data for similar roles at M & K Financial Group Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Schaumburg" to understand its purchasing power.
Yes, promotions at M & K Financial Group Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.
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