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Massachusetts Mutual Salary

Massachusetts Mutual Salary

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As of September 2026, the average annual salary for employees at Massachusetts Mutual in the United States is $97,949. This translates to an approximate hourly wage of $47. Salaries at Massachusetts Mutual typically range from $86,165 to $110,782 annually, reflecting the diverse roles and experience levels within the company.
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Is Massachusetts Mutual’s Pay Competitive? Salary Benchmarking Analysis

How does Massachusetts Mutual'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
Clay Greene Insurance $88,128
-10.0%
Clay Greene Insurance likely leverages performance bonuses over the high base salary shown here.
Wqut $77,960
-20.4%
Typical compensation structure for smaller regional agencies like Wqut.
Diversified Benefits Group LLC $85,629
-12.6%
Diversified Benefits Group LLC may offer non-monetary perks in lieu of competitive base salaries.
Banks Insurance Agency Inc $82,454
-15.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry $123,858
+26.5%
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 Massachusetts Mutual's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Massachusetts Mutual

Considering a career at Massachusetts Mutual? 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.
The corporate culture is professional, though some departments may feel more fast-paced than others. The leadership team is accessible, and there’s a strong focus on professional growth. The company operates efficiently, and processes are well-structured. The company offers a supportive and dynamic work environment. Compensation is fair, and there’s a good emphasis on employee wellness.
Commented in April 19, 2025
32
1
Proud to be part of this team. Overall, it’s a great place for those looking to build a long-term career in insurance. The insurance industry is fast-paced, but the team is supportive. Management provides regular updates, keeping everyone informed. Colleagues are professional, though more team-building activities would be nice. The company fosters a positive work environment where employees feel v...
Commented in February 14, 2025
49
0
Management is competent, though not overly innovative. The office atmosphere is welcoming, and remote work flexibility is a plus. I’m glad to be part of this team. A forward-thinking insurance firm.
Commented in October 17, 2024
37
3
The insurance industry is complex, but the training programs prepare us well. The pay is competitive, and bonuses reflect performance fairly. Compensation is competitive, making it a rewarding workplace.
Commented in June 16, 2024
35
3
The company also promotes from within, which is motivating. Overall, it’s a stable and rewarding place to build a career in the insurance industry. While innovation isn’t rapid, processes are reliable. The workload is fair, and overtime is rarely expected. Competitive pay and good benefits.
Commented in February 20, 2024
27
2

Massachusetts Mutual Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
4301 S Pine St Tacoma Washington WA 98409
Revenue
<$5 Million
Phone Number
+1 2536209536
Social Media
About Massachusetts Mutual
Massachusetts Mutual is a company that operates in the Financial Services industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Tacoma, Washington.

What Benefits Does Massachusetts Mutual Offer Beyond Salary?

A competitive compensation package is more than just a salary. Massachusetts Mutual 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 Massachusetts Mutual?
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What Is the Cost of Living Near Tacoma?

Understanding the cost of living near Tacoma is key to truly evaluating a salary offer or your current compensation at Massachusetts Mutual.
Tacoma's Cost of Living Index is approximately 110.5 (10.5% more expensive than US average; 1.0% less than WA average). South of Seattle, port city, housing more affordable than Seattle but rising. Pierce Transit, Sound Transit. When planning your budget based on a salary from Massachusetts Mutual, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Massachusetts Mutual salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $99 (ORCA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,849 - $4,319+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Massachusetts Mutual

1. How much does a Massachusetts Mutual employee make?

Massachusetts Mutual pays its employees an average of $97,949 per year. The average salary at Massachusetts Mutual range from $86,165 to $110,782 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 Massachusetts Mutual?

The salary at Massachusetts Mutual is higher than the similar company. The average annual salary at Massachusetts Mutual is $97,949, or an hourly wage of $47, in comparison to Clay Greene Insurance which pays $88,128 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Massachusetts Mutual?

In many roles at Massachusetts Mutual, 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 Tacoma affect the perceived value of a Massachusetts Mutual salary?

Tacoma's Cost of Living Index is approximately 110.5 (10.5% more expensive than US average; 1.0% less than WA average). This significantly impacts the purchasing power of a salary from Massachusetts Mutual based there. Our "Cost of Living Insights for Tacoma" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Massachusetts Mutual typically offer employees?

Massachusetts Mutual 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 Massachusetts Mutual" section on this page.

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