Salary AI Book a Demo
McDermid Financial Group Salary

McDermid Financial Group 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 October 2026, the average annual salary for employees at McDermid Financial Group in the United States is $84,753. This translates to an approximate hourly wage of $41. Salaries at McDermid Financial Group typically range from $74,344 to $96,039 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McDermid Financial Group Pay for Different Roles?

Explore detailed salary information for specific jobs at McDermid Financial Group. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $656,064. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is McDermid Financial Group’s Pay Competitive? Salary Benchmarking Analysis

How does McDermid Financial Group'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
1West $107,368
+26.7%
Data suggests 1West's workforce skews heavily towards veteran, high-tenure roles.
Marketing Small Business Finance Corp $88,234
+4.1%
Adjusted for higher cost-of-living indices in Marketing Small Business Finance Corp's primary metro hubs.
Escrow Today $98,645
+16.4%
Driven by niche technical certifications required for Escrow Today's specialized projects.
Prissma $97,537
+15.1%
Influenced by prevailing union wage agreements specific to Prissma's sector.
Financial Services Industry $121,514
+43.4%
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.

How McDermid Financial Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at McDermid Financial Group

Considering a career at McDermid Financial Group? 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.
Corporate communications are professional yet engaging. Everyone contributes and feels heard. Working here has exceeded my expectations. I'm proud to represent a company with such strong moral principles.
Commented in April 09, 2025
11
0
The culture can feel hierarchical, limiting open dialogue between employees and management. Everyone is willing to lend a hand or share expertise, which cultivates a positive and highly productive atmosphere. Everyone has clearly defined roles and boundaries.
Commented in October 21, 2024
25
0
It’s fulfilling to contribute to impactful financial solutions in such a supportive environment. The culture emphasizes teamwork and open communication, making collaboration enjoyable. The financial services firm invests heavily in employee training and career development. These moments of recognition boost morale. Leadership tends to follow traditional approaches, decision-making. Transfer reques...
Commented in October 10, 2024
23
1

McDermid Financial Group Overview

Website
www.mcdermidfinancialgroup.com
Founded In
2007
Employees
<25 employees
Industry
Financial Services
Headquarter Address
37 Franklin St Buffalo New York NY 14202
Revenue
<$5 Million
Phone Number
+1 7168433100
Social Media
About McDermid Financial Group
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not

What Benefits Does McDermid Financial Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. McDermid Financial Group 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 McDermid Financial Group?
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 Buffalo?

Understanding the cost of living near Buffalo is key to truly evaluating a salary offer or your current compensation at McDermid Financial Group.
Buffalo's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 36.4% less than NY average). Western NY city, very affordable housing, revitalizing. NFTA Metro Bus/Rail. When planning your budget based on a salary from McDermid Financial Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of McDermid Financial Group salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $75 (NFTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,215 - $3,555+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McDermid Financial Group

1. How much does McDermid Financial Group in the United States pay?

McDermid Financial Group pays its employees an average of $84,753 per year. The average salary at McDermid Financial Group range from $74,344 to $96,039 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. Do McDermid Financial Group employees get a higher salary than its peer company?

The salary at McDermid Financial Group is lesser than its peer company. The average annual salary at McDermid Financial Group is $84,753, or an hourly wage of $41, in comparison to 1West which pays $107,368 per year or $52 per hour.

3. How much does salary increase with years of experience at McDermid Financial Group?

Salary progression with years of experience at McDermid Financial Group is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at McDermid Financial Group vary by office location?

Yes, it's very likely that salaries at McDermid Financial Group vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Buffalo section provides more context.

5. Does McDermid Financial Group offer good benefits?

McDermid Financial Group typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at McDermid Financial Group" 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