McLennan Companies Salary

As of August 2026, the average annual salary for employees at McLennan Companies in the United States is $95,681. This translates to an approximate hourly wage of $46. Salaries at McLennan Companies typically range from $84,094 to $108,245 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McLennan Companies Pay for Different Roles?

Explore detailed salary information for specific jobs at McLennan Companies. Based on our data, the highest paying job is the Principal, with an annual salary of $104,411. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at McLennan Companies

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

Is McLennan Companies’s Pay Competitive? Salary Benchmarking Analysis

How does McLennan Companies'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
Capitol Ohio Team $87,285
-8.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Red River Realty $86,736
-9.3%
Red River Realty likely leverages performance bonuses over the high base salary shown here.
Ocean Networks Inc $87,232
-8.8%
Ocean Networks Inc operates with a leaner overhead structure, impacting base wage offers.
Midlands Real Estate $84,785
-11.4%
Normalized for lower cost-of-living zones where Midlands Real Estate primarily operates.
Business Services Industry $120,931
+26.4%
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.

Employee Reviews: Working at McLennan Companies

Considering a career at McLennan Companies? 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 paid parental leave policy is incredibly generous. The company offers engaging challenges. Adequate for basic needs. The tools and technology we use are top-notch. It’s more than just a job; it’s a chance to make a positive impact in the business community. My role here has been steady and fairly predictable.
The company also prioritizes diversity, mental health, and employee well-being. Innovative solutions. The organization functions efficiently but may feel rigid to those seeking more creativity or flexible role structures. Managers are approachable and provide helpful feedback.
Routine work with clear instructions. The leadership genuinely listens and communicates goals clearly. Trusted leadership and fair expectations. Compensation is fair, and the benefits package is average.

McLennan Companies Overview

Website
www.mclennancos.com
Founded In
1912
Employees
<25 employees
Industry
Business Services
Headquarter Address
25 N Northwest Hwy Park Ridge Illinois IL 60068
Revenue
$5 Million - $10 Million
Phone Number
+1 8478250011
Social Media
About McLennan Companies
McLennan Companies is a full-service real estate brokerage, investment, and property management company based outside of Chicago in Park Ridge, Illinois. We connect tenants with rental properties through the Chicagoland area and help those seeking to buy or sell in the region. Our primary focus is the O'Hare Industrial Corridor, West of O'Hare Airport, Park Ridge, North Shore (Glenview, Highland P

What Benefits Does McLennan Companies Offer Beyond Salary?

A competitive compensation package is more than just a salary. McLennan Companies 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 McLennan Companies?
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.

illustration

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at McLennan Companies.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from McLennan Companies, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of McLennan Companies salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McLennan Companies

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

The typical annual salary range for most roles at McLennan Companies is approximately from $84,094 to $108,245. 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 McLennan Companies pay compared to Capitol Ohio Team?

The average annual salary at McLennan Companies is $95,681, or an hourly wage of $46, in comparison to Capitol Ohio Team which pays $87,285 per year or $42 per hour.

3. Do salaries differ significantly between departments at McLennan Companies?

Yes, salaries often differ between departments at McLennan Companies due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at McLennan Companies?

Experience level is a significant factor in determining salary at McLennan Companies, 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.

5. How can I determine if a salary offer from McLennan Companies in Chicago is fair given the local cost of living?

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

6. Why might an individual's actual salary at McLennan Companies differ from the ranges shown here?

An individual's actual salary at McLennan Companies 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.