| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Dabdoub Insurance | $89,015 |
+1.8%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Chris Bernard | $90,249 |
+3.2%
|
Adjusted for higher cost-of-living indices in Chris Bernard's primary metro hubs. |
| National Benefit Advisory Inc | $99,752 |
+14.1%
|
Supported by National Benefit Advisory Inc's high-margin contracts allowing higher overhead. |
| The Meehan Agency LLC | $86,261 |
-1.4%
|
Confirms The Meehan Agency LLC is a direct competitor vying for the exact same talent pool. |
| Insurance Industry | $123,858 |
+41.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$89,015 / year
Salary Range: $78,321 - $100,648
Houma, LA
$90,249 / year
Salary Range: $79,402 - $102,039
Gilbert, AZ
$99,752 / year
Salary Range: $87,768 - $112,794
Seattle, WA
$86,261 / year
Salary Range: $75,892 - $97,527
Ocoee, FL
$89,067 / year
Salary Range: $78,367 - $100,709
Miami, FL
$86,325 / year
Salary Range: $75,957 - $97,600
Orlando, FL
$85,080 / year
Salary Range: $74,857 - $96,198
Tampa, FL
$88,540 / year
Salary Range: $77,908 - $100,112
Hollywood, FL
$86,546 / year
Salary Range: $76,149 - $97,856
Dunedin, FL
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) | $1,800 - $2,800+ | A significant portion of Med Plan salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $270 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $112.50 (Miami-Dade EASY Ticket monthly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $660 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $850+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,262 - $5,332+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Med Plan is approximately $87,443. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,937 to $98,868, depending on factors like job role, experience, and location.
The average annual salary at Med Plan is $87,443, or an hourly wage of $42, in comparison to Dabdoub Insurance which pays $89,015 per year or $43 per hour.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Med Plan for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Med Plan, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Med Plan, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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