Minnesota's Olmstead Plan Salary
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Current Job Openings at Minnesota's Olmstead Plan
Is Minnesota's Olmstead Plan’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Genworth Life Insurance Company of New York | $113,359 |
+10.1%
|
Influenced by prevailing union wage agreements specific to Genworth Life Insurance Company of New York's sector. |
| Minnesota Life Insurance Co | $102,664 |
-0.3%
|
Confirms Minnesota Life Insurance Co is a direct competitor vying for the exact same talent pool. |
| Medical Claims Assistance | $88,118 |
-14.5%
|
Normalized for lower cost-of-living zones where Medical Claims Assistance primarily operates. |
| Alliance Benefit Group | $97,326 |
-5.5%
|
Alliance Benefit Group may offer non-monetary perks in lieu of competitive base salaries. |
| Insurance Industry | $123,858 |
+20.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Minnesota's Olmstead Plan's Salaries Compare to Similar Companies?
Genworth Life Insurance Company of New York
$113,359 / year
Salary Range: $99,663 - $128,316
Morristown, NJ
Minnesota Life Insurance Co
$102,664 / year
Salary Range: $90,279 - $116,184
Bloomington, MN
Medical Claims Assistance
$88,118 / year
Salary Range: $77,487 - $99,722
Huntington, WV
Alliance Benefit Group
$97,326 / year
Salary Range: $85,578 - $110,135
Bingham Farms, MI
Agency Insurance Co
$100,702 / year
Salary Range: $88,547 - $113,952
Elkridge, MD
Allied Professionals Insurance Services
$96,651 / year
Salary Range: $84,992 - $109,379
Randall & Hurley Inc
$92,833 / year
Salary Range: $81,638 - $105,063
Liberty Lake, WA
Clemens Insurance
$93,972 / year
Salary Range: $82,637 - $106,343
Bloomington, IL
WHA Insurance Agency Inc
$94,753 / year
Salary Range: $83,324 - $107,233
Eugene, OR
Employee Reviews: Working at Minnesota's Olmstead Plan
Minnesota's Olmstead Plan Overview
What Benefits Does Minnesota's Olmstead Plan Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Saint Paul?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,300 - $1,900+ | A significant portion of Minnesota's Olmstead Plan salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $230 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $120 (Metro Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $420 - $620 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,750 - $4,200+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Minnesota's Olmstead Plan
1. What is the typical salary range (low to high) for most roles at Minnesota's Olmstead Plan?
The typical annual salary range for most roles at Minnesota's Olmstead Plan is approximately from $90,582 to $116,574. 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 Minnesota's Olmstead Plan pay compared to Genworth Life Insurance Company of New York?
The average annual salary at Minnesota's Olmstead Plan is $103,001, or an hourly wage of $50, in comparison to Genworth Life Insurance Company of New York which pays $113,359 per year or $54 per hour.
3. How does experience level affect salary at Minnesota's Olmstead Plan?
Experience level is a significant factor in determining salary at Minnesota's Olmstead Plan, 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.
4. How can I determine if a salary offer from Minnesota's Olmstead Plan in Saint Paul is fair given the local cost of living?
To determine if a salary offer from Minnesota's Olmstead Plan in Saint Paul is fair, first compare the gross salary to our data for similar roles at Minnesota's Olmstead Plan and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Saint Paul" to understand its purchasing power.
5. What are the key factors that influence salary levels at Minnesota's Olmstead Plan?
Several key factors influence salary levels at Minnesota's Olmstead Plan. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Minnesota's Olmstead Plan likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.
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