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Mourer Foster Inc Salary

Mourer Foster Inc Salary

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As of September 2026, the average annual salary for employees at Mourer Foster Inc in the United States is $89,468. This translates to an approximate hourly wage of $43. Salaries at Mourer Foster Inc typically range from $78,715 to $101,148 annually, reflecting the diverse roles and experience levels within the company.
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Is Mourer Foster Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Mourer Foster Inc'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
Carmel Insurance Agency Inc $100,048
+11.8%
Influenced by prevailing union wage agreements specific to Carmel Insurance Agency Inc's sector.
Collegiate Risk Management LLC $86,103
-3.8%
Normalized for lower cost-of-living zones where Collegiate Risk Management LLC primarily operates.
Lenz-Balder Insurance Agency Inc $84,595
-5.4%
Lenz-Balder Insurance Agency Inc may offer non-monetary perks in lieu of competitive base salaries.
PlanSource $90,154
+0.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+38.4%
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 Mourer Foster Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Mourer Foster Inc

Considering a career at Mourer Foster Inc? 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 workload is consistent, and processes are well-documented. The office space is modern and comfortable. Benefits align with industry standards, and workloads are predictable. The team is helpful, and management is fair.
Commented in April 14, 2025
10
1
While growth opportunities exist, they follow a structured path. I’m happy with my role here. The insurance sector is competitive, but this company stands out for its employee-centric policies. The company provides the necessary tools to perform tasks efficiently. Leadership is transparent, and employee contributions are recognized. The company culture is welcoming, and employees are treated with ...
Commented in November 20, 2024
21
2
The IT infrastructure is up-to-date, minimizing technical issues. Compensation is fair, with performance bonuses and annual raises. Team collaboration is encouraged, making it easy to seek help or share ideas. Supportive supervisors. The leadership team is engaged, and there are regular check-ins to ensure job satisfaction.
Commented in November 05, 2024
22
2

Mourer Foster Inc Overview

Website
www.mourerfoster.com
Founded In
1933
Employees
<25 employees
Industry
Insurance
Headquarter Address
615 N Capitol Ave Lansing Michigan MI 48933
Revenue
$5 Million - $10 Million
Phone Number
+1 5173712300
Social Media
About Mourer Foster Inc
Founded in 1933 in Lansing, Michigan, Mourer Foster offers full-service specialty insurance services. They offer specialty risk insurance like their KennalPro program, veterinarian insurance and PetrolGuard insurance, as well as business and personal insurance bonds. Mourer Foster has been a recipient of the Surety Crystal Blue Award from UFG for five years running. The award recognizes extraordin

What Benefits Does Mourer Foster Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mourer Foster Inc 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)
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What Is the Cost of Living Near Lansing?

Understanding the cost of living near Lansing is key to truly evaluating a salary offer or your current compensation at Mourer Foster Inc.
Lansing's Cost of Living Index is approximately 83.1 (16.9% less expensive than US average; 8.0% less than MI average). State capital (Michigan State Univ. nearby), affordable housing. CATA bus. When planning your budget based on a salary from Mourer Foster Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Mourer Foster Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (CATA monthly pass, free for MSU) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,010 - $3,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mourer Foster Inc

1. What is the typical salary range (low to high) for most roles at Mourer Foster Inc?

The typical annual salary range for most roles at Mourer Foster Inc is approximately from $78,715 to $101,148. 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 Mourer Foster Inc pay compared to Carmel Insurance Agency Inc?

The average annual salary at Mourer Foster Inc is $89,468, or an hourly wage of $43, in comparison to Carmel Insurance Agency Inc which pays $100,048 per year or $48 per hour.

3. Do salaries differ significantly between departments at Mourer Foster Inc?

Yes, salaries often differ between departments at Mourer Foster Inc 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 Mourer Foster Inc?

Experience level is a significant factor in determining salary at Mourer Foster Inc, 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 Mourer Foster Inc in Lansing is fair given the local cost of living?

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

6. What factors influence salary increases at Mourer Foster Inc?

Salary increases at Mourer Foster Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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