NetRate Systems Inc Salary

NetRate Systems Inc Salary

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As of April 2026, the average annual salary for employees at NetRate Systems Inc in the United States is $89,025. This translates to an approximate hourly wage of $43. Salaries at NetRate Systems Inc typically range from $78,330 to $100,661 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at NetRate Systems Inc

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

Is NetRate Systems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does NetRate Systems 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
Phenix Mutual Fire Insurance Co $95,206
+6.9%
Driven by niche technical certifications required for Phenix Mutual Fire Insurance Co's specialized projects.
MPE Employee Benefit Services Inc $82,738
-7.1%
MPE Employee Benefit Services Inc likely leverages performance bonuses over the high base salary shown here.
Burgess & Associates LLC $87,264
-2.0%
Indicates identical technical requirements and experience levels between the two firms.
Sompo Holdings Inc $110,817
+24.5%
Reflects a supply-demand imbalance for the specific talent Sompo Holdings Inc targets.
Insurance Industry $123,858
+39.1%
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 NetRate Systems Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at NetRate Systems Inc

Considering a career at NetRate Systems 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 company operates efficiently, and processes are well-structured. Satisfied with my job. While workloads can fluctuate, flexibility in scheduling helps manage priorities. The work environment is steady with well-defined processes.
Commented in April 17, 2025
22
3
I see myself growing here long-term. I appreciate the opportunities for growth here. The insurance expertise here is top-notch, making it a great place to learn and grow. Colleagues are cooperative, and management maintains an open-door policy. The training programs are excellent, helping staff develop key skills. I’d definitely recommend this workplace to others. Managers are supportive and encou...
Commented in August 05, 2024
43
2
The office environment is quiet and professional. I’ve developed valuable skills and built lasting relationships here. Communication from leadership is consistent, though more mentorship would be beneficial. The leadership team is approachable and genuinely cares about employee growth. I appreciate the focus on employee well-being and the clear communication from leadership.
Commented in May 23, 2024
18
3

NetRate Systems Inc Overview

Website
www.netrate.com
Founded In
1998
Employees
<25 employees
Industry
Insurance
Headquarter Address
3493 Woods Edge Okemos Michigan MI 48864
Revenue
$5 Million - $10 Million
Phone Number
+1 8777901114
Social Media
About NetRate Systems Inc
NetRate Systems supplies commercial lines submission, underwriting, rating, policy issuance, and data reporting and analysis solutions to the property and casualty insurance marketplace, with a focus on managing general agents (MGAs), program administrators and insurance carriers. Its solutions are designed to streamline the process of selling insurance by eliminating manual references, reducing m

What Benefits Does NetRate Systems Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. NetRate Systems 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)
Work at NetRate Systems Inc?
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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 NetRate Systems 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 NetRate Systems 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 NetRate Systems 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 NetRate Systems Inc

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

The typical annual salary range for most roles at NetRate Systems Inc is approximately from $78,330 to $100,661. 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 NetRate Systems Inc pay compared to Phenix Mutual Fire Insurance Co?

The average annual salary at NetRate Systems Inc is $89,025, or an hourly wage of $43, in comparison to Phenix Mutual Fire Insurance Co which pays $95,206 per year or $46 per hour.

3. Do salaries differ significantly between departments at NetRate Systems Inc?

Yes, salaries often differ between departments at NetRate Systems 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 NetRate Systems Inc?

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

To determine if a salary offer from NetRate Systems Inc in Lansing is fair, first compare the gross salary to our data for similar roles at NetRate Systems 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 NetRate Systems Inc?

Salary increases at NetRate Systems 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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