Olson Benefit Group LLC Salary
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Is Olson Benefit Group LLC’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Pilgrim Insurance Co | $110,153 |
+2.4%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| SterlingBridge | $101,904 |
-5.3%
|
Normalized for lower cost-of-living zones where SterlingBridge primarily operates. |
| YourLifeSolution | $104,773 |
-2.6%
|
Suggests YourLifeSolution utilizes a highly similar base-plus-benefits compensation model. |
| SupraInvest | $95,185 |
-11.5%
|
Typical compensation structure for smaller regional agencies like SupraInvest. |
| Insurance Industry | $123,858 |
+15.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Olson Benefit Group LLC's Salaries Compare to Similar Companies?
Pilgrim Insurance Co
$110,153 / year
Salary Range: $96,859 - $124,658
Boston, MA
SterlingBridge
$101,904 / year
Salary Range: $89,610 - $115,318
Worcester, MA
YourLifeSolution
$104,773 / year
Salary Range: $92,130 - $118,574
Chicago, IL
SupraInvest
$95,185 / year
Salary Range: $83,709 - $107,721
Coral Gables, FL
AGA Medicare Options
$107,590 / year
Salary Range: $94,604 - $121,756
Anaheim, CA
CCG IQ Companies
$96,303 / year
Salary Range: $84,680 - $108,977
Charlotte, NC
Aon Edge
$95,987 / year
Salary Range: $84,405 - $108,623
Dallas, TX
Aimc LLC
$96,947 / year
Salary Range: $85,248 - $109,709
Woodstock, GA
Synthesis Healthcare
$89,458 / year
Salary Range: $78,669 - $101,234
Nashville, TN
Employee Reviews: Working at Olson Benefit Group LLC
Olson Benefit Group LLC Overview
What Benefits Does Olson Benefit Group LLC Offer Beyond Salary?
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What Is the Cost of Living Near Washington?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,200 - $3,300+ | A significant portion of Olson Benefit Group LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70-200+ (WMATA SmarTrip varies by use) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $680 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $900+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,770 - $5,880+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Olson Benefit Group LLC
1. What is the estimated average total compensation at Olson Benefit Group LLC?
Salary.com estimates that the average total compensation package at Olson Benefit Group LLC, which can include base salary, potential bonuses, and benefits, is around $107,558 annually . Total compensation provides a more holistic view of an employee's earnings.
2. How much does Olson Benefit Group LLC pay compared to Pilgrim Insurance Co?
The average annual salary at Olson Benefit Group LLC is $107,558, or an hourly wage of $52, in comparison to Pilgrim Insurance Co which pays $110,153 per year or $53 per hour.
3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Olson Benefit Group LLC?
Salary progression from an entry-level to a senior role at Olson Benefit Group LLC can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
4. How can I determine if a salary offer from Olson Benefit Group LLC in Washington is fair given the local cost of living?
To determine if a salary offer from Olson Benefit Group LLC in Washington is fair, first compare the gross salary to our data for similar roles at Olson Benefit Group LLC and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Washington" to understand its purchasing power.
5. Are promotions at Olson Benefit Group LLC usually accompanied by a significant salary increase?
Yes, promotions at Olson Benefit Group LLC are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.
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