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Olson Insurance Agency Salary

Olson Insurance Agency Salary

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As of September 2026, the average annual salary for employees at Olson Insurance Agency in the United States is $99,236. This translates to an approximate hourly wage of $48. Salaries at Olson Insurance Agency typically range from $87,310 to $112,208 annually, reflecting the diverse roles and experience levels within the company.
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Is Olson Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Olson Insurance Agency'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
PBI Group LLC $99,299
+0.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Hertel McClendon LLP $87,496
-11.8%
Typical compensation structure for smaller regional agencies like Hertel McClendon LLP.
Leonard Insurance Agency Inc $83,129
-16.2%
Leonard Insurance Agency Inc focuses strategically on recruiting and training entry-level apprentices.
Lawton Insurance Agency $85,766
-13.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry $123,858
+24.8%
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 Olson Insurance Agency's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Olson Insurance Agency

Considering a career at Olson Insurance Agency? 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.
A dependable choice for those seeking a steady corporate career. It’s a rewarding place to grow your career. A fantastic workplace for insurance professionals. The insurance industry can be complex, but the training here is excellent. Colleagues are respectful, and the office environment is comfortable.
Commented in April 23, 2025
39
0
Colleagues are always willing to help, creating a strong team dynamic. The company also engages in meaningful corporate social responsibility efforts. Flexible hours and remote options add to the job satisfaction. I’ve had the chance to work on meaningful projects that impact clients positively. Highly recommend for anyone seeking a stable yet dynamic insurance career. The office environment is we...
Commented in June 23, 2024
32
0
I appreciate the company’s commitment to employee growth. Overall, it’s a stable and rewarding place to build a career. There are occasional training sessions, though more development opportunities would be beneficial. A great place to advance professionally. Fair compensation.
Commented in January 16, 2024
45
0

Olson Insurance Agency Overview

Website
www.theolsonagency.com
Founded In
1973
Employees
<25 employees
Industry
Insurance
Headquarter Address
7210 Old Keene Mill Rd Springfield Virginia VA 22150
Revenue
<$5 Million
Phone Number
+1 7037682020
Social Media
About Olson Insurance Agency
The Olson Insurance has been assisting hundreds of businesses and thousands of families for over 33 years. Based in Arlington, VA, The Olson Agency help clients in all of Virginia, DC, Maryland and surrounding states. The agency uses their relationships with multiple different carriers to ensure their clients are receiving the coverage they need at the most competitive prices possible. Whether it'

What Benefits Does Olson Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Olson Insurance Agency 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 Olson Insurance Agency?
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What Is the Cost of Living Near Washington?

Understanding the cost of living near Washington is key to truly evaluating a salary offer or your current compensation at Olson Insurance Agency.
Washington D.C.'s Cost of Living Index is approximately 148.7 (48.7% more expensive than US average). Nation's capital, very high housing costs, extensive public transit (WMATA), high overall expenses. When planning your budget based on a salary from Olson Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,300+ A significant portion of Olson Insurance Agency 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 Insurance Agency

1. What is the estimated average total compensation at Olson Insurance Agency?

Salary.com estimates that the average total compensation package at Olson Insurance Agency, which can include base salary, potential bonuses, and benefits, is around $99,236 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Olson Insurance Agency pay compared to PBI Group LLC?

The average annual salary at Olson Insurance Agency is $99,236, or an hourly wage of $48, in comparison to PBI Group LLC which pays $99,299 per year or $48 per hour.

3. Do salaries differ significantly between departments at Olson Insurance Agency?

Yes, salaries often differ between departments at Olson Insurance Agency 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Olson Insurance Agency?

Salary progression from an entry-level to a senior role at Olson Insurance Agency 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.

5. How can I determine if a salary offer from Olson Insurance Agency in Washington is fair given the local cost of living?

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

6. Are promotions at Olson Insurance Agency usually accompanied by a significant salary increase?

Yes, promotions at Olson Insurance Agency 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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