Panakio Adjusters Inc Salary

Panakio Adjusters Inc Salary

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As of August 2026, the average annual salary for employees at Panakio Adjusters Inc in the United States is $100,786. This translates to an approximate hourly wage of $48. Salaries at Panakio Adjusters Inc typically range from $88,685 to $113,964 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Panakio Adjusters Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Panakio Adjusters Inc. Based on our data, the highest paying job is the Chief Operating Officer, with an annual salary of $455,122. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Panakio Adjusters Inc

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

Is Panakio Adjusters Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Panakio Adjusters 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
Robert Pehnke Corp $108,170
+7.3%
Data suggests Robert Pehnke Corp's workforce skews heavily towards veteran, high-tenure roles.
Agape Insurance Partners $89,711
-11.0%
Normalized for lower cost-of-living zones where Agape Insurance Partners primarily operates.
Romero Insurance Agency $89,320
-11.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Benefits Administration & Insurance Services LLC $99,953
-0.8%
Indicates identical technical requirements and experience levels between the two firms.
Insurance Industry $123,858
+22.9%
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 Panakio Adjusters Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Panakio Adjusters Inc

Considering a career at Panakio Adjusters 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.
I’ve had opportunities to take on new projects, which have helped me develop my skills. I’ve grown professionally and personally since joining. The company offers a structured work environment with clear expectations. Compensation is fair, and there’s recognition for hard work. Workloads are manageable, and the office environment is professional.
Commented in May 31, 2025
42
3
The workplace is organized, and processes are well-defined. The office setup is modern, and remote work options are available. Management is supportive, and career growth opportunities exist. The workload is manageable, with occasional busy periods. The office environment is welcoming, and flexible schedules are a big plus.
Commented in September 30, 2024
50
1
I appreciate the company’s commitment to innovation in insurance solutions. Consistent workflow, no major complaints. Community involvement is another highlight, with volunteer days and charity drives. Benefits like remote work and wellness programs add value. While workloads can fluctuate, flexibility in scheduling helps manage priorities. I’d recommend this workplace to insurance professionals.
Commented in May 06, 2024
24
3

Panakio Adjusters Inc Overview

Website
www.panakioadjusters.com
Founded In
1937
Employees
<25 employees
Industry
Insurance
Headquarter Address
330 Lynnway Lynn Massachusetts MA 01902
Revenue
<$5 Million
Phone Number
+1 7815927575
Social Media
About Panakio Adjusters Inc
Panakio Adjusters has been operating in Massachusetts since 1930. Founded by a contractor who is known as one of the original public adjusters in the country, Louis J. Panakio, using his expertise as a builder and a developer, began by helping friends and associates with various insurance claims. Recognizing the need to have representation against insurance companies, Mr. Panakio expanded his expe

What Benefits Does Panakio Adjusters Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Panakio Adjusters 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 Panakio Adjusters Inc?
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What Is the Cost of Living Near Lynn?

Understanding the cost of living near Lynn is key to truly evaluating a salary offer or your current compensation at Panakio Adjusters Inc.
Lynn's Cost of Living Index is approximately 123.6 (23.6% more expensive than US average; 6.8% less than MA average). North Shore city, more affordable than Boston but housing is rising. MBTA bus/Commuter Rail, Ferry. When planning your budget based on a salary from Panakio Adjusters Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,500+ A significant portion of Panakio Adjusters Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA pass varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,210 - $4,930+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Panakio Adjusters Inc

1. What is the estimated average total compensation at Panakio Adjusters Inc?

Salary.com estimates that the average total compensation package at Panakio Adjusters Inc, which can include base salary, potential bonuses, and benefits, is around $100,786 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Panakio Adjusters Inc pay compared to Robert Pehnke Corp?

The average annual salary at Panakio Adjusters Inc is $100,786, or an hourly wage of $48, in comparison to Robert Pehnke Corp which pays $108,170 per year or $52 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Panakio Adjusters Inc?

Salary progression from an entry-level to a senior role at Panakio Adjusters Inc 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 Panakio Adjusters Inc in Lynn is fair given the local cost of living?

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

5. Are promotions at Panakio Adjusters Inc usually accompanied by a significant salary increase?

Yes, promotions at Panakio Adjusters Inc 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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