Preferred Benefits Group Inc Salary

Preferred Benefits Group Inc Salary

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As of August 2026, the average annual salary for employees at Preferred Benefits Group Inc in the United States is $105,142. This translates to an approximate hourly wage of $51. Salaries at Preferred Benefits Group Inc typically range from $92,506 to $118,878 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Preferred Benefits Group Inc

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

Is Preferred Benefits Group Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Benefits Group 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
Idaho Insurance Agency LLC $83,688
-20.4%
Idaho Insurance Agency LLC operates with a leaner overhead structure, impacting base wage offers.
NetClaim $90,934
-13.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Marquis Agency $103,233
-1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Lewis-Chester Associates Inc $104,742
-0.4%
Suggests Lewis-Chester Associates Inc utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+17.8%
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 Preferred Benefits Group Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Benefits Group Inc

Considering a career at Preferred Benefits Group 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.
Colleagues are professional, though more team-building activities would enhance collaboration. Team dynamics are good, though more cross-department collaboration would be nice. There’s a good work-life balance, and career growth opportunities are clearly outlined. The insurance sector is challenging, but the team is knowledgeable and helpful.
Commented in February 13, 2025
42
3
Processes are efficient, and the company maintains a professional atmosphere. A stable choice for insurance professionals. The team is knowledgeable, and management is invested in employee success. The insurance industry can be challenging, but the support here is strong. Enjoy the daily challenges. While the role may not be highly innovative, it provides stability and learning opportunities. The ...
Commented in July 15, 2024
26
1
The collaborative culture makes problem-solving easier. Training programs are robust, ensuring employees stay updated with industry trends. Workload distribution is fair, and colleagues are easy to work with. The training programs are top-notch, helping staff stay updated on industry trends. Benefits like remote work options and health incentives make it an attractive employer.
Commented in January 11, 2024
36
3

Preferred Benefits Group Inc Overview

Website
www.pbgroup.com
Founded In
2013
Employees
<25 employees
Industry
Insurance
Headquarter Address
80 E State Rt 4 Paramus New Jersey NJ 07652
Revenue
$5 Million - $10 Million
Phone Number
+1 2015878100
Social Media
About Preferred Benefits Group Inc
In the complex and competitive world of benefits planning, Preferred Benefits Group, Inc. is a leader in designing, developing and implementing employee benefit packages for businesses. We are an independent consulting and full service insurance brokerage firm with more than 30 years experience in the employee benefits business. We service approximately 1200 corporate employee benefits accounts na

What Benefits Does Preferred Benefits Group Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Benefits Group 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 Paramus?

Understanding the cost of living near Paramus is key to truly evaluating a salary offer or your current compensation at Preferred Benefits Group Inc.
Paramus' Cost of Living Index is approximately 130.8 (30.8% more expensive than US average; 14.6% more than NJ average). Bergen County, major retail hub (no Sunday blue laws for retail), high housing costs. NJ Transit. When planning your budget based on a salary from Preferred Benefits Group Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,900+ A significant portion of Preferred Benefits Group Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $710 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $790+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,560 - $5,490+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Benefits Group Inc

1. What is the typical salary range (low to high) for most roles at Preferred Benefits Group Inc?

The typical annual salary range for most roles at Preferred Benefits Group Inc is approximately from $92,506 to $118,878. 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 Preferred Benefits Group Inc pay compared to Idaho Insurance Agency LLC?

The average annual salary at Preferred Benefits Group Inc is $105,142, or an hourly wage of $51, in comparison to Idaho Insurance Agency LLC which pays $83,688 per year or $40 per hour.

3. Do salaries differ significantly between departments at Preferred Benefits Group Inc?

Yes, salaries often differ between departments at Preferred Benefits Group 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 Preferred Benefits Group Inc?

Experience level is a significant factor in determining salary at Preferred Benefits Group 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 Preferred Benefits Group Inc in Paramus is fair given the local cost of living?

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

6. What factors influence salary increases at Preferred Benefits Group Inc?

Salary increases at Preferred Benefits Group 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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