Raffa PLC Salary

As of April 2026, the average annual salary for employees at Raffa PLC in the United States is $119,150. This translates to an approximate hourly wage of $57. Salaries at Raffa PLC typically range from $104,712 to $134,913 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Raffa PLC

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Is Raffa PLC’s Pay Competitive? Salary Benchmarking Analysis

How does Raffa PLC'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
Omegainsuranceelpaso $95,175
-20.1%
Normalized for lower cost-of-living zones where Omegainsuranceelpaso primarily operates.
Markel Ltd $96,303
-19.2%
Markel Ltd focuses strategically on recruiting and training entry-level apprentices.
Generali Group $128,622
+7.9%
Reflects a supply-demand imbalance for the specific talent Generali Group targets.
Chubb Underwriting Agencies Ltd $114,404
-4.0%
Chubb Underwriting Agencies Ltd may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+4.0%
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.

Employee Reviews: Working at Raffa PLC

Considering a career at Raffa PLC? 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 benefits are standard for the industry, and the office environment is comfortable. Strong ethics and employee-focused policies. It is dynamic, it’s a reliable employer with reasonable expectations. This company excels in employee engagement and career growth. The insurance industry can be demanding, but the supportive team makes it manageable.
I see myself growing here long-term. The team is competent, though collaboration varies by department. Employee wellness programs, including mental health resources, are a great benefit. Highly recommend joining this organization. What stands out here is the sense of community.
It’s a great place to work for those passionate about the insurance field. The team is professional, and workloads are predictable. The company provides clear expectations, making it easy to perform tasks efficiently. Training is thorough, and processes are documented well. The HR team organizes regular wellness programs, which adds to the positive work environment. The company provides a standard...
This company values its employees and provides ample training programs. The insurance products are top-notch, and client service is a focus. The workplace is organized, and processes are well-defined. The insurance training programs are excellent, and career advancement is encouraged. The benefits, including health, dental, and vision coverage, are above average.

Raffa PLC Overview

Website
www.raffafinancial.com
Founded In
2020
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
1445 Research Blvd Rockville Maryland MD 20850
Revenue
$50 Million - $200 Million
Phone Number
+1 2404032540
Social Media
About Raffa PLC
Raffa Retirement Services was founded in 1999 and operates out of Rockville, MD. Raffa Retirement Services provides comprehensive employer retirement plan advisory services, focusing on fiduciary best practices, investment due diligence, plan design optimization and employee education.

What Benefits Does Raffa PLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Raffa PLC 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 Rockville?

Understanding the cost of living near Rockville is key to truly evaluating a salary offer or your current compensation at Raffa PLC.
Rockville's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 17.3% more than MD average). Montgomery County seat, affluent, high housing costs. Ride On bus, Metro Red Line. When planning your budget based on a salary from Raffa PLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of Raffa PLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On pass, Metro extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,465 - $5,435+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Raffa PLC

1. What is the estimated average total compensation at Raffa PLC?

Salary.com estimates that the average total compensation package at Raffa PLC, which can include base salary, potential bonuses, and benefits, is around $119,150 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Raffa PLC pay compared to Omegainsuranceelpaso?

The average annual salary at Raffa PLC is $119,150, or an hourly wage of $57, in comparison to Omegainsuranceelpaso which pays $95,175 per year or $46 per hour.

3. Do salaries differ significantly between departments at Raffa PLC?

Yes, salaries often differ between departments at Raffa PLC 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 Raffa PLC?

Salary progression from an entry-level to a senior role at Raffa PLC 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 Raffa PLC in Rockville is fair given the local cost of living?

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

6. Are promotions at Raffa PLC usually accompanied by a significant salary increase?

Yes, promotions at Raffa PLC 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.