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Richard Mayer Insurance Salary

Richard Mayer Insurance Salary

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As of September 2026, the average annual salary for employees at Richard Mayer Insurance in the United States is $90,839. This translates to an approximate hourly wage of $44. Salaries at Richard Mayer Insurance typically range from $79,924 to $102,709 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Richard Mayer Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Richard Mayer Insurance. Based on our data, the highest paying job is the Manager, Business, with an annual salary of $113,896. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Richard Mayer Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Richard Mayer Insurance'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
Southern Group Insurance Agency $92,791
+2.1%
Confirms Southern Group Insurance Agency is a direct competitor vying for the exact same talent pool.
Fuerza Latina Ins $88,698
-2.4%
Indicates identical technical requirements and experience levels between the two firms.
Coordinated Claim Services $97,727
+7.6%
Supported by Coordinated Claim Services's high-margin contracts allowing higher overhead.
Sonora Insurance $88,645
-2.4%
Suggests Sonora Insurance utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+36.3%
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 Richard Mayer Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Richard Mayer Insurance

Considering a career at Richard Mayer Insurance? 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.
Coworkers are friendly, and there’s a strong sense of teamwork across departments. Team dynamics are strong, and management encourages innovation. The team is competent, and collaboration is smooth. I’d recommend this workplace to anyone in the industry.
Commented in April 18, 2025
22
1
Management listens to feedback, and work-life balance is respected. Colleagues are collaborative, and the environment is motivating. I appreciate the emphasis on work-life balance here. I appreciate the transparency and integrity of this company. Workloads are manageable, and the team is cooperative. Leadership encourages creative problem-solving, and colleagues are collaborative. The leadership t...
Commented in September 19, 2024
38
1
The insurance training programs are thorough, and career advancement is encouraged. Work-life balance is prioritized, and managers are understanding of personal needs. The insurance products are diverse, keeping the work interesting. The company invests in upskilling staff, offering certifications and courses. Benefits are excellent.
Commented in May 27, 2024
9
0

Richard Mayer Insurance Overview

Website
www.richardmayerinsurance.com
Founded In
1989
Employees
<25 employees
Industry
Insurance
Headquarter Address
3704 Windstone Dr Plano Texas TX 75023
Revenue
$5 Million - $10 Million
Phone Number
+1 9726187270
Social Media
About Richard Mayer Insurance
For over 20 years, Richard Mayer Insurance has been helping people find the right health insurance coverage - and get the most for their healthcare dollars. If you're ready to compare popular plans online, get your free quotes now. If you'd like to talk about your options, please contact us. Our service is free and it doesn't stop once you purchase a plan. You'll get our expert advice and help thr

What Benefits Does Richard Mayer Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Richard Mayer Insurance 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 Plano?

Understanding the cost of living near Plano is key to truly evaluating a salary offer or your current compensation at Richard Mayer Insurance.
Plano's Cost of Living Index is approximately 108.7 (8.7% more expensive than US average; 16.9% more than TX average). Affluent Dallas suburb, corporate HQs, excellent schools, high housing costs. DART. When planning your budget based on a salary from Richard Mayer Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Richard Mayer Insurance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,976 - $4,666+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Richard Mayer Insurance

1. What is the typical salary range (low to high) for most roles at Richard Mayer Insurance?

The typical annual salary range for most roles at Richard Mayer Insurance is approximately from $79,924 to $102,709. 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 Richard Mayer Insurance pay compared to Southern Group Insurance Agency?

The average annual salary at Richard Mayer Insurance is $90,839, or an hourly wage of $44, in comparison to Southern Group Insurance Agency which pays $92,791 per year or $45 per hour.

3. How does experience level affect salary at Richard Mayer Insurance?

Experience level is a significant factor in determining salary at Richard Mayer Insurance, 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.

4. How can I determine if a salary offer from Richard Mayer Insurance in Plano is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Richard Mayer Insurance?

Several key factors influence salary levels at Richard Mayer Insurance. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Richard Mayer Insurance likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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