Ries Insurance Salary

As of September 2026, the average annual salary for employees at Ries Insurance in the United States is $95,976. This translates to an approximate hourly wage of $46. Salaries at Ries Insurance typically range from $84,442 to $108,514 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ries Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Ries Insurance. Based on our data, the highest paying job is the Full Stack Engineer, with an annual salary of $108,580. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Ries Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Ries 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
Best & Rudnick Insurance $101,989
+6.3%
Reflects a supply-demand imbalance for the specific talent Best & Rudnick Insurance targets.
Nevada Dental Benefits Ltd $92,211
-3.9%
Nevada Dental Benefits Ltd focuses strategically on recruiting and training entry-level apprentices.
FairMarket Life Settlements Corp $97,442
+1.5%
Confirms FairMarket Life Settlements Corp is a direct competitor vying for the exact same talent pool.
OpenTrack $98,518
+2.6%
Suggests OpenTrack utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+29.1%
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 Ries Insurance

Considering a career at Ries 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.
The company invests in employee development, offering tuition reimbursement for relevant courses. Compensation is competitive, and benefits are comprehensive. Career growth is encouraged, and the work environment is inclusive. Processes are efficient, and the team is cooperative.
Even with a large workforce, individual contributions are recognized. The insurance industry is fast-paced, but teamwork makes it manageable. The workload is balanced, with no excessive pressure. I’ve had a very positive experience working here. Managers are approachable, and employees are encouraged to share ideas. The onboarding process was thorough, and mentorship programs are very helpful. Ove...
It’s a good place for those who prefer routine tasks with minimal surprises. Career development opportunities are plentiful, and mentorship is encouraged. Good communication from leadership.

Ries Insurance Overview

Website
www.riesfarmsllc.com
Founded In
1999
Employees
<25 employees
Industry
Insurance
Headquarter Address
3475 Vermillion St Hastings Minnesota MN 55033
Revenue
$5 Million - $10 Million
Phone Number
+1 6514376006
Social Media
About Ries Insurance
Car, auto, life, health, and business insurance in Hastings, MN Minnesota/Wisconsin Insurance. We quote multiple Insurance companies to find you the best insurance coverage for the cheapest price!!

What Benefits Does Ries Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ries 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Ries Insurance.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Ries Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Ries Insurance salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ries Insurance

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

Salary.com estimates that the average total compensation package at Ries Insurance, which can include base salary, potential bonuses, and benefits, is around $95,976 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Ries Insurance pay compared to Best & Rudnick Insurance?

The average annual salary at Ries Insurance is $95,976, or an hourly wage of $46, in comparison to Best & Rudnick Insurance which pays $101,989 per year or $49 per hour.

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

Salary progression from an entry-level to a senior role at Ries Insurance 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 Ries Insurance in Minneapolis is fair given the local cost of living?

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

5. Are promotions at Ries Insurance usually accompanied by a significant salary increase?

Yes, promotions at Ries Insurance 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.