| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Better Choice Insurance | $85,808 |
+1.2%
|
Confirms Better Choice Insurance is a direct competitor vying for the exact same talent pool. |
| Bebis Insurance Services Inc | $96,388 |
+13.7%
|
Supported by Bebis Insurance Services Inc's high-margin contracts allowing higher overhead. |
| Sailor & Associates Insurance | $89,173 |
+5.1%
|
Reflects a supply-demand imbalance for the specific talent Sailor & Associates Insurance targets. |
| California Broker Magazine | $102,843 |
+21.3%
|
Adjusted for higher cost-of-living indices in California Broker Magazine's primary metro hubs. |
| Insurance Industry | $123,858 |
+46.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$85,808 / year
Salary Range: $75,498 - $97,027
Concord, NC
$96,388 / year
Salary Range: $84,808 - $108,989
Lakeville, MA
$89,173 / year
Salary Range: $78,458 - $100,831
St. Louis, MO
$102,843 / year
Salary Range: $90,490 - $116,281
Burbank, CA
$88,107 / year
Salary Range: $77,523 - $99,624
Rock Hill, SC
$90,322 / year
Salary Range: $79,466 - $102,124
Stone Mountain, GA
$94,626 / year
Salary Range: $83,260 - $107,001
Lansdale, PA
$91,314 / year
Salary Range: $80,346 - $103,246
Lakewood, CO
$100,649 / year
Salary Range: $88,556 - $113,806
Newport Beach, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,500 - $2,200+ | A significant portion of RiskMD LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $270 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (LYNX monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $410 - $600 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,800 - $4,420+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at RiskMD LLC is approximately $84,806. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,619 to $95,881, depending on factors like job role, experience, and location.
The average annual salary at RiskMD LLC is $84,806, or an hourly wage of $41, in comparison to Better Choice Insurance which pays $85,808 per year or $41 per hour.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at RiskMD LLC for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially RiskMD LLC, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including RiskMD LLC, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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