Salem Financial Group Salary

Salem Financial Group Salary

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As of August 2026, the average annual salary for employees at Salem Financial Group in the United States is $87,306. This translates to an approximate hourly wage of $42. Salaries at Salem Financial Group typically range from $76,580 to $98,929 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Salem Financial Group

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

Is Salem Financial Group’s Pay Competitive? Salary Benchmarking Analysis

How does Salem Financial Group'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
Life Brokerage Financial Group $86,198
-1.3%
Indicates identical technical requirements and experience levels between the two firms.
RIA Advisors LLC $88,508
+1.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Money Experience Inc $100,512
+15.1%
Data suggests Money Experience Inc's workforce skews heavily towards veteran, high-tenure roles.
Harris Bay $87,453
+0.2%
Suggests Harris Bay utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+39.2%
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 Salem Financial Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Salem Financial Group

Considering a career at Salem Financial Group? 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.
Employee feedback is acknowledged but rarely results in change. Digital tools actually enhance productivity rather than complicate it. This company trusts its employees. There’s a focus on process adherence rather than innovation.
Commented in May 30, 2025
17
3
Birthday recognitions. The onboarding process sets new hires up for success. Hiring practices promote equal opportunity. Hackathons spark creative solutions. Team leads are open to suggestions, and cross-team collaboration is encouraged. Leadership fosters open communication and encourages professional development. I felt fully integrated within weeks, not months. With employees, the company offer...
Commented in March 18, 2025
49
2
The company provides job security and competitive benefits, but growth opportunities can be heavily dependent on tenure. The technology and tools provided are up-to-date. Frontline ideas receive serious consideration. Institutional knowledge isn't siloed with individuals. Whether you’re in advisory, risk management, or technology, you’ll find challenging work and a team that supports your professi...
Commented in February 25, 2024
17
1

Salem Financial Group Overview

Website
www.salemfinancial.com
Founded In
1998
Employees
<25 employees
Industry
Financial Services
Headquarter Address
13 N Saint Clair St Toledo Ohio OH 43604
Revenue
$5 Million - $10 Million
Phone Number
+1 4192145692
Social Media
About Salem Financial Group
We understand how confusing financing a home can be. It's true that you'll sign a ton of papers, be we will find the best type of mortgage, the best rate, and we'll make sure that you won't have worries in the future. We have built a strong reputation as one of Virginia's outstanding mortgage brokerage firms serving your individual needs. Our services are used by real estate professionals, builder

What Benefits Does Salem Financial Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Salem Financial Group 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 Toledo?

Understanding the cost of living near Toledo is key to truly evaluating a salary offer or your current compensation at Salem Financial Group.
Toledo's Cost of Living Index is approximately 75.2 (24.8% less expensive than US average; 17.2% less than OH average). NW OH city, 'Glass City', very affordable. TARTA bus. When planning your budget based on a salary from Salem Financial Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,050+ A significant portion of Salem Financial Group salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (TARTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,865 - $3,005+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Salem Financial Group

1. What is the typical salary range (low to high) for most roles at Salem Financial Group?

The typical annual salary range for most roles at Salem Financial Group is approximately from $76,580 to $98,929. 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 Salem Financial Group pay compared to Life Brokerage Financial Group?

The average annual salary at Salem Financial Group is $87,306, or an hourly wage of $42, in comparison to Life Brokerage Financial Group which pays $86,198 per year or $41 per hour.

3. Do salaries differ significantly between departments at Salem Financial Group?

Yes, salaries often differ between departments at Salem Financial Group 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 Salem Financial Group?

Experience level is a significant factor in determining salary at Salem Financial Group, 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 Salem Financial Group in Toledo is fair given the local cost of living?

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

6. What factors influence salary increases at Salem Financial Group?

Salary increases at Salem Financial Group 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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