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Schmidt Insurance Group Salary

Schmidt Insurance Group Salary

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As of September 2026, the average annual salary for employees at Schmidt Insurance Group in the United States is $90,027. This translates to an approximate hourly wage of $43. Salaries at Schmidt Insurance Group typically range from $79,210 to $101,795 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Schmidt Insurance Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Schmidt Insurance Group. Based on our data, the highest paying job is the Paralegal, with an annual salary of $75,288. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Schmidt Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Schmidt Insurance 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
Jensen Insurance Agency $78,266
-13.1%
Jensen Insurance Agency may offer non-monetary perks in lieu of competitive base salaries.
Welis LLC $96,841
+7.6%
Influenced by prevailing union wage agreements specific to Welis LLC's sector.
White Glove Enrollment Services LLC $88,930
-1.2%
Suggests White Glove Enrollment Services LLC utilizes a highly similar base-plus-benefits compensation model.
Phocus Insurance $89,932
-0.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+37.6%
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 Schmidt Insurance Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Schmidt Insurance Group

Considering a career at Schmidt Insurance 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.
Career growth opportunities are abundant, with mentorship programs and skill-building initiatives. Highly recommend for professionals seeking stability in insurance. Benefits are standard, and the work environment is low-stress. Overall, it’s a fantastic place to grow in the insurance industry. The company fosters a culture of innovation and teamwork.
Commented in May 03, 2025
14
1
Benefits like health coverage and bonuses are excellent. Career growth opportunities are available, and the benefits package is strong. Compensation is competitive, and benefits like health insurance and bonuses are appreciated. A great environment for ambitious professionals. The company fosters a culture of respect and recognition. Great learning opportunities and friendly coworkers. The trainin...
Commented in December 18, 2024
9
1
I’ve enjoyed my time here due to the strong company culture and focus on employee satisfaction. While there’s room for growth, the pace can be gradual. The company also prioritizes diversity and inclusion, creating a welcoming atmosphere. Compensation is fair, and flexible work options are a plus.
Commented in March 18, 2024
47
3

Schmidt Insurance Group Overview

Website
www.schmidtig.com
Founded In
1979
Employees
<25 employees
Industry
Insurance
Headquarter Address
3521 E Indian School Rd Phoenix Arizona AZ 85018
Revenue
<$5 Million
Phone Number
+1 6028006811
Social Media
About Schmidt Insurance Group
Schmidt Insurance Group is a company that operates in the Insurance industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Phoenix, Arizona.

What Benefits Does Schmidt Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schmidt Insurance 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 Phoenix?

Understanding the cost of living near Phoenix is key to truly evaluating a salary offer or your current compensation at Schmidt Insurance Group.
Phoenix's Cost of Living Index is approximately 103.7 (3.7% more expensive than US average; 0.5% more than AZ average). Housing costs are the primary driver for being above US average, along with transportation. When planning your budget based on a salary from Schmidt Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Schmidt Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $64 (Valley Metro Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,664 - $4,244+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schmidt Insurance Group

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

The typical annual salary range for most roles at Schmidt Insurance Group is approximately from $79,210 to $101,795. 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 Schmidt Insurance Group pay compared to Jensen Insurance Agency?

The average annual salary at Schmidt Insurance Group is $90,027, or an hourly wage of $43, in comparison to Jensen Insurance Agency which pays $78,266 per year or $38 per hour.

3. Do salaries differ significantly between departments at Schmidt Insurance Group?

Yes, salaries often differ between departments at Schmidt Insurance 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 Schmidt Insurance Group?

Experience level is a significant factor in determining salary at Schmidt Insurance 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 Schmidt Insurance Group in Phoenix is fair given the local cost of living?

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

6. What factors influence salary increases at Schmidt Insurance Group?

Salary increases at Schmidt Insurance 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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