Schultz Insurance Salary
How Much Does Schultz Insurance Pay for Different Roles?
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Current Job Openings at Schultz Insurance
Is Schultz Insurance’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Goebel Insurance & Financial Inc | $85,586 |
-3.3%
|
Typical compensation structure for smaller regional agencies like Goebel Insurance & Financial Inc. |
| Peninsula General Insurance Agency Inc | $100,470 |
+13.5%
|
Adjusted for higher cost-of-living indices in Peninsula General Insurance Agency Inc's primary metro hubs. |
| PGH Insurance Group LLC | $86,483 |
-2.3%
|
Suggests PGH Insurance Group LLC utilizes a highly similar base-plus-benefits compensation model. |
| Covenant Insurance Agency LLC | $83,888 |
-5.3%
|
Covenant Insurance Agency LLC likely leverages performance bonuses over the high base salary shown here. |
| Insurance Industry | $123,858 |
+39.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Schultz Insurance's Salaries Compare to Similar Companies?
Goebel Insurance & Financial Inc
$85,586 / year
Salary Range: $75,297 - $96,771
Fond Du Lac, WI
Peninsula General Insurance Agency Inc
$100,470 / year
Salary Range: $88,401 - $113,598
Torrance, CA
PGH Insurance Group LLC
$86,483 / year
Salary Range: $76,094 - $97,783
Lebanon, IN
Covenant Insurance Agency LLC
$83,888 / year
Salary Range: $73,812 - $94,856
Hendersonville, TN
Daffin Insurance Services Inc
$79,173 / year
Salary Range: $69,661 - $89,515
Panama City, FL
Pik West Insurance Agency LLC
$99,499 / year
Salary Range: $87,548 - $112,501
Renton, WA
Carey Insurance Agency Inc
$87,411 / year
Salary Range: $76,910 - $98,844
Harrisburg, NC
Coverage by Design
$102,031 / year
Salary Range: $89,775 - $115,367
Deer Park, NY
The Tuscarawas Insurance Agency
$84,932 / year
Salary Range: $74,729 - $96,027
New Philadelphia, OH
Employee Reviews: Working at Schultz Insurance
Schultz Insurance Overview
What Benefits Does Schultz Insurance Offer Beyond Salary?
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What Is the Cost of Living Near Madison?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,200 - $1,700+ | A significant portion of Schultz Insurance salary. Location choices impact this heavily. |
| Utilities (Basic) | $120 - $210 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $65 (Metro monthly pass, free for UW) | 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 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,575 - $3,945+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Schultz Insurance
1. What is the typical salary range (low to high) for most roles at Schultz Insurance?
The typical annual salary range for most roles at Schultz Insurance is approximately from $77,899 to $100,112. 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 Schultz Insurance pay compared to Goebel Insurance & Financial Inc?
The average annual salary at Schultz Insurance is $88,540, or an hourly wage of $43, in comparison to Goebel Insurance & Financial Inc which pays $85,586 per year or $41 per hour.
3. How does experience level affect salary at Schultz Insurance?
Experience level is a significant factor in determining salary at Schultz 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 Schultz Insurance in Madison is fair given the local cost of living?
To determine if a salary offer from Schultz Insurance in Madison is fair, first compare the gross salary to our data for similar roles at Schultz Insurance and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Madison" to understand its purchasing power.
5. What are the key factors that influence salary levels at Schultz Insurance?
Several key factors influence salary levels at Schultz 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: Schultz 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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