Schumacher Agency Salary
How Much Does Schumacher Agency Pay for Different Roles?
Commercial Agent
$77,098 / year
Salary Range: $65,974 - $85,911
Commercial Loans
Producer
$49,708 / year
Salary Range: $43,977 - $56,108
Producer
Bookkeeper
$34,424 / year
Salary Range: $31,183 - $37,375
Bookkeeping
Customer Service Representative
$29,941 / year
Salary Range: $27,017 - $32,994
Customer Service
Thanks for your feedback!
Current Job Openings at Schumacher Agency
Is Schumacher Agency’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Massachusetts Interlocal Insurance Association | $104,446 |
+22.9%
|
Supported by Massachusetts Interlocal Insurance Association's high-margin contracts allowing higher overhead. |
| Garceau Insurance Agency | $85,629 |
+0.8%
|
Suggests Garceau Insurance Agency utilizes a highly similar base-plus-benefits compensation model. |
| Great Lakes State Agency | $87,337 |
+2.8%
|
Confirms Great Lakes State Agency is a direct competitor vying for the exact same talent pool. |
| Diversity Insurance | $93,033 |
+9.5%
|
Adjusted for higher cost-of-living indices in Diversity Insurance's primary metro hubs. |
| Insurance Industry | $123,858 |
+45.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Schumacher Agency's Salaries Compare to Similar Companies?
Massachusetts Interlocal Insurance Association
$104,446 / year
Salary Range: $91,883 - $118,135
Boston, MA
Garceau Insurance Agency
$85,629 / year
Salary Range: $75,343 - $96,820
Escanaba, MI
Great Lakes State Agency
$87,337 / year
Salary Range: $76,845 - $98,758
Holt, MI
Diversity Insurance
$93,033 / year
Salary Range: $81,858 - $105,197
Romulus, MI
Grand Rapids Adventist Academy
$87,591 / year
Salary Range: $77,074 - $99,039
Grand Rapids, MI
InPro Insurance Group
$90,375 / year
Salary Range: $79,521 - $102,185
Troy, MI
Allchoice Insurance
$93,582 / year
Salary Range: $82,343 - $105,819
Wixom, MI
Yarbrough Insurance Group
$92,042 / year
Salary Range: $80,987 - $104,075
Almont, MI
Eagle Claims Management LLC
$88,434 / year
Salary Range: $77,808 - $99,990
Grand Rapids, MI
Employee Reviews: Working at Schumacher Agency
Schumacher Agency Overview
What Benefits Does Schumacher Agency Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Grand Rapids?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,000 - $1,500+ | A significant portion of Schumacher Agency salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Schumacher Agency
1. What is the estimated average total compensation at Schumacher Agency?
Salary.com estimates that the average total compensation package at Schumacher Agency, which can include base salary, potential bonuses, and benefits, is around $84,985 annually . Total compensation provides a more holistic view of an employee's earnings.
2. How much does Schumacher Agency pay compared to Massachusetts Interlocal Insurance Association?
The average annual salary at Schumacher Agency is $84,985, or an hourly wage of $41, in comparison to Massachusetts Interlocal Insurance Association which pays $104,446 per year or $50 per hour.
3. Do salaries differ significantly between departments at Schumacher Agency?
Yes, salaries often differ between departments at Schumacher Agency 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Schumacher Agency?
Salary progression from an entry-level to a senior role at Schumacher Agency 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.
5. How can I determine if a salary offer from Schumacher Agency in Grand Rapids is fair given the local cost of living?
To determine if a salary offer from Schumacher Agency in Grand Rapids is fair, first compare the gross salary to our data for similar roles at Schumacher Agency and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.
6. Are promotions at Schumacher Agency usually accompanied by a significant salary increase?
Yes, promotions at Schumacher Agency 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.
For Employer
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning