SHBG Insurance Salary
How Much Does SHBG Insurance Pay for Different Roles?
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Current Job Openings at SHBG Insurance
Is SHBG Insurance’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Heaton & Associates | $95,502 |
-8.1%
|
Normalized for lower cost-of-living zones where Heaton & Associates primarily operates. |
| Albertson Lawrence Agency | $86,620 |
-16.6%
|
Albertson Lawrence Agency may offer non-monetary perks in lieu of competitive base salaries. |
| Rootfin | $88,572 |
-14.8%
|
Typical compensation structure for smaller regional agencies like Rootfin. |
| Simmons Benefit Group Inc | $82,063 |
-21.0%
|
Simmons Benefit Group Inc focuses strategically on recruiting and training entry-level apprentices. |
| Insurance Industry | $123,858 |
+19.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How SHBG Insurance's Salaries Compare to Similar Companies?
Heaton & Associates
$95,502 / year
Salary Range: $84,030 - $107,989
Redlands, CA
Albertson Lawrence Agency
$86,620 / year
Salary Range: $76,222 - $97,941
Coshocton, OH
Rootfin
$88,572 / year
Salary Range: $77,927 - $100,136
Austin, TX
Simmons Benefit Group Inc
$82,063 / year
Salary Range: $72,199 - $92,783
Idaho Falls, ID
The Brodsky Agency
$93,139 / year
Salary Range: $81,940 - $105,307
Palatine, IL
Insured Nomads Corp
$84,753 / year
Salary Range: $74,564 - $95,820
Birmingham, AL
Dave Delfs - State Farm Insurance Agent
$102,727 / year
Salary Range: $90,389 - $116,159
Pleasantville, NY
Marty Connor State Farm Insurance
$98,782 / year
Salary Range: $86,916 - $111,696
Baldwin, NY
Consolidated Insurance Agents Inc
$85,354 / year
Salary Range: $75,104 - $96,515
Williamsville, NY
Employee Reviews: Working at SHBG Insurance
SHBG Insurance Overview
What Benefits Does SHBG Insurance Offer Beyond Salary?
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What Is the Cost of Living Near New York?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $3,500 - $5,000+ (Highly variable by borough) | A significant portion of SHBG Insurance salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $127 (MTA 30-day MetroCard) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $450 - $800+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $5,177 - $7,877+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of SHBG Insurance
1. What is the typical salary range (low to high) for most roles at SHBG Insurance?
The typical annual salary range for most roles at SHBG Insurance is approximately from $91,425 to $117,488. 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 SHBG Insurance pay compared to Heaton & Associates?
The average annual salary at SHBG Insurance is $103,908, or an hourly wage of $50, in comparison to Heaton & Associates which pays $95,502 per year or $46 per hour.
3. How does experience level affect salary at SHBG Insurance?
Experience level is a significant factor in determining salary at SHBG 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 SHBG Insurance in New York is fair given the local cost of living?
To determine if a salary offer from SHBG Insurance in New York is fair, first compare the gross salary to our data for similar roles at SHBG Insurance and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.
5. What factors influence salary increases at SHBG Insurance?
Salary increases at SHBG Insurance 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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