Somich & Associates Salary

As of September 2026, the average annual salary for employees at Somich & Associates in the United States is $86,610. This translates to an approximate hourly wage of $42. Salaries at Somich & Associates typically range from $76,121 to $97,990 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Somich & Associates Pay for Different Roles?

Explore detailed salary information for specific jobs at Somich & Associates. Based on our data, the highest paying job is the President & Chief Executive Officer, At, with an annual salary of $670,434. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Somich & Associates’s Pay Competitive? Salary Benchmarking Analysis

How does Somich & Associates'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
Joseph Christopher $100,565
+16.1%
Reflects structural premiums typical of Joseph Christopher's large-cap national operations.
Portland Garment Factory $91,472
+5.6%
Supported by Portland Garment Factory's high-margin contracts allowing higher overhead.
PR Machine $100,364
+15.9%
Driven by niche technical certifications required for PR Machine's specialized projects.
SOFLO International Realty $85,576
-1.2%
Indicates identical technical requirements and experience levels between the two firms.
Business Services Industry $120,931
+39.6%
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.

Employee Reviews: Working at Somich & Associates

Considering a career at Somich & Associates? 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.
With competitive compensation and a strong focus on development, it’s an organization that truly values its people. The company offers transparency from leadership. The benefits are excellent, and the wellness initiatives show they care about employees' well-being. Communication was professional than prefer. The health insurance options are comprehensive, retirement matching is generous, and ther...
It’s a great perk that encourages us to prioritize our physical and mental health. The HR team provides clear documentation and training materials, while managers ensure you feel supported. I appreciate the job stability and consistency, though the lack of variety can make things dull. While the company offers stability and job security, opportunities for upward movement are limited unless you're ...
The company offers visible career paths. Most of the work is process-driven and can become repetitive. Leadership offers regular feedback and supports employee development. Diverse teams foster creativity and innovation across departments. We're given the time to do our jobs right, which results in better outcomes for our clients and more pride in our work. Opportunities for learning are plentiful...

Somich & Associates Overview

Website
www.somichcpa.com
Founded In
2016
Employees
<25 employees
Industry
Business Services
Headquarter Address
7464 Mentor Ave Mentor Ohio OH 44060
Revenue
<$5 Million
Phone Number
+1 2162504533
Social Media
About Somich & Associates
Somich & Associates offers a wide range of accounting and tax services to businesses and individuals in Mentor, OH and surrounding areas.

What Benefits Does Somich & Associates Offer Beyond Salary?

A competitive compensation package is more than just a salary. Somich & Associates 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Somich & Associates.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Somich & Associates, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Somich & Associates salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 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) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Somich & Associates

1. How much does a Somich & Associates employee make?

Somich & Associates pays its employees an average of $86,610 per year. The average salary at Somich & Associates range from $76,121 to $97,990 per year. 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. Which similar company tend to pay more or less than Somich & Associates?

The salary at Somich & Associates is lesser than the similar company. The average annual salary at Somich & Associates is $86,610, or an hourly wage of $42, in comparison to Joseph Christopher which pays $100,565 per year or $48 per hour.

3. How much does a President & Chief Executive Officer, At typically earn at Somich & Associates?

A President & Chief Executive Officer, At at Somich & Associates typically earns an average annual base salary of around $670,434, with a general range of $512,678 to $845,428.

4. Do employees with advanced degrees (Master's, PhD) earn more at Somich & Associates?

In many roles at Somich & Associates, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Cleveland affect the perceived value of a Somich & Associates salary?

Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). This significantly impacts the purchasing power of a salary from Somich & Associates based there. Our "Cost of Living Insights for Cleveland" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Somich & Associates typically offer employees?

Somich & Associates generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Somich & Associates" section on this page.