| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Innovative Benefits Consulting Inc | $90,238 |
+6.7%
|
Adjusted for higher cost-of-living indices in Innovative Benefits Consulting Inc's primary metro hubs. |
| FFL Insurance Agency LLC | $98,139 |
+16.0%
|
Reflects a supply-demand imbalance for the specific talent FFL Insurance Agency LLC targets. |
| Huwel Insurance Group | $88,645 |
+4.8%
|
Data suggests Huwel Insurance Group's workforce skews heavily towards veteran, high-tenure roles. |
| Park Wood Managers LLC | $88,593 |
+4.7%
|
Reflects structural premiums typical of Park Wood Managers LLC's large-cap national operations. |
| Insurance Industry | $123,858 |
+46.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$90,238 / year
Salary Range: $79,393 - $102,026
Pittsburgh, PA
$98,139 / year
Salary Range: $86,348 - $110,965
Carlsbad, CA
$88,645 / year
Salary Range: $77,991 - $100,234
Cincinnati, OH
$88,593 / year
Salary Range: $77,945 - $100,173
Richardson, TX
$96,219 / year
Salary Range: $84,653 - $108,794
Oakbrook Terrace, IL
$97,263 / year
Salary Range: $85,578 - $109,977
Gold River, CA
$87,591 / year
Salary Range: $77,065 - $99,039
Miami, FL
$83,909 / year
Salary Range: $73,831 - $94,869
Spring Hill, TN
$81,620 / year
Salary Range: $71,815 - $92,283
Chattanooga, TN
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,500 - $2,300+ | A significant portion of Southern Trace Agency salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $65 (WeGo monthly pass) | 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 | $450 - $850+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,945 - $4,685+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Salary.com estimates that the average total compensation package at Southern Trace Agency, which can include base salary, potential bonuses, and benefits, is around $84,595 annually . Total compensation provides a more holistic view of an employee's earnings.
The average annual salary at Southern Trace Agency is $84,595, or an hourly wage of $41, in comparison to Innovative Benefits Consulting Inc which pays $90,238 per year or $43 per hour.
Salary progression from an entry-level to a senior role at Southern Trace 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.
To determine if a salary offer from Southern Trace Agency in Nashville is fair, first compare the gross salary to our data for similar roles at Southern Trace Agency and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Nashville" to understand its purchasing power.
Yes, promotions at Southern Trace 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.
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