The Black Car Fund Salary

As of August 2026, the average annual salary for employees at The Black Car Fund in the United States is $116,692. This translates to an approximate hourly wage of $56. Salaries at The Black Car Fund typically range from $102,622 to $132,060 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at The Black Car Fund

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Is The Black Car Fund’s Pay Competitive? Salary Benchmarking Analysis

How does The Black Car Fund'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
Finterra LLC $95,291
-18.3%
Finterra LLC operates with a leaner overhead structure, impacting base wage offers.
ACTUARIAL PENSION SERVICES Inc $95,734
-18.0%
ACTUARIAL PENSION SERVICES Inc may offer non-monetary perks in lieu of competitive base salaries.
Quantum Pension Services $96,324
-17.5%
Typical compensation structure for smaller regional agencies like Quantum Pension Services.
Dupont Pension Trust $104,826
-10.2%
Normalized for lower cost-of-living zones where Dupont Pension Trust primarily operates.
Insurance Industry $123,858
+6.1%
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 The Black Car Fund

Considering a career at The Black Car Fund? 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.
The company also engages in meaningful corporate social responsibility efforts. The insurance industry is complex, but the training programs here are thorough, and managers are always available to guide you. Benefits are standard for the industry, and the pay is fair. Processes are clear, and the team is cooperative. The hybrid work model, health benefits, and professional development opportunitie...
Team environment is motivating. The insurance products are competitive, which makes client interactions smoother. A reliable choice for those in the insurance sector.
Work-life balance is good, and benefits are strong. This company has exceeded my expectations in many ways. A good place to grow. The office environment is comfortable, and colleagues are respectful. While advancement opportunities are present, they may take time to materialize.
I’ve had a rewarding experience here thanks to the collaborative team and forward-thinking leadership. The benefits package is competitive, including wellness programs. The benefits package, including dental and vision, is impressive. Positive workplace. For those who prefer structure and consistency, this is a reasonable workplace. It’s a suitable workplace for those seeking consistency in the in...
The workload is manageable, and flexible work options are a plus. A good fit for those who value predictability. There’s a strong emphasis on work-life balance, with flexible schedules. The office environment is modern, and remote work options add flexibility.

The Black Car Fund Overview

Website
www.nybcf.org
Founded In
1999
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
30 Wall St New York City New York NY 10005
Revenue
$10 Million - $50 Million
Phone Number
+1 2122694800
Social Media
About The Black Car Fund
The New York Black Car Fund is a Operators injury compensation fund. Providing Workers' Compensation insurance to Black Car operators in the state of New York.

What Benefits Does The Black Car Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Black Car Fund 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at The Black Car Fund.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from The Black Car Fund, consider these typical monthly expenses:
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 The Black Car Fund 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 The Black Car Fund

1. What is the estimated average total compensation at The Black Car Fund?

Salary.com estimates that the average total compensation package at The Black Car Fund, which can include base salary, potential bonuses, and benefits, is around $116,692 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does The Black Car Fund pay compared to Finterra LLC?

The average annual salary at The Black Car Fund is $116,692, or an hourly wage of $56, in comparison to Finterra LLC which pays $95,291 per year or $46 per hour.

3. Do salaries differ significantly between departments at The Black Car Fund?

Yes, salaries often differ between departments at The Black Car Fund 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 The Black Car Fund?

Salary progression from an entry-level to a senior role at The Black Car Fund 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 The Black Car Fund in New York is fair given the local cost of living?

To determine if a salary offer from The Black Car Fund in New York is fair, first compare the gross salary to our data for similar roles at The Black Car Fund 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.

6. Are promotions at The Black Car Fund usually accompanied by a significant salary increase?

Yes, promotions at The Black Car Fund 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.