| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| International Purchasing Group LLC | $92,274 |
-0.7%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Company/ D N Distributors Inc | $90,533 |
-2.6%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Go Gadgets | $96,113 |
+3.4%
|
Adjusted for higher cost-of-living indices in Go Gadgets's primary metro hubs. |
| Alabastarbox Ltd | $89,542 |
-3.7%
|
Alabastarbox Ltd focuses strategically on recruiting and training entry-level apprentices. |
| Retail & Wholesale Industry | $123,318 |
+32.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$92,274 / year
Salary Range: $81,106 - $104,416
Homestead, FL
$90,533 / year
Salary Range: $79,576 - $102,453
Orlando, FL
$96,113 / year
Salary Range: $84,488 - $108,770
Broomfield, CO
$89,542 / year
Salary Range: $78,751 - $101,258
Miami, FL
$89,131 / year
Salary Range: $78,385 - $100,783
Miami, FL
$119,825 / year
Salary Range: $105,326 - $135,596
San Francisco, CA
$104,067 / year
Salary Range: $91,470 - $117,769
Hartford, CT
$94,267 / year
Salary Range: $82,866 - $106,684
Fort Mill, SC
$96,651 / year
Salary Range: $84,955 - $109,379
Albany, NY
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) | $1,800 - $2,800+ | A significant portion of The Merchants Group Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $270 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $112.50 (Miami-Dade EASY Ticket monthly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $660 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $850+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,262 - $5,332+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The Merchants Group Inc pays its employees an average of $92,959 per year. The average salary at The Merchants Group Inc range from $81,711 to $105,197 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.
The salary at The Merchants Group Inc is higher than the similar company. The average annual salary at The Merchants Group Inc is $92,959, or an hourly wage of $45, in comparison to International Purchasing Group LLC which pays $92,274 per year or $44 per hour.
In many roles at The Merchants Group Inc, 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.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). This significantly impacts the purchasing power of a salary from The Merchants Group Inc based there. Our "Cost of Living Insights for Miami" module details this impact, helping you assess the 'real feel' value of your compensation.
The Merchants Group Inc 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 The Merchants Group Inc" section on this page.
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