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The Spofford Group Salary

The Spofford Group Salary

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As of October 2026, the average annual salary for employees at The Spofford Group in the United States is $99,816. This translates to an approximate hourly wage of $48. Salaries at The Spofford Group typically range from $87,814 to $112,855 annually, reflecting the diverse roles and experience levels within the company.

How Much Does The Spofford Group Pay for Different Roles?

Explore detailed salary information for specific jobs at The Spofford Group. Based on our data, the highest paying job is the President, with an annual salary of $772,661. The table below outlines the annual salary ranges for most popular roles within the company.
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Is The Spofford Group’s Pay Competitive? Salary Benchmarking Analysis

How does The Spofford Group'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
Spot Pet Insurance $90,185
-9.6%
Typical compensation structure for smaller regional agencies like Spot Pet Insurance.
Hutsenpiller Insurance $83,530
-16.3%
Hutsenpiller Insurance operates with a leaner overhead structure, impacting base wage offers.
Commercial Hirecar Insurance Co $101,957
+2.1%
Suggests Commercial Hirecar Insurance Co utilizes a highly similar base-plus-benefits compensation model.
Insurance Holdings $112,051
+12.3%
Reflects structural premiums typical of Insurance Holdings's large-cap national operations.
Insurance Industry $123,858
+24.1%
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.

How The Spofford Group's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at The Spofford Group. Click a company name to learn more.

Employee Reviews: Working at The Spofford Group

Considering a career at The Spofford Group? 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.
This company fosters a welcoming environment where employees feel valued. The company maintains a strong operational structure, ensuring smooth workflows. The team is motivated, and leadership is visionary. My experience at this company has been decent.
Commented in April 22, 2025
15
1
The company is well-structured, and processes are clearly defined. There’s a strong focus on teamwork, and career advancement opportunities are clear. The office is modern and comfortable, enhancing productivity. The company culture is inclusive, and managers genuinely care about employee development. Managers are supportive and provide the resources needed to succeed. This company operates smooth...
Commented in October 19, 2024
23
3
Overall, it’s a great workplace with plenty of opportunities for advancement. Employees are encouraged to grow, and leadership is supportive. The office culture is positive, and flexible work arrangements add convenience. The insurance industry is ever-changing, but the team adapts well. The compensation package is fair, and there are opportunities for bonuses.
Commented in March 23, 2024
17
2

The Spofford Group Overview

Website
www.spoffordgroup.com
Founded In
1995
Employees
<25 employees
Industry
Insurance
Headquarter Address
14 Main St Hingham Massachusetts MA 02043
Revenue
$5 Million - $10 Million
Phone Number
+1 7817408990
Social Media
About The Spofford Group
The Spofford Group specializes in providing businesses with a clear and confident approach to the D&O process. Using the most up-to-date market analyses, we evaluate the unique risk profile of your business, its investors and management team with a consistent focus on the legislative issues pertinent to your industry. Based on our thorough due diligence, we create a comprehensive and customized D&

What Benefits Does The Spofford Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Spofford Group 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at The Spofford Group.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from The Spofford Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of The Spofford Group salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Spofford Group

1. What is the average salary for employees at The Spofford Group?

The average annual total compensation for employees at The Spofford Group is approximately $99,816. However, this is an aggregate figure, actual salaries can range significantly, typically from $87,814 to $112,855, depending on factors like job role, experience, and location.

2. How much does The Spofford Group pay compared to Spot Pet Insurance?

The average annual salary at The Spofford Group is $99,816, or an hourly wage of $48, in comparison to Spot Pet Insurance which pays $90,185 per year or $43 per hour.

3. What is the lowest salary at The Spofford Group?

The lowest-paying job at The Spofford Group is an Insurance Assistant with a salary of $47,659 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at The Spofford Group?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at The Spofford Group for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does The Spofford Group offer cost-of-living adjustments (COLA) for employees in high-cost areas like Boston?

While some companies offer formal COLA, many, including potentially The Spofford Group, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at The Spofford Group?

Most companies, likely including The Spofford Group, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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