| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| April Jones Insurance Services | $82,306 |
-2.9%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| ZARD Insurance | $93,814 |
+10.6%
|
Adjusted for higher cost-of-living indices in ZARD Insurance's primary metro hubs. |
| E & S Insurance Services LLC | $93,740 |
+10.5%
|
Reflects a supply-demand imbalance for the specific talent E & S Insurance Services LLC targets. |
| Westwing Insurance | $102,917 |
+21.4%
|
Supported by Westwing Insurance's high-margin contracts allowing higher overhead. |
| Insurance Industry | $123,858 |
+46.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$82,306 / year
Salary Range: $72,419 - $93,064
Wilmington, NC
$93,814 / year
Salary Range: $82,545 - $106,075
Houston, TX
$93,740 / year
Salary Range: $82,481 - $105,989
Gilford, NH
$102,917 / year
Salary Range: $90,554 - $116,366
Los Angeles, CA
$101,841 / year
Salary Range: $89,610 - $115,159
Boston, MA
$103,413 / year
Salary Range: $90,985 - $116,927
Los Angeles, CA
$91,409 / year
Salary Range: $80,428 - $103,356
Canby, OR
$96,345 / year
Salary Range: $84,772 - $108,940
Black Diamond, WA
$100,818 / year
Salary Range: $88,703 - $113,989
Northridge, CA
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) | $1,000 - $1,500+ | A significant portion of Traverse Benefits LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | 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) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Traverse Benefits LLC pays its employees an average of $84,806 per year. The average salary at Traverse Benefits LLC range from $74,619 to $95,881 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 Traverse Benefits LLC is higher than the similar company. The average annual salary at Traverse Benefits LLC is $84,806, or an hourly wage of $41, in comparison to April Jones Insurance Services which pays $82,306 per year or $40 per hour.
A Manager, Operations at Traverse Benefits LLC typically earns an average annual base salary of around $90,337, with a general range of $78,576 to $98,281.
In many roles at Traverse Benefits LLC, 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.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Traverse Benefits LLC based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
Traverse Benefits LLC 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 Traverse Benefits LLC" section on this page.
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