Traverse Companies Salary
How Much Does Traverse Companies Pay for Different Roles?
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Current Job Openings at Traverse Companies
Is Traverse Companies’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| WD & Associates Inc | $94,974 |
-8.7%
|
WD & Associates Inc focuses strategically on recruiting and training entry-level apprentices. |
| Italiano Insurance Services Inc | $87,717 |
-15.7%
|
Typical compensation structure for smaller regional agencies like Italiano Insurance Services Inc. |
| Afib | $92,126 |
-11.5%
|
Afib operates with a leaner overhead structure, impacting base wage offers. |
| Thomas Gregory Associates Insurance Brokers Inc | $102,484 |
-1.5%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Insurance Industry | $123,858 |
+19.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Traverse Companies's Salaries Compare to Similar Companies?
WD & Associates Inc
$94,974 / year
Salary Range: $83,562 - $107,380
East Providence, RI
Italiano Insurance Services Inc
$87,717 / year
Salary Range: $77,175 - $99,185
Tampa, FL
Afib
$92,126 / year
Salary Range: $81,033 - $104,197
Phoenix, AZ
Thomas Gregory Associates Insurance Brokers Inc
$102,484 / year
Salary Range: $90,169 - $115,866
Wakefield, MA
New England Claims Service Inc
$103,929 / year
Salary Range: $91,443 - $117,513
Beverly, MA
Sterling Resources Ltd
$100,881 / year
Salary Range: $88,758 - $114,062
Hingham, MA
EM-Power Services Inc
$96,641 / year
Salary Range: $85,028 - $109,270
Oxford, MA
RPg Family Wealth Advisory LLC
$100,301 / year
Salary Range: $88,245 - $113,403
Burlington, MA
Flagship Insurance Agency
$95,607 / year
Salary Range: $84,121 - $108,099
New Bedford, MA
Employee Reviews: Working at Traverse Companies
Traverse Companies Overview
What Benefits Does Traverse Companies Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Boston?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,500 - $3,800+ | A significant portion of Traverse Companies 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 Traverse Companies
1. How much does a Traverse Companies employee make?
Traverse Companies pays its employees an average of $104,056 per year. The average salary at Traverse Companies range from $91,553 to $117,647 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.
2. Which similar company tend to pay more or less than Traverse Companies?
The salary at Traverse Companies is higher than the similar company. The average annual salary at Traverse Companies is $104,056, or an hourly wage of $50, in comparison to WD & Associates Inc which pays $94,974 per year or $46 per hour.
3. Do employees with advanced degrees (Master's, PhD) earn more at Traverse Companies?
In many roles at Traverse Companies, 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.
4. How does the cost of living near Boston affect the perceived value of a Traverse Companies salary?
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). This significantly impacts the purchasing power of a salary from Traverse Companies based there. Our "Cost of Living Insights for Boston" module details this impact, helping you assess the 'real feel' value of your compensation.
5. What kind of benefits does Traverse Companies typically offer employees?
Traverse Companies 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 Companies" section on this page.
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