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Travis-Pedersen and Associates Inc Salary

Travis-Pedersen and Associates Inc Salary

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As of August 2026, the average annual salary for employees at Travis-Pedersen and Associates Inc in the United States is $102,727. This translates to an approximate hourly wage of $49. Salaries at Travis-Pedersen and Associates Inc typically range from $90,334 to $116,257 annually, reflecting the diverse roles and experience levels within the company.
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Is Travis-Pedersen and Associates Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Travis-Pedersen and Associates Inc'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
Consociate $89,848
-12.5%
Typical compensation structure for smaller regional agencies like Consociate.
Levitt Fuirst Associates Ltd $110,786
+7.8%
Adjusted for higher cost-of-living indices in Levitt Fuirst Associates Ltd's primary metro hubs.
Berkley Medical Management Solutions $95,618
-6.9%
Berkley Medical Management Solutions may offer non-monetary perks in lieu of competitive base salaries.
Donald P Pipino Company Ltd $92,095
-10.4%
Donald P Pipino Company Ltd focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+20.6%
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 Travis-Pedersen and Associates Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Travis-Pedersen and Associates Inc. Click a company name to learn more.

Employee Reviews: Working at Travis-Pedersen and Associates Inc

Considering a career at Travis-Pedersen and Associates Inc? 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.
I’ve enjoyed my time here due to the strong teamwork and supportive management. Management is reasonable, and colleagues are cooperative. It’s a reliable employer, though not the most dynamic in terms of innovation. Benefits are standard but sufficient. The company has a strong ethical foundation and treats employees well.
Commented in February 19, 2025
31
0
This company stands out in the insurance industry for its employee-centric approach. Colleagues are professional, though teamwork could improve. The team is collaborative, and the office culture is welcoming. The company culture here is one of the best I’ve experienced.
Commented in February 12, 2025
24
2
With thousands of employees, networking opportunities are plentiful, and mentorship programs help newer hires integrate smoothly. The work is steady, and expectations are reasonable. Communication from leadership is clear, and teams are cooperative. Benefits like health coverage and paid leave are excellent. The benefits meet industry standards, and the workload is balanced. The work-life balance ...
Commented in August 31, 2024
46
1
The work is challenging but rewarding, with clear career progression paths. It’s a steady workplace with reasonable expectations for performance. The company culture promotes collaboration and innovation in the insurance space. The company culture is inclusive, and diversity is celebrated.
Commented in May 16, 2024
17
1
Flexible scheduling is a major perk, and professional growth is encouraged. A rewarding place to work. Management maintains a professional yet approachable demeanor. Team-building activities are organized quarterly, fostering strong relationships.
Commented in March 18, 2024
46
3

Travis-Pedersen and Associates Inc Overview

Website
www.travped.com
Founded In
1983
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
525 W Van Buren St Chicago Illinois IL 60607
Revenue
$10 Million - $50 Million
Phone Number
+1 3123609696
Social Media
About Travis-Pedersen and Associates Inc
Since 1983 Travis-Pedersen has been helping our clients get the coverage they need at competitive rates. We are an independent, value-added wholesale insurance broker with a network of brokers averaging more than 15 years in the industry. When you work with us, you get a team of experts - experts who solve problems. Our brokers have intimate knowledge of the lines they handle and outstanding relat

What Benefits Does Travis-Pedersen and Associates Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Travis-Pedersen and Associates Inc 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Travis-Pedersen and Associates Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Travis-Pedersen and Associates Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Travis-Pedersen and Associates Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Travis-Pedersen and Associates Inc

1. What is the estimated average total compensation at Travis-Pedersen and Associates Inc?

Salary.com estimates that the average total compensation package at Travis-Pedersen and Associates Inc, which can include base salary, potential bonuses, and benefits, is around $102,727 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Travis-Pedersen and Associates Inc pay compared to Consociate?

The average annual salary at Travis-Pedersen and Associates Inc is $102,727, or an hourly wage of $49, in comparison to Consociate which pays $89,848 per year or $43 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Travis-Pedersen and Associates Inc?

Salary progression from an entry-level to a senior role at Travis-Pedersen and Associates Inc 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.

4. How can I determine if a salary offer from Travis-Pedersen and Associates Inc in Chicago is fair given the local cost of living?

To determine if a salary offer from Travis-Pedersen and Associates Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Travis-Pedersen and Associates Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

5. Are promotions at Travis-Pedersen and Associates Inc usually accompanied by a significant salary increase?

Yes, promotions at Travis-Pedersen and Associates Inc 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.

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