Team Lead Salary at Virginia Retirement System BETA

How much does a Virginia Retirement System Team Lead make?

As of December 2024, the average annual salary for a Team Lead at Virginia Retirement System is $60,634, which translates to approximately $29 per hour. Salaries for Team Lead at Virginia Retirement System typically range from $53,795 to $68,242, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Virginia Retirement System Overview

Website:
varetire.org
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
Insurance

The Virginia Retirement System, an independent state agency based in Richmond, delivers retirement and other benefits to covered Virginia public sector employees through sound financial stewardship and superior customer service. VRS ranks as the 18th largest public or private pension fund in the U.S. and the 41st largest in the world, serving more than 742,000 active and inactive members, retirees and beneficiaries. Members include public school teachers, political subdivision employees (cities, towns, special authorities and commissions), state agency employees, public college and university personnel, state police, Virginia law officers and the judiciary. Approximately 837 employers have elected to participate in VRS.

See similar companies related to Virginia Retirement System

What Skills Does a person Need at Virginia Retirement System?

At Virginia Retirement System, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  3. Service desk: A service desk is the single point of contact between the service provider and users for everyday activities. Goal of a service desk is to provide resolutions for user requests as efficiently as possible.
  4. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  5. Effective Communication: Sharing information effectively and collaboratively.

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Check more jobs information at Virginia Retirement System

Job Title Average Virginia Retirement System Salary Hourly Rate
2 Acquisition Specialist $72,552 $35
3 Application Developer $112,000 $54
4 Business Architect $103,386 $50
5 Chief Investment Officer $364,081 $175
6 Communications Specialist $114,732 $55
7 Data Analyst $56,120 $27
8 Database Administrator $96,630 $46
9 Digital Communications Strategist $178,769 $86
10 Director, Customer Services $168,521 $81
11 Director, Human Resources $174,969 $84
12 Director, Public Relations $154,348 $74
13 Director, Risk $155,128 $75

Hourly Pay at Virginia Retirement System

The average hourly pay at Virginia Retirement System for a Team Lead is $29 per hour. The location, department, and job description all have an impact on the typical compensation for Virginia Retirement System positions. The pay range and total remuneration for the job title are shown in the table below. Virginia Retirement System may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $60,634 look to you?

FAQ about Salary and Jobs at Virginia Retirement System

1. How much does Virginia Retirement System pay per hour?
The average hourly pay is $29. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Virginia Retirement System?
According to the data, the highest approximate salary is about $68,242 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Virginia Retirement System?
According to the data, the lowest estimated salary is about $53,795 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.