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Welfare Fund Salary

Welfare Fund Salary

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As of September 2026, the average annual salary for employees at Welfare Fund in the United States is $104,151. This translates to an approximate hourly wage of $50. Salaries at Welfare Fund typically range from $91,635 to $117,793 annually, reflecting the diverse roles and experience levels within the company.
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Is Welfare Fund’s Pay Competitive? Salary Benchmarking Analysis

How does Welfare Fund'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
WAICU Inc $91,209
-12.4%
WAICU Inc operates with a leaner overhead structure, impacting base wage offers.
Slovak Catholic Sokol $108,127
+3.8%
Data suggests Slovak Catholic Sokol's workforce skews heavily towards veteran, high-tenure roles.
Food-X $110,954
+6.5%
Influenced by prevailing union wage agreements specific to Food-X's sector.
HB Retirement $89,626
-13.9%
HB Retirement likely leverages performance bonuses over the high base salary shown here.
Insurance Industry $123,858
+18.9%
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 Welfare Fund's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Welfare Fund

Considering a career at Welfare Fund? 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.
Compensation is fair, and perks like remote work options add value. I’ve had a great experience working here—the company truly values its employees. This is a fantastic place for insurance professionals. The insurance knowledge gained here is valuable for career growth.
Commented in March 20, 2025
32
0
It’s a great workplace for those seeking a supportive and dynamic environment. This company is an excellent place to build a career in insurance. Company-sponsored events help build strong relationships among staff. The training programs are top-notch, helping employees stay updated on industry trends. The office setup is practical, and remote work is sometimes an option. Training resources are ab...
Commented in May 24, 2024
34
2
The compensation is competitive, and the benefits package is comprehensive. Teams work well together, and leadership is supportive. The insurance products are reliable, and client interactions are straightforward.
Commented in March 31, 2024
25
0

Welfare Fund Overview

Website
www.825funds.org
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
65 Springfield Ave Springfield New Jersey NJ 07081
Revenue
$10 Million - $50 Million
Phone Number
+1 9736716800
Social Media
About Welfare Fund
Local 825 has earned the healthy and safe workplace certification from the NJ Business and Industry Association following the successful completion of an NJBIA training course. It teaches The course adheres to the standards and regulations set by OSHA, the Center for Disease Control & Prevention (CDC) and the World Health Organization (WHO) to make sure all employees function in a healthy work env

What Benefits Does Welfare Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. Welfare Fund 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Welfare Fund.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Welfare Fund, 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 Welfare Fund salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Welfare Fund

1. How much does a Welfare Fund employee make?

Welfare Fund pays its employees an average of $104,151 per year. The average salary at Welfare Fund range from $91,635 to $117,793 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 Welfare Fund?

The salary at Welfare Fund is higher than the similar company. The average annual salary at Welfare Fund is $104,151, or an hourly wage of $50, in comparison to WAICU Inc which pays $91,209 per year or $44 per hour.

3. How much does a Chief Academic Officer typically earn at Welfare Fund?

A Chief Academic Officer at Welfare Fund typically earns an average annual base salary of around $202,617, with a general range of $155,539 to $259,010.

4. Do employees with advanced degrees (Master's, PhD) earn more at Welfare Fund?

In many roles at Welfare Fund, 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.

5. How does the cost of living near Jersey City affect the perceived value of a Welfare Fund salary?

Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Welfare Fund based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Welfare Fund typically offer employees?

Welfare Fund 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 Welfare Fund" section on this page.

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