Wigand Insurance Group Salary
How Much Does Wigand Insurance Group Pay for Different Roles?
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Current Job Openings at Wigand Insurance Group
Is Wigand Insurance Group’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Thomas J Woods Insurance Agency Inc | $95,312 |
+7.6%
|
Influenced by prevailing union wage agreements specific to Thomas J Woods Insurance Agency Inc's sector. |
| Insurance Holdings | $100,512 |
+13.4%
|
Supported by Insurance Holdings's high-margin contracts allowing higher overhead. |
| 1st Security Insurance | $83,034 |
-6.3%
|
1st Security Insurance focuses strategically on recruiting and training entry-level apprentices. |
| RT Insurance | $86,283 |
-2.6%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Insurance Industry | $123,858 |
+39.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Wigand Insurance Group's Salaries Compare to Similar Companies?
Thomas J Woods Insurance Agency Inc
$95,312 / year
Salary Range: $83,865 - $107,770
Worcester, MA
Insurance Holdings
$100,512 / year
Salary Range: $88,419 - $113,684
San Diego, CA
1st Security Insurance
$83,034 / year
Salary Range: $73,061 - $93,893
Bloomfield, IN
RT Insurance
$86,283 / year
Salary Range: $75,911 - $97,551
Crawfordsville, IN
Steffey Insurance
$88,835 / year
Salary Range: $78,156 - $100,441
Indianapolis, IN
Rothschild Agency Inc
$92,411 / year
Salary Range: $81,299 - $104,477
Merrillville, IN
Benefits 7 Inc
$87,000 / year
Salary Range: $76,552 - $98,368
Evansville, IN
Innovative Reinsurance Group Inc
$85,481 / year
Salary Range: $75,214 - $96,661
Cicero, IN
Sterling Investors Life Insurance Co
$90,006 / year
Salary Range: $79,191 - $101,770
Indianapolis, IN
Employee Reviews: Working at Wigand Insurance Group
Wigand Insurance Group Overview
What Benefits Does Wigand Insurance Group Offer Beyond Salary?
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What Is the Cost of Living Near Indianapolis?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,400+ | A significant portion of Wigand Insurance Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (IndyGo 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 | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,240 - $3,510+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Wigand Insurance Group
1. What is the typical salary range (low to high) for most roles at Wigand Insurance Group?
The typical annual salary range for most roles at Wigand Insurance Group is approximately from $77,963 to $100,185. 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. How much does Wigand Insurance Group pay compared to Thomas J Woods Insurance Agency Inc?
The average annual salary at Wigand Insurance Group is $88,603, or an hourly wage of $43, in comparison to Thomas J Woods Insurance Agency Inc which pays $95,312 per year or $46 per hour.
3. Do salaries differ significantly between departments at Wigand Insurance Group?
Yes, salaries often differ between departments at Wigand Insurance Group due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.
4. How does experience level affect salary at Wigand Insurance Group?
Experience level is a significant factor in determining salary at Wigand Insurance Group, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
5. How can I determine if a salary offer from Wigand Insurance Group in Indianapolis is fair given the local cost of living?
To determine if a salary offer from Wigand Insurance Group in Indianapolis is fair, first compare the gross salary to our data for similar roles at Wigand Insurance Group and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Indianapolis" to understand its purchasing power.
6. What are the key factors that influence salary levels at Wigand Insurance Group?
Several key factors influence salary levels at Wigand Insurance Group. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Wigand Insurance Group likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.
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