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Baker-Hopp Inc Salary

Baker-Hopp Inc Salary

How much does the Baker-Hopp Inc Pay for employees?

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As of October 2026, the average monthly salary for employees at Baker-Hopp Inc in the United States is $7,664. This translates to an approximate annual wage of $91,968. Salaries at Baker-Hopp Inc typically range from $6,743 to $8,666 monthly, reflecting the diverse roles and experience levels within the company. Baker-Hopp Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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.

How Much Does Baker-Hopp Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Baker-Hopp Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
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Current Job Openings at Baker-Hopp Inc

Ready for your next career move? Explore current job openings at Baker-Hopp Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Baker-Hopp Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Baker-Hopp Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Baker-Hopp Inc
Insurance
I-insureme
Designs In Life Insurance Marketing
Industry Comparison
Our data shows that, on average, compensation at Baker-Hopp Inc is below the average for the U.S. Insurance industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Baker-Hopp Inc average annual salary with several similar companies. Baker-Hopp Inc average salary of $91,968 is higher than I-insureme, which has an average salary of $89,468. It is lower than Designs In Life Insurance Marketing, with their average salary at $95,712. This places Baker-Hopp Inc in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Baker-Hopp Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Baker-Hopp Inc

Considering a career at Baker-Hopp 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.
The office has great amenities, including a wellness room and free snacks. Team dynamics are good, though more cross-training would be beneficial. The leadership team is transparent about company goals, which helps employees align their efforts. Communication from upper management is consistent, though not always detailed. The office atmosphere is friendly, and collaboration is encouraged.
Commented in April 30, 2025
40
1
Colleagues are generally cooperative, and there’s minimal turnover in my department. This company is an excellent place to build a career in insurance. A great employer for those passionate about insurance. The company also recognizes hard work through bonuses and awards, which boosts morale. Management communicates expectations clearly, and processes are well-structured. The company offers great ...
Commented in February 13, 2025
25
2
The benefits, including stock options and health plans, are outstanding. Training programs are thorough, helping new hires adjust quickly. The corporate culture emphasizes inclusivity, making it a welcoming place for diverse talent. Leadership encourages innovation, and employees feel valued. The leadership team is forward-thinking, and employees are given opportunities to take on new challenges.
Commented in February 28, 2024
39
3

Baker-Hopp Inc Overview

Website
www.bakerhopp.com
Founded In
1916
Employees
<25 employees
Industry
Insurance
Headquarter Address
20789 Harper Ave Harper Woods Michigan MI 48225
Revenue
$5 Million - $10 Million
Phone Number
+1 3138866770
Social Media
About Baker-Hopp Inc
Baker-Hopp & Associates is a leading risk management and insurance firm serving businesses and individuals in the areas of business and personal insurance and employee benefits. Our advisors focus on identifying risks critical to the client that can pose economic loss, develop a plan to control the exposure and implement solution strategies. Our process generates a reduction in insurance premiums,

What Benefits Does Baker-Hopp Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Baker-Hopp 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Baker-Hopp Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Baker-Hopp Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Baker-Hopp Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Baker-Hopp Inc

1. How much does a Baker-Hopp Inc employee make?

Baker-Hopp Inc pays its employees an average of $91,968 per year. The average salary at Baker-Hopp Inc range from $80,914 to $103,990 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 Baker-Hopp Inc?

The salary at Baker-Hopp Inc is higher than the similar company. The average annual salary at Baker-Hopp Inc is $91,968, or an hourly wage of $44, in comparison to I-insureme which pays $89,468 per year or $43 per hour.

3. How much does a President typically earn at Baker-Hopp Inc?

A President at Baker-Hopp Inc typically earns an average annual base salary of around $711,913, with a general range of $544,956 to $897,188.

4. Do employees with advanced degrees (Master's, PhD) earn more at Baker-Hopp Inc?

In many roles at Baker-Hopp Inc, 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 Detroit affect the perceived value of a Baker-Hopp Inc salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Baker-Hopp Inc based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Baker-Hopp Inc typically offer employees?

Baker-Hopp Inc 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 Baker-Hopp Inc" section on this page.

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