Balan Inc Salary

Balan Inc Salary

How much does the Balan Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Balan Inc in the United States is $108,739. This translates to an approximate hourly wage of $52. Salaries at Balan Inc typically range from $95,667 to $122,939 annually, reflecting the diverse roles and experience levels within the company. Balan 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 Balan Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Balan 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 Balan Inc

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

Is Balan Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Balan 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
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Average Salary ($/year)
Balan Inc
Insurance
Diversified Public Adjusters LLC
Mcst
Industry Comparison
Our data shows that, on average, compensation at Balan Inc is below the average for the U.S. Insurance industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Balan Inc average annual salary with several similar companies. Balan Inc average salary of $108,739 is higher than Diversified Public Adjusters LLC, which has an average salary of $103,434. It is higher than Mcst, with their average salary at $87,801. This places Balan Inc in a competitive 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 Balan Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Balan Inc

Considering a career at Balan 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.
Work-life balance is respected, and management is responsive to concerns. The company fosters a collaborative environment where employees are encouraged to grow professionally. The insurance industry can be complex, but the resources provided make it easier to navigate. The work environment is inclusive, and career advancement is encouraged.
Commented in April 19, 2025
42
1
I’ve grown significantly since joining this company. I’d highly recommend this employer to others in the industry. The insurance industry expertise here is impressive, making daily work meaningful. It’s a good fit for those who prefer a steady, low-drama workplace. A reliable workplace for those who prefer structured roles in insurance. The company offers a stable career path with good compensatio...
Commented in October 23, 2024
19
0
Flexible work options are a big plus. The company operates efficiently with clear role expectations. The team is professional, and collaboration happens smoothly.
Commented in January 17, 2024
8
0

Balan Inc Overview

Website
www.balanceuw.com
Founded In
1988
Employees
<25 employees
Industry
Insurance
Headquarter Address
366 Pearsall Ave Cedarhurst New York NY 11516
Revenue
<$5 Million
Phone Number
+1 2123333522
Social Media
About Balan Inc
For the past decade, the MGA/MGU business has grown at an unprecedented rate. Demand for program business and new relationships has grown significantly as both reinsurers and insurers seek access to business in the face of rate pressure; an increased need to identify untapped distribution channels, and lastly; many carriers inability to adapt to the changing landscape across nearly every commercia

What Benefits Does Balan Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Balan 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Balan Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Balan Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Balan Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Balan Inc

1. What is the estimated average total compensation at Balan Inc?

Salary.com estimates that the average total compensation package at Balan Inc, which can include base salary, potential bonuses, and benefits, is around $108,739 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Balan Inc pay compared to Diversified Public Adjusters LLC?

The average annual salary at Balan Inc is $108,739, or an hourly wage of $52, in comparison to Diversified Public Adjusters LLC which pays $103,434 per year or $50 per hour.

3. Do salaries differ significantly between departments at Balan Inc?

Yes, salaries often differ between departments at Balan Inc 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Balan Inc?

Salary progression from an entry-level to a senior role at Balan 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.

5. How can I determine if a salary offer from Balan Inc in New York is fair given the local cost of living?

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

6. Are promotions at Balan Inc usually accompanied by a significant salary increase?

Yes, promotions at Balan 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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