Benefit Concepts Inc Salary

Benefit Concepts Inc Salary

How much does the Benefit Concepts Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Benefit Concepts Inc in the United States is $81,620. This translates to an approximate hourly wage of $39. Salaries at Benefit Concepts Inc typically range from $71,567 to $92,540 annually, reflecting the diverse roles and experience levels within the company. Benefit Concepts 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 Benefit Concepts Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Benefit Concepts 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 Benefit Concepts Inc

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

Is Benefit Concepts Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Benefit Concepts 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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120k
90k
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Average Salary ($/year)
Benefit Concepts Inc
Financial Services
Inter-continental Bank
5TH 3RD Bank
Industry Comparison
Our data shows that, on average, compensation at Benefit Concepts Inc is below the average for the U.S. Financial Services industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Benefit Concepts Inc average annual salary with several similar companies. Benefit Concepts Inc average salary of $81,620 is lower than Inter-continental Bank, which has an average salary of $101,735. It is lower than 5TH 3RD Bank, with their average salary at $88,086. This places Benefit Concepts Inc in a developing position among its peers.
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How Benefit Concepts Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Benefit Concepts Inc

Considering a career at Benefit Concepts 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.
Management is formal and reserved. I’ve experienced steady growth and feel well supported by management. I’ve grown a lot here and feel that leadership truly invests in people. Leadership trusts employees to deliver and gives us the tools to succeed. Training is provided it is aligned with employee needs.
Commented in February 20, 2025
49
3
Employee feedback shapes implementation. This direct line of communication makes problem-solving quick and effective for us. Teamwork is key, and everyone contributes. The inclusive and diverse workplace culture creates a sense of belonging. What impresses me most is the culture of mutual respect and continuous learning. Processes are deeply rooted, so adaptability is limited.
Commented in July 19, 2024
31
1
The company culture is professional, though sometimes bureaucratic, which can limit innovation and agility. Training is basic but helpful. Competitive salary and excellent benefits make it a great workplace. Managers generally maintain professionalism, but employee engagement varies by department.
Commented in March 12, 2024
20
3

Benefit Concepts Inc Overview

Website
www.benefitbank.net
Founded In
1999
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
8300 Phoenix Ave Fort Smith Arkansas AR 72903
Revenue
$10 Million - $50 Million
Phone Number
+1 4794847000
Social Media
About Benefit Concepts Inc
Located in Fort Smith, AR, Benefit Bank is owned by 40 local families who all share the same philosophy of a customer service bank - our customers are our greatest asset! Founded in December 1999, Benefit Bank has experienced rapid growth for a community bank, increasing its initial assets 10 times in five years. This is due in part because all original 12 employees are leaders in their fields, wi

What Benefits Does Benefit Concepts Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Benefit Concepts 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 Fort Smith?

Understanding the cost of living near Fort Smith is key to truly evaluating a salary offer or your current compensation at Benefit Concepts Inc.
Fort Smith's Cost of Living Index is approximately 74.8 (25.2% less expensive than US average; 5.3% less than AR average). Primary driver for high affordability is extremely low housing costs. Groceries and transportation are also significantly below national averages. When planning your budget based on a salary from Benefit Concepts Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Benefit Concepts Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 - $35 (Fort Smith Transit) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $330 - $480 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,725 - $2,845+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Benefit Concepts Inc

1. What is the average salary for employees at Benefit Concepts Inc?

The average annual total compensation for employees at Benefit Concepts Inc is approximately $81,620. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,567 to $92,540, depending on factors like job role, experience, and location.

2. How much does Benefit Concepts Inc pay compared to Inter-continental Bank?

The average annual salary at Benefit Concepts Inc is $81,620, or an hourly wage of $39, in comparison to Inter-continental Bank which pays $101,735 per year or $49 per hour.

3. What is the lowest salary at Benefit Concepts Inc?

The lowest-paying job at Benefit Concepts Inc is a Senior Account Executive with a salary of $67,440 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Benefit Concepts Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Benefit Concepts Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Benefit Concepts Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Fort Smith?

While some companies offer formal COLA, many, including potentially Benefit Concepts Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Benefit Concepts Inc?

Most companies, likely including Benefit Concepts Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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