CareComp Salary

CareComp Salary

How much does the CareComp Pay for employees?

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As of May 2026, the average annual salary for employees at CareComp in the United States is $80,639. This translates to an approximate hourly wage of $39. Salaries at CareComp typically range from $70,953 to $91,174 annually, reflecting the diverse roles and experience levels within the company. CareComp’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 CareComp Pay for Different Roles?

Explore detailed salary information for specific jobs at CareComp. 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.
How accurate does the salary look to you?

Current Job Openings at CareComp

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

Is CareComp’s Pay Competitive? Salary Benchmarking Analysis

How does CareComp’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)
CareComp
Insurance
Pacific Interstate Insurance Brokers
Mosse & Mosse Insurance Associates LLC
Industry Comparison
Our data shows that, on average, compensation at CareComp is below the average for the U.S. Insurance industry by approximately 35%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared CareComp average annual salary with several similar companies. CareComp average salary of $80,639 is lower than Pacific Interstate Insurance Brokers, which has an average salary of $95,923. It is lower than Mosse & Mosse Insurance Associates LLC, with their average salary at $98,487. This places CareComp in a developing 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 CareComp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at CareComp

Considering a career at CareComp? 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 company is stable, with clear workflows. Colleagues are respectful and easy to work with. Benefits align with industry norms, and the office location is convenient. Compensation is competitive, and the 401(k) match is a great perk. It’s a great place for insurance professionals looking for stability and growth.
Commented in March 27, 2025
27
2
The company offers great training and development programs. The company’s commitment to innovation keeps it competitive in the insurance market. This company values employee input and fosters a positive work culture. Benefits align with industry standards, and management is accessible. The company offers excellent training programs, and the team is very supportive. Great workplace with a strong em...
Commented in November 11, 2024
44
1
I’d recommend it to anyone looking for growth in this field. Impressive benefits package and strong emphasis on diversity. Teams work well together, and management is always open to new ideas.
Commented in September 30, 2024
27
3

CareComp Overview

Website
www.care-comp.com
Founded In
1993
Employees
<25 employees
Industry
Insurance
Headquarter Address
4156 Carmichael Rd Montgomery Alabama AL 36106
Revenue
<$5 Million
Phone Number
+1 3342716214
Social Media
About CareComp
Millennium Risk Managers is Alabama owned and operated and has acted in this capacity as "TPA'" since 1993. CareComp | 4156 Carmichael Rd | Montgomery, AL 36106 | Ph: 334.271.6214 | Fax: 334.244.6509

What Benefits Does CareComp Offer Beyond Salary?

A competitive compensation package is more than just a salary. CareComp 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 Montgomery?

Understanding the cost of living near Montgomery is key to truly evaluating a salary offer or your current compensation at CareComp.
Montgomery's Cost of Living Index is approximately 77.4 (22.6% less expensive than US average; 5.9% less than AL average). Primary driver is very low housing costs. When planning your budget based on a salary from CareComp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,300+ A significant portion of CareComp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $50 (The M Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $500 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,880 - $3,240+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of CareComp

1. How much does a CareComp employee make?

CareComp pays its employees an average of $80,639 per year. The average salary at CareComp range from $70,953 to $91,174 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 CareComp?

The salary at CareComp is lesser than the similar company. The average annual salary at CareComp is $80,639, or an hourly wage of $39, in comparison to Pacific Interstate Insurance Brokers which pays $95,923 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at CareComp?

In many roles at CareComp, 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.

4. How does the cost of living near Montgomery affect the perceived value of a CareComp salary?

Montgomery's Cost of Living Index is approximately 77.4 (22.6% less expensive than US average; 5.9% less than AL average). This significantly impacts the purchasing power of a salary from CareComp based there. Our "Cost of Living Insights for Montgomery" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does CareComp typically offer employees?

CareComp 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 CareComp" section on this page.

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