Commonwealth Annuity Salary

Commonwealth Annuity Salary

How Much Does Commonwealth Annuity Pay for employees?

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As of May 2026, the average annual salary for employees at Commonwealth Annuity in the United States is $105,726. This translates to an approximate hourly wage of $51. Salaries at Commonwealth Annuity typically range from $92,679 to $120,051 annually, reflecting the diverse roles and experience levels within the company. Commonwealth Annuity’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 Commonwealth Annuity Pay for Different Roles?

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.

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Commonwealth Annuity.
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About Commonwealth Annuity: Company Profile

Website
www.commonwealthannuity.com
Founded In
2002
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Location
SOUTHBOROUGH
Revenue
$500 Million - $1B
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Commonwealth Annuity's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Training programs are detailed and continuous. This cooperative spirit makes challenging projects enjoyable and productive. Compliance training is thorough but engaging. Quiet rooms enable focused work. This principled approach makes me genuinely proud to be part of this organization and its positive impact.
Commented in February 12, 2025
34
3
Leadership actively promotes equity through inclusive hiring practices and employee resource groups. Tasks are repetitive but manageable. From operations to compliance, people collaborate openly and share information freely. Management listens, feedback matters, and collaboration is genuine.
Commented in February 01, 2025
40
3
Training on new software is readily available, making transitions smooth. I’ve had excellent mentorship and space to develop professionally. You’ll know what’s expected each day. Every team meeting feels purposeful and productive. There’s strong mentorship and regular check-ins. Work can be repetitive, and promotion opportunities are limited.
Commented in September 15, 2024
33
3
Touches like quality coffee and fresh fruit make a difference. Leadership is supportive and transparent, providing clear communication and career growth opportunities. Workload distribution is carefully monitored. Salaries are above market rate, with substantial performance bonuses and profit sharing. Corporate communications are professional yet engaging.
Commented in February 04, 2024
37
1

Is Commonwealth Annuity’s Pay Competitive? Salary Benchmarking Analysis

How does Commonwealth Annuity’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Commonwealth Annuity
Financial Services
Company 1
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Industry Comparison
Our data shows that, on average, compensation at Commonwealth Annuity is below the average for the U.S. Financial Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
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.

What Is the Cost of Living Near Framingham?

Understanding the cost of living near Framingham is key to truly evaluating a salary offer or your current compensation at Commonwealth Annuity.
Framingham's Cost of Living Index is approximately 125.7 (25.7% more expensive than US average; 5.2% less than MA average). MetroWest hub, housing costs above US avg. MWRTA bus, Commuter Rail. When planning your budget based on a salary from Commonwealth Annuity, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Commonwealth Annuity salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MWRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,080+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Commonwealth Annuity

FAQ 1: What is the typical salary range (low to high) for most roles at Commonwealth Annuity?
The typical annual salary range for most roles at Commonwealth Annuity is approximately from $92,679 to $120,051. 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.
FAQ 2: Do salaries differ significantly between departments at Commonwealth Annuity?
Yes, salaries often differ between departments at Commonwealth Annuity 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.
FAQ 3: How can I determine if a salary offer from Commonwealth Annuity in Framingham is fair given the local cost of living?
To determine if a salary offer from Commonwealth Annuity in Framingham is fair, first compare the gross salary to our data for similar roles at Commonwealth Annuity and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Framingham" to understand its purchasing power.
FAQ 4: What factors influence salary increases at Commonwealth Annuity?
Salary increases at Commonwealth Annuity are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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