Concord Management Resources Salary

How much does the Concord Management Resources Pay for employees?

As of August 2026, the average annual salary for employees at Concord Management Resources in the United States is $102,716. This translates to an approximate hourly wage of $49. Salaries at Concord Management Resources typically range from $90,380 to $116,135 annually, reflecting the diverse roles and experience levels within the company. Concord Management Resources’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 Concord Management Resources Pay for Different Roles?

Explore detailed salary information for specific jobs at Concord Management Resources. 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 Concord Management Resources

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

Is Concord Management Resources’s Pay Competitive? Salary Benchmarking Analysis

How does Concord Management Resources’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)
Concord Management Resources
Insurance
Garry Insurancenter
Burke & Burke Insurance LLC
Industry Comparison
Our data shows that, on average, compensation at Concord Management Resources is below the average for the U.S. Insurance industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Concord Management Resources average annual salary with several similar companies. Concord Management Resources average salary of $102,716 is higher than Garry Insurancenter, which has an average salary of $97,042. It is higher than Burke & Burke Insurance LLC, with their average salary at $101,208. This places Concord Management Resources in a competitive position among its peers.
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Employee Reviews: Working at Concord Management Resources

Considering a career at Concord Management Resources? 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 environment is quiet and conducive to focused work. Workload distribution is fair, and colleagues are easy to work with. The office setup is practical, and remote work is occasionally an option. Community engagement initiatives allow employees to give back, adding purpose beyond daily tasks. The company is well-run, with a focus on efficiency.
The hybrid schedule allows flexibility, and the health benefits are excellent. Workload distribution is fair, and teamwork is encouraged. I’m happy with my decision to join this organization. The company offers a fantastic workplace with opportunities for growth. The office culture is welcoming, and there are plenty of networking opportunities. A good fit for those seeking consistency in their car...
The culture is welcoming, and there’s a strong sense of teamwork. Benefits are excellent, and growth opportunities exist. Leadership is accessible, and the work culture is motivating. The insurance solutions offered are innovative, making work engaging. This company provides stability and growth opportunities in the insurance sector.

Concord Management Resources Overview

Website
www.concordmgt.com
Founded In
2019
Employees
<25 employees
Industry
Insurance
Headquarter Address
80 Cottontail Ln Somerset New Jersey NJ 08873
Revenue
$5 Million - $10 Million
Phone Number
+1 9082936100
Social Media
About Concord Management Resources
Concord Management Resources offers alternative health plan solutions for MEWAs, associations and cooperatives.

What Benefits Does Concord Management Resources Offer Beyond Salary?

A competitive compensation package is more than just a salary. Concord Management Resources 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Somerset?

Understanding the cost of living near Somerset is key to truly evaluating a salary offer or your current compensation at Concord Management Resources.
Somerset (Franklin Twp) Cost of Living Index is approx. 115-120. Middlesex/Somerset Co., housing above US avg. NJ Transit. When planning your budget based on a salary from Concord Management Resources, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,400+ A significant portion of Concord Management Resources salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,140 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Concord Management Resources

1. What is the typical salary range (low to high) for most roles at Concord Management Resources?

The typical annual salary range for most roles at Concord Management Resources is approximately from $90,380 to $116,135. 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. How much does Concord Management Resources pay compared to Garry Insurancenter?

The average annual salary at Concord Management Resources is $102,716, or an hourly wage of $49, in comparison to Garry Insurancenter which pays $97,042 per year or $47 per hour.

3. Do salaries differ significantly between departments at Concord Management Resources?

Yes, salaries often differ between departments at Concord Management Resources 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. How does experience level affect salary at Concord Management Resources?

Experience level is a significant factor in determining salary at Concord Management Resources, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Concord Management Resources in Somerset is fair given the local cost of living?

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

6. What factors influence salary increases at Concord Management Resources?

Salary increases at Concord Management Resources 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.