Farber Insurance & Annuity Services Salary

Farber Insurance & Annuity Services Salary

How Much Does Farber Insurance & Annuity Services Pay for employees?

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As of August 2026, the average annual salary for employees at Farber Insurance & Annuity Services in the United States is $95,357. This translates to an approximate hourly wage of $46. Salaries at Farber Insurance & Annuity Services typically range from $86,062 to $106,559 annually, reflecting the diverse roles and experience levels within the company. Farber Insurance & Annuity Services’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 Farber Insurance & Annuity Services 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.

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Lawn Care

$186,305 / year

Salary Range: $167,171 - $211,605

Physician

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 Farber Insurance & Annuity Services.
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About Farber Insurance & Annuity Services: Company Profile

Website
www.farberinsurance.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Location
WHITEHOUSE STATION
Revenue
<$5 Million
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 Farber Insurance & Annuity Services's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It’s a good fit for those who prefer routine and stability in their roles. The office culture is collaborative, and management is approachable. I’m pleased with my experience at this company. There’s a real sense of camaraderie, making it a pleasant workplace. The work environment is inclusive, and managers are supportive of career aspirations.
Commented in February 16, 2025
8
3
The benefits package is adequate, covering essentials like health and dental. Good communication from leadership. Even with a large workforce, individual contributions are recognized. Benefits are standard for the industry, and the workload is consistent. I appreciate the emphasis on teamwork and professional development. The insurance industry can be demanding, but the company provides excellent ...
Commented in June 27, 2024
49
0
The insurance products are solid, and client interactions are straightforward. Work expectations are clear, and processes are streamlined for productivity. Workloads are balanced, though more team-building activities would be welcome. The team is cohesive, and teamwork is highly encouraged.
Commented in February 18, 2024
40
3

How Farber Insurance & Annuity Services's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Farber Insurance & Annuity Services’s pay competitiveness. Click on a company for a deeper dive.

Is Farber Insurance & Annuity Services’s Pay Competitive? Salary Benchmarking Analysis

How does Farber Insurance & Annuity Services’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)
Farber Insurance & Annuity Services
Insurance
FARMER INSURANCE
FARMINGTON INSURANCE AGENCY
Industry Comparison
Our data shows that, on average, compensation at Farber Insurance & Annuity Services is below the average for the U.S. Insurance industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Farber Insurance & Annuity Services average annual salary with several similar companies. Farber Insurance & Annuity Services average salary of $95,357 is higher than FARMER INSURANCE, which has an average salary of $90,571. It is higher than FARMINGTON INSURANCE AGENCY, with their average salary at $85,675. This places Farber Insurance & Annuity Services 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.

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 Farber Insurance & Annuity Services.
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 Farber Insurance & Annuity Services, 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 Farber Insurance & Annuity Services 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.

Most Common Questions About Farber Insurance & Annuity Services

FAQ 1: What is the estimated average total compensation at Farber Insurance & Annuity Services?
Salary.com estimates that the average total compensation package at Farber Insurance & Annuity Services, which can include base salary, potential bonuses, and benefits, is around $95,357 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Farber Insurance & Annuity Services pay compared to FARMER INSURANCE?
The average annual salary at Farber Insurance & Annuity Services is $95,357, or an hourly wage of $46, in comparison to FARMER INSURANCE which pays $90,571 per year or $44 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Farber Insurance & Annuity Services?
Salary progression from an entry-level to a senior role at Farber Insurance & Annuity Services 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.
FAQ 4: How can I determine if a salary offer from Farber Insurance & Annuity Services in Somerset is fair given the local cost of living?
To determine if a salary offer from Farber Insurance & Annuity Services in Somerset is fair, first compare the gross salary to our data for similar roles at Farber Insurance & Annuity Services and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Somerset" to understand its purchasing power.
FAQ 5: Are promotions at Farber Insurance & Annuity Services usually accompanied by a significant salary increase?
Yes, promotions at Farber Insurance & Annuity Services 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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