First Merchants Group Salary

First Merchants Group Salary

How much does the First Merchants Group Pay for employees?

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As of July 2026, the average annual salary for employees at First Merchants Group in the United States is $95,723. This translates to an approximate hourly wage of $46. Salaries at First Merchants Group typically range from $83,965 to $108,477 annually, reflecting the diverse roles and experience levels within the company. First Merchants Group’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 First Merchants Group Pay for Different Roles?

Explore detailed salary information for specific jobs at First Merchants Group. 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 First Merchants Group

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

Is First Merchants Group’s Pay Competitive? Salary Benchmarking Analysis

How does First Merchants Group’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)
First Merchants Group
Financial Services
Litchfield Land Trust Inc
nationalhomebuying.com
Industry Comparison
Our data shows that, on average, compensation at First Merchants Group is below the average for the U.S. Financial Services industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared First Merchants Group average annual salary with several similar companies. First Merchants Group average salary of $95,723 is higher than Litchfield Land Trust Inc, which has an average salary of $95,639. It is higher than nationalhomebuying.com, with their average salary at $86,683. This places First Merchants Group 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.

How First Merchants Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at First Merchants Group

Considering a career at First Merchants Group? 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.
Communication and collaboration fluctuate by department. What sets this firm apart is its balance of ambition and empathy. Buddies provide peer support beyond HR training. The work can become repetitive, with few opportunities for innovation. I’ve worked here for several years, and the culture has remained strong.
Commented in February 11, 2025
40
2
Coworkers are diverse and bring rich perspectives to the work. Leadership encourages creative problem-solving, and employees are empowered to contribute ideas. Employee feedback shapes implementation. Mentors provide guidance beyond the formal program. Communication across departments could improve. Flexible arrangements are possible, and there's a genuine understanding of personal commitments out...
Commented in August 01, 2024
40
2
Benefits are comprehensive and competitive, with an emphasis on health and retirement plans. The work is challenging yet rewarding. You’ll know what’s expected each day. The company genuinely cares about its employees' well-being. Agendas are distributed in advance.
Commented in May 28, 2024
40
3

First Merchants Group Overview

Website
www.firstmerchantplatinum.com
Founded In
1994
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1 Hartfield Blvd East Windsor Connecticut CT 06088
Revenue
<$5 Million
Phone Number
+1 8606235252
Social Media
About First Merchants Group
First Merchants Group is a diversified real estate company with a continually expanding portfolio. First Merchants Group was founded in 1993 with the goal of developing, acquiring and managing Class A real estate. FMG specializes in "opportunity" properties with value-added potential using a structured capital investment program and intensive site management. The company portfolio consists of a va

What Benefits Does First Merchants Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Merchants Group 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 Hartford?

Understanding the cost of living near Hartford is key to truly evaluating a salary offer or your current compensation at First Merchants Group.
Hartford's Cost of Living Index is approximately 99.2 (0.8% less expensive than US average; 7.9% less than CT average). State capital, 'Insurance Capital', housing is relatively affordable for a NE city. CTtransit, CTfastrak. When planning your budget based on a salary from First Merchants Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of First Merchants Group salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,573 - $4,033+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Merchants Group

1. What is the estimated average total compensation at First Merchants Group?

Salary.com estimates that the average total compensation package at First Merchants Group, which can include base salary, potential bonuses, and benefits, is around $95,723 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does First Merchants Group pay compared to Litchfield Land Trust Inc?

The average annual salary at First Merchants Group is $95,723, or an hourly wage of $46, in comparison to Litchfield Land Trust Inc which pays $95,639 per year or $46 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at First Merchants Group?

Salary progression from an entry-level to a senior role at First Merchants Group 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.

4. How can I determine if a salary offer from First Merchants Group in Hartford is fair given the local cost of living?

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

5. Are promotions at First Merchants Group usually accompanied by a significant salary increase?

Yes, promotions at First Merchants Group 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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