Five Lakes Professional Services Salary

Five Lakes Professional Services Salary

How much does the Five Lakes Professional Services Pay for employees?

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As of August 2026, the average hourly salary for employees at Five Lakes Professional Services in the United States is $44. This translates to an approximate annual wage of $91,652. Salaries at Five Lakes Professional Services typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company. Five Lakes Professional 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 Five Lakes Professional Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Five Lakes Professional Services. 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 Five Lakes Professional Services

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

Is Five Lakes Professional Services’s Pay Competitive? Salary Benchmarking Analysis

How does Five Lakes Professional Services’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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90k
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Average Salary ($/year)
Five Lakes Professional Services
Insurance
Premier Health Plan Inc
Elderwood Health Plan
Industry Comparison
Our data shows that, on average, compensation at Five Lakes Professional Services is below the average for the U.S. Insurance industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Five Lakes Professional Services average annual salary with several similar companies. Five Lakes Professional Services average salary of $91,652 is lower than Premier Health Plan Inc, which has an average salary of $93,202. It is higher than Elderwood Health Plan, with their average salary at $88,793. This places Five Lakes Professional Services in a mid-range position among its peers.
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Companies Similar to Five Lakes Professional Services and Their Hourly Pay Rates

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

Employee Reviews: Working at Five Lakes Professional Services

Considering a career at Five Lakes Professional Services? 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.
A fantastic employer. Managers are supportive and provide the resources needed to succeed. The company’s emphasis on work-life balance is commendable. Work-life balance is respected, and the office vibe is positive.
Commented in May 12, 2025
31
2
Team collaboration is encouraged, and there’s a real sense of camaraderie. A solid choice for those prioritizing stability over rapid growth. The company invests in employee development through training programs. There’s not much flexibility in role changes, but job security is high. Career growth opportunities are abundant, with mentorship programs and skill-building initiatives.
Commented in December 02, 2024
24
1
Managers are supportive, and the insurance products are well-designed. Corporate communications are clear, keeping everyone informed. Colleagues are knowledgeable and collaborative. A top employer in the insurance sector.
Commented in November 21, 2024
31
1
The compensation is fair, with bonuses and performance incentives. The insurance products are well-regarded, aiding client trust. The hybrid work model is well-structured and effective. A stable employer with standard industry benefits. Colleagues are competent, though interactions are minimal. The company offers good incentives and a healthy work environment. The office atmosphere is welcoming, a...
Commented in October 15, 2024
13
2
This insurance company stands out due to its employee-centric policies. Career growth is encouraged, and the work environment is inclusive. There’s a good mix of autonomy and teamwork. Compensation is competitive, making it a rewarding workplace.
Commented in March 03, 2024
28
1

Five Lakes Professional Services Overview

Website
www.fivelakespro.com
Founded In
2010
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
6095 Parkland Blvd Mayfield Heights Ohio OH 44124
Revenue
<$5 Million
Phone Number
+1 8779552537
Social Media
About Five Lakes Professional Services
Ranked #286 on the 2016 Inc. 5000, Five Lakes Professional Services is a leading provider of PPO management and dental consulting services founded in 2012. The company is based in Mayfield heights Ohio.

What Benefits Does Five Lakes Professional Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Five Lakes Professional Services 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Five Lakes Professional Services.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Five Lakes Professional Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Five Lakes Professional Services salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Five Lakes Professional Services

1. What is the average salary for employees at Five Lakes Professional Services?

The average total compensation for employees at Five Lakes Professional Services is approximately $44 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $39 to $50 per hour, depending on factors like job role, experience, and location.

2. How much does Five Lakes Professional Services pay compared to Premier Health Plan Inc?

The average annual salary at Five Lakes Professional Services is $91,652, or an hourly wage of $44, in comparison to Premier Health Plan Inc which pays $93,202 per year or $45 per hour.

3. What is the lowest salary at Five Lakes Professional Services?

The lowest-paying job at Five Lakes Professional Services is a Client Advisor with a salary of $52,713 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Five Lakes Professional Services?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Five Lakes Professional Services for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Five Lakes Professional Services offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cleveland?

While some companies offer formal COLA, many, including potentially Five Lakes Professional Services, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Five Lakes Professional Services?

Most companies, likely including Five Lakes Professional Services, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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