Forrest Sherer Inc Salary

Forrest Sherer Inc Salary

How much does the Forrest Sherer Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Forrest Sherer Inc in the United States is $89,911. This translates to an approximate hourly wage of $43. Salaries at Forrest Sherer Inc typically range from $79,054 to $101,770 annually, reflecting the diverse roles and experience levels within the company. Forrest Sherer Inc’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.
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Current Job Openings at Forrest Sherer Inc

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Is Forrest Sherer Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Forrest Sherer Inc’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
180k
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Average Salary ($/year)
Forrest Sherer Inc
Insurance
Winton-Ireland Insurance Agency Inc
KCAL Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Forrest Sherer Inc is below the average for the U.S. Insurance industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Forrest Sherer Inc average annual salary with several similar companies. Forrest Sherer Inc average salary of $89,911 is lower than Winton-Ireland Insurance Agency Inc, which has an average salary of $105,701. It is lower than KCAL Insurance Agency, with their average salary at $109,678. This places Forrest Sherer Inc in a developing position among its peers.
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How Forrest Sherer Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Forrest Sherer Inc

Considering a career at Forrest Sherer Inc? 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.
Professional development is a priority, with regular training sessions. A solid choice for those prioritizing stability over rapid growth. The work environment is collaborative, and the benefits, including wellness programs, are a big plus. Management is supportive, and teamwork is a core value. The hybrid work model allows flexibility without compromising productivity.
Commented in March 25, 2025
32
3
Benefits like health insurance and retirement plans are solid. While the role may not be highly innovative, it offers stability and industry-standard benefits. Compensation is competitive. The insurance sector is steady, and workloads are manageable.
Commented in February 20, 2025
44
1
The hybrid work model is a huge plus. Workload distribution is fair, though some tasks can be repetitive. Compensation is competitive, and the 401(k) match is generous. Great place to work with a strong emphasis on employee satisfaction.
Commented in November 03, 2024
28
1
The office is well-maintained, and benefits are standard for the industry. Happy to be here. The company also emphasizes diversity and inclusion, making it a welcoming workplace. The insurance products are competitive, and client interactions are fulfilling. Work processes are streamlined, and teams are cooperative. Transparent communication from leadership.
Commented in June 21, 2024
14
2
This company operates smoothly with structured workflows. It’s a good place for those who prefer a steady, low-drama workplace. The insurance products are top-notch, and client service is a focus. The benefits package, including health insurance and retirement plans, is competitive. It’s a decent place to work if you prefer stability and routine in the insurance field.
Commented in January 08, 2024
26
1

Forrest Sherer Inc Overview

Website
www.forrestsherer.com
Founded In
1920
Employees
100 - 200 employees
Industry
Insurance
Headquarter Address
24 N 6th St Terre Haute Indiana IN 47807
Revenue
$10 Million - $50 Million
Phone Number
+1 8122320441
Social Media
About Forrest Sherer Inc
Forrest Sherer "Man of Action" founded this independent insurance agency in 1920 as a sole proprietorship. Sherer incorporated the business in 1963. The business grew steadily during the first 40 years in business with an ever-growing staff of people. Sherer included in his services the "extraordinary initiative" of establishing a claims department which still exists today in the assisting and cla

What Benefits Does Forrest Sherer Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forrest Sherer Inc 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 Terre Haute?

Understanding the cost of living near Terre Haute is key to truly evaluating a salary offer or your current compensation at Forrest Sherer Inc.
Terre Haute's Cost of Living Index is approximately 76.1 (23.9% less expensive than US average; 16.0% less than IN average). Western IN city (Indiana State Univ.), very affordable housing. Terre Haute Transit. When planning your budget based on a salary from Forrest Sherer Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Forrest Sherer Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (TH Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,760 - $2,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forrest Sherer Inc

1. How much does a Forrest Sherer Inc employee make?

Forrest Sherer Inc pays its employees an average of $89,911 per year. The average salary at Forrest Sherer Inc range from $79,054 to $101,770 per year. 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. Which similar company tend to pay more or less than Forrest Sherer Inc?

The salary at Forrest Sherer Inc is lesser than the similar company. The average annual salary at Forrest Sherer Inc is $89,911, or an hourly wage of $43, in comparison to Winton-Ireland Insurance Agency Inc which pays $105,701 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Forrest Sherer Inc?

In many roles at Forrest Sherer Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Terre Haute affect the perceived value of a Forrest Sherer Inc salary?

Terre Haute's Cost of Living Index is approximately 76.1 (23.9% less expensive than US average; 16.0% less than IN average). This significantly impacts the purchasing power of a salary from Forrest Sherer Inc based there. Our "Cost of Living Insights for Terre Haute" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Forrest Sherer Inc typically offer employees?

Forrest Sherer Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Forrest Sherer Inc" section on this page.

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