Hoffman Insurance Services Inc Salary

Hoffman Insurance Services Inc Salary

How much does the Hoffman Insurance Services Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Hoffman Insurance Services Inc in the United States is $101,482. This translates to an approximate hourly wage of $49. Salaries at Hoffman Insurance Services Inc typically range from $89,280 to $114,732 annually, reflecting the diverse roles and experience levels within the company. Hoffman Insurance Services 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.

How Much Does Hoffman Insurance Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Hoffman Insurance Services Inc. 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 Hoffman Insurance Services Inc

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

Is Hoffman Insurance Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hoffman Insurance Services 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
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Average Salary ($/year)
Hoffman Insurance Services Inc
Insurance
Goodhart National Gorman Agency Inc
Precise Adjustments Inc
Industry Comparison
Our data shows that, on average, compensation at Hoffman Insurance Services Inc is below the average for the U.S. Insurance industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Hoffman Insurance Services Inc average annual salary with several similar companies. Hoffman Insurance Services Inc average salary of $101,482 is lower than Goodhart National Gorman Agency Inc, which has an average salary of $105,459. It is higher than Precise Adjustments Inc, with their average salary at $90,934. This places Hoffman Insurance Services Inc in a mid-range 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 Hoffman Insurance Services Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Hoffman Insurance Services Inc

Considering a career at Hoffman Insurance Services 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.
It’s a good fit for those who value predictability in their career. While the benefits are standard, they meet industry expectations. The insurance industry can be fast-paced, but the management ensures employees have the tools to succeed. Leadership is visionary, and teamwork is a priority. The leadership team here is exceptional, fostering a positive work environment.
Commented in March 17, 2025
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It’s a great place to grow professionally while enjoying a positive workplace culture. Training sessions are comprehensive, ensuring employees are well-equipped for their roles. Employees are treated well, and management is transparent about company goals. Happy to be part of this team. The benefits are standard for the industry, and the office environment is comfortable. It’s a company that truly...
Commented in December 11, 2024
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Benefits, including health insurance and retirement plans, are excellent. The insurance industry expertise here is impressive, making daily work meaningful. A great place to grow your career. While there are busy periods, the workload is fair. Team-building activities are organized quarterly, fostering strong relationships.
Commented in March 18, 2024
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Hoffman Insurance Services Inc Overview

Website
www.hoffmaninsurance.com
Founded In
1958
Employees
<25 employees
Industry
Insurance
Headquarter Address
16 Laurel Ave Wellesley Massachusetts MA 02481
Revenue
$5 Million - $10 Million
Phone Number
+1 7812350087
Social Media
About Hoffman Insurance Services Inc
Hoffman Insurance was established in 1958. For 3 generations, Hoffman Insurance has been proud to serve families and businesses in Wellesley and surrounding communities. We are built on the principles of providing superior customer service and quality insurance solutions for our customers. As an independent agent, we work with select insurance companies that have proven their performance over the

What Benefits Does Hoffman Insurance Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hoffman Insurance Services 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 Newton?

Understanding the cost of living near Newton is key to truly evaluating a salary offer or your current compensation at Hoffman Insurance Services Inc.
Newton's Cost of Living Index is approximately 201.5 (101.5% more expensive than US average; 52.0% more than MA average). Affluent Boston suburb, excellent schools, extremely high housing costs. MBTA Green Line/bus. When planning your budget based on a salary from Hoffman Insurance Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,500+ A significant portion of Hoffman Insurance Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $530 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $650 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $470 - $900+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,830 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hoffman Insurance Services Inc

1. What is the estimated average total compensation at Hoffman Insurance Services Inc?

Salary.com estimates that the average total compensation package at Hoffman Insurance Services Inc, which can include base salary, potential bonuses, and benefits, is around $101,482 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Hoffman Insurance Services Inc pay compared to Goodhart National Gorman Agency Inc?

The average annual salary at Hoffman Insurance Services Inc is $101,482, or an hourly wage of $49, in comparison to Goodhart National Gorman Agency Inc which pays $105,459 per year or $51 per hour.

3. Do salaries differ significantly between departments at Hoffman Insurance Services Inc?

Yes, salaries often differ between departments at Hoffman Insurance Services Inc 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Hoffman Insurance Services Inc?

Salary progression from an entry-level to a senior role at Hoffman Insurance Services Inc 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.

5. How can I determine if a salary offer from Hoffman Insurance Services Inc in Newton is fair given the local cost of living?

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

6. Are promotions at Hoffman Insurance Services Inc usually accompanied by a significant salary increase?

Yes, promotions at Hoffman Insurance Services Inc 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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