Lloyd Agencies Salary

Lloyd Agencies Salary

How much does the Lloyd Agencies Pay for employees?

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As of August 2026, the average hourly salary for employees at Lloyd Agencies in the United States is $50. This translates to an approximate annual wage of $102,970. Salaries at Lloyd Agencies typically range from $44 to $56 hourly, reflecting the diverse roles and experience levels within the company. Lloyd Agencies’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 Lloyd Agencies Pay for Different Roles?

Explore detailed salary information for specific jobs at Lloyd Agencies. 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.
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Current Job Openings at Lloyd Agencies

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

Is Lloyd Agencies’s Pay Competitive? Salary Benchmarking Analysis

How does Lloyd Agencies’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
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Average Salary ($/year)
Lloyd Agencies
Insurance
VIP Risk Solutions Inc
RMIS Insurance Co
Industry Comparison
Our data shows that, on average, compensation at Lloyd Agencies is below the average for the U.S. Insurance industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lloyd Agencies average annual salary with several similar companies. Lloyd Agencies average salary of $102,970 is higher than VIP Risk Solutions Inc, which has an average salary of $98,887. It is lower than RMIS Insurance Co, with their average salary at $107,927. This places Lloyd Agencies 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.

Companies Similar to Lloyd Agencies and Their Hourly Pay Rates

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

Employee Reviews: Working at Lloyd Agencies

Considering a career at Lloyd Agencies? 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.
The benefits are competitive, and the work environment is stress-free compared to other insurers. Benefits like health coverage and retirement plans are strong. The workload is manageable, and flexible work options are a plus. It’s a reliable employer for insurance professionals.
Commented in February 21, 2025
38
1
The insurance industry is fast-paced, but the company provides the tools needed to succeed. Work-life balance is respected, and benefits are solid. A solid employer. The leadership team here is exceptional, fostering a positive work environment. The company culture emphasizes teamwork and innovation, which makes problem-solving enjoyable. It’s a company that cares about its employees while deliver...
Commented in September 04, 2024
40
2
Employees are encouraged to contribute ideas, and leadership is receptive. The company offers a positive work environment with strong team dynamics. I’ve developed valuable skills here and feel motivated to contribute long-term. Benefits align with industry standards, and workloads are predictable.
Commented in March 11, 2024
42
0

Lloyd Agencies Overview

Website
www.lloydagencies.com
Founded In
2009
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
860 E Algonquin Rd Schaumburg Illinois IL 60173
Revenue
$10 Million - $50 Million
Phone Number
+1 6302374056
Social Media
About Lloyd Agencies
LLOYD Agencies - A lifestyle like no other! LLOYD Agencies was named as one of the top places to work in Chicago. Contact us today to join our team.

What Benefits Does Lloyd Agencies Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lloyd Agencies 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 Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Lloyd Agencies.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Lloyd Agencies, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Lloyd Agencies salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lloyd Agencies

1. What is the typical salary range (low to high) for most roles at Lloyd Agencies?

The typical salary range for most roles at Lloyd Agencies is approximately from $44 to $56 per hour. 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. How much does Lloyd Agencies pay compared to VIP Risk Solutions Inc?

The average annual salary at Lloyd Agencies is $102,970, or an hourly wage of $50, in comparison to VIP Risk Solutions Inc which pays $98,887 per year or $48 per hour.

3. Do salaries differ significantly between departments at Lloyd Agencies?

Yes, salaries often differ between departments at Lloyd Agencies 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. How does experience level affect salary at Lloyd Agencies?

Experience level is a significant factor in determining salary at Lloyd Agencies, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Lloyd Agencies in Schaumburg is fair given the local cost of living?

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

6. Why might an individual's actual salary at Lloyd Agencies differ from the ranges shown here?

An individual's actual salary at Lloyd Agencies can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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