McKesson Pension Fund Salary

How much does the McKesson Pension Fund Pay for employees?

As of August 2026, the average hourly salary for employees at McKesson Pension Fund in the United States is $65. This translates to an approximate annual wage of $135,267. Salaries at McKesson Pension Fund typically range from $57 to $74 hourly, reflecting the diverse roles and experience levels within the company. McKesson Pension Fund’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 McKesson Pension Fund

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Is McKesson Pension Fund’s Pay Competitive? Salary Benchmarking Analysis

How does McKesson Pension Fund’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)
McKesson Pension Fund
Insurance
Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind
Envolve Inc
Industry Comparison
Our data shows that, on average, compensation at McKesson Pension Fund is above the average for the U.S. Insurance industry by approximately 8%. This positioning suggests their pay is competitive within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared McKesson Pension Fund average annual salary with several similar companies. McKesson Pension Fund average salary of $135,267 is higher than Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind, which has an average salary of $122,051. It is higher than Envolve Inc, with their average salary at $103,718. This places McKesson Pension Fund in a competitive position among its peers.
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Employee Reviews: Working at McKesson Pension Fund

Considering a career at McKesson Pension Fund? 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.
Still, it’s a reliable place to work if you’re in insurance. The company maintains a professional and efficient work environment. Managers are open to feedback and promote a positive work culture. The team is professional, and communication is generally effective. The workplace is organized, and tasks are clearly assigned.
The team is professional, though interactions are mostly task-oriented. The insurance products are well-regarded, making client interactions smooth. Salaries are competitive, and there are clear paths for advancement.
Training programs are robust, ensuring employees stay updated with industry trends. The team is collaborative, and morale is generally high. Career advancement is possible, with clear pathways for motivated individuals. It’s a good place for those who value stability over rapid advancement. The workload is manageable, and benefits are strong. The insurance industry can be complex, but the training...
The insurance industry is competitive, but the company provides the tools for success. Training programs are top-notch, and leadership is transparent. The workload is manageable, and managers are understanding about personal commitments. Great place to work with a strong emphasis on employee satisfaction.

McKesson Pension Fund Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
Mckesson Plaza 1 Post St San Francisco California CA 94104
Revenue
$200 Million - $500 Million
Phone Number
-
Social Media
About McKesson Pension Fund
McKesson Pension Fund is a company that operates in the Financial Services industry. It employs 251-500 people and has $100M-$250M of revenue. The company is headquartered in San Francisco, California.

What Benefits Does McKesson Pension Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. McKesson Pension Fund 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 San Francisco?

Understanding the cost of living near San Francisco is key to truly evaluating a salary offer or your current compensation at McKesson Pension Fund.
San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). One of the most expensive cities globally, extreme housing costs, high transportation, and very high prices for all goods/services. When planning your budget based on a salary from McKesson Pension Fund, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,200 - $5,000+ A significant portion of McKesson Pension Fund salary. Location choices impact this heavily.
Utilities (Basic) $200 - $320 Electricity, Heating, Cooling, Water etc.
Public Transportation $81 (Muni Monthly Pass 'M') Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $850 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,081 - $8,221+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McKesson Pension Fund

1. How much does a McKesson Pension Fund employee make?

McKesson Pension Fund pays its employees an average of $65 per hour. The average salary at McKesson Pension Fund range from $57 to $74 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. Which similar company tend to pay more or less than McKesson Pension Fund?

The salary at McKesson Pension Fund is higher than the similar company. The average annual salary at McKesson Pension Fund is $135,267, or an hourly wage of $65, in comparison to Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind which pays $122,051 per year or $59 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at McKesson Pension Fund?

In many roles at McKesson Pension Fund, 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 San Francisco affect the perceived value of a McKesson Pension Fund salary?

San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). This significantly impacts the purchasing power of a salary from McKesson Pension Fund based there. Our "Cost of Living Insights for San Francisco" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does McKesson Pension Fund typically offer employees?

McKesson Pension Fund 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 McKesson Pension Fund" section on this page.