Megro Benefits Co Salary

Megro Benefits Co Salary

How much does the Megro Benefits Co Pay for employees?

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As of August 2026, the average annual salary for employees at Megro Benefits Co in the United States is $96,272. This translates to an approximate hourly wage of $46. Salaries at Megro Benefits Co typically range from $84,708 to $108,855 annually, reflecting the diverse roles and experience levels within the company. Megro Benefits Co’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 Megro Benefits Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Megro Benefits Co. 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 Megro Benefits Co

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

Is Megro Benefits Co’s Pay Competitive? Salary Benchmarking Analysis

How does Megro Benefits Co’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
150k
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90k
60k
30k
0
Average Salary ($/year)
Megro Benefits Co
Insurance
Myers, Benner Corp
Hj Spier Co Inc
Industry Comparison
Our data shows that, on average, compensation at Megro Benefits Co is below the average for the U.S. Insurance industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Megro Benefits Co average annual salary with several similar companies. Megro Benefits Co average salary of $96,272 is higher than Myers, Benner Corp, which has an average salary of $91,905. It is higher than Hj Spier Co Inc, with their average salary at $89,099. This places Megro Benefits Co in a competitive 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 Megro Benefits Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Megro Benefits Co

Considering a career at Megro Benefits Co? 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 team is collaborative, and work-life balance is respected. The team is friendly, and leadership is transparent about company goals. I appreciate the emphasis on teamwork and professional development. A reliable workplace for those who prefer structured roles in insurance.
Commented in April 27, 2025
32
0
Training is thorough, and processes are documented well. This company stands out for its employee-centric approach. The leadership team is transparent about company goals, making it easy to align personal growth with organizational success. Career advancement is possible but requires patience. I’m happy with my experience here. The leadership is transparent, and the company culture promotes teamwo...
Commented in November 01, 2024
40
0
Company follows regulations well. The company offers a positive work environment with strong team dynamics. There are occasional training sessions, though more specialized programs could be beneficial. The company’s commitment to innovation keeps it competitive in the insurance market. The work environment is positive, and colleagues are helpful.
Commented in May 29, 2024
17
0

Megro Benefits Co Overview

Website
www.fairmountbenefits.com
Founded In
1982
Employees
<25 employees
Industry
Insurance
Headquarter Address
1 W 1st Ave Conshohocken Pennsylvania PA 19428
Revenue
$5 Million - $10 Million
Phone Number
+1 6105670175
Social Media
About Megro Benefits Co
The Megro Corporation is a charter member of United Benefit Advisors (UBA), an alliance of the Nations Leading Independent Benefit Advisory firms that collectively form the 3rd largest employee benefits organization in the United States. The UBA Alliance brings to our clients unique resources and services: Benchmark Survey - vital statistics on hundreds of health plan factors HR Insider Employee B

What Benefits Does Megro Benefits Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Megro Benefits Co 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Megro Benefits Co.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Megro Benefits Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Megro Benefits Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Megro Benefits Co

1. What is the estimated average total compensation at Megro Benefits Co?

Salary.com estimates that the average total compensation package at Megro Benefits Co, which can include base salary, potential bonuses, and benefits, is around $96,272 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Megro Benefits Co pay compared to Myers, Benner Corp?

The average annual salary at Megro Benefits Co is $96,272, or an hourly wage of $46, in comparison to Myers, Benner Corp which pays $91,905 per year or $44 per hour.

3. Do salaries differ significantly between departments at Megro Benefits Co?

Yes, salaries often differ between departments at Megro Benefits Co 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 Megro Benefits Co?

Salary progression from an entry-level to a senior role at Megro Benefits Co 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 Megro Benefits Co in Philadelphia is fair given the local cost of living?

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

6. Are promotions at Megro Benefits Co usually accompanied by a significant salary increase?

Yes, promotions at Megro Benefits Co 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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