Munz-Hermes & Associates Inc Salary

Munz-Hermes & Associates Inc Salary

How much does the Munz-Hermes & Associates Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Munz-Hermes & Associates Inc in the United States is $84,838. This translates to an approximate hourly wage of $41. Salaries at Munz-Hermes & Associates Inc typically range from $74,637 to $95,917 annually, reflecting the diverse roles and experience levels within the company. Munz-Hermes & Associates 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 Munz-Hermes & Associates Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Munz-Hermes & Associates 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.
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Current Job Openings at Munz-Hermes & Associates Inc

Ready for your next career move? Explore current job openings at Munz-Hermes & Associates Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Munz-Hermes & Associates Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Munz-Hermes & Associates 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)
Munz-Hermes & Associates Inc
Insurance
Bogrow Insurance
Larry W Payne Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Munz-Hermes & Associates Inc is below the average for the U.S. Insurance industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Munz-Hermes & Associates Inc average annual salary with several similar companies. Munz-Hermes & Associates Inc average salary of $84,838 is lower than Bogrow Insurance, which has an average salary of $89,711. It is higher than Larry W Payne Insurance Agency, with their average salary at $82,601. This places Munz-Hermes & Associates 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 Munz-Hermes & Associates Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Munz-Hermes & Associates Inc. Click a company name to learn more.

Employee Reviews: Working at Munz-Hermes & Associates Inc

Considering a career at Munz-Hermes & Associates 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.
I love the emphasis on continuous learning here. The office environment is professional, though some departments have more interaction than others. The compensation is fair, though bonuses could be more frequent. The company culture promotes teamwork and innovation in the insurance space.
Commented in February 22, 2025
9
2
The team is professional, though interactions are mostly task-oriented. Overall, it’s a reliable employer with a strong industry standing. Management is approachable and encourages professional growth. The office is modern, and remote work options are available occasionally. Workload distribution is fair, and colleagues are easy to work with. A reliable workplace for those who prefer structured ro...
Commented in July 23, 2024
10
0
Enjoy the collaborative culture. Benefits like health coverage and paid leave are excellent. I’ve been with this company for over three years, and it’s been a great journey. Career growth opportunities exist for those who seek them. Company adapts well to industry changes.
Commented in February 23, 2024
12
2

Munz-Hermes & Associates Inc Overview

Website
www.munzhermes.com
Founded In
1994
Employees
<25 employees
Industry
Insurance
Headquarter Address
315 E Front St Bloomington Illinois IL 61701
Revenue
<$5 Million
Phone Number
+1 8156924631
Social Media
About Munz-Hermes & Associates Inc
At Munz-Hermes & Associates, Inc., our focus is assisting Senior Citizens and their extended families by reducing the stress associated with health insurance. We have been representing families with their health insurance benefits since 1986 as more than 2000 families currently are clients of our agency. Now is the time to schedule an appointment with Phil Hermes to learn proven strategies guarant

What Benefits Does Munz-Hermes & Associates Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Munz-Hermes & Associates 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 Bloomington?

Understanding the cost of living near Bloomington is key to truly evaluating a salary offer or your current compensation at Munz-Hermes & Associates Inc.
Bloomington's Cost of Living Index is approximately 88.5 (11.5% less expensive than US average; 5.6% less than IL average). Central IL city (paired with Normal), affordable housing. Connect Transit. When planning your budget based on a salary from Munz-Hermes & Associates Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Munz-Hermes & Associates Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Connect Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,330+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Munz-Hermes & Associates Inc

1. What is the average salary for employees at Munz-Hermes & Associates Inc?

The average annual total compensation for employees at Munz-Hermes & Associates Inc is approximately $84,838. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,637 to $95,917, depending on factors like job role, experience, and location.

2. How much does Munz-Hermes & Associates Inc pay compared to Bogrow Insurance?

The average annual salary at Munz-Hermes & Associates Inc is $84,838, or an hourly wage of $41, in comparison to Bogrow Insurance which pays $89,711 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Munz-Hermes & Associates Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Munz-Hermes & Associates Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Munz-Hermes & Associates Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Bloomington?

While some companies offer formal COLA, many, including potentially Munz-Hermes & Associates Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Munz-Hermes & Associates Inc?

Most companies, likely including Munz-Hermes & Associates Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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