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Preferred Benefits Inc Salary

Preferred Benefits Inc Salary

How much does the Preferred Benefits Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Preferred Benefits Inc in the United States is $88,339. This translates to an approximate hourly wage of $42. Salaries at Preferred Benefits Inc typically range from $77,734 to $99,892 annually, reflecting the diverse roles and experience levels within the company. Preferred Benefits 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 Preferred Benefits Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Benefits 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 Preferred Benefits Inc

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

Is Preferred Benefits Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Benefits 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
180k
150k
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90k
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Average Salary ($/year)
Preferred Benefits Inc
Insurance
Fiducia Group LLC
Sweat Pants Agency LLC
Industry Comparison
Our data shows that, on average, compensation at Preferred Benefits Inc is below the average for the U.S. Insurance industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Preferred Benefits Inc average annual salary with several similar companies. Preferred Benefits Inc average salary of $88,339 is lower than Fiducia Group LLC, which has an average salary of $90,101. It is lower than Sweat Pants Agency LLC, with their average salary at $92,791. This places Preferred Benefits Inc in a developing 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 Preferred Benefits Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Benefits Inc

Considering a career at Preferred Benefits 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.
This company fosters a positive and inclusive workplace. The hybrid schedule allows flexibility, and the health benefits are excellent. The office atmosphere is friendly, and remote work options are a plus. Colleagues are professional, and teamwork is encouraged. The compensation is fair, with performance-based bonuses that motivate us to excel.
Commented in April 18, 2025
22
3
Office setup is functional but not flashy. A great place to grow professionally. Colleagues are professional, and turnover is low.
Commented in February 26, 2025
35
3
Strong ethics and employee-focused policies. Flexible schedules and good benefits make this a great place to work. Management maintains a professional tone, and policies are clearly communicated. It’s a suitable workplace for those seeking consistency in the insurance sector. Colleagues are professional, though team bonding is minimal. The benefits package is competitive, including wellness progra...
Commented in November 25, 2024
13
2

Preferred Benefits Inc Overview

Website
www.preferredbenefits.com
Founded In
1975
Employees
<25 employees
Industry
Insurance
Headquarter Address
967 Spaulding Ave SE Ada Michigan MI 49301
Revenue
<$5 Million
Phone Number
+1 6169561199
Social Media
About Preferred Benefits Inc
Preferred Benefits, Inc. specializes in providing real business solutions to our clients. Our purpose is to help make companies worthy of commitment, which starts by helping you discover and implement the vision you want for your company and your employees. Working with us will open doors to real solutions using our unique approach to identifying needs, finding answers and implementing those ideas

What Benefits Does Preferred Benefits Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Benefits 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Preferred Benefits Inc.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Preferred Benefits Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Preferred Benefits Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Benefits Inc

1. How much does a Preferred Benefits Inc employee make?

Preferred Benefits Inc pays its employees an average of $88,339 per year. The average salary at Preferred Benefits Inc range from $77,734 to $99,892 per year. 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 Preferred Benefits Inc?

The salary at Preferred Benefits Inc is lesser than the similar company. The average annual salary at Preferred Benefits Inc is $88,339, or an hourly wage of $42, in comparison to Fiducia Group LLC which pays $90,101 per year or $43 per hour.

3. How much does an Account Executive typically earn at Preferred Benefits Inc?

An Account Executive at Preferred Benefits Inc typically earns an average annual base salary of around $126,862, with a general range of $115,613 to $135,573.

4. Do employees with advanced degrees (Master's, PhD) earn more at Preferred Benefits Inc?

In many roles at Preferred Benefits Inc, 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.

5. How does the cost of living near Grand Rapids affect the perceived value of a Preferred Benefits Inc salary?

Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Preferred Benefits Inc based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Preferred Benefits Inc typically offer employees?

Preferred Benefits Inc 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 Preferred Benefits Inc" section on this page.

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