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Retirement Department Salary

Retirement Department Salary

How much does the Retirement Department Pay for employees?

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As of September 2026, the average annual salary for employees at Retirement Department in the United States is $109,003. This translates to an approximate hourly wage of $52. Salaries at Retirement Department typically range from $95,851 to $123,354 annually, reflecting the diverse roles and experience levels within the company. Retirement Department’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 Retirement Department

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Is Retirement Department’s Pay Competitive? Salary Benchmarking Analysis

How does Retirement Department’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)
Retirement Department
Insurance
Nova Pension Valuations LLC
Pension Investment Services
Industry Comparison
Our data shows that, on average, compensation at Retirement Department is below the average for the U.S. Insurance industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Retirement Department average annual salary with several similar companies. Retirement Department average salary of $109,003 is higher than Nova Pension Valuations LLC, which has an average salary of $97,569. It is higher than Pension Investment Services, with their average salary at $106,514. This places Retirement Department in a competitive position among its peers.
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How Retirement Department's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Retirement Department

Considering a career at Retirement Department? 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.
Management is fair, and the team works well together. The insurance industry is competitive, but the company provides the resources needed to excel. Colleagues are professional, though more team-building activities would enhance collaboration. Benefits like health coverage and performance bonuses are excellent.
Commented in April 30, 2025
41
3
Career growth opportunities are plentiful, and management is supportive. It’s a stable workplace with standard industry benefits, suitable for those who prefer a structured environment. Highly recommend for insurance professionals. Benefits are adequate. The company provides a balanced work environment with growth opportunities. The company values innovation and encourages employees to share ideas...
Commented in July 03, 2024
33
1
I love the emphasis on continuous learning here. The insurance industry can be demanding, but the company provides the tools and training needed to succeed. While growth opportunities exist, they could be more defined.
Commented in January 02, 2024
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Retirement Department Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
1000 Commonwealth Ave Newton Massachusetts MA 02459
Revenue
$10 Million - $50 Million
Phone Number
+1 6177961095
Social Media
About Retirement Department
Retirement Department is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Newton, Massachusetts.

What Benefits Does Retirement Department Offer Beyond Salary?

A competitive compensation package is more than just a salary. Retirement Department 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 Newton?

Understanding the cost of living near Newton is key to truly evaluating a salary offer or your current compensation at Retirement Department.
Newton's Cost of Living Index is approximately 201.5 (101.5% more expensive than US average; 52.0% more than MA average). Affluent Boston suburb, excellent schools, extremely high housing costs. MBTA Green Line/bus. When planning your budget based on a salary from Retirement Department, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,500+ A significant portion of Retirement Department salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $530 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $650 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $470 - $900+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,830 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Retirement Department

1. What is the estimated average total compensation at Retirement Department?

Salary.com estimates that the average total compensation package at Retirement Department, which can include base salary, potential bonuses, and benefits, is around $109,003 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Retirement Department pay compared to Nova Pension Valuations LLC?

The average annual salary at Retirement Department is $109,003, or an hourly wage of $52, in comparison to Nova Pension Valuations LLC which pays $97,569 per year or $47 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Retirement Department?

Salary progression from an entry-level to a senior role at Retirement Department 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.

4. How can I determine if a salary offer from Retirement Department in Newton is fair given the local cost of living?

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

5. Are promotions at Retirement Department usually accompanied by a significant salary increase?

Yes, promotions at Retirement Department 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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