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Scherff Agency Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Scherff Agency

Current Job Openings at Scherff Agency

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Is Scherff Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Scherff Agency’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)

Scherff Agency

Insurance

Otto Insurance Group of Florida LLC

Legacy Insurance Group of Florida Inc

Industry Comparison

Our data shows that, on average, compensation at Scherff Agency is below the average for the U.S. Insurance industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Scherff Agency average annual salary with several similar companies. Scherff Agency average salary of $93,213 is higher than Otto Insurance Group of Florida LLC, which has an average salary of $89,342. It is higher than Legacy Insurance Group of Florida Inc, with their average salary at $90,955. This places Scherff Agency 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 Scherff Agency's Salaries Compare to Similar Companies?

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

Otto Insurance Group of Florida LLC

$89,342 / year

Salary Range: $78,596 - $101,051

Marathon, FL

Legacy Insurance Group of Florida Inc

$90,955 / year

Salary Range: $80,007 - $102,868

Stuart, FL

Alpha Insurance Group of Florida LLC

$89,331 / year

Salary Range: $78,577 - $101,026

Sarasota, FL

Kemner Iott Benz Insurance

$91,272 / year

Salary Range: $80,300 - $103,197

Adrian, MI

Vermillion Wealth Management LLC

$93,308 / year

Salary Range: $82,087 - $105,489

Birmingham, MI

Shinberg Insurance

$87,844 / year

Salary Range: $77,294 - $99,319

Okemos, MI

Maris Brown Insurance Group

$92,706 / year

Salary Range: $81,565 - $104,819

Rochester, MI

Great Lakes Pension Associates Inc

$92,327 / year

Salary Range: $81,235 - $104,392

Farmington, MI

Superior Title & Settlement Agency LLC

$85,333 / year

Salary Range: $75,077 - $96,478

Midland, MI

Employee Reviews: Working at Scherff Agency

Considering a career at Scherff Agency? 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 company’s emphasis on employee growth stands out. The benefits are competitive, and work-life balance is respected. The team is professional, and management is approachable. Career development opportunities are plentiful, and mentorship is encouraged.

Commented in April 28, 2025

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3

The hybrid work model, health benefits, and professional development opportunities are outstanding. The company operates efficiently with clear goals. Even during peak seasons, management ensures workloads are reasonable. This insurance company fosters a positive and motivating workplace. It’s a great place for those looking to build a career in insurance. Compensation is competitive, and the comp...

Commented in August 06, 2024

49

2

This insurance company is a fantastic place to work, especially for those looking for growth in the industry. The leadership team is transparent about company goals, making it easy to align personal growth with organizational success. The leadership team is transparent about company goals, which helps employees align their efforts. The leadership team is approachable, and colleagues are always wil...

Commented in March 08, 2024

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1

What Benefits Does Scherff Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Scherff Agency 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)

Work at Scherff Agency?

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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Scherff Agency.

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Scherff Agency, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$800 - $1,500+ (Highly variable)	A significant portion of Scherff Agency salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$70 (DDOT/SMART monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$390 - $570	Can be higher with more dining out or specialty stores.
Personal & Leisure	$350 - $650+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$370 - $690+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,130 - $3,660+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Scherff Agency

1. How much does a Scherff Agency employee make?

Scherff Agency pays its employees an average of $93,213 per year. The average salary at Scherff Agency range from $82,014 to $105,392 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 Scherff Agency?

The salary at Scherff Agency is higher than the similar company. The average annual salary at Scherff Agency is $93,213, or an hourly wage of $45, in comparison to Otto Insurance Group of Florida LLC which pays $89,342 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Scherff Agency?

In many roles at Scherff Agency, 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 Detroit affect the perceived value of a Scherff Agency salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Scherff Agency based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Scherff Agency typically offer employees?

Scherff Agency 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 Scherff Agency" section on this page.