Scholastic Excess Risk Purchasing Group LLC Salary

How much does the Scholastic Excess Risk Purchasing Group LLC Pay for employees?

As of August 2026, the average hourly salary for employees at Scholastic Excess Risk Purchasing Group LLC in the United States is $49. This translates to an approximate annual wage of $102,379. Salaries at Scholastic Excess Risk Purchasing Group LLC typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company. Scholastic Excess Risk Purchasing Group LLC’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 Scholastic Excess Risk Purchasing Group LLC

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Is Scholastic Excess Risk Purchasing Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Scholastic Excess Risk Purchasing Group LLC’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Scholastic Excess Risk Purchasing Group LLC
Financial Services
Ogdon Financial Group
Forest Financial Group
Industry Comparison
Our data shows that, on average, compensation at Scholastic Excess Risk Purchasing Group LLC is below the average for the U.S. Financial Services industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Scholastic Excess Risk Purchasing Group LLC average annual salary with several similar companies. Scholastic Excess Risk Purchasing Group LLC average salary of $102,379 is lower than Ogdon Financial Group, which has an average salary of $112,178. It is lower than Forest Financial Group, with their average salary at $105,206. This places Scholastic Excess Risk Purchasing Group LLC in a developing position among its peers.
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Employee Reviews: Working at Scholastic Excess Risk Purchasing Group LLC

Considering a career at Scholastic Excess Risk Purchasing Group LLC? 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.
Compliance training is thorough but engaging. It's a place where ambitious individuals can truly thrive and build impactful careers. It's the ideal blend of professional and personal. I’ve received valuable mentoring, and career conversations happen regularly. It feels like a true partnership working towards common goals for our clients.
Management consistently checks in on team morale and actively seeks feedback for improvement. The leadership team is remarkably transparent about company performance, strategic direction, and industry challenges. Teamwork drives strong performance. Open-door policies make leadership accessible. Leadership is professional but sometimes delay to act. The transition to hybrid work was seamless thanks...
Local partnerships create real impact. The culture encourages innovation and teamwork, with many chances to lead projects and grow skills. It's inspiring to work for an organization that values and leverages differences to drive better business outcomes. I'm constantly learning new things and developing my skills in the financial services sector.

Scholastic Excess Risk Purchasing Group LLC Overview

Website
Data pending, update soon.
Founded In
2007
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
50 Charles Lindbergh Blvd Uniondale New York NY 11553
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Scholastic Excess Risk Purchasing Group LLC
Scholastic Excess Risk Purchasing Group LLC is a company that operates in the Financial Services industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Uniondale, New York.

What Benefits Does Scholastic Excess Risk Purchasing Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Scholastic Excess Risk Purchasing Group LLC 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Scholastic Excess Risk Purchasing Group LLC.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Scholastic Excess Risk Purchasing Group LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Scholastic Excess Risk Purchasing Group LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Scholastic Excess Risk Purchasing Group LLC

1. How much does a Scholastic Excess Risk Purchasing Group LLC employee make?

Scholastic Excess Risk Purchasing Group LLC pays its employees an average of $49 per hour. The average salary at Scholastic Excess Risk Purchasing Group LLC range from $43 to $56 per hour. 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 Scholastic Excess Risk Purchasing Group LLC?

The salary at Scholastic Excess Risk Purchasing Group LLC is lesser than the similar company. The average annual salary at Scholastic Excess Risk Purchasing Group LLC is $102,379, or an hourly wage of $49, in comparison to Ogdon Financial Group which pays $112,178 per year or $54 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Scholastic Excess Risk Purchasing Group LLC?

In many roles at Scholastic Excess Risk Purchasing Group LLC, 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 New York affect the perceived value of a Scholastic Excess Risk Purchasing Group LLC salary?

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Scholastic Excess Risk Purchasing Group LLC based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Scholastic Excess Risk Purchasing Group LLC typically offer employees?

Scholastic Excess Risk Purchasing Group LLC 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 Scholastic Excess Risk Purchasing Group LLC" section on this page.