Somerville Retirement Board Salary

Somerville Retirement Board Salary

How much does the Somerville Retirement Board Pay for employees?

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As of August 2026, the average annual salary for employees at Somerville Retirement Board in the United States is $108,433. This translates to an approximate hourly wage of $52. Salaries at Somerville Retirement Board typically range from $94,751 to $124,171 annually, reflecting the diverse roles and experience levels within the company. Somerville Retirement Board’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 Somerville Retirement Board

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

Is Somerville Retirement Board’s Pay Competitive? Salary Benchmarking Analysis

How does Somerville Retirement Board’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)
Somerville Retirement Board
Edu., Gov't. & Nonprofit
Artman
The Cat House Feline Sanctuary Inc
Industry Comparison
Our data shows that, on average, compensation at Somerville Retirement Board is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 6%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Somerville Retirement Board average annual salary with several similar companies. Somerville Retirement Board average salary of $108,433 is higher than Artman, which has an average salary of $95,755. It is higher than The Cat House Feline Sanctuary Inc, with their average salary at $92,516. This places Somerville Retirement Board in a competitive position among its peers.
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How Somerville Retirement Board's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Somerville Retirement Board

Considering a career at Somerville Retirement Board? 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.
Structured and routine-oriented. Transparent decision-making builds trust organization-wide. Pay is fair, though not exceptional. employees, operations run smoothly while still valuing individual contributions.
Commented in April 28, 2025
23
1
Employee contributions are recognized, and work-life balance is encouraged. Transparent recommendations. Employee voice is valued in policy decisions. Expectations are reasonable, though job variety is limited. Benefits are strong, but compensation lags behind comparable private-sector roles. What stands out is how the organization adapts to educational trends while maintaining core values. Proces...
Commented in December 19, 2024
17
0
Much of the work is repetitive, and innovation is rarely encouraged. Organizational culture supports continuous learning. They operate with integrity and consistently prioritize community well-being.
Commented in February 06, 2024
46
2

Somerville Retirement Board Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
323 Broadway Somerville Massachusetts MA 02145
Revenue
$10 Million - $50 Million
Phone Number
+1 6177643811
Social Media
About Somerville Retirement Board
Somerville Retirement Board is a company that operates in the Financial Services industry. It employs 251-500 people and has $25M-$50M of revenue. The company is headquartered in Somerville, Massachusetts.

What Benefits Does Somerville Retirement Board Offer Beyond Salary?

A competitive compensation package is more than just a salary. Somerville Retirement Board 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 Somerville?

Understanding the cost of living near Somerville is key to truly evaluating a salary offer or your current compensation at Somerville Retirement Board.
Somerville's Cost of Living Index is approximately 185.3 (85.3% more expensive than US average; 39.8% more than MA average). Dense city bordering Boston/Cambridge, extremely high housing costs, young professional/student population. MBTA Red/Green/Orange Lines. When planning your budget based on a salary from Somerville Retirement Board, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,700 - $4,000+ A significant portion of Somerville Retirement Board salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $510 - $780 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,470 - $6,910+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Somerville Retirement Board

1. What is the typical salary range (low to high) for most roles at Somerville Retirement Board?

The typical annual salary range for most roles at Somerville Retirement Board is approximately from $94,751 to $124,171. 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. How much does Somerville Retirement Board pay compared to Artman?

The average annual salary at Somerville Retirement Board is $108,433, or an hourly wage of $52, in comparison to Artman which pays $95,755 per year or $46 per hour.

3. How does experience level affect salary at Somerville Retirement Board?

Experience level is a significant factor in determining salary at Somerville Retirement Board, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

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

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

5. Why might an individual's actual salary at Somerville Retirement Board differ from the ranges shown here?

An individual's actual salary at Somerville Retirement Board can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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