All Other Insurance Related Activities — Average Employee Salary
The average employee in the all other insurance related activities industry earns $106,739 per year ($51.32/hour), according to Bureau of Labor Statistics QCEW data.
What Do All Other Insurance Related Activities Workers Earn?
At $106,739/year (equivalent to $51.32/hour for a full-time worker), all other insurance related activities wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical all other insurance related activities business employs 9 people. These are mid-sized operations where payroll is a significant but manageable expense.
Wages as a Percentage of Revenue
For the average all other insurance related activities business generating $4.0M/year with 9 employees at $106,739 each, total payroll represents roughly 23.9% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a all other insurance related activitiesbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $138,761/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 9 employees = ~$960,651/year in base payroll.
- Hourly equivalent: $51.32/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $4.0M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full All Other Insurance Related Activities revenue benchmarks →Frequently Asked Questions
- How much do all other insurance related activities employees make?
- The average all other insurance related activities employee earns $106,739 per year, which is equivalent to $51.32/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the all other insurance related activities industry?
- The all other insurance related activities industry employs 99,833 workers across 10,681 establishments in the United States. The average business in this industry has approximately 9 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).