Benefits manager salary

Benefits manager salary DEFAULT

How much does a Benefits Manager make in the United States? The average Benefits Manager salary in the United States is $106,103 as of September 27, 2021, but the range typically falls between $92,796 and $120,351. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Based on HR-reported data: a national average with a geographic differential

Benefits Manager Salaries by Percentile

Percentile Salary LocationLast Updated
10th Percentile Benefits Manager Salary$80,680USSeptember 27, 2021
25th Percentile Benefits Manager Salary$92,796USSeptember 27, 2021
50th Percentile Benefits Manager Salary$106,103USSeptember 27, 2021
75th Percentile Benefits Manager Salary$120,351USSeptember 27, 2021
90th Percentile Benefits Manager Salary$133,322USSeptember 27, 2021

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Job Description for Benefits Manager

Benefits Manager develops, implements, administers, and maintains benefits programs, policies, and procedures. Ensures programs meet employee needs, comply with legal requirements, and are cost effective. Being a Benefits Manager develops benefits communications and counsels employees on benefits related issues. Evaluates existing benefits programs against peer organizations to determine competitiveness, trends and developments. Additionally, Benefits Manager requires a bachelor's degree. Typically reports to a Director. The Benefits Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Benefits Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2021 Salary.com)... View full job description

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What does a Benefits Manager do?

Benefits Manager in Akron, OH

Requires individual to constantly be on their feet except when operating machinery.

April 04, 2021

Handle the returns being brought back by delivery drivers and the retail counter.

April 08, 2021

Assume other duties as assigned.

May 08, 2021

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Benefits Manager Pay Difference by Location

City, StateCompared to national average
City, StateSan Francisco, CACompared to national average
City, StateWashington, DCCompared to national average
City, StateMiami, FLCompared to national average
City, StateChicago, ILCompared to national average
City, StateBoston, MACompared to national average
City, StateNew York, NYCompared to national average
City, StateDallas, TXCompared to national average

Similar Jobs to Benefits Manager

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Job Title Experience EDUCATION Salary Compared to This Job
Job TitleBenefits Administrator IExperience 0 - 2 EducationBachelorsSalary Compared to This Job

- 48.4%

Job TitleBenefits Administrator IIExperience 2 - 4 EducationBachelorsSalary Compared to This Job

- 41.9%

Job TitleBenefits Administrator IIIExperience 4 - 7 EducationBachelorsSalary Compared to This Job

- 27.6%

Job TitleBenefits ClerkExperience 0 - 1 EducationHigh SchoolSalary Compared to This Job

- 53.2%

Job TitleBenefits Clerk, Sr.Experience 1 - 3 EducationHigh SchoolSalary Compared to This Job

- 49.5%

Benefits Manager Salary by Global Country

Benefits Manager Salary by State

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Understand the total compensation opportunity for a Benefits Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 

 

 

Average Total Cash Compensation

Includes base and annual incentives

 

 

 

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Benefits Manager in the United States. The base salary for Benefits Manager ranges from $92,796 to $120,351 with the average base salary of $106,103. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $98,544 to $132,370 with the average total cash compensation of $114,291.

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Location

Industry

Education

What Is The Average Compensation And Benefits Manager Salary?

The average compensation and benefits manager salary is $114,317 per year, or $54.96 per hour, in the United States. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $71,000 a year, while the top 10% makes $183,000. As most things go, location can be critical. Alaska, New York, Maine, Washington, and Rhode Island provide the highest compensation and benefits manager salaries.

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Average Compensation And Benefits Manager Salary By State

The darker areas on the map show where compensation and benefits managers earn the highest salaries across all 50 states.

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Compensation And Benefits Manager average salary by State

StateascdescAvg. salaryascdescHourly rateascdesc

Alabama

$83,631

$40.21

Alaska

$140,469

$67.53

Arizona

$100,292

$48.22

Arkansas

$84,147

$40.46

California

$119,037

$57.23

Colorado

$104,760

$50.37

Connecticut

$129,043

$62.04

Delaware

$123,445

$59.35

District of Columbia

$118,742

$57.09

Florida

$86,581

$41.63

Georgia

$67,722

$32.56

Hawaii

$102,279

$49.17

Idaho

$115,035

$55.31

Illinois

$105,243

$50.60

Indiana

$109,177

$52.49

Iowa

$98,936

$47.57

Kansas

$96,376

$46.33

Kentucky

$104,468

$50.23

Louisiana

$83,343

$40.07

Maine

$135,304

$65.05

Maryland

$93,376

$44.89

Massachusetts

$113,231

$54.44

Michigan

$116,071

$55.80

Minnesota

$94,489

$45.43

Mississippi

$108,586

$52.20

Missouri

$103,237

$49.63

Montana

$75,823

$36.45

Nebraska

$102,006

$49.04

Nevada

$120,836

$58.09

New Hampshire

$129,880

$62.44

New Jersey

$128,302

$61.68

New Mexico

$92,494

$44.47

New York

$138,173

$66.43

North Carolina

$77,203

$37.12

North Dakota

$111,105

$53.42

Ohio

$116,642

$56.08

Oklahoma

$71,410

$34.33

Oregon

$105,245

$50.60

Pennsylvania

$104,631

$50.30

Rhode Island

$130,914

$62.94

South Carolina

$75,813

$36.45

South Dakota

$75,557

$36.33

Tennessee

$67,317

$32.36

Texas

$92,706

$44.57

Utah

$110,716

$53.23

Vermont

$108,657

$52.24

Virginia

$101,235

$48.67

Washington

$133,610

$64.24

West Virginia

$114,581

$55.09

Wisconsin

$115,874

$55.71

Wyoming

$82,896

$39.85

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Highest Paying Cities For Compensation And Benefits Manager

CityascdescAvg. salaryascdescHourly rateascdesc

New York, NY

$144,426

$69.44

Redmond, WA

$137,202

$65.96

Stratford, CT

$132,279

$63.60

Parsippany-Troy Hills, NJ

$131,909

$63.42

Santa Clara, CA

$131,399

$63.17

Washington, DC

$121,400

$58.37

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Average Compensation And Benefits Manager Salary Over Time

Compare salaries for individual cities or states with the national average.

Location

YearascdescAvg. salaryascdescHourly rateascdesc% Changeascdesc

2021

$114,000

$54.96

+1.6%

2020

$113,000

$54.10

+2.4%

2019

$110,000

$52.79

+4.1%

2018

$105,000

$50.61

+3.0%

2017

$102,000

$49.08

+6.1%

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How Much Do Compensation And Benefits Managers Make In Different Industries?

As we previously stated, compensation and benefits manager salaries can vary depending on the industry. In fact, our data shows that retail, technology, and energy companies tend to offer much higher salaries for compensation and benefits managers. For example, compensation and benefits managers make a whopping average salary of $105,650 while working for retail companies. Meanwhile, other people in this field are making $101,075 at technology companies and $94,552 at energy companies. But compensation and benefits managers may want to avoid working in the hospitality industry as it offers the lowest average salary at $84,993.

1

Retail

$105,650

2

Technology

$101,075

3

Energy

$94,552

4

Health Care

$94,306

5

Manufacturing

$88,204

6

Hospitality

$84,993

High Paying Compensation And Benefits Manager Jobs

Average JOB Salary by Field

Plan Administrator

Avg. salary: $76,298

A plan administrator's duties depend on their line of work or place of employment. Still, they typically include understanding the client or the project's needs, developing plans, performing research and analysis, liaising with internal and external parties, setting goals, establishing guidelines and timelines, and developing strategies to optimize procedures. They must also respond to issues and concerns, resolving them efficiently. Moreover, as a plan administrator, it is essential to monitor the daily operations and manage staff, all while implementing the company's policies and regulations.

44,277 Plan Administrator Jobs
Benefit Director

Avg. salary: $132,395

Benefits directors are professionals who plan and direct the overall design, implementation, and administration of an organization's health and welfare benefits programs. To support the decision making of the management, these directors are required to analyze benefit options and predict future costs. They should study programs so that they can identify benefit options as well as obtain advice from consultants. Benefits directors must study existing and new legislation so that they can comply with federal, state, and legal requirements and advise the management on needed actions.

15,072 Benefit Director Jobs
Benefits Consultant

Avg. salary: $74,049

Benefits consultants are executives who carry out many services for individuals and businesses. The consultants draft and organize policies within the organization. They handle vendors and manage the renewal of negotiations of HMO plans. It is their job to establish agency relationships with marketing representatives. They coordinate programs that involve self-funded or administered long-term and short-term disability, life insurance, and a cafeteria plan. Also, they prepare enterprises to meet health care law changes.

16,736 Benefits Consultant Jobs
Hris Manager

Avg. salary: $118,323

An HRIS manager or commonly known as a human resource information system manager, is responsible for supporting and maintaining the company's HR systems. They primarily perform the complex task of making sure all HR systems are compliant with labor regulations and regularly updated. Typically, they oversee employee data information, including processing, HR-related report generation, system upgrades, and maintaining data integrity. They supervise the implementation and daily HRIS operation. Moreover, this job requires excellent communication skills, both verbal and written.

14,093 Hris Manager Jobs
Benefits Analyst

Avg. salary: $59,094

A Benefits Analyst is responsible for administering and communicating benefit programs for an organization. They attract and retain employees through researching, recommending, and explaining benefit programs.

15,562 Benefits Analyst Jobs
Benefits Counselor

Avg. salary: $37,643

A benefits counselor manages the company or organization's employee benefits programs. Job responsibilities may include designing and administering the benefits program to ensure company and employee needs are met, as well as assisting and educating employees in benefits enrollment activities. This job requires a full understanding of health care benefits, comprising medical, dental, and life insurance, including knowledge of pertinent regulations and legislation. In addition, benefits counselors may also need to be knowledgeable and updated with other incentives such as pensions and stock ownership.

24,340 Benefits Counselor Jobs

Which Companies Pay Compensation And Benefits Managers The Most?

To earn a high income as a compensation and benefits manager, working for Microsoft or ConocoPhillips might be your best bet, as they are the highest paying companies in this field. In addition, companies like Cisco Systems and Global Eagle Entertainment report highly competitive wages for compensation and benefits managers.

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Recently Added Compensation And Benefits Manager Salaries

CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc

Vaco Staffing

Compensation and Benefits Manager

Compensation and Benefits Manager

Alpharetta, GA

08/02/2021

Compensation and Benefits Manager

Longmont, CO

08/02/2021

Compensation & Benefits Manager

Saddle Brook, NJ

07/10/2021

Vaco Staffing

Compensation and Benefits Manager

Compensation and Benefits Manager

Alpharetta, GA

07/09/2021

Compensation and Benefits Manager

Longmont, CO

07/09/2021

Compensation and Benefits Manager-Corporate Office-Concord Hospitality Enterprises

Raleigh, NC

05/27/2021

Moraine Park Technical College

Benefits and Compensation Manager

Benefits and Compensation Manager

Fond du Lac, WI

05/01/2021

Techinsights

Global Compensation and Benefits Manager

Global Compensation and Benefits Manager

Denver, CO

03/02/2021

Sun Cloud LLC

Human Resource, Training, Compensation & Benefits Manager

Human Resource, Training, Compensation & Benefits Manager

Alpharetta, GA

12/09/2020

Sitewise Corporation

Compensation, Benefits & Hris Manager

Compensation, Benefits & Hris Manager

Broomfield, CO

11/08/2020

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Related Job Salaries

Job TitleascdescAverage SalaryascdescJob Openingsascdesc

Benefits Manager

$67,085

6176

Benefits Analyst

$59,095

15562

Benefits Consultant

$74,049

16736

Plan Administrator

$76,298

44277

Benefits Counselor

$37,644

24340

Employee Benefits Manager

$76,154

8412

Compensation Manager

$108,844

5387

Enrollment Manager

$61,605

2401

Compensation Consultant

$95,008

12086

Compensation Director

$138,793

16969

Show More

Average Compensation And Benefits Manager Salary by Demographic

Compensation And Benefits Manager Gender Pay Gap

male-income
female-income

Median Compensation And Benefits Manager Income by Race

Black or african american compensation and benefits managers have the highest average salary compared to other ethnicities. Hispanic or latino compensation and benefits managers have the lowest average salary at $107,012.

$120,000

$117,000

$114,000

$111,000

$108,000

$105,000

Black or African American

Ethnicityascdesc
Salaryascdesc
Unknown$117,000
White$117,994
Black or African American$118,155
Asian$117,423
Hispanic or Latino$107,012

Average Compensation And Benefits Manager Salary by Education Level

Compensation and benefits managers with a Masters degree earn more than those without, at $112,223 annually. With a Bachelors degree, compensation and benefits managers earn a median annual income of $109,569 compared to $93,547 for compensation and benefits managers with an Associate degree.

$114,000

$110,000

$106,000

$102,000

$98,000

$94,000

$90,000

Some College/ Associate Degree

Educationascdesc
Salaryascdesc
Master's Degree$112,223
Bachelor's Degree$109,569
Some College/ Associate Degree$93,547
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Average Benefits Manager Salary

$77,498
Avg. Base Salary (USD)

The average salary for a Benefits Manager is $77,498

EXPLORE BY:

What is the Pay by Experience Level for Benefits Managers?

An entry-level Benefits Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $59,202 based on 12 salaries. An early career Benefits Manager with 1-4 years of experience earns an average total compensation of $65,320 based on 209 salaries. A …Read more

What Do Benefits Managers Do?

A benefits manager is a supervisory position in a company's Human Resources (HR) department. Benefits managers' primary role is to handle all issues related to employee benefits. Usually in most medium and large-sized companies, much of this benefit work revolves around employee health care insurance and related programs, but it can also include other aspects as well.

For employees, the two most important benefits they carry are their employer-sponsored health insurance and earned vacation …Read more

Job Satisfaction for Benefits Manager

Based on 245 responses, the job of Benefits Manager has received a job satisfaction rating of 4.11 out of 5. On average, Benefits Managers are highly satisfied with their job.

Gender Breakdown

Prefer to self-define

0.5%

This data is based on 729 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Sours: https://www.payscale.com/research/US/Job=Benefits_Manager/Salary
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Benefits Manager salary in United States

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54% of Benefits managers in the United States think their salaries are enough for the cost of living in their area

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Manager salary benefits

The Salary of a Payroll & Benefits Manager

A company's payroll and benefits manager works with human resources and the financial department to ensure employees receive the proper wages and benefits, such as health care or life insurance. They are responsible for making sure paychecks are accurate and in-house systems show workers are enrolled in the appropriate plans at the appropriate levels.

Average Salary

The mean annual wage for payroll and benefits managers was $101,130 as of May 2011, according to the Bureau of Labor Statistics. There were 24,580 of these employees in the BLS survey. The top 10 percent earned $160,240 or more a year, while the bottom 10 percent earned $53,370 or less.

Largest Industries

The BLS reports that company management was the largest industry for payroll and benefits managers, with 4,500 of them employed in the profession. These managers earned a mean annual wage of $112,330 as of May 2011. The second-largest employer was local government, with 2,230 managers making a mean annual wage of $87,520. Together, these two industries employed more than quarter of all payroll and benefits managers.

Best-Paying Industries

The No. 1 industry in terms of salary for payroll and benefits managers was oil and gas extraction, which paid $145,030 a year on average, according to the Bureau of Labor Statistics. Computer equipment manufacturing was second in terms of pay, with a mean annual wage of $135,710. However, these two industries combined had only 130 such managers, which was less than 1 percent of the total.

State Salaries

California and New York were the two largest states in terms of the number of payroll and benefits managers, with 2,730 and 2,160, respectively. The pay in California averaged $111,300 a year, while in New York it averaged $124,330 a year. Rhode Island ranked first in average pay, with the 80 payroll managers working there earning a mean annual wage of $132,650.

2018 Salary Information for Compensation and Benefits Managers

Compensation and benefits managers earned a median annual salary of $121,010 in May 2018, according to the U.S. Bureau of Labor Statistics. On the low end, compensation and benefits managers earned a 10th percentile salary of $87,120, meaning 90 percent earned more than this amount. The 90th percentile salary is $156,050, meaning 10 percent earn more. In 2018, 16,400 people were employed in the U.S. as compensation and benefits managers.

References

Writer Bio

Eric Strauss spent 12 years as a newspaper copy editor, eventually serving as a deputy business editor at "The Star-Ledger" in New Jersey before transitioning into academic communications. His byline has appeared in several newspapers and websites. Strauss holds a B.A. in creative writing/professional writing and recently earned an M.A. in English literature.

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How to build a Career as Compensation \u0026 Benefits Manager

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