How much does a Compensation and Benefits Manager make? The median annual Compensation and Benefits Manager salary is $102,992, as of June 28, 2017, with a range usually between $87,725-$118,469, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Compensation and Benefits Manager in the United States.
This chart describes the expected percentage of people who perform the job of Compensation and Benefits Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Compensation and Benefits Manager in the United States is $102,992, so 50% of the people who perform the job of Compensation and Benefits Manager in the United States are expected to make less than $102,992.
Source: HR Reported data as of June 28, 2017
This chart describes the expected percentage of people who perform the job of Compensation and Benefits Manager that make less than that salary. For example 50% of the people who perform the job of Compensation and Benefits Manager are expected to make less than the median.
Source: HR Reported data as of July 2017
Leads the development, implementation, and administration of compensation and benefits programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, and associated analysis. Manages common benefits functions, including life, health, and disability insurance, retirement benefits and paid time off. Ensures that compensation and benefits programs remain competitive and conform to current compensation strategy. May also manage profit-sharing and performance management programs. Requires a bachelor's degree. Typically reports to a unit/department. 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. Typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. View full job description