How much does a Compensation and Benefits Manager make? The median annual Compensation and Benefits Manager salary is $102,232, as of August 29, 2016, with a range usually between $86,889-$118,597, 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 $102,232, so 50% of the people who perform the job of Compensation and Benefits Manager in the United States are expected to make less than $102,232.
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 September 2016
Designs, plans, and implements corporate compensation and benefits programs, policies, and procedures. Responsible for reviewing programs, suggesting modifications, and ensuring achievement of competitive market position and other goals identified by the organization. Responsible for ensuring programs meet employee needs, comply with legal requirements, and are cost effective. Ensures the compensation and benefits programs enhance the organization's ability to recruit and retain employees. Requires a bachelor's degree in a related area and at least 7 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. Typically reports to a head of a unit/department. View full job description