How much does a Compensation and Benefits Manager earn in the United States? The average Compensation and Benefits Manager salary in the United States is $109,846 as of March 28, 2019, but the range typically falls between $93,562 and $126,352. 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. View Cost of Living in Major Cities
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.
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Includes bonus, healthcare, and retirement
3 - 5 years experience
5 + years experience
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