Average Benefits Manager Salary in Åland Islands for 2024

In this article, we will look at the average Benefits Manager salary for 2024 in Åland Islands and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol €.

How Much Does a Benefits Manager Make in Åland Islands?

A Benefits Manager working in Åland Islands will typically earn around 60,180 EUR per year, and this can range from the lowest average salary of about 31,540 EUR to the highest average salary of 96,340 EUR.

Average Annual Salary
60,180 EUR
Average Monthly Salary
5,015 EUR

Lowest Annual Salary
31,540 EUR
Lowest Monthly Salary
2,628 EUR

Highest Annual Salary
96,340 EUR
Highest Monthly Salary
8,028 EUR

These are average salaries for a Benefits Manager in Åland Islands and include benefits such as housing and transport. It's also possible for a Benefits Manager to earn more or less than the average salaries shown above.

Benefits Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Benefits Manager Salaries in Åland Islands

So we've looked at the average salaries a Benefits Manager will earn in Åland Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Benefits Manager can earn between 31,540 EUR and 96,340 EUR on average in Åland Islands. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Benefits Manager in Åland Islands is 60,600 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 60,600 EUR, and 50% of the population earn more than 60,600 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Benefits Manager salary in Åland Islands, 25% of the population are earning less than 42,460 EUR while 75% of the population earn more than 42,460 EUR.

75% of the population earn less than 80,580 EUR, and 25% of the population earn more than 80,580 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Benefits Manager Salary by Experience Level in Åland Islands

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average benefits manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Benefits Manager in Åland Islands that has less than two years of experience can expect to earn somewhere in the region of 34,360 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Benefits Manager salary would increase to 46,840 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Benefits Manager, the average salary would be 63,700 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 76,280 EUR.
  • 15 - 20 Years Experience. A Benefits Manager with 15 to 20 years of experience can earn an average of 83,400 EUR.
  • 20+ Years Experience. For a Benefits Manager with more than 20 years, the expected average salary increases to 89,120 EUR.

Average Salary by Experience Chart

0-2 Years
34,360 EUR
2-5 Years +29%
46,840 EUR
5-10 Years +38%
63,700 EUR
10-15 Years +24%
76,280 EUR
15-20 Years +7%
83,400 EUR
20+ Years +7%
89,120 EUR

Benefits Manager Salary by Education Level in Åland Islands

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Benefits Manager in Åland Islands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Benefits Manager in Åland Islands with a bachelor's degree education can earn an average salary of 43,520 EUR.

  • Master's Degree. A Benefits Manager in Åland Islands with a master's degree education can earn an average salary of 69,040 EUR.

Average Salary by Education Chart

Bachelor's Degree
43,520 EUR
Master's Degree +60%
69,040 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Åland Islands is around 18,200 to 54,600 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Benefits Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Åland Islands, a male benefits manager will earn an average of 63,320 EUR, while a female benefits manager will earn around 58,440 EUR.

This means that a male benefits manager earns approximately 8% more than a female benefits manager for performing the same job.

Average Salary by Gender Chart in Åland Islands

Male
63,320 EUR
Female -8%
58,440 EUR

Benefits Manager Average Pay Raise in Åland Islands

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Benefits Manager in Åland Islands is around 9% every 29 months.

The national average pay raise across all professions and industries in Åland Islands is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 29 ) × 12  = 4%

What this means is that a Benefits Manager in Åland Islands can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Åland Islands for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Åland Islands.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Benefits Manager Bonus and Incentive Rates in Åland Islands

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Benefits Manager is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
64%
No Bonus
36%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Åland Islands earn approximately 17% more than private sector employees in the same role.

Public Sector
47,120 EUR
Private Sector -17%
40,240 EUR

Salaries for Jobs Similar to a Benefits Manager

In the table below, we have salary information for jobs that are similar to a Benefits Manager in Åland Islands.

Job Title Category Salary
Benefits Administrator Human Resources 28,860 EUR
Benefits Analyst Human Resources 36,160 EUR
Benefits Specialist Human Resources 34,540 EUR
Chief Human Resources Officer Human Resources 73,880 EUR
Chief People Officer Human Resources 76,540 EUR
Compensation Analyst Human Resources 34,380 EUR
Compensation and Benefits Manager Human Resources 57,320 EUR
Compensation and Benefits Officer Human Resources 25,940 EUR
Compensation and Benefits Specialist Human Resources 34,540 EUR
Compensation Manager Human Resources 60,020 EUR
Corporate Director of Human Resources Human Resources 78,160 EUR
Corporate Recruiter Human Resources 51,340 EUR
Corporate Trainer Human Resources 36,700 EUR
Director of Talent Acquisition Human Resources 70,840 EUR
Employee Benefits Administrator Human Resources 42,400 EUR
Employee Benefits Consultant Human Resources 54,460 EUR
Employee Benefits Coordinator Human Resources 21,020 EUR
Employee Communications Manager Human Resources 53,860 EUR
Employee Development Specialist Human Resources 49,200 EUR
Employee Engagement Specialist Human Resources 46,040 EUR
Employee Health and Wellness Administrator Human Resources 41,820 EUR
Employee Performance Specialist Human Resources 37,380 EUR
Employee Relations Analyst Human Resources 47,120 EUR
Employee Relations Manager Human Resources 51,120 EUR
Employee Relations Practitioner Human Resources 49,560 EUR
Employee Relations Representative Human Resources 37,380 EUR
Employee Relations Specialist Human Resources 48,340 EUR
Employee Services Manager Human Resources 53,840 EUR
Employee Services Specialist Human Resources 48,820 EUR
Employee Wellness Officer Human Resources 37,200 EUR
Employment Advice Worker Human Resources 21,980 EUR
Employment Interviewer Human Resources 33,520 EUR
Employment Relations Officer Human Resources 22,420 EUR
Employment Service Specialist Human Resources 28,720 EUR
Employment Services Coordinator Human Resources 33,520 EUR
Enrollment Counselor Human Resources 43,760 EUR
Equal Opportunity Representative Human Resources 36,020 EUR
Executive Human Capital Management Human Resources 73,800 EUR
Executive Recruiter Human Resources 52,180 EUR
Expatriate Administration Manager Human Resources 53,600 EUR
Expatriate Administration Supervisor Human Resources 35,340 EUR
Global Mobility Manager Human Resources 60,920 EUR
Head of Human Resources Human Resources 70,700 EUR
Headhunter Human Resources 49,300 EUR
Health Benefits Coordinator Human Resources 31,660 EUR
HRIS Analyst Human Resources 25,940 EUR
HRIS Manager Human Resources 43,760 EUR
HRIS Officer Human Resources 22,540 EUR
HRIS Supervisor Human Resources 27,040 EUR
Human Resources Administration Specialist Human Resources 28,900 EUR
Human Resources Administrative Assistant Human Resources 21,400 EUR
Human Resources Administrative Coordinator Human Resources 29,640 EUR
Human Resources Administrator Human Resources 29,320 EUR
Human Resources Advisor Human Resources 48,940 EUR
Human Resources Analyst Human Resources 43,480 EUR
Human Resources Assessor Human Resources 26,080 EUR
Human Resources Assistant Human Resources 20,500 EUR
Human Resources Assistant Manager Human Resources 51,340 EUR
Human Resources Associate Human Resources 20,120 EUR
Human Resources Consultant Human Resources 56,640 EUR
Human Resources Coordinator Human Resources 20,000 EUR
Human Resources Data Analytics Manager Human Resources 41,660 EUR
Human Resources Deputy Manager Human Resources 57,080 EUR
Human Resources Development Manager Human Resources 66,480 EUR
Human Resources Director Human Resources 77,340 EUR
Human Resources Executive Human Resources 50,560 EUR
Human Resources Generalist Human Resources 37,200 EUR
Human Resources Manager Human Resources 66,820 EUR
Human Resources Officer Human Resources 25,160 EUR
Human Resources Recruiter Human Resources 52,180 EUR
Human Resources Representative Human Resources 30,840 EUR
Human Resources Section Head Human Resources 46,400 EUR
Human Resources Services Manager Human Resources 60,160 EUR
Human Resources Specialist Human Resources 40,140 EUR
Human Resources Superintendent Human Resources 26,780 EUR
Human Resources Training Executive Human Resources 52,180 EUR
Human Resources Vice President Human Resources 71,660 EUR
Industrial Organizational Psychologist Human Resources 60,020 EUR
Job Evaluation Specialist Human Resources 45,720 EUR
Labor Relations Director Human Resources 53,160 EUR
Labor Relations Manager Human Resources 52,880 EUR
Labor Relations Specialist Human Resources 25,720 EUR
Learning and Development Manager Human Resources 61,400 EUR
Occupational Health and Safety Officer Human Resources 28,180 EUR
Organizational Development Consultant Human Resources 53,380 EUR
Organizational Development Manager Human Resources 58,520 EUR
Organizational Development Specialist Human Resources 34,080 EUR
Payroll Assistant Human Resources 22,340 EUR
Payroll Supervisor Human Resources 26,100 EUR
People Development Officer Human Resources 35,300 EUR
Personnel Officer Human Resources 20,520 EUR
Personnel Recruiter Human Resources 52,540 EUR
Records Clerk Human Resources 17,860 EUR
Records Manager Human Resources 30,840 EUR
Recruiter Human Resources 50,540 EUR
Recruiting Coordinator Human Resources 26,080 EUR
Recruiting Manager Human Resources 64,180 EUR
Recruitment Consultant Human Resources 51,080 EUR
Recruitment Officer Human Resources 26,660 EUR
Recruitment Supervisor Human Resources 43,360 EUR
Research Associate Human Resources 24,280 EUR
SAP Resource Manager Human Resources 51,120 EUR
Talent Acquisition Manager Human Resources 66,940 EUR
Talent Acquisition Specialist Human Resources 37,800 EUR
Talent Management Officer Human Resources 31,380 EUR
Technical Recruiter Human Resources 29,600 EUR
Training Administrator Human Resources 28,900 EUR
Training and Development Manager Human Resources 61,760 EUR
Training and Development Section Head Human Resources 51,080 EUR
Training Executive Human Resources 52,820 EUR
Training Manager Human Resources 64,720 EUR
Training Officer Human Resources 24,860 EUR
Training Specialist Human Resources 38,340 EUR

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