Average Compensation and Benefits Manager Salary in United States for 2024

In this article, we will look at the average Compensation and Benefits Manager salary for 2024 in United States 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Compensation and Benefits Manager Make in United States?

A Compensation and Benefits Manager working in United States will typically earn around 127,600 USD per year, and this can range from the lowest average salary of about 61,700 USD to the highest average salary of 199,700 USD.

Average Annual Salary
127,600 USD
Average Monthly Salary
10,633 USD

Lowest Annual Salary
61,700 USD
Lowest Monthly Salary
5,141 USD

Highest Annual Salary
199,700 USD
Highest Monthly Salary
16,641 USD

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

Compensation and 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 Compensation and Benefits Manager Salaries in United States

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

Salary ranges

We already know that a Compensation and Benefits Manager can earn between 61,700 USD and 199,700 USD on average in United States. 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 Compensation and Benefits Manager in United States is 128,400 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 128,400 USD, and 50% of the population earn more than 128,400 USD.

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 Compensation and Benefits Manager salary in United States, 25% of the population are earning less than 87,700 USD while 75% of the population earn more than 87,700 USD.

75% of the population earn less than 167,100 USD, and 25% of the population earn more than 167,100 USD.

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.

Compensation and Benefits Manager Salary by Experience Level in United States

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 compensation and 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 Compensation and Benefits Manager in United States that has less than two years of experience can expect to earn somewhere in the region of 72,300 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Compensation and Benefits Manager salary would increase to 95,000 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Compensation and Benefits Manager, the average salary would be 130,400 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 164,100 USD.
  • 15 - 20 Years Experience. A Compensation and Benefits Manager with 15 to 20 years of experience can earn an average of 176,300 USD.
  • 20+ Years Experience. For a Compensation and Benefits Manager with more than 20 years, the expected average salary increases to 187,500 USD.

Average Salary by Experience Chart

0-2 Years
72,300 USD
2-5 Years +29%
95,000 USD
5-10 Years +38%
130,400 USD
10-15 Years +24%
164,100 USD
15-20 Years +7%
176,300 USD
20+ Years +7%
187,500 USD

Compensation and Benefits Manager Salary by Education Level in United States

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 Compensation and Benefits Manager in United States 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 Compensation and Benefits Manager in United States with a bachelor's degree education can earn an average salary of 93,800 USD.

  • Master's Degree. A Compensation and Benefits Manager in United States with a master's degree education can earn an average salary of 150,100 USD.

Average Salary by Education Chart

Bachelor's Degree
93,800 USD
Master's Degree +60%
150,100 USD

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 United States is around 39,500 to 118,000 USD 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.

Compensation and 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 United States, a male compensation and benefits manager will earn an average of 130,500 USD, while a female compensation and benefits manager will earn around 125,400 USD.

This means that a male compensation and benefits manager earns approximately 4% more than a female compensation and benefits manager for performing the same job.

Average Salary by Gender Chart in United States

Male
130,500 USD
Female -4%
125,400 USD

Compensation and Benefits Manager Average Pay Raise in United States

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 Compensation and Benefits Manager in United States is around 12% every 17 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 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 = ( 12 ÷ 17 ) × 12  = 8%

What this means is that a Compensation and Benefits Manager in United States can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in United States for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Compensation and Benefits Manager Bonus and Incentive Rates in United States

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 Compensation and Benefits Manager is a high bonus based job, with 83% of employees reporting at least one bonus in the last 12 months.

17% 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
83%
No Bonus
17%

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 United States earn approximately 6% more than private sector employees in the same role.

Public Sector
98,800 USD
Private Sector -6%
93,100 USD

Salaries for Jobs Similar to a Compensation and Benefits Manager

In the table below, we have salary information for jobs that are similar to a Compensation and Benefits Manager in United States.

Job Title Category Salary
Benefits Administrator Human Resources 63,700 USD
Benefits Analyst Human Resources 75,100 USD
Benefits Manager Human Resources 121,800 USD
Benefits Specialist Human Resources 74,700 USD
Chief Human Resources Officer Human Resources 152,900 USD
Chief People Officer Human Resources 152,700 USD
Compensation Analyst Human Resources 71,900 USD
Compensation and Benefits Officer Human Resources 53,800 USD
Compensation and Benefits Specialist Human Resources 74,700 USD
Compensation Manager Human Resources 127,600 USD
Corporate Director of Human Resources Human Resources 160,700 USD
Corporate Recruiter Human Resources 100,700 USD
Corporate Trainer Human Resources 76,000 USD
Director of Talent Acquisition Human Resources 152,900 USD
Employee Benefits Administrator Human Resources 87,700 USD
Employee Benefits Consultant Human Resources 114,900 USD
Employee Benefits Coordinator Human Resources 45,600 USD
Employee Communications Manager Human Resources 107,300 USD
Employee Development Specialist Human Resources 105,200 USD
Employee Engagement Specialist Human Resources 107,700 USD
Employee Health and Wellness Administrator Human Resources 98,100 USD
Employee Performance Specialist Human Resources 80,700 USD
Employee Relations Analyst Human Resources 107,300 USD
Employee Relations Manager Human Resources 105,800 USD
Employee Relations Practitioner Human Resources 107,700 USD
Employee Relations Representative Human Resources 79,600 USD
Employee Relations Specialist Human Resources 100,400 USD
Employee Services Manager Human Resources 109,000 USD
Employee Services Specialist Human Resources 102,700 USD
Employee Wellness Officer Human Resources 80,800 USD
Employment Advice Worker Human Resources 46,700 USD
Employment Interviewer Human Resources 70,700 USD
Employment Relations Officer Human Resources 48,600 USD
Employment Service Specialist Human Resources 60,700 USD
Employment Services Coordinator Human Resources 73,100 USD
Enrollment Counselor Human Resources 100,700 USD
Equal Opportunity Representative Human Resources 78,200 USD
Executive Human Capital Management Human Resources 151,800 USD
Executive Recruiter Human Resources 102,700 USD
Expatriate Administration Manager Human Resources 105,200 USD
Expatriate Administration Supervisor Human Resources 72,000 USD
Global Mobility Manager Human Resources 130,500 USD
Head of Human Resources Human Resources 151,800 USD
Headhunter Human Resources 112,700 USD
Health Benefits Coordinator Human Resources 60,800 USD
HRIS Analyst Human Resources 58,600 USD
HRIS Manager Human Resources 95,000 USD
HRIS Officer Human Resources 48,600 USD
HRIS Supervisor Human Resources 51,100 USD
Human Resources Administration Specialist Human Resources 58,600 USD
Human Resources Administrative Assistant Human Resources 45,000 USD
Human Resources Administrative Coordinator Human Resources 62,100 USD
Human Resources Administrator Human Resources 64,300 USD
Human Resources Advisor Human Resources 100,700 USD
Human Resources Analyst Human Resources 92,400 USD
Human Resources Assessor Human Resources 58,100 USD
Human Resources Assistant Human Resources 39,800 USD
Human Resources Assistant Manager Human Resources 116,400 USD
Human Resources Associate Human Resources 39,600 USD
Human Resources Consultant Human Resources 118,900 USD
Human Resources Coordinator Human Resources 44,500 USD
Human Resources Data Analytics Manager Human Resources 88,300 USD
Human Resources Deputy Manager Human Resources 118,900 USD
Human Resources Development Manager Human Resources 130,500 USD
Human Resources Director Human Resources 157,600 USD
Human Resources Executive Human Resources 100,700 USD
Human Resources Generalist Human Resources 80,800 USD
Human Resources Manager Human Resources 146,900 USD
Human Resources Officer Human Resources 60,000 USD
Human Resources Recruiter Human Resources 109,000 USD
Human Resources Representative Human Resources 57,800 USD
Human Resources Section Head Human Resources 103,600 USD
Human Resources Services Manager Human Resources 130,400 USD
Human Resources Specialist Human Resources 78,500 USD
Human Resources Superintendent Human Resources 55,200 USD
Human Resources Training Executive Human Resources 107,300 USD
Human Resources Vice President Human Resources 148,300 USD
Industrial Organizational Psychologist Human Resources 127,600 USD
Job Evaluation Specialist Human Resources 105,800 USD
Labor Relations Director Human Resources 116,400 USD
Labor Relations Manager Human Resources 118,900 USD
Labor Relations Specialist Human Resources 58,700 USD
Learning and Development Manager Human Resources 125,400 USD
Occupational Health and Safety Officer Human Resources 53,800 USD
Organizational Development Consultant Human Resources 118,900 USD
Organizational Development Manager Human Resources 134,700 USD
Organizational Development Specialist Human Resources 69,700 USD
Payroll Assistant Human Resources 49,700 USD
Payroll Supervisor Human Resources 60,500 USD
People Development Officer Human Resources 77,300 USD
Personnel Officer Human Resources 43,200 USD
Personnel Recruiter Human Resources 103,600 USD
Records Clerk Human Resources 39,800 USD
Records Manager Human Resources 64,200 USD
Recruiter Human Resources 103,600 USD
Recruiting Coordinator Human Resources 57,800 USD
Recruiting Manager Human Resources 137,100 USD
Recruitment Consultant Human Resources 103,600 USD
Recruitment Officer Human Resources 57,200 USD
Recruitment Supervisor Human Resources 89,300 USD
Research Associate Human Resources 49,300 USD
SAP Resource Manager Human Resources 108,200 USD
Talent Acquisition Manager Human Resources 142,300 USD
Talent Acquisition Specialist Human Resources 86,300 USD
Talent Management Officer Human Resources 62,600 USD
Technical Recruiter Human Resources 64,200 USD
Training Administrator Human Resources 58,600 USD
Training and Development Manager Human Resources 127,600 USD
Training and Development Section Head Human Resources 105,200 USD
Training Executive Human Resources 123,000 USD
Training Manager Human Resources 127,700 USD
Training Officer Human Resources 54,100 USD
Training Specialist Human Resources 78,100 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Atlanta 125,400 USD
Austin 142,100 USD
Baltimore 117,100 USD
Boston 124,500 USD
Bristol 98,000 USD
Chicago 140,200 USD
Cincinnati 109,700 USD
Cleveland 107,300 USD
Dallas 134,700 USD
Denver 134,700 USD
Detroit 125,400 USD
Honolulu 105,200 USD
Houston 153,800 USD
Indianapolis 128,400 USD
Iowa City 107,700 USD
Jacksonville 142,100 USD
Kansas City 125,400 USD
Kent 103,600 USD
Las Vegas 124,500 USD
Long Beach 119,700 USD
Los Angeles 142,300 USD
Memphis 123,800 USD
Miami 116,400 USD
Minneapolis 111,700 USD
New Orleans 114,300 USD
New York 156,200 USD
Oakland 114,600 USD
Oklahoma City 127,700 USD
Orlando 105,200 USD
Philadelphia 148,300 USD
Phoenix 140,700 USD
Sacramento 115,600 USD
San Antonio 142,300 USD
San Diego 142,300 USD
San Francisco 142,100 USD
San Jose 137,100 USD
Seattle 139,100 USD
Tampa 105,800 USD
Vancouver 107,700 USD
Washington D.C. 127,700 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

City Average Salary
Alabama 134,100 USD
Alaska 114,600 USD
Arizona 130,500 USD
Arkansas 128,200 USD
California 140,700 USD
Colorado 132,000 USD
Connecticut 125,400 USD
Delaware 111,700 USD
District of Columbia 114,300 USD
Florida 139,100 USD
Georgia 142,300 USD
Hawaii 118,900 USD
Idaho 114,900 USD
Illinois 142,300 USD
Indiana 130,400 USD
Iowa 115,600 USD
Kansas 125,400 USD
Kentucky 124,500 USD
Louisiana 130,500 USD
Maine 114,300 USD
Maryland 127,700 USD
Massachusetts 134,100 USD
Michigan 134,100 USD
Minnesota 134,100 USD
Mississippi 123,000 USD
Missouri 123,800 USD
Montana 117,100 USD
Nebraska 115,600 USD
Nevada 128,200 USD
New Hampshire 115,600 USD
New Jersey 130,500 USD
New Mexico 125,400 USD
New York 140,700 USD
North Carolina 128,400 USD
North Dakota 114,600 USD
Ohio 134,100 USD
Oklahoma 130,500 USD
Oregon 123,800 USD
Pennsylvania 132,000 USD
Rhode Island 114,300 USD
South Carolina 123,800 USD
South Dakota 117,100 USD
Tennessee 132,000 USD
Texas 137,100 USD
Utah 124,500 USD
Vermont 109,700 USD
Virginia 142,100 USD
Washington 134,700 USD
West Virginia 116,400 USD
Wisconsin 134,100 USD
Wyoming 109,700 USD

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