upper level job

How much does a Benefits Manager make?

As of April 01, 2025, the average annual salary for a Benefits Manager in the United States is $124,176. Salary.com reports that pay typically ranges from $112,348 to $138,200, with most professionals earning between $101,579 and $150,968.

Benefits Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $138,200 $11,517 $2,658 $66
Average $124,176 $10,348 $2,388 $60
25th Percentile $112,348 $9,362 $2,161 $54

Average Salary

25% $112,348 10% $101,579 90% $150,968 75% $138,200 $124,176 50%(Median)
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How much does a Benefits Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Benefits Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Benefits Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Benefits Manager's Salary?

An entry-level Benefits Manager with less than 1 year of experience earns about $119,763. With 1-2 years of experience, the average salary increases to $120,292. For 2-4 years of experience, the pay typically rises to $121,528. Senior-level professionals with 5-8 years of experience earn around $122,940, and those with over 8 years of experience can expect an average of $125,641.

Levels Salary
Entry Level Benefits Manager $119,763
Intermediate Level Benefits Manager $120,292
Senior Level Benefits Manager $121,528
Specialist Level Benefits Manager $122,940
Expert Level Benefits Manager $125,641
$119,763 0 yr
$120,292 < 2 yrs
$121,528 2-4 yrs
$122,940 5-8 yrs
$125,641 > 8 yrs
Last Updated on April 01, 2025
Entry Level 4%
Mid Level 3%
Senior Level 2%
Top Level 1%
Experienced 1%
View as graph
Last Updated on April 01, 2025

How much does salary of Benefits Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Benefits Manager is $155,083.
  • In New York, NY, the average annual salary is $143,908.
  • In Boston, MA, a Benefits Manager earns $138,493 per year.

What is the salary trend of Benefits Manager?

As of April 01, 2025, our research reveals a significant shift in Benefits Manager compensation over the past six years. For example, the median salary increased from $114,357 in 2023 to approximately $114,844 in 2024. (For a detailed analysis of Benefits Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Benefits Manager Over Time

2020
$???
2021
$???
2022
$???
$114,357
2023
$114,844
2024
$113,736
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$114,357
2024
$114,844
2025
$113,736
2026
$???
Last Updated on April 01, 2025

Benefits Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $114,357
2024 $114,844
2025 $113,736
2026 View More
Last Updated on April 01, 2025

Job Openings of Benefits Manager

Salary.com job board provides millions of Benefits Manager information for you to search for. Click on search button below to see Benefits Manager job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.3%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 4.9%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $124,176 72.3%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,499 5.5%
401K/403B $5,215 3.0%
Disability $2,484 1.4%
Healthcare $8,352 4.9%
Pension $6,706 3.9%
Time Off $15,283 8.9%
Total Compensation $171,715 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Benefits Manager with different levels of education?

Salaries for Benefits Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Benefits Manager with a Bachelor's Degree is $118,347 - $125,959. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Benefits Manager Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Benefits Manager
Degree Level % of user with this level of education
No Diploma 0.8%
High School 11.7%
Associates 6.6%
Bachelors 54.6%
Masters 25.7%
Doctorate 0.6%
Typical Education for Benefits Manager
No Diploma 0.8%
High School 11.7%
Associates 6.6%
Bachelors 54.6%
Masters 25.7%
Doctorate 0.6%
view as table

Benefits Manager Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Benefits Manager

1. What is the average salary of a Benefits Manager?

The average annual salary of Benefits Manager is $124,176. In case you are finding an easy salary calculator, the average hourly pay of Benefits Manager is $60; the average weekly pay of Benefits Manager is $2,388; the average monthly pay of Benefits Manager is $10,348.

2. Where can a Benefits Manager earn the most?

A Benefits Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Benefits Manager earns the most in San Jose, CA, where the annual salary of a Benefits Manager is $156,623.

3. What is the highest pay for Benefits Manager?

The highest pay for Benefits Manager is $150,968.

4. What is the lowest pay for Benefits Manager?

The lowest pay for Benefits Manager is $101,579.

5. What are the responsibilities of Benefits Manager?

Develops, implements, administers, and maintains benefits programs, policies, and procedures. Ensures programs are equitable, meet employee needs, comply with legal requirements, and are cost effective. Develops benefits communications and counsels employees on benefits related issues. Evaluates existing benefits programs against peer organizations to determine competitiveness, trends and developments. Requires a bachelor's degree. May require Certified Employee Benefits Specialist (CEBS). Typically reports to director. 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. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

6. What are the skills of Benefits Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.)

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

3.)

Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Benefits Manager is $124,176 per year in the United States, updated at April 01, 2025.
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