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How much does a Compensation and Benefits Manager make?

As of May 01, 2025, the average annual salary for a Compensation and Benefits Manager in the United States is $127,271. According to Salary.com, salaries can range from a low of $106,015 to a high of $156,197, with most professionals earning between $116,145 and $142,412.

Compensation and Benefits Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $142,412 $11,868 $2,739 $68
Average $127,271 $10,606 $2,448 $61
25th Percentile $116,145 $9,679 $2,234 $56

Average Salary

25% $116,145 10% $106,015 90% $156,197 75% $142,412 $127,271 50%(Median)
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How much does a Compensation and Benefits Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Compensation and 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 Compensation and Benefits Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on May 01, 2025

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

An entry-level Compensation and Benefits Manager with less than 1 year of experience earns about $123,120. With 1-2 years of experience, the average salary increases to $123,618. For 2-4 years of experience, the pay typically rises to $124,780. Senior-level professionals with 5-8 years of experience earn around $126,109, and those with over 8 years of experience can expect an average of $128,853.

Levels Salary
Entry Level Compensation and Benefits Manager $123,120
Intermediate Level Compensation and Benefits Manager $123,618
Senior Level Compensation and Benefits Manager $124,780
Specialist Level Compensation and Benefits Manager $126,109
Expert Level Compensation and Benefits Manager $128,853
$123,120 0 yr
$123,618 < 2 yrs
$124,780 2-4 yrs
$126,109 5-8 yrs
$128,853 > 8 yrs
Last Updated on May 01, 2025
Entry Level 3%
Mid Level 3%
Senior Level 2%
Top Level 1%
Experienced 1%
View as graph
Last Updated on May 01, 2025

How much does salary of Compensation and 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 May 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Compensation and Benefits Manager is $158,949.
  • In New York, NY, the average annual salary is $147,494.
  • In Boston, MA, a Compensation and Benefits Manager earns $141,945 per year.

What is the salary trend of Compensation and Benefits Manager?

As of May 01, 2025, our research reveals a significant shift in Compensation and Benefits Manager compensation over the past six years. For example, the median salary increased from $125,218 in 2023 to approximately $125,497 in 2024. (For a detailed analysis of Compensation and 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 Compensation and Benefits Manager Over Time

2020
$???
2021
$???
2022
$???
$125,218
2023
$125,497
2024
$123,788
2025
2026
$???
Last Updated on May 01, 2025
2020
$???
2021
$???
2022
$???
2023
$125,218
2024
$125,497
2025
$123,788
2026
$???
Last Updated on May 01, 2025

Compensation and Benefits Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $125,218
2024 $125,497
2025 $123,788
2026 View More
Last Updated on May 01, 2025

Job Openings of Compensation and Benefits Manager

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

Most Common Benefits for Compensation and Benefits Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 60.8%
Bonuses 12.1%
Social Security 5.6%
401k/403b 3.1%
Disability 1.5%
Healthcare 4.0%
Pension 3.9%
Time Off 9.0%
Core Compensation
Core Compensation Median % of Total
Base Salary $127,271 60.8%
Bonus $25,393 12.1%
Value of Benefits
Core Compensation Median % of Total
Social Security $11,679 5.6%
401K/403B $6,412 3.1%
Disability $3,053 1.5%
Healthcare $8,352 4.0%
Pension $8,244 3.9%
Time Off $18,789 9.0%
Total Compensation $209,194 100%
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 May 01, 2025

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

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

According to our 100% employer reported salary sources the median salary for a Compensation and Benefits Manager with a Bachelor's Degree is $130,713 - $139,436. 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.

Compensation and Benefits Manager Salaries by Degree Level

Last Updated on May 01, 2025
Typical Education for Compensation and Benefits Manager
Degree Level % of user with this level of education
No Diploma 1.1%
High School 9.8%
Associates 4.6%
Bachelors 44.3%
Masters 39.1%
Doctorate 1.1%
Typical Education for Compensation and Benefits Manager
No Diploma 1.1%
High School 9.8%
Associates 4.6%
Bachelors 44.3%
Masters 39.1%
Doctorate 1.1%
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Compensation and Benefits Manager Salaries by Degree Level

Last Updated on May 01, 2025

What Am I Worth?

FAQ about Compensation and Benefits Manager

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

The average annual salary of Compensation and Benefits Manager is $127,271. In case you are finding an easy salary calculator, the average hourly pay of Compensation and Benefits Manager is $61; the average weekly pay of Compensation and Benefits Manager is $2,448; the average monthly pay of Compensation and Benefits Manager is $10,606.

2. Where can a Compensation and Benefits Manager earn the most?

A Compensation and 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 Compensation and Benefits Manager earns the most in San Jose, CA, where the annual salary of a Compensation and Benefits Manager is $160,527.

3. What is the highest pay for Compensation and Benefits Manager?

The highest pay for Compensation and Benefits Manager is $156,197.

4. What is the lowest pay for Compensation and Benefits Manager?

The lowest pay for Compensation and Benefits Manager is $106,015.

5. What are the responsibilities of Compensation and Benefits Manager?

Manages the design, implementation, administration, communication, and ongoing evaluation of the organization's compensation and benefits programs, policies, and procedures. Ensures that compensation and benefits programs support the organization's business objectives and meet all legal requirements. Develops and manages compensation and benefits budgets. Oversees compensation processes, including survey participation, job evaluation, salary structure development, base pay administration, incentive plan design and analysis. Manages benefits planning and programs including health and welfare, retirement, and work life. May select and manage outsourced providers. Requires a bachelor's degree. Typically reports to a head of 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. 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 Compensation and 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.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

3.)

Workday: A cloud-based human resource management software system that unifies a wide range of HR functionality into a single system.

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 Compensation and Benefits Manager is $127,271 per year in the United States, updated at May 01, 2025.
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