Benefits Manager Salary (United States)

Just under two-thirds of Benefits Managers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $45,365 to $103,150 per year, and the average number comes out to $71,386 annually. Geography is the biggest factor affecting pay for this group, followed by tenure. Medical benefits are awarded to a solid majority, and a solid majority earn dental coverage. Job satisfaction is high and work is enjoyable for most Benefits Managers. The figures in this overview are derived from responses to the PayScale salary survey.
Benefits Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$47,686 - $97,690
(Median)
48K
58K
70K
83K
98K
MEDIAN: $69,656
10%
25%
50%
75%
90%
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Benefits Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$13.28 - $39.03
(Median)
13
17
24
39
MEDIAN: $19.00
10%
25%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$47,686 - $97,690  
   
Bonus
$0.00 - $13,872  
Profit Sharing
$341.57 - $9,826  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,365 - $103,150  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 896
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$13.28 - $39.03  
   
Overtime
$0.00 - $33.52  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $13,872  
   
Profit Sharing
$341.57 - $9,826  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,365 - $103,150  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 42
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Job Description for Benefits Manager

A benefits manager is a supervisory position in a company's Human Resources (HR) department. Benefits managers' primary role is to handle all issues related to employee benefits. Usually in most medium and large-sized companies, much of this benefit work revolves around employee health care insurance and related programs, but it can also include other aspects as well.
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Benefits Manager Tasks
  • Manage the selection, training and development of benefits staff who administer benefit programs and respond to employee inquiries.
  • Propose cost and time efficient changes to benefits programs, manage the annual benefit budgets.
  • Ensure compliance of all plans and programs with governmental regulatory agencies.
  • Manage vendors to ensure services are delivered within contractual agreements.

Common Career Paths for Benefits Manager

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Benefits Managers may receive a large increase in pay with career advancement. Those who transition into an upper level Compensation & Benefits Director position may earn an additional $49K per year. As Benefits Managers progress in their field, many go on to become Human Resources Managers. In fact, this transition is more common than anything else, despite the $13,792 drop in pay. Another common career choice for Benefits Managers is to move into a Sr. Benefits Manager role—this promotion comes with a pay raise of $21K.

Benefits Manager Job Listings

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Popular Skills for Benefits Manager

Benefits Managers seem to exploit a large range of skills on the job. Most notably, facility with Vendor Management, Project Management, and 401k Plan Administration are correlated to pay that is significantly above average, leading to increases of 41 percent, 15 percent, and 12 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Payroll Administration, Human Resources Information System (HRIS), and Windows Operating System General Use. For most people, competency in Microsoft Excel indicates knowledge of Benefits & Compensation and Benefits Administration.

Pay by Experience Level for Benefits Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Benefits Managers with a lot of experience do not necessarily enjoy higher salaries, as pay increases are mainly incremental. Workers new to the field can expect to earn $57K, increasing to $68K after five to 10 years. Those who spend a decent amount of time in this profession—one to two decades—usually make about $77K. After two decades on the job, Benefits Managers see salary growth dwindle, averaging $83K. The majority of Benefits Managers have only 10 to 20 years of practice in the field. Workers with one to 10 years make up the second biggest group followed by those with more than 20 years under their belt.

Pay Difference By Location

San Francisco
up arrow 28%
Minneapolis
up arrow 26%
Chicago
up arrow 22%
up arrow 20%
Boston
up arrow 15%
Phoenix
up arrow 9%
Philadelphia
up arrow 7%
Washington
up arrow 5%
Los Angeles
up arrow 5%
Atlanta
up arrow 3%
Dallas
up arrow 3%
0%
National Average
$71,000
Seattle
up arrow 16%
Rochester
up arrow 18%
Denver
up arrow 20%
Larger circles over a city indicate a job is popular in that location.
San Francisco offers some of the highest pay in the country for Benefits Managers, 28 percent above the national average. Benefits Managers will also find cushy salaries in Minneapolis (+26 percent), Chicago (+22 percent), New York (+20 percent), and Boston (+15 percent). One of the biggest compensable factors for Benefits Managers is geography, with workers in Denver earning a whopping 20 percent below the national average. Workers in Rochester and Seattle earn less than others in this profession; their -18 percent and -16 percent-salaries fall short of the national average.

Related Job Salaries

Experience Affects Benefits Manager Salaries

National Average
$71,000

Skills That Affect Benefits Manager Salaries

Vendor Management
up arrow 41%
Project Management
up arrow 15%
Contract Negotiation
up arrow 9%
Retirement Plan Administration
up arrow 9%
Benefits Administration
up arrow 1%
Microsoft Office
0%
Benefits & Compensation
0%
Microsoft Word
0%
National Average
$71,000
Microsoft Excel
up arrow 1%
Windows Operating System General Use
up arrow 4%
Human Resources Information System (HRIS)
up arrow 6%
Payroll Administration
up arrow 10%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 231 votes.

Gender

Female
86%
female alumni
 
Male
14%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
25%
10-19 years
41%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 84%
vision benefits Vision: 68% employee benefits None: 8%
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