With slightly less than two-thirds of Benefits Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $47K to $111K per year and averages out to $73K annually. Total incomes of Benefits Managers incorporate potential for, in a few cases, more than $15K from bonuses and close to $10K from profit sharing; these performance components cause packages to range between $47K and $111K. Geographic location is the biggest factor affecting pay for this group, followed by experience level. The vast majority (88 percent) of Benefits Managers who took the survey are female. Most report receiving medical coverage from their employers and a large number collect dental insurance. Most workers in this position report high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$48,669 - $104,733
(Median)
$49K
$73K
$100K
MEDIAN: $73,417
10%
50%
90%

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$14.02 - $30.63
(Median)
$14
$20
$31
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$48,669 - $104,733  
   
Bonus
$1,435 - $15,327  
Profit Sharing
$297.99 - $9,787  
Commission
$1,526  
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).
)
$47,396 - $110,552  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 954
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$14.02 - $30.63  
   
Overtime
$18.55 - $50.90  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$1,435 - $15,327  
   
Commission
$1,526  
Profit Sharing
$297.99 - $9,787  
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).
)
$47,396 - $110,552  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 34
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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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While not commonly seen, Benefits Managers who transition into a Director of Compensation & Benefits position may see a rise in pay. The median salary for Directors of Compensation & Benefits is $122K per year. More often than not, a Human Resources Manager role is the next step for Benefits Managers moving up in the field. Pay for Human Resources Managers is usually $59K. Many Benefits Managers choose to take on a Senior Benefits Manager role instead, where salaries are typically $95K.

Benefits Manager Job Listings

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Popular Skills for Benefits Manager


Benefits Managers seem to require a rather large skill set. Most notably, facility with Vendor Management, Pension Plan Administration, and 401k Plan Administration are correlated to pay that is significantly above average, leading to increases of 33 percent, 12 percent, and 6 percent, respectively. Those listing Human Resources as a skill should be prepared for drastically lower pay. Payroll Administration and Health and Wellness also typically command lower compensation. The majority of those who know Benefits Administration also know Microsoft Office and Benefits & Compensation.

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 tend to enjoy higher earnings. Respondents with less than five years' experience take home $58K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $69K. For Benefits Managers, 10 to 20 years of experience on the job amounts to an average salary of $81K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $88K.

Pay Difference by Location

National Average: $74,400

Larger city markers indicate a job is popular in that location.

New York offers some of the highest pay in the country for Benefits Managers, 41 percent above the national average. Benefits Managers can also look forward to large paychecks in cities like San Francisco (+33 percent), Houston (+19 percent), Dallas (+17 percent), and Washington (+14 percent). Benefits Managers in San Antonio earn salaries far below the national average by 33 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Not at the bottom but still paying below the median are employers in Colorado Springs and Rochester (29 percent lower and 21 percent lower, respectively).

Related Job Salaries

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Experience Affects Benefits Manager Salaries



National Average
$74,000



Skills That Affect Benefits Manager Salaries

Vendor Management
up arrow 33%

Pension Plan Administration
up arrow 12%


Contract Negotiation
up arrow 5%

Benefits Administration
up arrow 1%

Benefits & Compensation
0%

Human Resources Information System (HRIS)
0%

National Average
$74,000

Microsoft Excel
up arrow 1%

Leave of Absence Administration
up arrow 2%

Microsoft Office
up arrow 3%

Microsoft Word
up arrow 4%

Windows Operating System General Use
up arrow 4%

Payroll Administration
up arrow 8%

Health and Wellness
up arrow 8%

Human Resources
up arrow 23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 161 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
24%
10-19 years
42%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
medical benefits
Vision: 71%
dental benefits
None: 8%
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