What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Benefits Manager Salary

Benefits Managers in the United States with more than 10 years of experience in their profession represent slightly less than two-thirds of Benefits Managers. Salaries average out to around $70K annually and spread from $46K to $103K per year. Total cash compensation to Benefits Managers bottoms out near $46K and approaches $103K on the high end; the biggest paychecks include approximately $14K from bonuses and almost $10K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by years of experience. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to a majority. Work is enjoyable for Benefits Managers, who typically claim high levels of job satisfaction. The vast majority of Benefits Managers (85 percent) who participated in the survey are women. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$47,269 - $97,957
(Median)
$47K
$70K
$98K
MEDIAN: $70,215
10%
50%
90%

Add this chart to your site: 640px    300px

$16.14 - $38.38
(Median)
$16
$20
$38
MEDIAN: $20
10%
50%
90%

Add this chart to your site: 640px    300px

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
$47,269 - $97,957  
   
Bonus
$0.00 - $13,990  
Profit Sharing
$346.86 - $9,863  
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).
)
$46,124 - $102,710  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 1,085
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
$16.14 - $38.38  
   
Overtime
$10.00 - $33.91  
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 - $13,990  
   
Profit Sharing
$346.86 - $9,863  
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).
)
$46,124 - $102,710  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 37
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


At the upper end, Benefits Managers who move into a Director of Compensation & Benefits role can end up with a hefty increase in pay. The average income for Directors of Compensation & Benefits is a much higher $122K per year. A Human Resources Manager role is the most prevalent career advancement for Benefits Managers. Paychecks for that role are $58K on average. The Senior Benefits Manager position is another common transition for Benefits Managers; in this role, salaries are typically at the $93K mark.

Benefits Manager Job Listings

Search for more jobs:

Popular Skills for Benefits Manager


Benefits Managers seem to wield many skills on the job. Lucky workers who know Vendor Management can expect a significant pay bump, scoring salaries 39 percent above average. Pension Plan Administration and Project Management are also correlated to pay that is above average, with increases between 14 percent and 39 percent. At the other end of the pay range are skills like Payroll Administration and Windows Operating System General Use. It is often found that people who know Microsoft Excel are also skilled in Benefits Administration and Benefits & Compensation.

Pay by Experience Level for Benefits Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and pay tend to be weakly linked for Benefits Managers — those with more experience do not necessarily bring in higher earnings. Those in the early stages of their career can expect to make around $56K; however, individuals with five to 10 years of experience bring in $69K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $77K in this role. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $83K.

Pay Difference by Location


For those looking to make money, Benefits Managers in New York enjoy an exceptional pay rate, 33 percent above the national average. Benefits Managers can also look forward to large paychecks in cities like Minneapolis (+29 percent), Los Angeles (+26 percent), San Francisco (+26 percent), and Chicago (+15 percent). Benefits Managers in Colorado Springs report much lower salaries than the rest of the country — 27 percent below the national average — proving that residence is a major factor in overall pay. Not at the bottom but still paying below the median are employers in Denver and Rochester (26 percent lower and 18 percent lower, respectively).

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Benefits Manager Salaries



National Average
$72,000



Skills That Affect Benefits Manager Salaries

Vendor Management
up arrow 39%

Pension Plan Administration
up arrow 14%

Project Management
up arrow 14%

Contract Negotiation
up arrow 8%

Retirement Plan Administration
up arrow 8%


Benefits Administration
up arrow 1%

National Average
$72,000

Microsoft Office
up arrow 1%

Benefits & Compensation
up arrow 1%

Microsoft Word
up arrow 1%

Microsoft Excel
up arrow 2%

Human Resources Information System (HRIS)
up arrow 3%

Windows Operating System General Use
up arrow 4%

Payroll Administration
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 233 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
24%
10-19 years
42%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 83%
vision benefits Vision: 68% employee benefits None: 8%
ADVERTISEMENT