With slightly less than two-thirds of Benefits Managers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Benefits Managers is $74K annually and can range from $48K on the lower end to $111K per year near the higher end. Including potential for bonuses and profit sharing — peaking near $15K and $10K, respectively — total cash payment to Benefits Managers can bottom out near $48K or peak near $111K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by years of experience. For the most part, Benefits Managers enjoy their work and report high levels of job satisfaction. Women account for the majority of Benefits Managers who took the survey — 89 percent to be exact. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to a strong majority. This snapshot results from replies to PayScale's salary survey.

$49,001 - $105,609
$49K
$74K
$110K
MEDIAN: $73,537
10%
50%
90%

Add this chart to your site: 640px    300px

$13.43 - $29.76
$13
$20
$30
MEDIAN: $19.99
10%
50%
90%

Add this chart to your site: 640px    300px

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
$49,001 - $105,609  
   
Bonus
$1,184 - $15,293  
Profit Sharing
$99.33 - $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).
)
$47,700 - $110,988  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 952
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
$13.43 - $29.76  
   
Overtime
$18.72 - $49.69  
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
$1,184 - $15,293  
   
Commission
$1,526  
Profit Sharing
$99.33 - $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).
)
$47,700 - $110,988  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 39

Find Out Exactly What You Should Be Paid

United States (change)

Employers: 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

  • Ensure compliance of all plans and programs with governmental regulatory agencies.
  • Manage vendors to ensure services are delivered within contractual agreements.
  • 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.

Common Career Paths for Benefits Manager


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


It's not very common for Benefits Managers to move on to become Directors of Compensation & Benefits. Average pay for a Director of Compensation & Benefits is $122K annually. A Human Resources Manager role is the most prevalent career advancement for Benefits Managers. Paychecks for that role are $59K on average. The Senior Benefits Manager position is another common transition for Benefits Managers; in this role, salaries are typically at the $95K mark.

Benefits Manager Job Listings

Search for more jobs:

Popular Skills for Benefits Manager


Benefits Managers report using a deep pool of skills on the job. 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, 17 percent, and 5 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. It is often found that people who know Benefits Administration are also skilled in 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. Salaries for the relatively untried average out to around $59K, but survey participants with five to 10 years of experience earn a significantly higher median of $69K. After working for 10 to 20 years, Benefits Managers make a median salary of $81K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $89K.

Pay Difference by Location

National Average: $74,493

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

For Benefits Managers, working in the bustling city of New York has its advantages, including an above-average pay rate. Benefits Managers can also look forward to large paychecks in cities like San Francisco (+32 percent), Chicago (+31 percent), Houston (+17 percent), and Seattle (+12 percent). Location is a huge contributor to overall pay, with Benefits Managers in Colorado Springs earning a whopping 30 percent below the national average. A couple other locations with smaller-than-average paychecks include Rochester (21 percent lower) and Orlando (11 percent lower).

Related Job Salaries

Key Stats for Benefits Manager

Gender

Female
89 %
Male
11 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 151 votes.
041
Less than 1 year
1%
1-4 years
13%
5-9 years
24%
10-19 years
42%
20 years or more
21%
Location:
Years in Fields/Career:
United States (change)

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 17%


Contract Negotiation
up arrow 5%

Benefits Administration
0%

Human Resources Information System (HRIS)
0%

Leave of Absence Administration
0%

National Average
$74,000






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 151 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
24%
10-19 years
42%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
vision benefits
Vision: 72%
dental benefits
None: 9%
ADVERTISEMENT