Benefits Supervisor Salary
Benefits Supervisors in the United States are often veterans in their line of work, with close to three-fifths bringing more than 10 years of experience to the table. Salaries slide in at $63K annually on average but can range from $37K to $94K per year. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a large number. Most Benefits Supervisors survey respondents are women (79 percent). The majority of workers are highly satisfied with their job. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
|Salary||$42,135 - $92,177|
|Bonus||$0.00 - $7,807|
|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).)
|$36,706 - $93,633|
|Bonus||$0.00 - $7,807|
|Total Pay (||$36,706 - $93,633|
Job Description for Benefits Supervisor
Benefits supervisors are responsible for administering employees' benefits, such as 401K and pension retirement plans, medical insurance, dental insurance, vision plans, wellness programs, life insurance plans, and disability programs. These supervisors work with approved vendors and may be involved in negotiations with vendors, such as insurance companies, which provide benefits programs to their company's employees.Read More...
Benefits supervisors must ensure that benefits packages are sent to employees in a timely manner and comply with relevant government rules and regulations. When executing benefits documentation, they must consult with their legal department and may be required to develop and analyze bargaining proposals related to unionized employees' benefits. They must also ensure that their company complies with provisions of the Affordable Care Act and Employee Retirement Income Security Act (ERISA) and be able to explain current benefits to employees.
Leadership and relevant prior experience are generally required for this position, and a bachelor's degree or higher in business administration or a related field is also required. Proficiency in Microsoft Office programs is often necessary, and they must also be familiar with their company's software and computer applications. They must also stay up-to-date with all relevant laws and regulations related to employees' benefits.
Benefits Supervisor Tasks
- Assist with planning, development, implementation, and maintenance of the company's benefit programs.
- Assist in hiring, training and reviewing performance of benefits staff.
- Participate in the development and management of annual benefit budgets.
- Coordinate activities of the benefits team in responding to employee questions about benefits.
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Pay by Experience Level for Benefits Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and pay tend to be weakly linked for Benefits Supervisors — those with more experience do not necessarily bring in higher earnings. Relatively untried employees who have less than five years' experience make $49K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $65K. For Benefits Supervisors, 10 to 20 years of experience on the job amounts to an average salary of $66K. As Benefits Supervisors reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $70K.
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