Benefits Supervisor Salary
Benefits Supervisors in the United States tend to be well-versed in their field, and just under three-fifths have more than 10 years of experience. Average salary is expected to be around $63K annually, but may range from $42K to $95K per year. Female Benefits Supervisors far outnumber their male contemporaries among survey respondents. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a large number. The majority of Benefits Supervisors claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
© PayScale, Inc. @ www.payscale.com
|Salary||$43,672 - $93,224|
|Bonus||$0.00 - $7,920|
|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).)
|$42,135 - $94,747|
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
- Participate in the development and management of annual benefit budgets.
- Coordinate activities of the benefits team in responding to employee questions about benefits.
- Assist with planning, development, implementation, and maintenance of the company's benefit programs.
- Assist in hiring, training and reviewing performance of benefits staff.
Pay by Experience Level for Benefits Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average worker who claims fewer than five years of experience earns around $49K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $68K. Benefits Supervisors see a median salary of $67K after reaching one to two decades on the job. Survey participants with more than twenty years of experience only make around $65K on average, though; this group reports a lower median than the one claimed by mid-career individuals.
Related Job Salaries
Key Stats for Benefits Supervisor
Rated 5 out of 5
based on 7 votes.