Employee Benefits Manager Salary

Around three in five of Employee Benefits Managers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $42K to $97K per year, and the average comes out to $63K annually. Total incomes of Employee Benefits Managers incorporate potential for, in a few cases, more than $12K from bonuses and close to $4K from profit sharing; these performance components cause packages to range between $42K and $97K. The majority of Employee Benefits Managers claim high levels of job satisfaction. Women account for the majority of Employee Benefits Managers who took the survey — 87 percent to be exact. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The data in this summary comes from the PayScale salary survey.
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$41,273 - $95,937
$41K
$65K
$96K
MEDIAN: $64,525
10%
50%
90%

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$18.98 - $31.06
$27
MEDIAN: $27.37
50%

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$0$97K
Salary $41,273 - $95,937
Bonus $102.13 - $12,038
Profit Sharing $0.00 - $3,915
Commission $15,000
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).
)
$42,282 - $97,964
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 111
Hourly Data $0$42
Hourly Rate $27.37
Overtime $35.65
Annual Data $0$97K
Bonus $102.13 - $12,038
Commission $15,000
Profit Sharing $0.00 - $3,915
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).
)
$42,282 - $97,964
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 9

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Employee Benefits Manager

An employee benefits manager is a key member of a company's human resources management team. The benefits manager helps administer the fringe benefits for employees throughout the company. These are primarily healthcare benefits, but they also include things like retirement savings plans, vacations, and anything else the organization offers as an employment perk or incentive to employees. The benefits manager not only helps keep employees advised of their benefit options. This person also seeks to continually improve the cost and performance of these benefits in a way that balances costs to the organization, while remaining an attractive perk for hiring and retaining personnel.

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Employee 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 Employee Benefits Manager


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Employee Benefits Managers' salary tends to stay somewhat level for those who assume higher-end positions like Benefits Manager. Median pay for Benefits Managers is $69K.

Employee Benefits Manager Job Listings

Pay by Experience Level for Employee Benefits Manager

Pay by Experience for an Employee Benefits Manager has a positive trend. An entry-level Employee Benefits Manager with less than 5 years of experience can expect to earn an average total compensation of $45,000 based on 36 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Employee Benefits Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $64,000 based on 41 salaries. An experienced Employee Benefits Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 49 salaries. An Employee Benefits Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $68,000 based on 31 salaries.

Related Job Salaries

Key Stats for Employee Benefits Manager

Gender

Female
88 %
Male
12 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.
1-4 years
18%
5-9 years
19%
10-19 years
36%
20 years or more
27%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Employee Benefits Manager Salaries

Experienced
▲8%

Late-Career
▲3%

National Average
$66,000

Mid-Career
▼2%

Entry-Level
▼31%

Skills That Affect Employee Benefits Manager Salaries

Regulatory Compliance
▲18%


National Average
$66,000

Account Management
▼23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

1-4 years
18%
5-9 years
19%
10-19 years
36%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 71%
no benefits
None: 11%
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