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Employee Benefits Manager Salary

Close to three-fifths of Employee Benefits Managers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $39K to $94K per year, but median earnings come to around $62K per year. Final cash compensation to Employee Benefits Managers varies from around $39K to approximately $94K; choice pay grades include potential for bonuses and profit sharing as high as $16K and $5K, respectively. For the most part, Employee Benefits Managers enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Women make up the vast majority of Employee Benefits Managers (90 percent) who answered the questionnaire. The data in this summary comes from the PayScale salary survey.
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$40,470 - $88,861
(Median)
$40K
$62K
$89K
MEDIAN: $61,815
10%
50%
90%

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$11.15 - $36.24
(Median)
$11
$16
$36
MEDIAN: $16.00
10%
50%
90%

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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$32K$64K$96K
Salary
$40,470 - $88,861  
   
Bonus
$0.00 - $16,409  
Profit Sharing
$507 - $5,425  
Commission
$500 - $21,000  
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).
)
$38,910 - $94,182  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 190
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$20$40$60
Hourly Rate
$11.15 - $36.24  
   
Overtime
$12.00 - $57.75  
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 - $16,409  
   
Commission
$500 - $21,000  
Profit Sharing
$507 - $5,425  
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).
)
$38,910 - $94,182  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 21

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United States (change)


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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

  • 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 Employee Benefits Manager


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A lot of Employee Benefits Managers move on to become Benefits Managers, that group gets paid a slightly higher $67K on average.

Benefits Manager Job Listings

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Pay by Experience Level for Employee Benefits Manager

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


Employee Benefits Managers with a lot of experience tend to enjoy higher earnings. Average salaries for inexperienced employees average out to around $46K, but folks who have five to 10 years of experience earn a higher median of $55K. For Employee Benefits Managers, 10 to 20 years of experience on the job amounts to an average salary of $72K. Employee Benefits Managers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $74K.

Related Job Salaries

United States (change)

Experience Affects Employee Benefits Manager Salaries

Late-Career
up arrow 22%

Experienced
up arrow 17%

National Average
$61,000

Mid-Career
up arrow 10%

Entry-Level
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 47 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
0%
1-4 years
18%
5-9 years
22%
10-19 years
33%
20 years or more
27%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 76%
vision benefits Vision: 59% employee benefits None: 11%
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