Employee Benefits Manager Salary

Roughly three-fifths 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 per year. Cash earnings for Employee Benefits Managers — which occasionally include more than $12K from bonuses and more than $4K from profit sharing — stretch from around $42K to approximately $97K. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Most workers in this position report high levels of job satisfaction. Employee Benefits Managers who responded to the questionnaire are largely women, dominating at 87 percent. The numbers in this rundown were provided by PayScale's salary survey participants.
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$40,906 - $93,628
$41K
$63K
$94K
MEDIAN: $63,004
10%
50%
90%

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

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$0$97K
Salary $40,906 - $93,628
Bonus $102.56 - $11,986
Profit Sharing $0.00 - $3,878
Commission $15,500
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).
)
$41,609 - $97,466
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 112
Hourly Data $0$42
Hourly Rate $27.37
Overtime $35.65
Annual Data $0$97K
Bonus $102.56 - $11,986
Commission $15,500
Profit Sharing $0.00 - $3,878
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).
)
$41,609 - $97,466
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 9

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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

  • 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 who transition into an upper level Benefits Manager position will not necessarily make much more than they do in their current role. The average Benefits Manager makes $69K a year.

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
87 %
Male
13 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.
Less than 1 year
1%
1-4 years
20%
5-9 years
20%
10-19 years
33%
20 years or more
26%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Employee Benefits Manager Salaries

Experienced
▲11%

Late-Career
▲6%

Mid-Career
▲1%

National Average
$64,000

Entry-Level
▼29%

Skills That Affect Employee Benefits Manager Salaries

Regulatory Compliance
▲21%


National Average
$64,000

Account Management
▼21%

Job Satisfaction

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

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
20%
10-19 years
33%
20 years or more
26%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 78%
vision benefits
Vision: 70%
no benefits
None: 11%
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