Employee Benefits Manager Salary

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 $40K to $95K per year, and the average comes out to $63K per year. Final cash compensation to Employee Benefits Managers varies from around $40K to approximately $95K; choice pay grades include potential for bonuses and profit sharing as high as $16K and $20K, respectively. 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. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Read More
$40,954 - $88,830
(Median)
$41K
$63K
$89K
MEDIAN: $63,008
10%
50%
90%

Add this chart to your site: 640px    300px

$11.67 - $36.99
(Median)
$12
$16
$37
MEDIAN: $16.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$40,954 - $88,830  
   
Bonus
$0.00 - $16,000  
Profit Sharing
$511 - $19,574  
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).
)
$39,848 - $94,749  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 189
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$25$50$75
Hourly Rate
$11.67 - $36.99  
   
Overtime
$11.96 - $72.72  
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 - $16,000  
   
Profit Sharing
$511 - $19,574  
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).
)
$39,848 - $94,749  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 18
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


Employee Benefits Managers who go on to become Benefits Managers may see somewhat stagnant compensation. On average, a Benefits Manager, an upper-level role, pays $67K.

Benefits Manager Job Listings

Search for more jobs:


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. Those who have worked for fewer than five years take home a median salary of $46K, and workers with five to 10 years of experience earn a higher $55K on average. Employee Benefits Managers bring in $73K after working for 10 to 20 years. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $76K on average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Employee Benefits Manager Salaries

Late-Career
up arrow 23%

Experienced
up arrow 18%

National Average
$62,000

Mid-Career
up arrow 11%

Entry-Level
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
21%
10-19 years
33%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 78%
vision benefits Vision: 61% employee benefits None: 11%
ADVERTISEMENT