Employee Benefits Manager Salary

Employee Benefits Managers in the United States with more than 10 years of experience in their profession represent just under three-fifths of Employee Benefits Managers. Salaries average out to around $63K annually and spread from $40K to $91K per year. Including potential for bonuses and profit sharing — peaking near $13K and $20K, respectively — total cash payment to Employee Benefits Managers can bottom out near $40K or peak near $91K depending on individual performance. The majority of Employee Benefits Managers claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. This report is based on answers to PayScale's salary questionnaire.
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$41,010 - $87,131
(Median)
$41K
$63K
$87K
MEDIAN: $62,936
10%
50%
90%

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$11.59 - $37.52
(Median)
$12
$16
$38
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$31K$62K$93K
Salary
$41,010 - $87,131  
   
Bonus
$0.00 - $13,395  
Profit Sharing
$503 - $19,866  
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).
)
$39,704 - $91,157  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 188
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$11.59 - $37.52  
   
Overtime
$11.88 - $73.97  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $13,395  
   
Profit Sharing
$503 - $19,866  
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).
)
$39,704 - $91,157  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 16
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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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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 $68K a year.

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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.


Although individuals who have less than five years' experience earn $47K on average, people with five to 10 years benefit from a notably larger average of $60K. Employee Benefits Managers who work for 10 to 20 years in their occupation tend to earn about $73K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $70K on average.

Related Job Salaries

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Experience Affects Employee Benefits Manager Salaries

Experienced
up arrow 16%

Late-Career
up arrow 11%

National Average
$63,000

Mid-Career
up arrow 5%

Entry-Level
up arrow 25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
93 %
Male
7 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
23%
10-19 years
32%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
medical benefits
Vision: 63%
dental benefits
None: 10%
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