Employee Benefits Manager Salary

With nearly three in five of Employee Benefits Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $39K to $95K per year and averages out to $62K per year. Total incomes of Employee Benefits Managers incorporate potential for, in a few cases, more than $16K from bonuses and close to $5K from profit sharing; these performance components cause packages to range between $39K and $95K. The majority of Employee Benefits Managers claim high levels of job satisfaction. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Read More
$40,842 - $89,471
(Median)
$41K
$62K
$89K
MEDIAN: $62,312
10%
50%
90%

Add this chart to your site: 640px    300px

$11.15 - $36.24
(Median)
$11
$16
$36
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
$40,842 - $89,471  
   
Bonus
$0.00 - $16,341  
Profit Sharing
$1,007 - $5,463  
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).
)
$39,244 - $95,327  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 192
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 - $16,341  
   
Commission
$500 - $21,000  
Profit Sharing
$1,007 - $5,463  
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).
)
$39,244 - $95,327  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 21

Find Out Exactly What You Should Be Paid

United States (change)

- OR -

Log in with LinkedIn

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


Experience is an important factor influencing the compensation of Employee Benefits Managers. Folks with fewer than five years of experience take home $47K on average, and those who have worked for five to 10 years see a bigger median salary of $55K. Employee Benefits Managers with one to two decades of relevant experience report an average salary of approximately $72K. More than 20 years of experience mean a somewhat bigger median paycheck of $77K, but it's not much more than what less experienced people make.

Related Job Salaries

United States (change)

Experience Affects Employee Benefits Manager Salaries

Late-Career
up arrow 25%

Experienced
up arrow 16%

National Average
$61,000

Mid-Career
up arrow 11%

Entry-Level
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 49 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
0%
1-4 years
17%
5-9 years
22%
10-19 years
32%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 59% employee benefits None: 11%