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Employee Benefits Manager Salary

Employee Benefits Managers in the United States tend to be well-versed in their field, and three in five have more than 10 years of experience. Average salary is expected to be around $62K annually, but may range from $39K to $95K per year. In the world of Employee Benefits Managers, overall cash allowance can occasionally include more than $16K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $39K and $95K. Most workers in this position report high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. This snapshot results from replies to PayScale's salary survey.
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$40,507 - $89,186
(Median)
$41K
$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
$40,507 - $89,186  
   
Bonus
$0.00 - $16,409  
Profit Sharing
$511 - $19,574  
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).
)
$38,960 - $95,327  
Country: United States | Currency: USD | Updated: 16 May 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 - $16,409  
   
Commission
$500 - $21,000  
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).
)
$38,960 - $95,327  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 21
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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 often end up in upper-level roles like Benefits Manager. Benefits Managers bring home $67K annually 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. Workers with less than five years' experience earn around $46K on average, and those who have five to 10 years under their belts see a higher median salary of $55K. Employee Benefits Managers claiming one to two decades of experience make an estimated median of $72K. Employee Benefits Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $75K on average.

Related Job Salaries

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Experience Affects Employee Benefits Manager Salaries

Late-Career
up arrow 23%

Experienced
up arrow 18%

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
1%
1-4 years
18%
5-9 years
22%
10-19 years
32%
20 years or more
27%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 60% employee benefits None: 11%
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