$74,283
Avg. Salary
$21.69
Avg. Hourly Rate

Average additional compensation:

$6,164

Bonus

$3,387

Profit Sharing

$4,000

Commission

What am I worth?
How should I pay?

The average pay for a Benefits Manager is $21.69 per hour.

The average pay for a Benefits Manager is $74,283 per year.

10%
$15.58
10%
$21.69
50%
$31.19
90%
90%
MEDIAN $21.69
10%
$50k
10%
$74k
50%
$105k
90%
90%
MEDIAN $74,283
$49,911 - $104,820
$50K
$74K
$100K
MEDIAN: $74,283
10%
50%
90%

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$15.58 - $31.19
$16
$22
$31
MEDIAN: $21.69
10%
50%
90%

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$0$110K
Salary $49,911 - $104,820
Bonus $1,449 - $15,100
Profit Sharing $0.00 - $10,019
Commission $4,000
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).
)
$49,476 - $110,654
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 1,841
Hourly Data $0$51
Hourly Rate $15.58 - $31.19
Overtime $19.63 - $51.45
Annual Data $0$110K
Bonus $1,449 - $15,100
Commission $4,000
Profit Sharing $0.00 - $10,019
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).
)
$49,476 - $110,654
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 78

Job Description for Benefits Manager

A benefits manager is a supervisory position in a company's Human Resources (HR) department. Benefits managers' primary role is to handle all issues related to employee benefits. Usually in most medium and large-sized companies, much of this benefit work revolves around employee health care insurance and related programs, but it can also include other aspects as well.

Read More...
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 Benefits Manager


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It's not very common for Benefits Managers to move on to become Directors of Compensation & Benefits. Average pay for a Director of Compensation & Benefits is $122K annually. A Human Resources Manager role is the most common promotion for Benefits Managers moving up the ladder. Pay for this role tends to be $59K per year. Another typical, albeit less common, transition for Benefits Managers is a Senior Benefits Manager position, where earnings are usually $95K.

Benefits Manager Job Listings

Popular Skills for Benefits Manager


Benefits Managers report using a deep pool of skills on the job. Most notably, facility with Vendor Management, Pension Plan Administration, and 401k Plan Administration are correlated to pay that is significantly above average, leading to increases of 33 percent, 17 percent, and 6 percent, respectively. Those listing Human Resources as a skill should be prepared for drastically lower pay. Payroll Administration and Health and Wellness also typically command lower compensation. Most people who know Benefits Administration also know Microsoft Office and Benefits & Compensation.

Pay by Experience Level for Benefits Manager

Pay by Experience for a Benefits Manager has a positive trend. An entry-level Benefits Manager with less than 5 years of experience can expect to earn an average total compensation of $59,000 based on 188 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 $69,000 based on 340 salaries. An experienced Benefits Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $81,000 based on 478 salaries. A 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 $89,000 based on 208 salaries.

Pay Difference by Location

41%

29%

17%

17%

16%

10%

2%

-2%

-4%

National Average: $75,545

Larger city markers indicate a job is popular in that location.

For those looking to make money, Benefits Managers in New York enjoy an exceptional pay rate, 43 percent above the national average. Benefits Managers will also find cushy salaries in San Francisco (+36 percent), Chicago (+31 percent), Houston (+19 percent), and Seattle (+19 percent). Location significantly influences compensation, with San Antonio Benefits Managers earning much less — 33 percent less — than the national average. Employers pay around 29 percent less in Colorado Springs and 21 percent less in Rochester, below-median salaries for those in this field.

Benefits Manager Advice

Q: What is it like working as a Benefits Manager?

Benefits Manager in Houston:
"Goals."
Determine organizational goals and objectives for role and function.

Benefits Manager in San Antonio:
"Understand the state of the PEO in which you are working for."
Even for a season HR Manager/Director PEO is completely different world. Between the sheet volume of clients and meeting their needs a prospective employee should understand the integrity, policies and procedure fully.

Benefits Manager in Tampa:
"Over worked and under paid."
Pros: The weather.
Cons: It is hard to find quality applicants in the benefits field.

Benefits Manager in Englewood Cliffs:
"Potential Growth for a Career."
Clarify potential growth for a career and what are the steps to achieve them. Review each year to show progression and receive compensation accordingly.

Benefits Manager in Tacoma:
Continue to educate yourself, whether it be in your field or in another area. Know your company's culture. Know when to be flexible. Be open to change.

Benefits Manager in Telford:
"Know your product."
Understand the details of all the benefits you offer to employees.

Benefits Manager in Charlotte:
"Certifications are a plus."
Get your CEBS certification.

Related Job Salaries

Key Stats for Benefits Manager

Gender

Female
87 %
Male
13 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 375 votes.
Less than 1 year
1%
1-4 years
13%
5-9 years
24%
10-19 years
40%
20 years or more
22%

Experience Affects Benefits Manager Salaries

▲18%

▲8%

National Average
$76,000

▼8%

▼21%

Skills That Affect Benefits Manager Salaries

Vendor Management
▲31%



Contract Negotiation
▲3%

Benefits Administration
▼0%

Leave of Absence Administration
▼0%

National Average
$76,000


Benefits & Compensation
▼1%





Health and Wellness
▼9%

Payroll Administration
▼10%

Human Resources
▼24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 375 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
24%
10-19 years
40%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
no benefits
None: 11%