HR Managers Salary 2017: How Much Money Do They Make

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hourly pay for Compensation and Benefits Managers
do Compensation and Benefits Managers make a lot of money

Compensation and Benefits Managers

Other names for this job might include Benefit Director, Benefits Administrator, Benefits Coordinator, Benefits Manager, Business Manager, Compensation and Benefits Manager, Compensation Director, Compensation Manager, Controller, Corporate Controller


  • $126900
    Salary
  • 79%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Low
    Job growth
OwlGuru Rank

A



How Much Successful HR Managers Make In 2017


In this salary guide, you will find out how much do Compensation and Benefits Managers make.

After reading this, you will be able to make a decision if working as a Compensation and Benefits Manager will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).



Average salary

Annual salary
$126900 per year

Hourly wage
$61.01 per hour


1 of the most popular questions we get from our readers here at OwlGuru is how much do HR Managers make per year and what is their hourly wage.

According to BLS, the average annual salary of HR Managers is $126900. Their salary can also be as low as $66150 if you’re still a newbie with no experience to over $199950 if you have a ton of experience under your belt.

The typical hourly pay is $61.01 and can range from $31.80 to $96.13 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A HR Manager will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank
A

We wanted to make it easy for our readers to compare the salary of A HR Manager to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do HR Managers make with other careers, they have a salary rank of A.



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Salary range

LevelHourlyYearly
Highest (Top 10%)$96.13$199950
Senior (Top 25%)$75.03$156050
Middle (Mid 50%)$55.89$116240
Junior (Bottom 25%)$41.89$87120
No experience (Bottom 10%)$31.80$66150


Entry-level HR Managers who starts out at $87120 can expect to make $116240 after 3-5 years of experience in the field.

The bottom 10% makes less than $31.80 per hour while the top 10% makes over $96.13 per hour.

While the median wage is $116240 per annum or $55.89 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.


Highest paying industries

Industry nameHourly wageAnnual salary
Securities and Commodity Contracts Intermediation and Brokerage76.33158760
Other Financial Investment Activities75.74157530
Securities, Commodity Contracts, and Other Financial Investments and Related Activities75.09156190
Oil and Gas Extraction74.56155090
Newspaper, Periodical, Book, and Directory Publishers68.45142370
Telecommunications68.31142080
Pharmaceutical and Medicine Manufacturing68.2141860
Wired Telecommunications Carriers68.18141820
Mining67.88141180
Pipeline Transportation67.41140220
Professional and Commercial Equipment and Supplies Merchant Wholesalers67.04139450
Publishing Industries (except Internet)66.61138540
Insurance Agencies and Brokerages66.51138350
Aerospace Product and Parts Manufacturing66.43138180
Chemical Manufacturing66.05137380
Semiconductor and Other Electronic Component Manufacturing65.74136740
Broadcasting (except Internet)65.6136450
Information65.41136060
Business, Professional, Labor, Political, and Similar Organizations65.35135930
Research and Development in the Physical, Engineering, and Life Sciences65.31135840
Nondepository Credit Intermediation65.3135830
Software Publishers65.07135360
Insurance Carriers65.02135240
Other Information Services64.29133730
Scientific Research and Development Services64.17133480
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing64.1133330
Computer and Electronic Product Manufacturing64.07133260
Computer Systems Design and Related Services63.85132810
Insurance Carriers and Related Activities63.75132610
Data Processing, Hosting, and Related Services63.67132430
Communications Equipment Manufacturing63.15131340
Direct Insurance (except Life, Health, and Medical) Carriers63.08131210
Television Broadcasting62.9130830
Computer and Peripheral Equipment Manufacturing62.85130730
Radio and Television Broadcasting62.69130390
Office Administrative Services62.6130210
Finance and Insurance62.52130040
Management, Scientific, and Technical Consulting Services62.14129240
Agencies, Brokerages, and Other Insurance Related Activities62.1129170
Management of Companies and Enterprises61.58128090
Professional, Scientific, and Technical Services60.73126320
Grantmaking and Giving Services60.3125420
Legal Services60.2125210
Natural Gas Distribution59.76124300
Religious, Grantmaking, Civic, Professional, and Similar Organizations59.7124180
Administrative and Support Services59.62124020
Other Services (except Federal, State, and Local Government)59.62124010
Sector 56- Administrative and Support and Waste Management and Remediation Services59.47123700
Merchant Wholesalers, Durable Goods59.45123660
Heavy and Civil Engineering Construction59.11122950
All industries, private ownership only58.66122010
Wholesale Trade58.59121870
Scheduled Air Transportation58.46121590
Air Transportation58.43121520
Transportation Equipment Manufacturing58.42121510
Activities Related to Real Estate58.18121020
Waste Management and Remediation Services58.07120790
Advertising, Public Relations, and Related Services57.82120270
Wholesale Electronic Markets and Agents and Brokers57.79120190
Other Insurance Related Activities57.58119760
Utilities57.56119730
Miscellaneous Manufacturing57.55119710
Merchant Wholesalers, Nondurable Goods57.23119030
Medical Equipment and Supplies Manufacturing57.2118970
All industries57.05118670
General Medical and Surgical Hospitals, Privately owned56.71117960
Hospitals, Privately owned56.67117880
Employment Services56.56117640
Other Nondepository Credit Intermediation56.27117050
Transportation and Warehousing56.21116920
General Medical and Surgical Hospitals (including private, state, and local government hospitals)56.15116790
Hospitals (including private, state, and local government hospitals)56.13116750
Electric Power Generation, Transmission and Distribution56.02116530
Rail Transportation55.99116450
Construction55.88116240
Motion Picture and Sound Recording Industries55.44115320
Motion Picture and Video Industries55.44115320
Nonresidential Building Construction55.2114810
Real Estate and Rental and Leasing55.17114740
Credit Intermediation and Related Activities55.07114540
Electrical Equipment, Appliance, and Component Manufacturing54.88114150
Architectural, Engineering, and Related Services54.77113920
Construction of Buildings54.73113840
Accounting, Tax Preparation, Bookkeeping, and Payroll Services54.53113430
Outpatient Care Centers54.44113240
Machinery Manufacturing54.08112480
Engineering Services53.97112250
Offices of Physicians53.64111580
Electronic Shopping and Mail-Order Houses53.31110890
Household Appliances and Electrical and Electronic Goods Merchant Wholesalers53.24110740
Depository Credit Intermediation52.72109660
Ambulatory Health Care Services52.62109460
Real Estate52.49109180
Manufacturing52.2108570
Colleges, universities, and professional schools, Privately owned52.08108320
Nonferrous Metal (except Aluminum) Production and Processing52.01108180
Electrical Equipment Manufacturing51.98108120
Activities Related to Credit Intermediation51.45107010
Health Care and Social Assistance (including private, state, and local government hospitals)51.3106700
Educational Services, Privately owned51.11106310
Nonstore Retailers50.87105810
Motor Vehicle Parts Manufacturing50.04104080
Hospitals, Local government owned49.45102850
General Medical and Surgical Hospitals, Local government owned49.31102570
Agriculture, Construction, and Mining Machinery Manufacturing49.28102510
Elementary and Secondary Schools, Local government owned48.53100940
Colleges, Universities, and Professional Schools (including private, state, and local government schools)48.41100690
Elementary and Secondary Schools (including private, state, and local government schools)48.0499930
Arts, Entertainment, and Recreation47.9899810
Museums, Historical Sites, and Similar Institutions47.7399280
Offices of Real Estate Agents and Brokers47.6599110
Educational Services, Local government owned47.699010
Educational Services (including private, state, and local government schools)47.5398860
Pulp, Paper, and Paperboard Mills47.1898130
Local government, including schools and hospitals46.4796650
Vocational Rehabilitation Services46.396300
Social Advocacy Organizations46.2696220
Retail Trade46.1495980
Local Government, excluding schools and hospitals46.195880
Other Fabricated Metal Product Manufacturing45.9495550
Food Manufacturing45.6995040
Food Services and Drinking Places45.4594530
Community Food and Housing, and Emergency and Other Relief Services45.3694350
Warehousing and Storage45.2394070
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service45.1493900
Fabricated Metal Product Manufacturing44.9693520
Junior colleges, Local government owned44.8693300
Federal, State, and Local Government44.6992950
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service44.6992950
Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly44.2291980
Paper Manufacturing43.8691220
Amusement, Gambling, and Recreation Industries43.3290100
Colleges, universities, and professional schools, State government owned43.2990050
Primary Metal Manufacturing43.2789990
Junior Colleges (including private, state, and local government schools)43.2489940
Social Assistance42.6788750
Automobile Dealers42.5888570
Educational Services, State government owned42.5588500
Converted Paper Product Manufacturing42.5388460
Plastics and Rubber Products Manufacturing42.4788340
Gambling Industries41.9487240
Printing and Related Support Activities41.8186970
Casino Hotels41.686530
State government, including schools and hospitals41.3886070
Plastics Product Manufacturing41.3586010
Other General Purpose Machinery Manufacturing41.2785830
Accommodation and Food Services41.2785830
Individual and Family Services41.1685610
Motor Vehicle and Parts Dealers41.0285330
Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities40.4784170
Nursing and Residential Care Facilities40.1583500
Accommodation39.8482860
Traveler Accommodation39.8482860
State Government, excluding schools and hospitals39.7582670
Nursing Care Facilities (Skilled Nursing Facilities)39.3681880
Foundries38.1679380

Not all industries pay the same for Compensation and Benefits Managers.

1 of the easiest way to increase your salary is to change industries and find a higher paying one.



Highest paying states

StateHourlyAnnual
NJ$74.18$154300
DE$72.66$151140
NY$72.15$150080
RI$68.94$143390
CO$66.6$138520
CA$66.39$138090
TX$65.57$136370
CT$65.43$136080
MD$64.87$134930
MA$63.81$132720

Another simple way to boost your pay as A HR Manager is to move to a higher paying state. However moving to a higher paying state like NJ doesn’t mean you will make more overall. This is because the expenses at NJ may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful HR Managers are in the states of NJ, DE, NY, RI and CO. The average salary in NJ is $154300.



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Related to Compensation and Benefits Managers Salary

Compensation and Benefits Managers salary, how much do HR Managers earn, Compensation and Benefits Managers hourly wage, Compensation and Benefits Managers annual pay, highest paying industries for HR Managers, which states pay the highest for HR Managers

Additional resources

http://www.bls.gov/OOH/management/compensation-and-benefits-managers.htm
http://www.ifebp.org/
http://www.worldatwork.org/
http://www.shrm.org/

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Compensation and Benefits Managers
Written by: Stanley Tan
Compensation and Benefits Managers plan, direct, or coordinate compensation and benefits activities of an organization.
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