Annual Salary, Salary Range, and Highest Paying States and Industries
Compensation and Benefits Managers
Compensation and Benefits Managers plan, direct, or coordinate compensation and benefits activities of an organization.
Table of contents
- Average salary
- Starting salary
- Salary rank
- Salary range
- Highest paying states
- Highest paying industries
Average salary
Starting salary
Entry-level Compensation and Benefits Managers with little to no experience can expect to make anywhere between $70,920 to $93,510 per year or $34 to $45 per hour. Similar to any other job, their salary will increase as they gain experience.
Salary rank
We wanted to make it easy for our readers to compare the salary of Compensation and Benefits Managers to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.
Salary range
Level | Hourly | Annual |
---|---|---|
Highest (Top 10%) | $100+ | $208,000+ |
Senior (Top 25%) | $81 | $168,500 |
Middle (Mid 50%) | $60 | $125,130 |
Junior (Bottom 25%) | $45 | $93,510 |
No experience (Bottom 10%) | $34 | $70,920 |
Highest paying states
State | Hourly | Annual |
---|---|---|
NJ | $95 | $198,300 |
NY | $91 | $189,370 |
RI | $85 | $177,460 |
CT | $85 | $176,080 |
WA | $77 | $161,190 |
CA | $75 | $155,130 |
CO | $74 | $153,330 |
VA | $73 | $152,830 |
DC | $70 | $145,920 |
MD | $70 | $145,870 |
Another simple way to increase your salary as a Compensation and Benefits Manager is to move to a higher paying state. However moving to a higher paying state like NJ doesn’t guarantee that you will make more because the expenses at NJ might be much higher than where you are currently living at right now.
According to BLS, the highest paid HR Managers are in the states of NJ, NY, RI, CT and WA.
Highest paying industries
Salary by industry | Annual | Hourly |
---|---|---|
Electronic Shopping and Mail-Order Houses | $167570 | $80.56 |
Software Publishers | $162310 | $78.03 |
Telecommunications | $161810 | $77.80 |
Semiconductor and Other Electronic Component Manufacturing | $160660 | $77.24 |
Pharmaceutical and Medicine Manufacturing | $158940 | $76.42 |
Accounting, Tax Preparation, Bookkeeping, and Payroll Services | $157840 | $75.88 |
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | $157550 | $75.74 |
Business, Professional, Labor, Political, and Similar Organizations | $157480 | $75.71 |
Scientific Research and Development Services | $156840 | $75.41 |
Other Information Services | $155900 | $74.95 |
Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $155220 | $74.62 |
Credit Intermediation and Related Activities | $153120 | $73.62 |
Advertising, Public Relations, and Related Services | $152580 | $73.35 |
Legal Services | $150170 | $72.20 |
Data Processing, Hosting, and Related Services | $147840 | $71.08 |
Management of Companies and Enterprises | $146990 | $70.67 |
Management, Scientific, and Technical Consulting Services | $146960 | $70.65 |
Computer Systems Design and Related Services | $144800 | $69.62 |
Insurance Carriers | $144570 | $69.50 |
Scheduled Air Transportation | $144260 | $69.36 |
Nondepository Credit Intermediation | $144000 | $69.23 |
Medical Equipment and Supplies Manufacturing | $143070 | $68.78 |
Office Administrative Services | $142910 | $68.71 |
Newspaper, Periodical, Book, and Directory Publishers | $141790 | $68.17 |
Professional and Commercial Equipment and Supplies Merchant Wholesalers | $141090 | $67.83 |
Agencies, Brokerages, and Other Insurance Related Activities | $134840 | $64.83 |
Machinery Manufacturing | $134660 | $64.74 |
General Medical and Surgical Hospitals | $132650 | $63.77 |
Electric Power Generation, Transmission and Distribution | $132480 | $63.69 |
Chemical Manufacturing | $131130 | $63.04 |