Compensation and Benefits Manager

Money & Outlook

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National Earnings

Average Annual Wage

$156,230

Average Hourly Wage

$75.11

Average Annual Range

$81,660 to $239,200

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2022 to 2032 is estimated to be +2%.
(The National average for all occupations is +4%)
Job Openings very small number
  Less than 1000 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,724 openings)
Employment very small occupation
  This was a very small occupation in the United States, employing 17,500 workers in 2022.
(The National average for all occupations is 150,944 workers)
Growth Average growth
  Organizations continue to focus on reducing compensation and benefits costs, such as by introducing pay-for-performance and health and wellness programs. Organizations will need managers to evaluate and direct these compensation and benefits policies and plans. 
Industries Large concentrations of this occupation are found in these industries
  • Management of companies and enterprises (NAICS550000) (21.6%)
  • Management of companies and enterprises (NAICS551000) (21.6%)
  • Finance and insurance (NAICS520000) (18%)
  • Professional, scientific, and technical services (NAICS540000) (15.5%)
  • Insurance carriers and related activities (NAICS524000) (12.5%)
  • Agencies, brokerages, and other insurance related activities (NAICS524200) (7.7%)
  • Administrative and support and waste management and remediation services (NAICS560000) (6.9%)
  • Administrative and support services (NAICS561000) (6.8%)