Business & Finance
Compensation and Benefits Managers
Plan, direct, or coordinate compensation and benefits activities of an organization.
Median salary
$140,360
Typical range
$82k – $253k
Job outlook
See national outlook
AI exposure
Plan a path to Compensation and Benefits Managers
Education
Typical entry: Bachelor's degree
Plan my path to this →Typical progression
Compensation and Benefits Managers Intern
Internship
$40,830
~4 mos to advance
Junior Compensation and Benefits Managers
Entry / Junior
$81,660
~2 yrs to advance
Compensation and Benefits Managers
Established
$140,360
~3 yrs to advance
Senior Compensation and Benefits Managers
Senior
$196,504
Internships are a common on-ramp here — they speed up landing that first role and improve your odds, which is why the Safe and High-ceiling plans build one in.
Key skills
A typical day
- •Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
- •Design, evaluate, and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
- •Fulfill all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Income Security Act (ERISA).
- •Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
- •Identify and implement benefits to increase the quality of life for employees by working with brokers and researching benefits issues.
Fields of study
Any field
Top colleges for Business & Finance
Explore all- University of Pennsylvania6% admit · $112,000 grad pay
- Massachusetts Institute of Technology4% admit · $124,000 grad pay
- Harvard University4% admit · $119,000 grad pay
- University of California, Berkeley11% admit · $97,000 grad pay
- New York University12% admit · $84,000 grad pay
Reputation-based selection; stats shown are outcome data per school.