Salary and Benefits Managers

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Salary And Benefits Managers

Salary and Benefits Managers


Education

What’s Needed:

  • Most compensation and benefits managers have at least a bachelor’s degree in human resources.
  • Some companies prefer to hire individuals who have completed a master’s degree or MBA.
  • Almost all salary managers go to regular training seminars to keep up on changes in compensation law.

What you study:

You’ll study all of the following in your human resources program:

  • HR Best Practices
  • Benefits and Compensation Structures
  • Employment Law
  • Statistical Analysis
  • Diversity in the Workplace
  • Personnel Management


A Day in the Life

You’re a leader in your organization’s HR department.

As a salary and benefits manager you are a key member of a company or organization’s human resources team. Your colleagues may refer to you as a compensation manager benefits managers or employee benefits specialist. Regardless of your title you handle employee compensation systems to ensure that all of your employees are paid in a fair and timely fashion. You also work with company executives to find a benefits plan that fits the company’s budget while offering excellent value to all employees.

You manage company compensation and benefits.

You get to work every morning right as the corporate office of the business that you work for opens. Your company is in the midst of redesigning its compensation structure. As the compensation manager you are in charge of this project. You check in with the employees who work under you in your HR department and then head to a meeting with company executives. You talk to executives about adjusting the personnel budget to meet the demands of the job market. During the meeting you explain that salaries must be adjusted if your company expects to attract the top talent in your industry.

You assist employee with insurance-related issues.

After your meeting you head back to your office and check your phone messages and emails. You see that an employee at a satellite location is having problems with your company’s insurance provider. First you call the employee so that you understand the nature of the problem and can best guide her. You listen to the employee’s concerns and tell her that you’ll call the insurance company and try to get everything sorted out. You place a call to the insurance company and leave a message for the person you need to speak with about your employee’s problem.

For the rest of the morning you work with your employees to sort out any minor benefits and compensation issues. You guide them as they prepare paperwork for your workers’ compensation insurance provider. One of your teammates works with you to prepare budgetary projections based on the new information you received while talking with company leaders this morning.

You take a quick lunch so that you can meet with an employee who is leaving your company. You conduct an exit interview to determine why she’s leaving and if there is anything that your company could improve so that employees don’t quit. She mentions that her daughter has a serious medical issue and that your insurance simply didn’t cover enough of the hospital costs. You make a note of this deciding that you should talk to other employees about their experiences with the insurance company.

Before you leave for the day you check in with your employees and briefly go over tomorrow’s schedule. You put your office in order and pull out information about your insurance company so that you can evaluate whether or not the company’s insurance plan is meeting employee needs.


Certifications and Licensing

You do not need a special certification in order to serve as a benefits or salary manager. However you may choose to complete certification through the National Human Resources Association to demonstrate competency in your field.


Job Flexibility

Career advancement:

As a compensation manager you’ll have decent career advancement opportunities so long as you have a well-rounded understanding of all areas of human resources.

Work location and hours:

You’ll spend the majority of your time working in an office setting. You’ll work standard office hours and will generally work a Monday through Friday schedule. If you work for a company with multiple locations you may spend between 5 and 10 percent of your time traveling.


Recommended Websites


Salaries by City

See typical salaries and ranges for this career below*. Shift click to sort by more than one column — for example first shift-click on state and then shift-click on salary to find best and worst salaries in each state.

State City / Region Typical Salary Salary Range Job Count % of All Jobs
AL Birmingham – Hoover $82790 $37K – $144K 50 0.01%
AR Fayetteville – Springdale – Rogers $140360 $74K – N/A 70 0.04%
AR Little Rock – North Little Rock – Conway $84370 $46K – $150K 60 0.02%
AZ Phoenix – Mesa – Glendale $76770 $54K – $128K 370 0.02%
AZ Tucson $75580 $50K – $111K 60 0.02%
CA Los Angeles – Long Beach – Glendale (Metro Area) $111400 $65K – $173K 610 0.02%
CA Oakland – Fremont – Hayward (Metro Area) $110600 $59K – $186K 180 0.02%
CA Oxnard – Thousand Oaks – Ventura $102150 $58K – $156K 40 0.01%
CA Riverside – San Bernardino – Ontario $100810 $61K – $168K 100 0.01%
CA Sacramento – Arden – Arcade – Roseville $98100 $57K – $140K 110 0.01%
CA San Diego – Carlsbad – San Marcos $102050 $66K – $142K 210 0.02%
CA San Francisco – San Mateo – Redwood City (Metro Area) $123560 $64K – N/A 250 0.02%
CA San Jose – Sunnyvale – Santa Clara $138820 $86K – N/A 170 0.02%
CA Santa Ana – Anaheim – Irvine (Metro Area) $104530 $62K – $185K 240 0.02%
CO Denver – Aurora – Broomfield $114530 $76K – $186K 100 0.01%
CT Bridgeport – Stamford – Norwalk $92500 $59K – N/A 130 0.03%
CT Hartford – West Hartford – East Hartford $114510 $67K – $183K 140 0.03%
CT New Haven $83880 $61K – $160K 60 0.02%
CT Norwich – New London $80840 $51K – $175K 40 0.03%
DC Washington – Arlington – Alexandria (Metro Area) $98460 $66K – $171K 500 0.02%
DE Wilmington (Metro Area) $120450 $68K – $175K 70 0.02%
FL Fort Lauderdale – Pompano Beach – Deerfield Beach (Metro Area) $124740 $79K – $150K 80 0.01%
FL Jacksonville $112690 $64K – N/A 60 0.01%
FL Miami – Miami Beach – Kendall (Metro Area) $101660 $62K – $172K 60 0.01%
FL Orlando – Kissimmee – Sanford $73480 $51K – $147K 50 0.01%
FL Tampa – St. Petersburg – Clearwater $83820 $62K – $178K 120 0.01%
FL West Palm Beach – Boca Raton – Boynton Beach (Metro Area) $123940 $69K – $178K 90 0.02%
GA Atlanta – Sandy Springs – Marietta $101350 $61K – $169K 360 0.02%
HI Honolulu $74540 $44K – $116K 80 0.02%
IA Davenport – Moline – Rock Island $62930 $41K – $114K 30 0.02%
IA Des Moines – West Des Moines $90050 $62K – $152K 80 0.02%
ID Boise City – Nampa $75030 $48K – $138K 50 0.02%
IL Chicago – Joliet – Naperville (Metro Area) $78480 $50K – $148K 830 0.02%
IL Lake County – Kenosha County (Metro Area) $90960 $49K – N/A 130 0.03%
IL Peoria $81190 $38K – $133K 70 0.04%
IL Springfield $58460 $19K – $107K 30 0.03%
IN Gary (Metro Area) $64330 $42K – $157K 40 0.02%
IN Indianapolis – Carmel $88290 $56K – $149K 150 0.02%
KY Lexington – Fayette $66230 $50K – $95K 40 0.01%
KY Louisville – Jefferson County $79330 $49K – $146K 100 0.02%
LA Baton Rouge $76360 $46K – $113K 60 0.02%
LA New Orleans – Metairie – Kenner $74570 $41K – $113K 80 0.02%
MA Boston – Cambridge – Quincy (Metro Area) $114780 $66K – N/A 750 0.04%
MA Framingham (Metro Area) $93740 $65K – $147K 40 0.03%
MA Lowell – Billerica – Chelmsford (Metro Area) $124560 $81K – $184K 40 0.03%
MA Springfield $90300 $52K – $182K 70 0.02%
MA Worcester $106120 $76K – $169K 50 0.02%
MD Baltimore – Towson $95820 $56K – $163K 180 0.01%
MD Bethesda – Rockville – Frederick (Metro Area) $107630 $78K – N/A 90 0.02%
ME Portland – South Portland – Biddeford $92220 $62K – $121K 70 0.03%
MI Detroit – Livonia – Dearborn (Metro Area) $97430 $46K – $178K 90 0.01%
MI Grand Rapids – Wyoming $68530 $50K – $125K 60 0.02%
MI Lansing – East Lansing $81270 $51K – $149K 40 0.02%
MI Warren – Troy – Farmington Hills (Metro Area) $62760 $47K – $113K 190 0.02%
MN Minneapolis – St. Paul – Bloomington $103610 $69K – $174K 590 0.03%
MO Kansas City $92820 $66K – $154K 100 0.01%
MO St. Louis $93210 $54K – $154K 190 0.01%
MS Jackson $67880 $50K – $107K 70 0.03%
NC Charlotte – Gastonia – Rock Hill $112230 $65K – $180K 190 0.02%
NC Durham – Chapel Hill $100150 $65K – $176K 40 0.01%
NC Greensboro – High Point $92800 $66K – $181K 40 0.01%
NC Raleigh – Cary $94590 $66K – $146K 70 0.01%
NC Winston – Salem $114320 $79K – $169K 40 0.02%
NE Omaha – Council Bluffs $92410 $68K – $156K 70 0.01%
NH Nashua (Metro Area) $82230 $62K – $146K N/A N/A
NJ Camden (Metro Area) $111460 $82K – $174K 40 0.01%
NJ Edison – New Brunswick (Metro Area) $125500 $98K – $181K 100 0.01%
NJ Newark – Union (Metro Area) $126830 $82K – $183K 130 0.01%
NV Las Vegas – Paradise $88710 $55K – $173K 50 0.01%
NY Albany – Schenectady – Troy $92140 $69K – $128K 100 0.02%
NY Buffalo – Niagara Falls $108330 $80K – $158K 70 0.01%
NY Nassau – Suffolk (Metro Area) $114520 $70K – N/A 140 0.01%
NY New York – White Plains – Wayne (Metro Area) $133840 $81K – N/A 1520 0.03%
NY Rochester $111590 $67K – N/A 70 0.01%
NY Syracuse $121630 $64K – $186K 50 0.02%
OH Akron $89700 $47K – $147K 60 0.02%
OH Cincinnati – Middletown $82180 $52K – $168K 200 0.02%
OH Cleveland – Elyria – Mentor $88250 $41K – N/A 210 0.02%
OH Columbus $99210 $51K – $182K 160 0.02%
OH Dayton $91520 $43K – $145K 40 0.01%
OH Toledo $85070 $55K – $136K 40 0.01%
OK Oklahoma City $63750 $41K – $116K 110 0.02%
OK Tulsa $63340 $38K – $113K 140 0.03%
OR Portland – Vancouver – Hillsboro $99700 $64K – $148K 110 0.01%
PA Allentown – Bethlehem – Easton $129340 $65K – N/A 60 0.02%
PA Harrisburg – Carlisle $88980 $51K – $160K 60 0.02%
PA Philadelphia (Metro Area) $115600 $75K – N/A 460 0.03%
PA Pittsburgh $109620 $69K – $169K 200 0.02%
PR San Juan – Caguas – Guaynabo $79820 $33K – $135K 70 0.01%
RI Providence – Fall River – Warwick $111190 $56K – $167K 100 0.02%
SC Charleston – North Charleston – Summerville $71520 $47K – $123K 40 0.01%
SC Columbia $71130 $48K – $118K 80 0.02%
SC Greenville – Mauldin – Easley $59870 $48K – $159K 80 0.03%
SC Spartanburg $67000 $43K – $137K 30 0.03%
TN Chattanooga $83980 $52K – $118K 30 0.01%
TN Knoxville $68040 $44K – $133K 100 0.03%
TN Memphis $74570 $41K – $140K 180 0.03%
TN Nashville – Davidson – Murfreesboro – Franklin $77120 $49K – $139K 180 0.02%
TX Austin – Round Rock – San Marcos $114220 $72K – N/A 50 0.01%
TX Dallas – Plano – Irving (Metro Area) $104520 $38K – N/A 280 0.01%
TX Fort Worth – Arlington (Metro Area) $101680 $73K – $140K 80 0.01%
TX Houston – Sugar Land – Baytown $117990 $69K – N/A 310 0.01%
TX San Antonio – New Braunfels $104,070 $65K – N/A 110 0.01%
UT Salt Lake City $73,300 $48K – $147K 70 0.01%
VA Richmond $103,830 $66K – $182K 100 0.02%
VA Virginia Beach – Norfolk – Newport News $76,800 $51K – $140K 90 0.01%
WA Seattle – Bellevue – Everett (Metro Area) $107,280 $74K – N/A 250 0.02%
WI Green Bay $91,760 $58K – $152K 50 0.03%
WI Madison $79,450 $43K – $143K 70 0.02%
WI Milwaukee – Waukesha – West Allis $90,410 $56K – $172K 200 0.02%

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