Compensation & Benefits Managers

Also Called: Benefits Manager, Compensation Director, Compensation Manager

Bachelor's Degree

usually needed

Not Available
(Students Only)
Match Percentage

$76,550

Entry Salary

Average

Job outlook

What Compensation & Benefits Managers do

Plan, direct, or coordinate compensation and benefits activities of an organization.

  • Design, evaluate and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements.
  • Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
  • Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
Industry Areas:

Finance and Business

Expand For Additional Details

Work Context

  • Electronic Mail
  • Telephone
  • Face-to-Face Discussions
  • Indoors, Environmentally Controlled
  • Spend Time Sitting

Tools

  • Photocopiers
  • Read write digital versatile disc DVD
  • Personal digital assistant PDAs or organizers
  • Notebook computers
  • High capacity removable media drives

Technology

Human resources software
ADP Workforce Now
Human resource management software HRMS
Presentation software
Microsoft PowerPoint
Enterprise resource planning ERP software
Microsoft Dynamics GP
Oracle Hyperion

The Education & Training You Need

Skills

  • Active Listening
  • Reading Comprehension
  • Speaking
  • Critical Thinking
  • Judgment and Decision Making

Knowledge

Business
human resources (HR)
management
Arts and Humanities
English language
Math and Science
arithmetic, algebra, geometry, calculus, or statistics
Safety and Government
law and government

Education

  • 81% Bachelor's degree
  • 14% Master's degree
  • 5% Post-baccalaureate certificate

Experience

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

What are some related occupations at different educational levels?


Sales Representatives of Services

Educational Level

High School Diploma or Equivalent

Insurance Appraisers, Auto Damage

Educational Level

Post-secondary, non-degree

Travel Agents

Educational Level

Associate's Degree

Compensation & Benefits Managers Currently Selected

Educational Level

Bachelor's Degree

Business Teachers, Postsecondary

Educational Level

Advanced Degree

What are your training options on the pathway to this occupation?

Advanced Training

There are currently no advanced training opportunities for this career.

ACT & College

  • Adelphi University

    Garden City, NY

  • Alamance Community College

    Graham, NC

Apprenticeships

Earn while you learn. Apprenticeships combines paid training & specialized classes to help workers enter highly skilled occupations. Click here for to locate an apprenticeship near you.

Military

The Military offers exciting career opportunities that align with your interests. Click here to explore military careers and find a recruiter near you.

Are You a Good Fit?

Occupation Traits

    • Conventional (Organizer)
    • Enterprising (Persuader)
    • Social (Helper)

Work Styles

  • Integrity
  • Attention to Detail
  • Analytical Thinking
  • Dependability
  • Initiative
  • Self Control

Values

  • Relationships
  • Support
  • Independence

Abilities

  • Verbal
  • Ideas and Logic
  • Math

This is what Compensation & Benefits Managers across the country typically make.

$36.81 / hour
$76,550 /year

Entry Level

$65.57 / hour
$136,380 /year

Median Level

$110.56 / hour
$229,970 /year

Experienced Level

Income information reflects a regional average.
Income information reflects a national average.

This career’s National Job Outlook is

Average

Please be sure to verify the outlook of this occupation with your instructor.

Search Jobs