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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2023

11-3111 Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization. Job analysis and position description managers are included in “Human Resources Managers” (11-3121).


National estimates for Compensation and Benefits Managers
Industry profile for Compensation and Benefits Managers
Geographic profile for Compensation and Benefits Managers

National estimates for Compensation and Benefits Managers:

Employment estimate and mean wage estimates for Compensation and Benefits Managers:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
18,690 2.6 % $ 72.57 $ 150,940 1.2 %

Percentile wage estimates for Compensation and Benefits Managers:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 36.81 $ 49.30 $ 65.57 $ 87.03 $ 110.56
Annual Wage (2) $ 76,550 $ 102,540 $ 136,380 $ 181,030 $ 229,970


Industry profile for Compensation and Benefits Managers:

Industries with the highest published employment and wages for Compensation and Benefits Managers are provided. For a list of all industries with employment in Compensation and Benefits Managers, see the Create Customized Tables function.

Industries with the highest levels of employment in Compensation and Benefits Managers:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management of Companies and Enterprises 4,650 0.17 $ 77.52 $ 161,230
Agencies, Brokerages, and Other Insurance Related Activities 1,130 0.09 $ 75.87 $ 157,800
Insurance Carriers 720 0.06 $ 72.95 $ 151,740
Management, Scientific, and Technical Consulting Services 710 0.04 $ 93.58 $ 194,640
Employment Services 680 0.02 $ 56.14 $ 116,770

Industries with the highest concentration of employment in Compensation and Benefits Managers:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Insurance and Employee Benefit Funds 150 1.32 $ 57.38 $ 119,340
Management of Companies and Enterprises 4,650 0.17 $ 77.52 $ 161,230
Agencies, Brokerages, and Other Insurance Related Activities 1,130 0.09 $ 75.87 $ 157,800
Insurance Carriers 720 0.06 $ 72.95 $ 151,740
Business, Professional, Labor, Political, and Similar Organizations 280 0.06 $ 68.28 $ 142,020

Top paying industries for Compensation and Benefits Managers:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Computer and Peripheral Equipment Manufacturing 60 0.04 $ 117.92 $ 245,280
Aerospace Product and Parts Manufacturing 70 0.01 $ 106.06 $ 220,600
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services 250 0.05 $ 96.56 $ 200,840
Software Publishers 240 0.04 $ 95.08 $ 197,770
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 390 0.04 $ 94.25 $ 196,030


Geographic profile for Compensation and Benefits Managers:

States and areas with the highest published employment, location quotients, and wages for Compensation and Benefits Managers are provided. For a list of all areas with employment in Compensation and Benefits Managers, see the Create Customized Tables function.



Map of employment of compensation and benefits managers by state, May 2023


States with the highest employment level in Compensation and Benefits Managers:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 2,990 0.17 1.35 $ 80.10 $ 166,620
New York 1,880 0.20 1.63 $ 96.79 $ 201,320
Texas 1,730 0.13 1.04 $ 63.54 $ 132,170
Florida 1,060 0.11 0.90 $ 63.09 $ 131,240
North Carolina 780 0.16 1.33 $ 67.93 $ 141,300


Map of location quotient of compensation and benefits managers by state, May 2023


States with the highest concentration of jobs and location quotients in Compensation and Benefits Managers:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 170 0.24 1.95 $ 81.05 $ 168,590
New York 1,880 0.20 1.63 $ 96.79 $ 201,320
Massachusetts 720 0.20 1.60 $ 84.27 $ 175,290
Nebraska 180 0.18 1.48 $ 60.17 $ 125,160
Maryland 480 0.18 1.47 $ 68.88 $ 143,260


Map of annual mean wages of compensation and benefits managers by state, May 2023


Top paying states for Compensation and Benefits Managers:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 1,880 0.20 1.63 $ 96.79 $ 201,320
New Jersey 660 0.16 1.27 $ 90.53 $ 188,300
Washington 350 0.10 0.81 $ 87.93 $ 182,900
Connecticut 210 0.13 1.04 $ 87.68 $ 182,380
Massachusetts 720 0.20 1.60 $ 84.27 $ 175,290



Map of employment of compensation and benefits managers by area, May 2023


Metropolitan areas with the highest employment level in Compensation and Benefits Managers:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 1,990 0.21 1.70 $ 99.52 $ 207,000
Los Angeles-Long Beach-Anaheim, CA 1,000 0.16 1.31 $ 79.16 $ 164,650
Boston-Cambridge-Nashua, MA-NH 640 0.23 1.90 $ 85.95 $ 178,780
San Francisco-Oakland-Hayward, CA 620 0.26 2.09 $ 92.46 $ 192,310
Atlanta-Sandy Springs-Roswell, GA 580 0.21 1.67 $ 77.36 $ 160,910
Washington-Arlington-Alexandria, DC-VA-MD-WV 560 0.18 1.47 $ 79.10 $ 164,520
Chicago-Naperville-Elgin, IL-IN-WI 450 0.10 0.82 $ 66.11 $ 137,510
Houston-The Woodlands-Sugar Land, TX 360 0.11 0.92 $ 66.04 $ 137,360
Seattle-Tacoma-Bellevue, WA 280 0.13 1.09 $ 91.06 $ 189,400
Miami-Fort Lauderdale-West Palm Beach, FL 270 0.10 0.82 $ 61.91 $ 128,760


Map of location quotient of compensation and benefits managers by area, May 2023


Metropolitan areas with the highest concentration of jobs and location quotients in Compensation and Benefits Managers:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Durham-Chapel Hill, NC 210 0.61 4.96 $ 49.73 $ 103,440
Tallahassee, FL 60 0.31 2.52 $ 41.87 $ 87,100
Columbia, SC 120 0.30 2.45 $ 37.31 $ 77,600
Bridgeport-Stamford-Norwalk, CT 110 0.27 2.16 $ 89.42 $ 185,990
San Francisco-Oakland-Hayward, CA 620 0.26 2.09 $ 92.46 $ 192,310
Omaha-Council Bluffs, NE-IA 120 0.25 2.00 $ 60.97 $ 126,820
San Jose-Sunnyvale-Santa Clara, CA 270 0.23 1.91 $ 100.69 $ 209,440
Boston-Cambridge-Nashua, MA-NH 640 0.23 1.90 $ 85.95 $ 178,780
Winston-Salem, NC 60 0.23 1.85 $ 59.42 $ 123,590
New York-Newark-Jersey City, NY-NJ-PA 1,990 0.21 1.70 $ 99.52 $ 207,000


Map of annual mean wages of compensation and benefits managers by area, May 2023


Top paying metropolitan areas for Compensation and Benefits Managers:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
San Jose-Sunnyvale-Santa Clara, CA 270 0.23 1.91 $ 100.69 $ 209,440
New York-Newark-Jersey City, NY-NJ-PA 1,990 0.21 1.70 $ 99.52 $ 207,000
San Francisco-Oakland-Hayward, CA 620 0.26 2.09 $ 92.46 $ 192,310
Seattle-Tacoma-Bellevue, WA 280 0.13 1.09 $ 91.06 $ 189,400
Hartford-West Hartford-East Hartford, CT 50 0.09 0.76 $ 89.75 $ 186,680
Bridgeport-Stamford-Norwalk, CT 110 0.27 2.16 $ 89.42 $ 185,990
Boston-Cambridge-Nashua, MA-NH 640 0.23 1.90 $ 85.95 $ 178,780
Charlotte-Concord-Gastonia, NC-SC 270 0.20 1.66 $ 85.05 $ 176,900
Denver-Aurora-Lakewood, CO 170 0.10 0.85 $ 82.21 $ 170,990
Detroit-Warren-Dearborn, MI 250 0.13 1.05 $ 81.95 $ 170,460


About May 2023 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2023 National Occupational Employment and Wage Estimates

May 2023 State Occupational Employment and Wage Estimates

May 2023 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2023 National Industry-Specific Occupational Employment and Wage Estimates

May 2023 Occupation Profiles

Technical Notes

 

Last Modified Date: April 3, 2024