|Quick Facts: Compensation and Benefits Managers|
$125,130 per year
$60.16 per hour
|5 years or more|
|3% (As fast as average)|
Compensation and benefits managers plan, develop, and oversee programs to pay employees.
Compensation and benefits managers work in nearly every industry. Some work more than 40 hours per week.
Compensation and benefits managers typically need a bachelor’s degree and related work experience.
The median annual wage for compensation and benefits managers was $125,130 in May 2020.
Employment of compensation and benefits managers is projected to grow 3 percent from 2019 to 2029, about as fast as the average for all occupations.
Explore resources for employment and wages by state and area for compensation and benefits managers.
Compare the job duties, education, job growth, and pay of compensation and benefits managers with similar occupations.
Learn more about compensation and benefits managers by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.