Compensation / Benefits Manager
What Does a Professional in this Career Do?
Manages compensation and benefits systems and records for an organization or company. Determines pay structure and job classifications for company employees. Supervises payroll, accounting of employee benefits, and payout of benefits such as pensions or disability insurance.
There were 299 Compensation / Benefits Manager job postings in North Carolina in the past year and 10716 in the United States.
In combination with other careers in the Compensation and Benefits Manager industry, which includes the Compensation / Benefits Manager career, the following graph shows the number of people employed for each year since 2010:
Many new Compensation / Benefits Manager jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.
The average estimated salary in the United States for this career, based on job postings in the past year, is $79,114.
The average estimated salary in North Carolina for this career, based on job postings in the past year, is $74,195.
Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Compensation / Benefits Manager postings in the United States in the past year were lower than $63,692.
Education and Experience
Posted Compensation / Benefits Manager jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.
Posted Compensation / Benefits Manager jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.
|Years of Experience||Percentage|
|0 to 2 years||11%|
|3 to 5 years||53%|
|6 to 8 years||27%|
Below are listings of the most common general and specialized skills Compensation / Benefits Manager positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.
A skill that is required across a broad range of occupations, including this one.
- Communication Skills (43%)
- Microsoft Excel (32%)
- Teamwork / Collaboration (25%)
- Problem Solving (20%)
- Planning (20%)
A core skill for this occupation, it occurs frequently in job postings.
- Budgeting (21%)
- Human Resource Information System (HRIS) (15%)
- Benefits Administration / Management (13%)
- Workers' Compensation (10%)
- Employee Retirement Income Security Act (ERISA) (9%)
A skill that is requested frequently in this occupation but isn’t specific to it.
- Project Management (19%)
- Customer Billing (17%)
- Customer Service (12%)
- Accounting (11%)
- Business Administration (9%)
A skill that may distinguish a subset of the occupation.
- Managed Care (6%)
- Medicare/Medicaid Knowledge (6%)
- Executive Compensation (5%)
- Job Evaluation (5%)
- Americans with Disabilities Act (ADA) (4%)
Alternative Job Titles
Sometimes employers post jobs with Compensation / Benefits Manager skills but a different job title. Some common alternative job titles include:
- Benefits Manager
- Benefits Advisor
- Compensation Manager
- Manager Audit & Reimbursement
- Payroll And Benefits Manager
If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.
- Director of Compensation / Benefits
- Compensation / Benefits Analyst
- Senior Compensation / Benefits Analyst
- Human Resources Manager
- Director of Human Resources
- Compensation / Benefits Specialist
Here are the employers that have posted the most Compensation / Benefits Manager jobs in the past year along with how many they have posted.
- Anthem Blue Cross (410)
- Novartis (281)
- Biogen (177)
- Orange Wing (165)
- Genentech (107)
- Anthem Blue Cross (8)
- Novartis (8)
- Biogen (7)
- Wells Fargo (5)
- Keith A Long Llc, Dba Source Medical (5)
NC State Programs Relevant to this Career
If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!