Career

Human Resources

 
Human Resources Careers | Compensation / Benefits Manager

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.

Job Outlook

There were 441 Compensation / Benefits Manager job postings in North Carolina in the past year and 12408 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 2012:

Salary

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.

National

The average estimated salary in the United States for this career, based on job postings in the past year, is $78,266.

State

The average estimated salary in North Carolina for this career, based on job postings in the past year, is $76,137.

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 $64,120.

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.

Education LevelPercentage
Associate's Degree2%
Bachelor's Degree65%
Master's Degree22%
Doctoral Degree0%
Other10%

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 ExperiencePercentage
0 to 2 years12%
3 to 5 years51%
6 to 8 years25%
9+ years12%

Skills

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.

Baseline Skills

A skill that is required across a broad range of occupations, including this one.

  • Communication Skills (41%)
  • Microsoft Excel (37%)
  • Teamwork / Collaboration (28%)
  • Problem Solving (22%)
  • Microsoft Office (22%)

Defining Skills

A core skill for this occupation, it occurs frequently in job postings.

  • Project Management (21%)
  • Human Resource Information System (HRIS) (14%)
  • Benefits Administration / Management (11%)
  • Workers' Compensation (10%)
  • Employee Retirement Income Security Act (ERISA) (10%)

Necessary Skills

A skill that is requested frequently in this occupation but isn’t specific to it.

  • Budgeting (19%)
  • Customer Service (10%)
  • Business Administration (10%)
  • Health Insurance Portability and Accountability Act (HIPAA) (9%)
  • Benchmarking (8%)

Distinguishing Skills

A skill that may distinguish a subset of the occupation.

  • Executive Compensation (6%)
  • Mergers and Acquisitions (5%)
  • 5500 reporting (4%)
  • Job Evaluation (4%)
  • Managed Care (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
  • Compensation Manager
  • Benefits Advisor
  • Employee Benefits Project Manager
  • Benefits

Similar Occupations

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.

Common Employers

Here are the employers that have posted the most Compensation / Benefits Manager jobs in the past year along with how many they have posted.

United States

  • Humana (423)
  • Willis Towers Watson (322)
  • Amazon (182)
  • Accenture (133)
  • KPMG (111)

North Carolina

  • Hanes Brands (25)
  • Hanesbrands, Inc. (13)
  • Willis Towers Watson (12)
  • Humana (8)
  • XPO Logistics (7)

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!

Not sure where to start?

Get personalized program recommendations with Career Insight.

Go to Career Insight