SOC 11-3111 · Boston-Cambridge, MA · BLS OEWS May 2024
The median salary for Compensation and Benefits Managers in Boston-Cambridge is $216,840 per year ($104.25/hr). This is 25% higher than the national median of $173,472. The middle 50% earn between $165,152 and $279,240 annually. Top earners at the 90th percentile reach $356,200.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $57.75 | $120,120 | +25.0% |
| P25 | $79.40 | $165,152 | +25.0% |
| P50MEDIAN | $104.25 | $216,840 | +25.0% |
| P75 | $134.25 | $279,240 | +25.0% |
| P90 | $171.25 | $356,200 | +25.0% |
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
The median (P50) annual salary for Compensation and Benefits Managers in Boston-Cambridge is approximately $216,840, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 25% higher than the national median of $173,472.
Entry-level Compensation and Benefits Managers (10th percentile) in Boston-Cambridge earn approximately $120,120 per year. The 25th percentile is $165,152. Top earners (90th percentile) reach $356,200.
Boston-Cambridge pays 25% higher than the national average. The national P50 is $173,472 vs $216,840 in Boston-Cambridge. Based on BLS national data adjusted for regional cost factors.
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